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 | 17,289.90 | 17,046.00 | 16,828.00 | 17,107.00 | 14,477.00 | 13,819.00 | 14,917.00 | 14,321.00 | 13,041.00 | 12,037.00 | 12,611.00 | 12,134.00 | 10,575.00 | 9,920.00 | 9,028.00 | 8,297.00 | 7,367.00 | 8,482.00 | 7,897.00 | 7,929.00 |
| Cost of revenue | 9,532.23 | 10,079.00 | 9,677.00 | 9,711.00 | 8,408.00 | 8,048.00 | 8,832.00 | 8,359.00 | 7,366.00 | 6,642.00 | 6,951.00 | 7,142.00 | 6,407.00 | 5,897.00 | 5,456.00 | 4,905.00 | 2,131.00 | 2,802.00 | 2,318.00 | 1,930.58 |
| Gross profit | 7,757.67 | 6,967.00 | 7,151.00 | 7,396.00 | 6,069.00 | 5,771.00 | 6,085.00 | 5,962.00 | 5,675.00 | 5,395.00 | 5,660.00 | 4,992.00 | 4,168.00 | 4,023.00 | 3,572.00 | 3,392.00 | 5,236.00 | 5,680.00 | 5,579.00 | 5,785.42 |
| Total operating expenses | 1,176.04 | 720.00 | 554.00 | 556.00 | 453.00 | 994.00 | 171.00 | 167.00 | 117.00 | 83.00 | 394.00 | 368.00 | 295.00 | 338.00 | 276.00 | 368.00 | 2,830.00 | 2,786.00 | 2,703.00 | 4,899.00 |
| Operating income | 6,581.63 | 6,247.00 | 6,597.00 | 6,840.00 | 5,616.00 | 4,777.00 | 5,593.00 | 5,493.00 | 5,243.00 | 5,032.00 | 5,266.00 | 4,624.00 | 3,873.00 | 3,685.00 | 3,296.00 | 3,024.00 | 2,406.00 | 2,894.00 | 2,876.00 | 3,030.00 |
| Non-operating income (net) | -322.74 | -395.00 | -109.00 | -77.00 | 726.00 | -256.00 | -164.00 | 189.00 | -154.00 | -105.00 | -392.00 | -264.00 | -284.00 | -27.00 | 60.00 | -148.00 | -145.00 | -349.00 | -170.00 | -301.00 |
| Income before tax | 6,258.90 | 5,852.00 | 6,488.00 | 6,763.00 | 6,342.00 | 4,521.00 | 5,429.00 | 5,682.00 | 5,089.00 | 4,927.00 | 4,874.00 | 4,360.00 | 3,589.00 | 3,658.00 | 3,356.00 | 2,876.00 | 2,261.00 | 2,545.00 | 2,706.00 | 2,729.00 |
| Income tax expense | 1,542.74 | 1,404.00 | 863.00 | 1,645.00 | 1,443.00 | 976.00 | 1,213.00 | 1,354.00 | -395.00 | 1,287.00 | 1,336.00 | 1,193.00 | 977.00 | 978.00 | 899.00 | 772.00 | 407.00 | 650.00 | 548.00 | 642.00 |
| Net income | 4,716.15 | 4,448.00 | 5,625.00 | 5,118.00 | 4,899.00 | 3,545.00 | 4,216.00 | 4,328.00 | 5,484.00 | 3,640.00 | 3,538.00 | 3,167.00 | 2,612.00 | 2,680.00 | 2,457.00 | 2,104.00 | 1,854.00 | 1,895.00 | 2,158.00 | 2,087.00 |
