CAE FINANCIAL STATEMENTS

CAE Inc. — balance sheet, income statement and cash flow trends

CAECAE Inc.

🇨🇦 Canada · TO · Industrials · Aerospace & Defense

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Income Statement

Quarterly progression — trailing-twelve-month values
RevenueNet Income
02 B4 B202120222023202420252026

Profit Funnel

Q1 2026 · TTM
Revenue4.9 B C$Gross Profit1.4 B C$ · 28%Operating Income686.7 M C$ · 14%Pre-tax Income400.2 M C$ · 8%Net Income313.1 M C$ · 6%

Percentages are relative to revenue.

Key Figures

YoY change
Revenue4.9 B C$+4.4%
Gross Profit1.4 B C$+7.0%
Operating Income686.7 M C$-5.8%
EBITDA1 B C$+0.3%
Net Income313.1 M C$-22.7%

Peer Comparison· Aerospace & Defense

CompanyRev. GrowthGross MarginEBITDA MarginNet Margin
CAE4.4%28.3%20.6%6.4%
HXL2.4%23.6%15.9%6.1%
MRCY9.0%27.7%9.1%-1.5%
AVAV140.9%22.7%-0.3%-13.4%
KTOS21.8%21.8%7.7%2.1%
SARO15.0%14.3%12.1%4.7%
Industry median12.2%24.2%13.1%6.6%

Balance Sheet

Quarterly period-end values
Total AssetsTotal LiabilitiesEquity
05 B10 B202120222023202420252026

Capital Structure

Q1 2026
Total Assets11.1 B
  • Equity5.3 B C$48%
  • Current Liabilities2.4 B C$21%
  • Long-term Liabilities3.4 B C$31%

Key Figures

YoY change
Total Assets11.1 B C$-0.6%
Total Liabilities5.8 B C$-7.7%
Total Equity5.3 B C$+8.4%
Cash & ST Investments552.4 M C$+88.1%
Total Debt3.2 B C$-6.8%
Net Debt2.7 B C$-15.6%

Peer Comparison· Aerospace & Defense

CompanyCurrent RatioDebt/EquityNetDebt/EBITDAEquity/Assets
CAE0.9661.0%2.6447.6%
HXL2.4578.8%3.0746.5%
MRCY3.1944.3%3.6559.6%
AVAV4.3019.0%-33.5277.0%
KTOS5.635.4%-11.7384.3%
SARO2.1291.2%3.1240.1%
Industry median1.7548.4%0.8844.2%

Cash Flow Statement

Quarterly progression — trailing-twelve-month values
Operating Cash FlowCapital ExpendituresFree Cash Flow
0500 M202120222023202420252026

Cash Flow Bridge

Q1 2026 · TTM
0250 M500 M750 M760.1 M C$Operating-318.5 M C$Investing-182.7 M C$Financing259 M C$Net Change

Key Figures

YoY change
Operating Cash Flow760.1 M C$-15.2%
Capital Expenditures298.3 M C$-32.8%
Free Cash Flow461.8 M C$-0.2%
Dividends Paid——

Peer Comparison· Aerospace & Defense

CompanyCF MarginFCF MarginCapEx RatioCF/Net Income
CAE15.5%9.4%6.1%242.8%
HXL14.4%13.0%3.2%236.2%
MRCY9.8%7.3%2.6%-674.8%
AVAV-4.0%-6.2%4.6%29.6%
KTOS-2.9%-9.5%6.5%-140.8%
SARO3.5%2.1%1.4%75.1%
Industry median11.1%5.8%3.8%110.3%

Amounts are in the company’s reporting currency. Peer comparison tables use ratio-based metrics so currency differences do not distort the picture.

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Data on this page refreshes once per day. Price data as of Jul 3, 26. This content is for informational purposes only and is not investment advice.