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 revenue | 6,176 | 6,168 | 6,404 | 6,049 | 6,085 | 5,930 | 6,422 | 5,971 | 6,005 | 6,011 | 6,473 | 6,080 |
| Cost of revenue | 3,438 | 3,500 | 3,435 | 3,279 | 3,385 | 3,347 | 3,518 | 3,240 | 3,291 | 3,430 | 3,571 | 3,386 |
| Gross profit | 2,738 | 2,668 | 2,969 | 2,770 | 2,700 | 2,583 | 2,904 | 2,731 | 2,714 | 2,581 | 2,902 | 2,694 |
| Selling, general and administrative | 998 | 1,004 | 220 | 974 | 992 | — | 216 | — | — | — | 218 | — |
| Research and development | — | — | 60.0 | — | — | — | 66.0 | — | — | — | 90.0 | — |
| Operating income | 1,362 | 1,312 | 1,249 | 1,461 | 1,413 | 1,311 | 1,372 | 1,472 | 1,444 | 1,319 | 1,341 | 1,462 |
| EBIT | 1,362 | 1,312 | 1,249 | 1,461 | 1,413 | 1,311 | 1,372 | 1,472 | 1,444 | 1,319 | 1,341 | 1,462 |
| EBITDA | 2,738 | 2,668 | 2,619 | 2,770 | 2,700 | 2,583 | 2,622 | 2,731 | 2,714 | 2,581 | 2,594 | 2,694 |
| Interest expense | 469 | 444 | 453 | 457 | 442 | 423 | 431 | 440 | 426 | 416 | 399 | 373 |
| Pre-tax income | 893 | 906 | 833 | 5,050 | 884 | 940 | 680 | -1,186 | 835 | 623 | 645 | 950 |
| Income tax | 264 | 239 | 201 | 495 | 240 | 257 | 175 | 5.0 | 231 | 166 | 210 | 243 |
| Net income | 597 | 653 | 630 | 4,540 | 619 | 671 | 504 | -1,192 | 583 | 449 | 430 | 687 |
| Net income to common shareholders | 558 | 616 | 594 | 4,502 | 579 | 630 | 461 | -1,237 | 537 | 402 | 382 | 640 |
| Basic EPS | 0.60 | 0.66 | 0.64 | 4.83 | 0.62 | 0.68 | 0.51 | -1.36 | 0.59 | 0.44 | 0.42 | 0.70 |
| Diluted EPS | 0.60 | 0.66 | 0.64 | 4.83 | 0.62 | 0.68 | 0.51 | -1.36 | 0.59 | 0.44 | 0.42 | 0.70 |
| Average shares (basic) | 933 | 933 | 933 | 933 | 931 | 920 | 912 | 912 | 912 | 912 | 912 | 912 |
| Average shares (diluted) | 933 | 933 | 933 | 933 | 931 | 920 | 912 | 912 | 912 | 912 | 912 | 912 |
| Dividend per share | 0.44 | 0.44 | 0.44 | 0.44 | 0.44 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.97 | 0.97 |