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 | 4,390.32 | 4,460.36 | 4,170.90 | 4,272.00 | 4,403.00 | 4,358.00 | 4,110.00 | 4,329.00 | 4,249.00 | 4,471.00 | 3,987.00 | 4,057.00 | 4,313.00 | 4,542.00 | 4,513.00 | 4,344.00 | 3,708.00 | 3,753.00 | 3,591.00 | 3,598.00 | 3,535.00 | 3,656.00 | 3,409.00 | 3,209.00 | 3,545.00 | 3,584.00 | 3,830.00 | 3,959.00 | 3,544.00 | 3,808.00 | 3,688.00 | 3,631.00 | 3,194.00 | 3,285.00 | 3,221.00 | 3,329.00 | 3,206.00 | 3,217.00 | 3,014.00 | 2,842.00 | 2,964.00 | 3,166.00 | 3,222.00 | 3,125.00 | 3,098.00 | 3,207.00 | 3,118.00 | 3,116.00 | 2,693.00 | 2,745.00 | 2,698.00 | 2,666.00 | 2,466.00 | 2,534.00 | 2,497.00 | 2,543.00 | 2,346.00 | 2,377.00 | 2,307.00 | 2,260.00 | 2,084.00 | 2,117.00 | 2,122.00 | 2,093.00 | 1,965.00 | 1,882.00 | 1,845.00 | 1,781.00 | 1,859.00 | 2,200.00 | 2,257.00 | 2,098.00 | 1,927.00 | 1,940.76 | 2,023.00 | 2,027.00 | 1,906.98 | 1,952.55 | 1,976.93 | 1,940.61 | 1,845.56 |
| Cost of revenue | 2,510.47 | 2,395.05 | 2,298.25 | 2,445.00 | 2,626.00 | 2,549.00 | 2,448.00 | 2,542.00 | 2,540.00 | 2,503.00 | 2,339.00 | 2,335.00 | 2,500.00 | 2,514.00 | 2,446.00 | 2,420.00 | 2,331.00 | 2,062.00 | 2,067.00 | 2,088.00 | 2,191.00 | 2,122.00 | 1,929.00 | 1,819.00 | 2,178.00 | 2,240.00 | 2,123.00 | 2,161.00 | 2,308.00 | 2,245.00 | 2,086.00 | 2,004.00 | 2,024.00 | 1,864.00 | 1,764.00 | 1,797.00 | 1,865.00 | 1,711.00 | 1,539.00 | 1,477.00 | 1,635.00 | 1,742.00 | 1,662.00 | 1,671.00 | 1,876.00 | 1,846.00 | 1,745.00 | 1,775.00 | 1,776.00 | 1,705.00 | 1,538.00 | 1,559.00 | 1,605.00 | 3,680.00 | 1,440.00 | 1,477.00 | 1,476.00 | 740.00 | 681.00 | 675.00 | 664.00 | 635.00 | 556.00 | 565.00 | 571.00 | 543.00 | 498.00 | 497.00 | 555.00 | 684.00 | 717.00 | 742.00 | 659.00 | 2,243.97 | 557.00 | 574.00 | 980.60 | 512.59 | 488.65 | 427.05 | 1,221.43 |
| Gross profit | 1,879.85 | 2,065.32 | 1,872.65 | 1,827.00 | 1,777.00 | 1,809.00 | 1,662.00 | 1,787.00 | 1,709.00 | 1,968.00 | 1,648.00 | 1,722.00 | 1,813.00 | 2,028.00 | 2,067.00 | 1,924.00 | 1,377.00 | 1,691.00 | 1,524.00 | 1,510.00 | 1,344.00 | 1,534.00 | 1,480.00 | 1,390.00 | 1,367.00 | 1,344.00 | 1,707.00 | 1,798.00 | 1,236.00 | 1,563.00 | 1,602.00 | 1,627.00 | 1,170.00 | 1,421.00 | 1,457.00 | 1,532.00 | 1,341.00 | 1,506.00 | 1,475.00 | 1,365.00 | 1,329.00 | 1,424.00 | 1,560.00 | 1,454.00 | 1,222.00 | 1,361.00 | 1,373.00 | 1,341.00 | 917.00 | 1,040.00 | 1,160.00 | 1,107.00 | 861.00 | -1,146.00 | 1,057.00 | 1,066.00 | 870.00 | 1,637.00 | 1,626.00 | 1,585.00 | 1,420.00 | 1,482.00 | 1,566.00 | 1,528.00 | 1,394.00 | 1,339.00 | 1,347.00 | 1,284.00 | 1,304.00 | 1,516.00 | 1,540.00 | 1,356.00 | 1,268.00 | -303.21 | 1,466.00 | 1,453.00 | 926.38 | 1,439.96 | 1,488.28 | 1,513.57 | 624.13 |
