Income Statement - CANADIAN NATIONAL RAILWAY CO (CNI)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 17.29 | 17.05 | 16.83 | 17.11 | 14.48 | 13.82 | 14.92 | 14.32 | 13.04 | 12.04 | 12.61 | 12.13 | 10.58 | 9.92 | 9.03 | 8.30 | 7.37 | 8.48 | 7.90 | 7.93 |
| Cost of revenue | 9.53 | 10.08 | 9.68 | 9.71 | 8.41 | 8.05 | 8.83 | 8.36 | 7.37 | 6.64 | 6.95 | 7.14 | 6.41 | 5.90 | 5.46 | 4.91 | 2.13 | 2.80 | 2.32 | 1.93 |
| Gross profit | 7.76 | 6.97 | 7.15 | 7.40 | 6.07 | 5.77 | 6.09 | 5.96 | 5.68 | 5.40 | 5.66 | 4.99 | 4.17 | 4.02 | 3.57 | 3.39 | 5.24 | 5.68 | 5.58 | 5.79 |
| Total operating expenses | 1.18 | 0.72 | 0.55 | 0.56 | 0.45 | 0.99 | 0.17 | 0.17 | 0.12 | 0.08 | 0.39 | 0.37 | 0.30 | 0.34 | 0.28 | 0.37 | 2.83 | 2.79 | 2.70 | 4.90 |
| Operating income | 6.58 | 6.25 | 6.60 | 6.84 | 5.62 | 4.78 | 5.59 | 5.49 | 5.24 | 5.03 | 5.27 | 4.62 | 3.87 | 3.69 | 3.30 | 3.02 | 2.41 | 2.89 | 2.88 | 3.03 |
| Non-operating income (net) | -0.32 | -0.40 | -0.11 | -0.08 | 0.73 | -0.26 | -0.16 | 0.19 | -0.15 | -0.11 | -0.39 | -0.26 | -0.28 | -0.03 | 0.06 | -0.15 | -0.15 | -0.35 | -0.17 | -0.30 |
| Income before tax | 6.26 | 5.85 | 6.49 | 6.76 | 6.34 | 4.52 | 5.43 | 5.68 | 5.09 | 4.93 | 4.87 | 4.36 | 3.59 | 3.66 | 3.36 | 2.88 | 2.26 | 2.55 | 2.71 | 2.73 |
| Income tax expense | 1.54 | 1.40 | 0.86 | 1.65 | 1.44 | 0.98 | 1.21 | 1.35 | -0.40 | 1.29 | 1.34 | 1.19 | 0.98 | 0.98 | 0.90 | 0.77 | 0.41 | 0.65 | 0.55 | 0.64 |
| Net income | 4.72 | 4.45 | 5.63 | 5.12 | 4.90 | 3.55 | 4.22 | 4.33 | 5.48 | 3.64 | 3.54 | 3.17 | 2.61 | 2.68 | 2.46 | 2.10 | 1.85 | 1.90 | 2.16 | 2.09 |
Show Quarterly Income Statement
Income Statement - CANADIAN NATIONAL RAILWAY CO (CNI)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 4.39 | 4.46 | 4.17 | 4.27 | 4.40 | 4.36 | 4.11 | 4.33 | 4.25 | 4.47 | 3.99 | 4.06 | 4.31 | 4.54 | 4.51 | 4.34 | 3.71 | 3.75 | 3.59 | 3.60 | 3.54 | 3.66 | 3.41 | 3.21 | 3.55 | 3.58 | 3.83 | 3.96 | 3.54 | 3.81 | 3.69 | 3.63 | 3.19 | 3.29 | 3.22 | 3.33 | 3.21 | 3.22 | 3.01 | 2.84 | 2.96 | 3.17 | 3.22 | 3.13 | 3.10 | 3.21 | 3.12 | 3.12 | 2.69 | 2.75 | 2.70 | 2.67 | 2.47 | 2.53 | 2.50 | 2.54 | 2.35 | 2.38 | 2.31 | 2.26 | 2.08 | 2.12 | 2.12 | 2.09 | 1.97 | 1.88 | 1.85 | 1.78 | 1.86 | 2.20 | 2.26 | 2.10 | 1.93 | 1.94 | 2.02 | 2.03 | 1.91 | 1.95 | 1.98 | 1.94 | 1.85 |
