Constellation Software

CSU · TSX · CAD

$2,981.21+0.38%+$11.21

Close · October 2, 2026

At a glance

Revenue growth: +15.47%; 2025 vs 2024
Net income growth: −29.96%; 2025 vs 2024
Net margin: 4.4%; 2024: 7.3%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Balance sheet · Annual
Item	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Total assets	16,171	12,848	10,862	7,872	5,766	4,375	3,488	2,935	2,288	1,883
Current assets	5,803	4,291	3,339	2,467	1,835	1,585	1,062	1,208	993	774
Cash and equivalents	3,089	1,980	1,284	811	763	758	316	589	489	353
Short-term investments	52.0	14.0	14.0	115	—	—	—	—	—	23.0
Receivables	2,218	1,924	1,712	1,270	842	675	610	510	424	331
Inventory	68.0	56.0	51.0	48.0	35.0	27.0	31.0	34.0	23.2	19.7
Net property, plant and equipment	616	544	445	404	334	334	307	60.0	49.5	42.6
Goodwill	1,781	1,451	1,263	792	610	431	361	302	259	227
Other intangible assets	6,616	6,011	5,421	3,877	2,822	1,897	1,641	1,254	926	771
Long-term investments	655	13.0	10.0	3.0	2.0	2.0	2.0	3.0	2.3	1.3
Current liabilities	6,074	4,661	5,483	3,772	2,461	2,040	1,732	1,344	1,172	873
Accounts payable	1,941	1,591	1,427	1,083	832	666	529	464	379	292
Long-term debt	3,998	3,544	2,248	1,153	915	620	375	317	237	339
Total debt	5,396	4,533	3,682	2,288	1,387	1,036	681	368	237	347
Total liabilities	11,903	9,561	8,901	5,939	4,246	3,327	2,801	2,069	1,684	1,426
Total equity (incl. minority)	4,268	3,287	1,961	1,933	1,520	1,048	687	866	604	458
Retained earnings	3,347	2,919	1,876	1,763	1,206	980	628	804	532	394
Minority interest	692	493	85.0	221	460	—	—	—	—	—