Financials · CAE

CAE Inc. (CAE) financials

For fiscal 2026 (ended Mar 31, 2026), CAE Inc. reported C$4.91B of revenue and C$313.10M of net income. Figures are in CAD, the currency of its SEC filings.

Revenue, FY2026
C$4.91B
Revenue growth, YoY
+4.4%
Net income, FY2026
C$313.10M
Net income growth, YoY
-22.7%
Net margin
6.4%
Free cash flow, FY2026
C$504.10M
EPS, diluted, FY2026
C$0.97
EPS growth, YoY
-23.6%
Cash
C$552.40M
Total debt
C$2.98B
Annual revenueC$4.91B
FY2017FY2026
Annual net incomeC$313.10M
FY2017FY2026
Annual free cash flowC$504.10M
FY2017FY2026

CAE revenue and earnings growth

CAE revenueFY2026C$4.91B

FY YoY
+4.4%
5Y CAGR
+10.5%

CAE revenue was C$4.91B for fiscal 2026 (ended Mar 31, 2026), up 4.4% from fiscal 2025. Compound annual growth was +10.5% over 5 years. It rose in 8 of the last 9 fiscal years. Fiscal 2026 is the highest of the 10 fiscal years on file.

CAE net incomeFY2026C$313.10M

FY YoY
-22.7%

CAE net income was C$313.10M for fiscal 2026 (ended Mar 31, 2026), down 22.7% from fiscal 2025.

CAE EPSFY2026C$0.97

FY YoY
-23.6%

CAE diluted EPS was C$0.97 for fiscal 2026 (ended Mar 31, 2026), down 23.6% from fiscal 2025.

CAE free cash flowFY2026C$504.10M

FY YoY
-6.7%
5Y CAGR
+14.2%

CAE free cash flow was C$504.10M for fiscal 2026 (ended Mar 31, 2026), down 6.7% from fiscal 2025. Compound annual growth was +14.2% over 5 years. It rose in 3 of the last 9 fiscal years.

Income statement

Income statement
Line item
Mar 31, 2026
Mar 31, 2025
Mar 31, 2024
Mar 31, 2023
Mar 31, 2022
Mar 31, 2021
Mar 31, 2020
Mar 31, 2019
Mar 31, 2018
Mar 31, 2017
RevenueC$4.91BC$4.71BC$4.28BC$4.01BC$3.37BC$2.98BC$3.62BC$3.30BC$2.82BC$2.70B
Cost of revenueC$3.52BC$3.41BC$3.13BC$2.93BC$2.42BC$2.22BC$2.54BC$2.36BC$1.95BC$1.89B
Gross profitC$1.39BC$1.30BC$1.15BC$1.08BC$955.50MC$765.00MC$1.08BC$941.50MC$877.90MC$811.20M
Research and developmentC$144.00MC$123.20MC$149.80MC$129.00MC$120.80MC$104.70MC$137.50MC$101.40MC$114.90MC$111.00M
Selling, general and adminC$624.30MC$565.40MC$535.00MC$501.50MC$489.10MC$398.90MC$437.50MC$415.20MC$380.80MC$364.40M
Operating incomeC$612.30MC$729.20M-C$185.40MC$466.00MC$284.20MC$48.40MC$537.10MC$480.60MC$462.80MC$364.70M
Interest expenseC$230.70MC$236.70MC$222.50MC$187.00MC$143.40MC$148.70MC$155.90MC$97.10MC$90.90MC$84.00M
Pre-tax incomeC$400.20MC$513.70M-C$390.40MC$292.40MC$153.60M-C$87.20MC$392.70MC$399.70MC$385.60MC$292.30M
Income taxC$77.50MC$98.70M-C$72.80MC$62.60MC$3.60M-C$39.70MC$73.80MC$59.60MC$30.90MC$35.20M
Net incomeC$313.10MC$405.30M-C$304.00MC$222.70MC$141.70M-C$47.20MC$311.40MC$330.00MC$346.00MC$251.50M
EPS, basicC$0.98C$1.27-C$1.02C$0.69C$0.46-C$0.17C$1.17C$1.24C$1.29C$0.94
EPS, dilutedC$0.97C$1.27-C$1.02C$0.69C$0.45-C$0.17C$1.16C$1.23C$1.28C$0.93
Diluted shares322.2M319.7M318.2M318.4M312.9M272.0M267.6M268.0M269.5M269.6M

