# CANADIAN PACIFIC KANSAS CITY LTD/CN (CP) FY2025 Annual P&L / Income Statement

- Company: CANADIAN PACIFIC KANSAS CITY LTD/CN (CP)
- Period: 2025-01-01 to 2025-12-31
- Filing: FY2025 10-K, filed 2026-02-26, accession number 0000016875-26-000008
- Page: https://plicit.ai/financials/cp/fy2025-annual-income-statement
- Chart image: https://plicit.ai/charts/cp-fy2025-annual-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2025-01-01 through 2025-12-31. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 15,078,000,000 US dollars
- **Cost of revenue (calculated)**: 474,000,000 US dollars
- **Gross profit (calculated)**: 14,604,000,000 US dollars
- **Operating expenses (calculated)**: 8,995,000,000 US dollars
- **Operating income**: 5,609,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 127,000,000 US dollars
- **Income (loss) before income tax expense (recovery)**: 5,482,000,000 US dollars
- **Income tax expense (recovery) (Note 7)**: 1,345,000,000 US dollars
- **Net income**: 4,137,000,000 US dollars
- **Freight**: 14,776,000,000 US dollars
- **Non-freight**: 302,000,000 US dollars
- **Materials**: 474,000,000 US dollars
- **Equipment rents**: 408,000,000 US dollars
- **Fuel**: 1,731,000,000 US dollars
- **Purchased services and other (Note 26)**: 2,256,000,000 US dollars
- **Depreciation and amortization (Note 13, 15)**: 2,019,000,000 US dollars
- **Compensation and benefits (Note 11, 23, 24)**: 2,581,000,000 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.
- Of which attributable to CANADIAN PACIFIC KANSAS CITY LTD/CN: $4.14 B; to noncontrolling interests: −$4.00 M.

## Chart details: Revenue by Geography

- Page: https://plicit.ai/financials/cp/fy2025-annual-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/cp-fy2025-annual-revenue-by-geography-sankey.png

Income statement for 2025-01-01 through 2025-12-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 15,078,000,000 US dollars
- **Cost of revenue (calculated)**: 474,000,000 US dollars
- **Gross profit (calculated)**: 14,604,000,000 US dollars
- **Operating expenses (calculated)**: 8,995,000,000 US dollars
- **Operating income**: 5,609,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 127,000,000 US dollars
- **Income (loss) before income tax expense (recovery)**: 5,482,000,000 US dollars
- **Income tax expense (recovery) (Note 7)**: 1,345,000,000 US dollars
- **Net income**: 4,137,000,000 US dollars
- **CANADA**: 7,243,000,000 US dollars
- **UNITED STATES**: 5,124,000,000 US dollars
- **MEXICO**: 2,711,000,000 US dollars
- **Materials**: 474,000,000 US dollars
- **Equipment rents**: 408,000,000 US dollars
- **Fuel**: 1,731,000,000 US dollars
- **Purchased services and other (Note 26)**: 2,256,000,000 US dollars
- **Depreciation and amortization (Note 13, 15)**: 2,019,000,000 US dollars
- **Compensation and benefits (Note 11, 23, 24)**: 2,581,000,000 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.
- Of which attributable to CANADIAN PACIFIC KANSAS CITY LTD/CN: $4.14 B; to noncontrolling interests: −$4.00 M.