BCE revenue and financials
$28.15Change from previous close: −0.07%Absolute change: −$0.02
In the fiscal year ended December 2025, BCE reported revenue of $24.47B (+0.24% year over year). Net income was $6.46B, a net margin of 26.4%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +0.24%
- 2025 vs 2024
- Net income growth
- +1,777.91%
- 2025 vs 2024
- Net margin
- 26.4%
- 2024: 1.4%
Financial data
Amounts in millions of CAD; per-share values in CAD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 81,042 | 81,377 | 80,165 | 78,583 | 71,134 | 72,162 | 73,485 | 72,716 | 74,247 | 72,567 | 71,940 | 70,372 |
| Current assets | 7,544 | 8,373 | 7,407 | 7,046 | 7,067 | 7,780 | 8,923 | 8,814 | 8,582 | 7,900 | 7,898 | 6,737 |
| Cash and equivalents | 479 | 1,376 | 320 | 465 | 510 | 1,052 | 1,572 | 1,860 | 1,648 | 960 | 772 | 619 |
| Short-term investments | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 400 | 750 | 750 | 700 | 1,000 | — |
| Receivables | 4,719 | 4,872 | 5,049 | 4,622 | 4,496 | 4,537 | 4,966 | 4,436 | 4,327 | 4,364 | 4,474 | 4,242 |
| Inventory | 449 | 326 | 389 | 378 | 453 | 422 | 420 | 382 | 410 | 458 | 465 | 636 |
| Net property, plant and equipment | 32,973 | 33,127 | 33,541 | 32,763 | 29,520 | 29,777 | 30,001 | 29,915 | 30,060 | 30,357 | 30,352 | 30,158 |
| Goodwill | 13,320 | 13,310 | 13,231 | 14,544 | 10,175 | 10,170 | 10,261 | 10,289 | 11,358 | 10,997 | 10,942 | 11,023 |
| Other intangible assets | 17,693 | 17,566 | 17,234 | 16,122 | 16,737 | 16,817 | 16,786 | 16,824 | 17,628 | 16,770 | 16,609 | 16,491 |
| Long-term investments | 2,108 | 1,974 | 1,594 | 1,298 | 1,257 | 1,218 | 1,218 | 943 | 921 | 904 | 910 | 553 |
| Current liabilities | 10,296 | 11,367 | 12,856 | 12,179 | 11,575 | 12,120 | 14,846 | 14,128 | 13,122 | 13,006 | 12,107 | 11,770 |
| Accounts payable | 4,167 | 4,117 | 2,817 | 4,178 | 4,288 | 4,134 | 2,961 | 4,099 | 4,342 | 4,345 | 3,308 | 4,354 |
| Long-term debt | 37,522 | 37,447 | 30,595 | 35,155 | 32,522 | 33,869 | 28,244 | 32,606 | 32,918 | 31,283 | 26,278 | 29,532 |
| Total debt | 41,776 | 42,960 | 41,059 | 40,975 | 37,559 | — | — | — | — | — | — | — |
| Total liabilities | 56,864 | 57,724 | 56,855 | 55,825 | 52,757 | 54,543 | 56,125 | 54,735 | 54,237 | 52,195 | 51,383 | 49,065 |
| Total equity (incl. minority) | 24,178 | 23,653 | 23,310 | 22,758 | 18,377 | 17,619 | 17,360 | 17,981 | 20,010 | 20,372 | 20,557 | 21,307 |
| Retained earnings | -2,098 | -2,574 | -3,642 | -4,064 | -8,385 | -8,638 | -8,441 | -8,029 | -5,974 | -5,711 | -5,513 | -4,716 |
| Minority interest | 314 | 293 | 290 | 300 | 310 | 286 | 289 | 303 | 317 | 323 | 328 | 337 |