Balance sheet

Balance sheet
Line item
Mar 31, 2026
Mar 31, 2025
Mar 31, 2024
Mar 31, 2023
Mar 31, 2022
Mar 31, 2021
Mar 31, 2020
Mar 31, 2019
Mar 31, 2018
Mar 31, 2017
Cash and equivalentsC$552.40MC$293.70MC$160.10MC$217.60MC$346.10MC$926.10MC$946.50MC$446.10MC$611.50MC$504.70M
ReceivablesC$624.30MC$612.00MC$624.70MC$615.70MC$556.90MC$518.60MC$566.10MC$496.00MC$452.00MC$450.10M
InventoryC$454.80MC$595.00MC$573.60MC$583.40MC$519.80MC$647.80MC$616.20MC$537.00MC$516.10MC$549.00M
Current assetsC$2.27BC$2.14BC$2.01BC$2.23BC$2.15BC$3.38BC$2.81BC$2.11BC$2.12BC$1.97B
GoodwillC$2.40BC$2.44BC$1.97BC$2.66BC$2.46BC$1.17B----
Total assetsC$11.15BC$11.21BC$9.83BC$10.44BC$9.58BC$8.75BC$8.48BC$7.17BC$5.78BC$5.40B
Current liabilitiesC$2.36BC$2.69BC$2.36BC$2.25BC$2.09BC$2.63BC$2.06BC$1.89BC$1.47BC$1.41B
Long-term debtC$2.98BC$3.07BC$2.77BC$3.04BC$2.80BC$2.14BC$3.11BC$2.06BC$1.21BC$1.20B
Total debtC$2.98BC$3.07BC$2.77BC$3.04BC$2.80BC$2.14BC$3.11BC$2.06BC$1.21BC$1.20B
Total liabilitiesC$5.76BC$6.24BC$5.53BC$5.85BC$5.49BC$5.54BC$5.91BC$4.76BC$3.48BC$3.39B
Shareholders' equityC$5.30BC$4.89BC$4.30BC$4.59BC$4.09BC$3.21BC$2.58BC$2.38BC$2.30BC$1.95B

Cash flow

Cash flow
Line item
Mar 31, 2026
Mar 31, 2025
Mar 31, 2024
Mar 31, 2023
Mar 31, 2022
Mar 31, 2021
Mar 31, 2020
Mar 31, 2019
Mar 31, 2018
Mar 31, 2017
Operating cash flowC$791.90MC$896.50MC$566.90MC$408.40MC$418.20MC$366.60MC$545.10MC$530.40MC$403.30MC$464.30M
Capital expendituresC$287.80MC$356.20MC$329.80MC$268.80MC$272.20MC$107.60MC$283.40MC$251.80MC$173.90MC$222.90M
Free cash flowC$504.10MC$540.30MC$237.10MC$139.60MC$146.00MC$259.00MC$261.70MC$278.60MC$229.40MC$241.40M
Investing cash flow-C$319.30M-C$732.30M-C$215.40M-C$400.70M-C$2.24B-C$343.40M-C$495.90M-C$1.38B-C$169.00MC$259.20M
Financing cash flow-C$212.70M-C$49.80M-C$395.30M-C$152.60MC$1.26B-C$21.30MC$443.40MC$690.30M-C$142.50M-C$181.10M
Dividends paid-----C$0C$110.90MC$99.90MC$89.90MC$80.60M
Share repurchasesC$7.00MC$21.30MC$0-------
Stock-based compensationC$36.70MC$25.20MC$14.80MC$6.10MC$6.40MC$9.60MC$14.50MC$9.30MC$23.10MC$29.20M

