Canadian National Railway Company (CNI) Income Statement
CNI 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsCNI revenue and net income
Where CNI's revenue goes
2025Each bar shows an amount and its share of revenue. CNI kept 27.3% of revenue as net income.
CNI profit margins
CNI growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | — | — | — | — |
| Gross profit | — | — | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
CNI quarterly EPS vs estimates
Canadian National Railway beat the analyst EPS estimate in 1 of the last 1 quarters. Next report: October 30, 2026 (estimate $1.49).
CNI income statement
| 2025 | |
|---|---|
| Revenue | $17.29B |
| Cost of revenue | $9.53B |
| Gross profit | $7.76B |
| Sales, general & admin | $3.94B |
| Total operating expenses | $1.18B |
| Operating income | $6.58B |
| Interest income | $913.0M |
| Interest expense | $912.3M |
| Income before taxes | $6.26B |
| Income taxes | $1.54B |
| Net income | $4.72B |
| EBITDA | $9.11B |
| EPS (diluted) | $7.63 |
| Gross margin | 44.9% |
| Operating margin | 38.1% |
| Net margin | 27.3% |
| Dec '25 | |
|---|---|
| Revenue | $4.46B |
| Cost of revenue | $2.40B |
| Gross profit | $2.07B |
| Sales, general & admin | $1.02B |
| Total operating expenses | $333.7M |
| Operating income | $1.73B |
| Interest income | $234.0M |
| Interest expense | $233.8M |
| Income before taxes | $1.67B |
| Income taxes | $420.7M |
| Net income | $1.25B |
| EBITDA | $2.36B |
| EPS (diluted) | $2.08 |
| Gross margin | 46.3% |
| Operating margin | 38.8% |
| Net margin | 28.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in CNI's financial statements (latest annual report filed February 4, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CNI financial results
In fiscal year 2025 (ended December 31, 2025), Canadian National Railway reported revenue of $17.3 billion. It had net income of $4.7 billion, a net profit margin of 27.3%. Diluted earnings per share came to $7.63.
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CNI income statement FAQ
What is Canadian National Railway's annual revenue?
Canadian National Railway reported total revenue of $17.3 billion for fiscal year 2025, which ended on December 31, 2025.
Is Canadian National Railway profitable?
Yes. Canadian National Railway reported net income of $4.7 billion in fiscal 2025, a net profit margin of 27.3%; its operating margin was 38.1%.
What is Canadian National Railway's gross margin?
Canadian National Railway's gross margin was 44.9% in fiscal 2025: for every $100 of revenue, Canadian National Railway kept $45 after the direct cost of its products and services.
What are Canadian National Railway's earnings per share?
Canadian National Railway earned $7.63 per diluted share in fiscal 2025.
When will Canadian National Railway report its next earnings?
Canadian National Railway is expected to report results for the quarter ending September 30, 2026 on October 30, 2026 before the market opens.
When does Canadian National Railway's fiscal year end?
Canadian National Railway's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 4, 2026.