| Total operating expenses | 326.84 | 333.73 | 264.37 | 189.00 | 167.00 | 181.00 | 147.00 | 229.00 | 163.00 | 150.00 | 131.00 | 122.00 | 151.00 | 116.00 | 135.00 | 155.00 | 150.00 | 125.00 | 183.00 | 128.00 | 17.00 | 123.00 | 114.00 | 605.00 | 152.00 | 126.00 | 94.00 | 116.00 | 156.00 | 111.00 | 110.00 | 108.00 | 140.00 | 120.00 | 78.00 | 117.00 | 117.00 | 111.00 | 68.00 | 72.00 | 112.00 | 70.00 | 73.00 | 92.00 | 159.00 | 101.00 | 87.00 | 83.00 | 97.00 | 73.00 | 76.00 | 65.00 | 81.00 | -2,068.00 | 72.00 | 81.00 | 77.00 | 798.00 | 688.00 | 711.00 | 775.00 | 708.00 | 732.00 | 715.00 | 791.00 | 686.00 | 658.00 | 701.00 | 823.00 | 696.00 | 696.00 | 649.00 | 745.00 | -1,039.78 | 698.00 | 642.00 | 365.71 | 680.31 | 645.96 | 710.63 | 1,222.00 |
| Operating income | 1,553.00 | 1,731.59 | 1,606.00 | 1,638.00 | 1,610.00 | 1,628.00 | 1,515.00 | 1,558.00 | 1,546.00 | 1,818.00 | 1,517.00 | 1,600.00 | 1,662.00 | 1,912.00 | 1,932.00 | 1,769.00 | 1,227.00 | 1,566.00 | 1,341.00 | 1,382.00 | 1,327.00 | 1,411.00 | 1,366.00 | 785.00 | 1,215.00 | 1,218.00 | 1,613.00 | 1,682.00 | 1,080.00 | 1,452.00 | 1,492.00 | 1,519.00 | 1,030.00 | 1,301.00 | 1,379.00 | 1,415.00 | 1,224.00 | 1,395.00 | 1,407.00 | 1,293.00 | 1,217.00 | 1,354.00 | 1,487.00 | 1,362.00 | 1,063.00 | 1,260.00 | 1,286.00 | 1,258.00 | 820.00 | 967.00 | 1,084.00 | 1,042.00 | 780.00 | 922.00 | 985.00 | 985.00 | 793.00 | 839.00 | 938.00 | 874.00 | 645.00 | 774.00 | 834.00 | 813.00 | 603.00 | 653.00 | 689.00 | 583.00 | 481.00 | 820.00 | 844.00 | 707.00 | 523.00 | 736.56 | 768.00 | 811.00 | 560.67 | 759.65 | 842.32 | 802.94 | 624.13 |
| Non-operating income (net) | -28.07 | -63.95 | -99.00 | -77.00 | -83.00 | -120.00 | -106.00 | -74.00 | -95.00 | 54.00 | -66.00 | -52.00 | -45.00 | -31.00 | -17.00 | -14.00 | -15.00 | 6.00 | 760.00 | -9.00 | -33.00 | -56.00 | -59.00 | -68.00 | -50.00 | -57.00 | -28.00 | -30.00 | -49.00 | 44.00 | 3.00 | 181.00 | -39.00 | -113.00 | -34.00 | -42.00 | -41.00 | -32.00 | -118.00 | -117.00 | -118.00 | -103.00 | -100.00 | -89.00 | -100.00 | -81.00 | -96.00 | -89.00 | 2.00 | -93.00 | -84.00 | -60.00 | -47.00 | -91.00 | -66.00 | -77.00 | 207.00 | -64.00 | -15.00 | -75.00 | 214.00 | -75.00 | -66.00 | -77.00 | 70.00 | -19.00 | -76.00 | -99.00 | 49.00 | -91.00 | -88.00 | -78.00 | -92.00 | 73.46 | -76.00 | -84.00 | -83.06 | -53.33 | -91.48 | -80.07 | -75.83 |