| Cost of revenue | 2.51 | 2.40 | 2.30 | 2.45 | 2.63 | 2.55 | 2.45 | 2.54 | 2.54 | 2.50 | 2.34 | 2.34 | 2.50 | 2.51 | 2.45 | 2.42 | 2.33 | 2.06 | 2.07 | 2.09 | 2.19 | 2.12 | 1.93 | 1.82 | 2.18 | 2.24 | 2.12 | 2.16 | 2.31 | 2.25 | 2.09 | 2.00 | 2.02 | 1.86 | 1.76 | 1.80 | 1.87 | 1.71 | 1.54 | 1.48 | 1.64 | 1.74 | 1.66 | 1.67 | 1.88 | 1.85 | 1.75 | 1.78 | 1.78 | 1.71 | 1.54 | 1.56 | 1.61 | 3.68 | 1.44 | 1.48 | 1.48 | 0.74 | 0.68 | 0.68 | 0.66 | 0.64 | 0.56 | 0.57 | 0.57 | 0.54 | 0.50 | 0.50 | 0.56 | 0.68 | 0.72 | 0.74 | 0.66 | 2.24 | 0.56 | 0.57 | 0.98 | 0.51 | 0.49 | 0.43 | 1.22 |
| Gross profit | 1.88 | 2.07 | 1.87 | 1.83 | 1.78 | 1.81 | 1.66 | 1.79 | 1.71 | 1.97 | 1.65 | 1.72 | 1.81 | 2.03 | 2.07 | 1.92 | 1.38 | 1.69 | 1.52 | 1.51 | 1.34 | 1.53 | 1.48 | 1.39 | 1.37 | 1.34 | 1.71 | 1.80 | 1.24 | 1.56 | 1.60 | 1.63 | 1.17 | 1.42 | 1.46 | 1.53 | 1.34 | 1.51 | 1.48 | 1.37 | 1.33 | 1.42 | 1.56 | 1.45 | 1.22 | 1.36 | 1.37 | 1.34 | 0.92 | 1.04 | 1.16 | 1.11 | 0.86 | -1.15 | 1.06 | 1.07 | 0.87 | 1.64 | 1.63 | 1.59 | 1.42 | 1.48 | 1.57 | 1.53 | 1.39 | 1.34 | 1.35 | 1.28 | 1.30 | 1.52 | 1.54 | 1.36 | 1.27 | -0.30 | 1.47 | 1.45 | 0.93 | 1.44 | 1.49 | 1.51 | 0.62 |
| Total operating expenses | 0.33 | 0.33 | 0.26 | 0.19 | 0.17 | 0.18 | 0.15 | 0.23 | 0.16 | 0.15 | 0.13 | 0.12 | 0.15 | 0.12 | 0.14 | 0.16 | 0.15 | 0.13 | 0.18 | 0.13 | 0.02 | 0.12 | 0.11 | 0.61 | 0.15 | 0.13 | 0.09 | 0.12 | 0.16 | 0.11 | 0.11 | 0.11 | 0.14 | 0.12 | 0.08 | 0.12 | 0.12 | 0.11 | 0.07 | 0.07 | 0.11 | 0.07 | 0.07 | 0.09 | 0.16 | 0.10 | 0.09 | 0.08 | 0.10 | 0.07 | 0.08 | 0.07 | 0.08 | -2.07 | 0.07 | 0.08 | 0.08 | 0.80 | 0.69 | 0.71 | 0.78 | 0.71 | 0.73 | 0.72 | 0.79 | 0.69 | 0.66 | 0.70 | 0.82 | 0.70 | 0.70 | 0.65 | 0.75 | -1.04 | 0.70 | 0.64 | 0.37 | 0.68 | 0.65 | 0.71 | 1.22 |
| Operating income | 1.55 | 1.73 | 1.61 | 1.64 | 1.61 | 1.63 | 1.52 | 1.56 | 1.55 | 1.82 | 1.52 | 1.60 | 1.66 | 1.91 | 1.93 | 1.77 | 1.23 | 1.57 | 1.34 | 1.38 | 1.33 | 1.41 | 1.37 | 0.79 | 1.22 | 1.22 | 1.61 | 1.68 | 1.08 | 1.45 | 1.49 | 1.52 | 1.03 | 1.30 | 1.38 | 1.42 | 1.22 | 1.40 | 1.41 | 1.29 | 1.22 | 1.35 | 1.49 | 1.36 | 1.06 | 1.26 | 1.29 | 1.26 | 0.82 | 0.97 | 1.08 | 1.04 | 0.78 | 0.92 | 0.99 | 0.99 | 0.79 | 0.84 | 0.94 | 0.87 | 0.65 | 0.77 | 0.83 | 0.81 | 0.60 | 0.65 | 0.69 | 0.58 | 0.48 | 0.82 | 0.84 | 0.71 | 0.52 | 0.74 | 0.77 | 0.81 | 0.56 | 0.76 | 0.84 | 0.80 | 0.62 |
