CANADIAN PACIFIC KANSAS CITY LTD/CN (CP) FY2026 Q2 P&L / Income Statement

Revenue by Product and Service

2026-04-01 to 2026-06-30

Swipe to see the full flow
CANADIAN PACIFIC KANSAS CITY LTD/CN (CP) FY2026 Q2 P&L / Income StatementIncome statement for 2026-04-01 through 2026-06-30. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETFreightNon-freightTotal revenuesGross profit (calculated)Cost of revenue (calculated)MaterialsOperating incomeOperating expenses (calculated)Compensation and benefitsFuelDepreciation and amortizationEquipment rentsPurchased services and otherIncome before income taxesOther income (expense), net (calculated)Net incomeIncome tax expense (Note 5)Gross profit (calculated)Gross profit(calculated)$4.03 BTotal revenuesTotal revenues$4.16 BOperating incomeOperating income$1.47 BIncome before income taxesPretax income$1.36 BNet incomeNet income$1.02 BFreightFreight$4.09 BOperating expenses (calculated)Operating expenses(calculated)$2.56 BIncome tax expense (Note 5)Income taxexpense (Note 5)$335.00 MOther income (expense), net (calculated)Other income,net (calculated)−$113.00 MCompensation and benefitsCompensation and benefits$723.00 MFuelFuel$618.00 MCost of revenue (calculated)Cost of revenue(calculated)$130.00 MNon-freightNon-freight$76.00 MDepreciation and amortizationDepreciation and amortization$519.00 MEquipment rentsEquipment rents$97.00 MMaterialsMaterials$130.00 MPurchased services and otherPurchased services and other$605.00 M
Chart details

CANADIAN PACIFIC KANSAS CITY LTD/CN (CP) FY2026 Q2 P&L / Income Statement

Income statement for 2026-04-01 through 2026-06-30. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total revenues
4,164,000,000 US dollars
Cost of revenue (calculated)
130,000,000 US dollars
Gross profit (calculated)
4,034,000,000 US dollars
Operating expenses (calculated)
2,562,000,000 US dollars
Operating income
1,472,000,000 US dollars
Other income (expense), net (calculated)
negative 113,000,000 US dollars
Income before income taxes
1,359,000,000 US dollars
Income tax expense (Note 5)
335,000,000 US dollars
Net income
1,024,000,000 US dollars
Freight
4,088,000,000 US dollars
Non-freight
76,000,000 US dollars
Materials
130,000,000 US dollars
Compensation and benefits
723,000,000 US dollars
Fuel
618,000,000 US dollars
Equipment rents
97,000,000 US dollars
Depreciation and amortization
519,000,000 US dollars
Purchased services and other
605,000,000 US dollars

Chart connections

  • Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
CANADIAN PACIFIC KANSAS CITY  LTD/CN (CP) FY2026 Q2 P&L / Income Statement Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

96.9%

Gross profit / revenue

Operating margin

35.4%

Operating profit / revenue

Cash conversion

168.6%

Operating cash / net income, same period

Newsletter

Get the teardowns by email

Subscribe if you want the public-company teardowns in your inbox when they're released.

Product waitlist

Health Check and Teardown for your own company

A health check uncovers insights of your private books, not a public ticker. Join this list to get notified as soon as we go-live!