Sun Life Financial revenue and financials
Secondary listing. The primary listing is Sun Life Financial · TSX (CAD)
$77.73Change from previous close: −1.12%Absolute change: −$0.88
In the fiscal year ended December 2025, Sun Life Financial reported revenue of $41.9B (+8.00% year over year). Net income was $3.55B, a net margin of 8.5%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +8.00%
- 2025 vs 2024
- Net income growth
- +13.49%
- 2025 vs 2024
- Net margin
- 8.5%
- 2024: 8.1%
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 116 | 2,175 | 1,201 | 1,180 | 800 | -382 | 612 | 3,240 | 1,167 | -2,487 | 3,403 | 1,900 |
| Depreciation and amortization | 44.0 | 43.0 | 338 | 39.0 | 97.0 | 39.0 | 412 | 35.0 | 38.0 | — | 386 | 35.0 |
| Investing cash flow | -69.0 | -90.0 | -144 | -43.0 | -53.0 | -80.0 | -181 | -75.0 | -97.0 | 16.0 | -241 | -138 |
| Financing cash flow | 18.0 | -3,012 | -120 | -10.0 | -864 | -1,642 | -1,019 | -1,644 | -294 | -925 | -639 | -1,427 |
| Dividends paid | -563 | -520 | -545 | -507 | -526 | -486 | -510 | -483 | -502 | -467 | -521 | -453 |
| Debt issued | 807 | 14.0 | 1,010 | 1,015 | 223 | 9.0 | 10.0 | — | 755 | 9.0 | 44.0 | 497 |
| Effect of exchange rates | 96.0 | 38.0 | -91.0 | 124 | -250 | 19.0 | 335 | -45.0 | 47.0 | 134 | -289 | 227 |
| Net change in cash | 161 | -889 | 846 | 1,251 | -367 | -2,085 | -253 | 1,476 | 823 | -3,262 | 2,234 | 562 |
| Free cash flow | 90.0 | 2,152 | 1,155 | 1,144 | 768 | -413 | 572 | 3,207 | 1,141 | -2,531 | 3,387 | 1,854 |
| Levered free cash flow | -8,333 | -10,879 | 9,470 | -4,020 | 1,257 | -10,934 | 7,479 | -4,691 | -319 | -10,437 | 4,230 | 4,417 |