Key ratios

Key ratios
Line item
Mar 31, 2026
Mar 31, 2025
Mar 31, 2024
Mar 31, 2023
Mar 31, 2022
Mar 31, 2021
Mar 31, 2020
Mar 31, 2019
Mar 31, 2018
Mar 31, 2017
Revenue growth, YoY4.4%9.9%6.8%19.0%13.1%-17.7%9.7%17.0%4.4%-
Net income growth, YoY-22.7%--57.2%---5.6%-4.6%37.6%-
EPS growth, YoY-23.6%--53.3%---5.7%-3.9%37.6%-
Gross margin28.3%27.6%27.0%27.0%28.3%25.7%29.9%28.5%31.1%30.0%
Operating margin12.5%15.5%-4.3%11.6%8.4%1.6%14.8%14.5%16.4%13.5%
Net margin6.4%8.6%-7.1%5.6%4.2%-1.6%8.6%10.0%12.3%9.3%
Free cash flow margin10.3%11.5%5.5%3.5%4.3%8.7%7.2%8.4%8.1%8.9%
Return on equity5.9%8.3%-7.1%4.9%3.5%-1.5%12.1%13.9%15.1%12.9%
Return on assets2.8%3.6%-3.1%2.1%1.5%-0.5%3.7%4.6%6.0%4.7%
Current ratio0.960.800.850.991.031.281.361.121.441.39
Debt to equity0.560.630.640.660.690.661.200.870.530.62

Source: XBRL data CAE Inc. files with the SEC, latest filing dated Jun 22, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

CAE peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
CAEC$4.91B+4.4%C$313.10M6.4%$8.85B
ASML€32.67B+15.6%€9.61B29.4%$583.23B
LRCX$26.13B+33.4%$8.45B32.3%$276.45B
TMO$47.35B+8.3%$7.07B14.9%$267.38B
DE$47.98B+8.0%$4.87B10.2%$186.39B
DHR$25.61B+5.5%$4.33B16.9%$165.41B
ETN$31.98B+20.1%$3.90B12.2%$139.59B
JCI$24.43B+5.1%$3.53B14.5%$85.71B
ITW$16.65B+4.8%$3.23B19.4%$81.49B

CAE FAQ

9 questions
  • What is CAE revenue?
    CAE Inc. (CAE) reported C$4.91B of revenue for fiscal 2026 (ended Mar 31, 2026). That is up 4.4% from the year before.
  • Is CAE profitable?
    Yes. CAE Inc. earned C$313.10M in net income for fiscal 2026 (ended Mar 31, 2026), a net margin of 6.4%.
  • How much cash and debt does CAE have?
    CAE Inc. reported C$552.40M in cash and cash equivalents and C$2.98B of debt on its most recent balance sheet in SEC filings.
  • How fast is CAE revenue growing?
    CAE Inc.'s revenue changed +4.4% in fiscal 2026, to C$4.91B. Its compound annual growth rate was +10.5% over 5 years.
  • What is CAE gross margin?
    CAE Inc.'s gross profit was C$1.39B on C$4.91B of revenue for fiscal 2026 (ended Mar 31, 2026), a gross margin of 28.3%.
  • What is CAE free cash flow?
    CAE Inc. generated C$504.10M of free cash flow for fiscal 2026 (ended Mar 31, 2026), which is operating cash flow of C$791.90M less capital expenditures.
  • What is CAE earnings per share?
    Diluted earnings per share were C$0.97 for fiscal 2026 (ended Mar 31, 2026), from SEC filings, restated for any stock split those filings show.
  • When did CAE last report financial results?
    The latest statements here come from CAE Inc.'s 40-F filed on Jun 22, 2026, covering the period ended Mar 31, 2026.
  • Where does this CAE financial data come from?
    Quantisnow builds these statements from the structured XBRL data CAE Inc. files with the SEC. It is provided for information only and is not investment advice.