Great-West Lifeco revenue and financials

GWO · TSX · CAD

$89.07Change from previous close: −0.54%Absolute change: −$0.48

Close · October 6, 2026

In the fiscal year ended December 2025, Great-West Lifeco reported revenue of $35.45B (+2.04% year over year). Net income was $4.12B, a net margin of 11.6%.

Annual revenue · 2025: $35.45B
  1. $46.42B2016
  2. $47.12B2017
  3. $44B2018
  4. $44.71B2019
  5. $60.67B2020
  6. $64.45B2021
  7. $30.39B2022
  8. $31.24B2023
  9. $34.74B2024
  10. $35.45B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+2.04%
2025 vs 2024
Net income growth
+1.23%
2025 vs 2024
Net margin
11.6%
2024: 11.7%

Financial data

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

Cash flow · Quarterly
ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Operating cash flow7212,107-3151,7051,485-1672,0009631,5352532,091-73.0
Depreciation and amortization112112247109112111248105103100218100
Investing cash flow-25.0-26.0-41.0-1.0-12.0-2.0-5.0-84.0-105-214-655-46.0
Financing cash flow-790-1,197-1,385-1,337-914-686-515-593-641-536-598-692
Dividends paid-663-640-618-596-599-600-550-549-550-550-517-516
Share repurchases-361-578-948—-327-113——————
Debt issued——138———————61.0—
Debt repaid——0.0—————————
Effect of exchange rates16071.0-93.0137-27089.034219.085.088.0-74.0102
Net change in cash66.0955-1,834504289-7661,822305874-409764-709
Free cash flow7212,107-315—1,485-167——————
Levered free cash flow-7,1475,316-3,836-4,0903,654-767-4,480-6,1261,0594,316-9,7142,773