# CANADIAN PACIFIC KANSAS CITY  LTD/CN (CP) FY2026 Q1 P&L / Income Statement

- Company: CANADIAN PACIFIC KANSAS CITY  LTD/CN (CP)
- Period: 2026-01-01 to 2026-03-31
- Filing: Q1 FY2026 10-Q, filed 2026-04-30, accession number 0000016875-26-000015
- Page: https://plicit.ai/financials/cp/fy2026-q1-income-statement
- Chart image: https://plicit.ai/charts/cp-fy2026-q1-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2026-01-01 through 2026-03-31. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 3,701,000,000 US dollars
- **Cost of revenue (calculated)**: 127,000,000 US dollars
- **Gross profit (calculated)**: 3,574,000,000 US dollars
- **Operating expenses (calculated)**: 2,316,000,000 US dollars
- **Operating income**: 1,258,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 138,000,000 US dollars
- **Income before income taxes**: 1,120,000,000 US dollars
- **Income tax expense (Note 4)**: 275,000,000 US dollars
- **Net income**: 845,000,000 US dollars
- **Freight**: 3,628,000,000 US dollars
- **Non-freight**: 73,000,000 US dollars
- **Materials**: 127,000,000 US dollars
- **Compensation and benefits**: 691,000,000 US dollars
- **Fuel**: 458,000,000 US dollars
- **Equipment rents**: 95,000,000 US dollars
- **Depreciation and amortization**: 512,000,000 US dollars
- **Purchased services and other**: 560,000,000 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: $846.00 M; to noncontrolling interests: −$1.00 M.