Air Canada (TSX:AC)
Canada flag Canada · Delayed Price · Currency is CAD
17.94
-0.45 (-2.45%)
Mar 6, 2026, 11:14 AM EST

Air Canada Income Statement

Millions CAD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 2020 - 2016
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 2020 - 2016
Operating Revenue
20,63720,75120,32715,5045,993
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Other Revenue
1,7351,5041,5061,052407
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Revenue
22,37222,25521,83316,5566,400
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Revenue Growth (YoY)
0.53%1.93%31.87%158.69%9.72%
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Cost of Revenue
15,74215,62814,51012,5616,396
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Gross Profit
6,6306,6277,3233,9954
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Selling, General & Admin
1,1511,1661,165853323
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Other Operating Expenses
2,5252,3572,1511,661909
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Operating Expenses
5,6885,3225,0194,1542,848
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Operating Income
9421,3052,304-159-2,844
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Interest Expense
-606-731-930-896-732
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Interest & Investment Income
22243141616872
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Currency Exchange Gain (Loss)
245-400389-732-52
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Other Non Operating Income (Expenses)
-51-79-2199-47
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EBT Excluding Unusual Items
7525262,177-1,420-3,603
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Merger & Restructuring Charges
-----175
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Gain (Loss) on Sale of Investments
371745-86-36
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Asset Writedown
----4-38
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Other Unusual Items
--28-10-14-129
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Pretax Income
7895152,212-1,524-3,981
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Income Tax Expense
145-1,205-64176-379
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Earnings From Continuing Operations
6441,7202,276-1,700-3,602
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Net Income
6441,7202,276-1,700-3,602
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Net Income to Common
6441,7202,276-1,700-3,602
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Net Income Growth
-62.56%-24.43%---
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Shares Outstanding (Basic)
311358358358351
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Shares Outstanding (Diluted)
320376376358351
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Shares Change (YoY)
-14.89%-5.03%1.99%24.47%
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EPS (Basic)
2.074.806.36-4.75-10.26
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EPS (Diluted)
1.874.725.97-4.75-10.26
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EPS Growth
-60.50%-20.82%---
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Free Cash Flow
7471,2942,756796-2,575
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Free Cash Flow Per Share
2.333.447.332.22-7.34
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Gross Margin
29.64%29.78%33.54%24.13%0.06%
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Operating Margin
4.21%5.86%10.55%-0.96%-44.44%
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Profit Margin
2.88%7.73%10.42%-10.27%-56.28%
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Free Cash Flow Margin
3.34%5.81%12.62%4.81%-40.23%
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EBITDA
2,2382,4383,357816-1,902
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EBITDA Margin
10.00%10.96%15.38%4.93%-29.72%
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D&A For EBITDA
1,2961,1331,053975942
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EBIT
9421,3052,304-159-2,844
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EBIT Margin
4.21%5.86%10.55%-0.96%-44.44%
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Effective Tax Rate
18.38%----
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Revenue as Reported
22,37222,25521,83316,5566,400
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Source: S&P Capital IQ. Standard template. Financial Sources.