| Non-operating income (net) | -0.03 | -0.06 | -0.10 | -0.08 | -0.08 | -0.12 | -0.11 | -0.07 | -0.10 | 0.05 | -0.07 | -0.05 | -0.05 | -0.03 | -0.02 | -0.01 | -0.02 | 0.01 | 0.76 | -0.01 | -0.03 | -0.06 | -0.06 | -0.07 | -0.05 | -0.06 | -0.03 | -0.03 | -0.05 | 0.04 | 0.00 | 0.18 | -0.04 | -0.11 | -0.03 | -0.04 | -0.04 | -0.03 | -0.12 | -0.12 | -0.12 | -0.10 | -0.10 | -0.09 | -0.10 | -0.08 | -0.10 | -0.09 | 0.00 | -0.09 | -0.08 | -0.06 | -0.05 | -0.09 | -0.07 | -0.08 | 0.21 | -0.06 | -0.02 | -0.08 | 0.21 | -0.08 | -0.07 | -0.08 | 0.07 | -0.02 | -0.08 | -0.10 | 0.05 | -0.09 | -0.09 | -0.08 | -0.09 | 0.07 | -0.08 | -0.08 | -0.08 | -0.05 | -0.09 | -0.08 | -0.08 |
| Income before tax | 1.52 | 1.67 | 1.51 | 1.56 | 1.53 | 1.51 | 1.41 | 1.48 | 1.45 | 1.87 | 1.45 | 1.55 | 1.62 | 1.88 | 1.92 | 1.76 | 1.21 | 1.57 | 2.10 | 1.37 | 1.29 | 1.36 | 1.31 | 0.72 | 1.17 | 1.16 | 1.59 | 1.65 | 1.03 | 1.50 | 1.50 | 1.70 | 0.99 | 1.19 | 1.35 | 1.37 | 1.18 | 1.36 | 1.29 | 1.18 | 1.10 | 1.25 | 1.39 | 1.27 | 0.96 | 1.18 | 1.19 | 1.17 | 0.82 | 0.87 | 1.00 | 0.98 | 0.73 | 0.83 | 0.92 | 0.91 | 1.00 | 0.78 | 0.92 | 0.80 | 0.86 | 0.70 | 0.77 | 0.74 | 0.67 | 0.63 | 0.61 | 0.48 | 0.53 | 0.73 | 0.76 | 0.63 | 0.43 | 0.81 | 0.69 | 0.73 | 0.48 | 0.71 | 0.75 | 0.72 | 0.55 |
| Income tax expense | 0.38 | 0.42 | 0.37 | 0.39 | 0.37 | 0.36 | 0.32 | 0.37 | 0.35 | -0.26 | 0.34 | 0.38 | 0.40 | 0.46 | 0.46 | 0.43 | 0.29 | 0.37 | 0.42 | 0.34 | 0.32 | 0.33 | 0.32 | 0.17 | 0.15 | 0.29 | 0.39 | 0.29 | 0.25 | 0.35 | 0.36 | 0.39 | 0.25 | -1.42 | 0.39 | 0.34 | 0.30 | 0.35 | 0.32 | 0.32 | 0.31 | 0.31 | 0.38 | 0.39 | 0.26 | 0.34 | 0.34 | 0.32 | 0.20 | 0.24 | 0.30 | 0.27 | 0.18 | 0.22 | 0.26 | 0.28 | 0.23 | 0.18 | 0.26 | 0.26 | 0.19 | 0.20 | 0.21 | 0.20 | 0.16 | 0.05 | 0.15 | 0.10 | 0.11 | 0.16 | 0.20 | 0.17 | 0.12 | -0.02 | 0.21 | 0.21 | 0.15 | 0.20 | 0.25 | 0.00 | 0.19 |
| Net income | 1.15 | 1.25 | 1.14 | 1.17 | 1.16 | 1.15 | 1.09 | 1.11 | 1.10 | 2.13 | 1.11 | 1.17 | 1.22 | 1.42 | 1.46 | 1.33 | 0.92 | 1.20 | 1.69 | 1.04 | 0.98 | 1.02 | 0.99 | 0.55 | 1.01 | 0.87 | 1.20 | 1.36 | 0.79 | 1.14 | 1.13 | 1.31 | 0.74 | 2.61 | 0.96 | 1.03 | 0.88 | 1.02 | 0.97 | 0.86 | 0.79 | 0.94 | 1.01 | 0.89 | 0.70 | 0.84 | 0.85 | 0.85 | 0.62 | 0.64 | 0.71 | 0.72 | 0.56 | 0.61 | 0.66 | 0.63 | 0.78 | 0.59 | 0.66 | 0.54 | 0.67 | 0.50 | 0.56 | 0.53 | 0.51 | 0.58 | 0.46 | 0.39 | 0.42 | 0.57 | 0.55 | 0.46 | 0.31 | 0.83 | 0.49 | 0.52 | 0.32 | 0.50 | 0.50 | 0.73 | 0.36 |