The Toronto-Dominion Bank (TD) Income Statement
TD FY2025 at a glance
Fiscal year ended October 31, 2025 · U.S. dollarsTD revenue and net income
Where TD's revenue goes
FY2025Each bar shows an amount and its share of revenue. TD kept 17.7% of revenue as net income.
TD profit margins
TD growth rates
to FY2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −2.8% | — | — | — |
| Gross profit | +9.2% | — | — | — |
| Operating income | +107.6% | — | — | — |
| Net income | +132.3% | — | — | — |
| EPS (diluted) | −0.6% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
TD quarterly EPS vs estimates
Toronto-Dominion Bank beat the analyst EPS estimate in 0 of the last 1 quarters. Next report: December 3, 2026 (estimate $1.83).
TD income statement
| FY2025 | FY2024 | |
|---|---|---|
| Revenue | $115.84B | $119.17B |
| Cost of revenue | $59.06B | $67.17B |
| Gross profit | $56.78B | $52.00B |
| Sales, general & admin | $25.96B | $24.90B |
| Total operating expenses | $32.83B | $40.47B |
| Operating income | $23.95B | $11.53B |
| Interest income | $87.62B | $93.39B |
| Interest expense | $54.56B | $62.92B |
| Income before taxes | $23.95B | $11.53B |
| Income taxes | $3.41B | $2.69B |
| Net income | $20.54B | $8.84B |
| EBITDA | $26.11B | $13.56B |
| EPS (diluted) | $8.01 | $8.06 |
| Gross margin | 49.0% | 43.6% |
| Operating margin | 20.7% | 9.7% |
| Net margin | 17.7% | 7.4% |
| Oct '25 | |
|---|---|
| Revenue | $28.77B |
| Cost of revenue | $13.86B |
| Gross profit | $14.91B |
| Sales, general & admin | $6.68B |
| Total operating expenses | $10.81B |
| Operating income | $4.10B |
| Interest income | $21.42B |
| Interest expense | $12.88B |
| Income before taxes | $4.10B |
| Income taxes | $822.0M |
| Net income | $3.28B |
| EBITDA | $4.67B |
| EPS (diluted) | $1.82 |
| Gross margin | 51.8% |
| Operating margin | 14.3% |
| Net margin | 11.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in TD's financial statements (latest annual report filed December 4, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
TD financial results
In fiscal year 2025 (ended October 31, 2025), Toronto-Dominion Bank reported revenue of $115.8 billion, down 2.8% from the year before. It had net income of $20.5 billion (up 132.3%), a net profit margin of 17.7%. Diluted earnings per share came to $8.01.
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TD income statement FAQ
What is Toronto-Dominion Bank's annual revenue?
Toronto-Dominion Bank reported total revenue of $115.8 billion for fiscal year 2025, which ended on October 31, 2025. That was down 2.8% from $119.2 billion the previous year.
Is Toronto-Dominion Bank profitable?
Yes. Toronto-Dominion Bank reported net income of $20.5 billion in fiscal 2025, a net profit margin of 17.7%; its operating margin was 20.7%.
What is Toronto-Dominion Bank's gross margin?
Toronto-Dominion Bank's gross margin was 49.0% in fiscal 2025: for every $100 of revenue, Toronto-Dominion Bank kept $49 after the direct cost of its products and services.
What are Toronto-Dominion Bank's earnings per share?
Toronto-Dominion Bank earned $8.01 per diluted share in fiscal 2025, compared with $8.06 a year earlier.
When will Toronto-Dominion Bank report its next earnings?
Toronto-Dominion Bank is expected to report results for the quarter ending October 31, 2026 on December 3, 2026 before the market opens.
When does Toronto-Dominion Bank's fiscal year end?
Toronto-Dominion Bank's fiscal year ends in October. The latest annual report covers the year ended October 31, 2025 and was filed on December 4, 2025.