Teck Resources Subordinate Voting revenue and financials
$95.38Change from previous close: −1.47%Absolute change: −$1.42
In the fiscal year ended December 2025, Teck Resources Subordinate Voting reported revenue of $10.76B (+18.65% year over year). Net income was $1.4B, a net margin of 13.0%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +18.65%
- 2025 vs 2024
- Net income growth
- +245.07%
- 2025 vs 2024
- Net margin
- 13.0%
- 2024: 4.5%
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 | 3,605 | 3,943 | 3,058 | 3,385 | 2,023 | 2,290 | 2,786 | 2,858 | 1,802 | 1,619 | 1,843 | 1,989 |
| Cost of revenue | 1,935 | 2,228 | 2,068 | 2,725 | 1,552 | 1,754 | 2,244 | 2,380 | 1,384 | 1,450 | 1,691 | 1,728 |
| Gross profit | 1,670 | 1,715 | 990 | 660 | 471 | 536 | 542 | 478 | 418 | 169 | 152 | 261 |
| Selling, general and administrative | 84.0 | 76.0 | 60.0 | 68.0 | 69.0 | 72.0 | 59.0 | 72.0 | 82.0 | 62.0 | 88.0 | 68.0 |
| Research and development | 4.0 | 4.0 | 13.0 | 5.0 | 7.0 | 10.0 | 12.0 | 6.0 | 14.0 | 18.0 | 17.0 | 36.0 |
| Operating income | 1,555 | 1,533 | 997 | 477 | 269 | 459 | 273 | 388 | 289 | -17.0 | -176 | 60.0 |
| EBIT | 1,555 | 1,533 | 997 | 477 | 269 | 459 | 273 | 388 | 289 | -17.0 | -176 | 60.0 |
| EBITDA | 2,012 | 2,079 | 1,367 | 1,068 | 647 | 908 | 693 | 915 | 678 | 357 | -5.0 | 374 |
| Interest expense | 157 | 157 | 172 | 170 | 173 | 161 | 184 | 190 | 191 | 168 | — | -6.0 |
| Pre-tax income | 1,459 | 1,336 | 792 | 289 | 125 | 450 | 256 | -759 | 20.0 | -235 | -324 | 48.0 |
| Income tax | 575 | 527 | 267 | 156 | 24.0 | 137 | 12.0 | 87.0 | 109 | -3.0 | -41.0 | 115 |
| Net income | 854 | 819 | 544 | 281 | 206 | 370 | 399 | -699 | 363 | 343 | 483 | 276 |
| Net income to common shareholders | 854 | 819 | 544 | 281 | 206 | 370 | 399 | -699 | 363 | 343 | 483 | 276 |
| Basic EPS | 1.74 | 1.67 | 1.11 | 0.58 | 0.42 | 0.74 | 0.78 | -1.35 | 0.70 | 0.66 | 0.93 | 0.53 |
| Diluted EPS | 1.74 | 1.67 | 1.11 | 0.57 | 0.41 | 0.73 | 0.78 | -1.35 | 0.69 | 0.66 | 0.93 | 0.52 |
| Average shares (basic) | 490 | 489 | 488 | 488 | 495 | 503 | 510 | 517 | 519 | 518 | 520 | 520 |
| Average shares (diluted) | 492 | 491 | 490 | 490 | 497 | 505 | 512 | 517 | 524 | 524 | 526 | 527 |
| Dividend per share | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 |