| Income before tax | 1,524.93 | 1,667.64 | 1,507.00 | 1,561.00 | 1,527.00 | 1,508.00 | 1,409.00 | 1,484.00 | 1,451.00 | 1,872.00 | 1,451.00 | 1,548.00 | 1,617.00 | 1,881.00 | 1,915.00 | 1,755.00 | 1,212.00 | 1,572.00 | 2,101.00 | 1,373.00 | 1,294.00 | 1,355.00 | 1,307.00 | 717.00 | 1,165.00 | 1,161.00 | 1,585.00 | 1,652.00 | 1,031.00 | 1,496.00 | 1,495.00 | 1,700.00 | 991.00 | 1,188.00 | 1,345.00 | 1,373.00 | 1,183.00 | 1,363.00 | 1,289.00 | 1,176.00 | 1,099.00 | 1,251.00 | 1,387.00 | 1,273.00 | 963.00 | 1,179.00 | 1,190.00 | 1,169.00 | 822.00 | 874.00 | 1,000.00 | 982.00 | 733.00 | 831.00 | 919.00 | 908.00 | 1,000.00 | 775.00 | 923.00 | 799.00 | 859.00 | 699.00 | 768.00 | 736.00 | 673.00 | 634.00 | 613.00 | 484.00 | 530.00 | 729.00 | 756.00 | 629.00 | 431.00 | 810.02 | 692.00 | 727.00 | 477.61 | 706.33 | 750.83 | 722.87 | 548.30 |
| Income tax expense | 375.97 | 420.66 | 368.00 | 389.00 | 366.00 | 362.00 | 324.00 | 370.00 | 348.00 | -258.00 | 343.00 | 381.00 | 397.00 | 461.00 | 460.00 | 430.00 | 294.00 | 373.00 | 415.00 | 337.00 | 318.00 | 334.00 | 322.00 | 172.00 | 154.00 | 288.00 | 390.00 | 290.00 | 245.00 | 353.00 | 361.00 | 390.00 | 250.00 | -1,423.00 | 387.00 | 342.00 | 299.00 | 345.00 | 317.00 | 318.00 | 307.00 | 310.00 | 380.00 | 387.00 | 259.00 | 335.00 | 337.00 | 322.00 | 199.00 | 239.00 | 295.00 | 265.00 | 178.00 | 221.00 | 255.00 | 277.00 | 225.00 | 183.00 | 264.00 | 261.00 | 191.00 | 196.00 | 212.00 | 202.00 | 162.00 | 52.00 | 152.00 | 97.00 | 106.00 | 156.00 | 204.00 | 170.00 | 120.00 | -23.38 | 207.00 | 211.00 | 153.44 | 204.67 | 254.37 | -4.45 | 186.66 |
| Net income | 1,148.96 | 1,246.98 | 1,139.00 | 1,172.00 | 1,161.00 | 1,146.00 | 1,085.00 | 1,114.00 | 1,103.00 | 2,130.00 | 1,108.00 | 1,167.00 | 1,220.00 | 1,420.00 | 1,455.00 | 1,325.00 | 918.00 | 1,199.00 | 1,686.00 | 1,036.00 | 976.00 | 1,021.00 | 985.00 | 545.00 | 1,011.00 | 873.00 | 1,195.00 | 1,362.00 | 786.00 | 1,143.00 | 1,134.00 | 1,310.00 | 741.00 | 2,611.00 | 958.00 | 1,031.00 | 884.00 | 1,018.00 | 972.00 | 858.00 | 792.00 | 941.00 | 1,007.00 | 886.00 | 704.00 | 844.00 | 853.00 | 847.00 | 623.00 | 635.00 | 705.00 | 717.00 | 555.00 | 610.00 | 664.00 | 631.00 | 775.00 | 592.00 | 659.00 | 538.00 | 668.00 | 503.00 | 556.00 | 534.00 | 511.00 | 582.00 | 461.00 | 387.00 | 424.00 | 573.00 | 552.00 | 459.00 | 311.00 | 833.40 | 485.00 | 516.00 | 324.18 | 501.66 | 496.46 | 727.31 | 361.65 |