Financial Statements — IMO
Balance Sheet
(in billions CAD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 2.84 | 1.03 | 1.86 | 2.39 | 1.76 | 1.49 | 2.02 | 1.18 | 2.72 | 2.38 | 2.24 | 3.58 | 2.87 | 3.15 | 1.88 | 0.78 | 1.47 |
| Accounts Receivable | 8.17 | 7.65 | 5.16 | 5.60 | 5.77 | 5.52 | 6.07 | 5.20 | 5.39 | 4.59 | 4.28 | 5.18 | 6.84 | 5.41 | 3.87 | 3.16 | 2.39 |
| Inventory | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.44 | -- | -- |
| Total Current Assets | 13.94 | 11.52 | 9.96 | 10.66 | 10.41 | 9.41 | 11.00 | 9.53 | 10.76 | 9.29 | 9.27 | 11.01 | 11.89 | 10.72 | 7.88 | 5.87 | 5.85 |
| Property, Plant & Equipment | 30.85 | 30.82 | 30.23 | 30.67 | 30.67 | 30.83 | 30.84 | 30.84 | 30.38 | 30.48 | 30.44 | 30.01 | 30.97 | 31.11 | 31.38 | 31.59 | 31.70 |
| Goodwill | 0.17 | 0.17 | 0.17 | 0.17 | 0.17 | 0.17 | 0.17 | 0.17 | 0.17 | 0.17 | 0.17 | 0.17 | 0.17 | 0.17 | 0.17 | 0.17 | 0.17 |
| Total Non-current Assets* | 33.92 | 33.93 | 33.01 | 33.52 | 33.48 | 33.12 | 33.14 | 32.98 | 32.83 | 32.84 | 32.84 | 31.98 | 33.00 | 33.09 | 32.99 | 33.07 | 33.16 |
| Total Assets | 47.86 | 45.45 | 42.96 | 44.18 | 43.89 | 42.53 | 44.14 | 42.51 | 43.59 | 42.13 | 42.12 | 42.99 | 44.89 | 43.81 | 40.88 | 38.94 | 39.01 |
| Accounts Payable | 9.61 | 9.20 | 6.73 | 6.71 | 7.02 | 6.35 | 7.67 | 6.97 | 7.23 | 5.92 | 5.93 | 6.50 | 7.95 | 7.36 | 5.56 | 4.41 | 3.72 |
| Short-term Debt | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.20 | 0.19 |
| Total Current Liabilities | 10.13 | 9.35 | 6.76 | 6.73 | 7.04 | 6.52 | 7.87 | 7.11 | 7.77 | 6.23 | 6.56 | 8.93 | 10.09 | 8.65 | 5.95 | 4.65 | 3.93 |
| Long-term Debt | 3.97 | 3.97 | 3.98 | 3.98 | 3.99 | 4.00 | 4.00 | 4.01 | 4.02 | 4.02 | 4.03 | 3.45 | 4.45 | 4.45 | 5.06 | 5.07 | 4.95 |
| Total Non-current Liabilities* | 13.19 | 13.36 | 12.52 | 12.45 | 12.44 | 12.37 | 12.33 | 12.30 | 12.01 | 12.07 | 12.12 | 11.74 | 12.83 | 12.88 | 13.72 | 13.52 | 13.34 |
| Total Liabilities | 23.32 | 22.71 | 19.28 | 19.18 | 19.48 | 18.89 | 20.20 | 19.40 | 19.78 | 18.30 | 18.68 | 20.68 | 22.91 | 21.53 | 19.67 | 18.17 | 17.27 |
| Retained Earnings | 23.66 | 21.89 | 22.95 | 24.25 | 23.67 | 23.31 | 23.59 | 22.78 | 23.22 | 23.22 | 22.84 | 22.27 | 21.91 | 22.17 | 21.76 | 21.34 | 22.28 |
| Total Stockholder Equity* | 24.54 | 22.75 | 23.68 | 25.00 | 24.41 | 23.64 | 23.94 | 23.11 | 23.81 | 23.83 | 23.44 | 22.31 | 21.98 | 22.28 | 21.21 | 20.77 | 21.74 |
* Derived from reported values
Income Statement
(in billions CAD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Total Revenue | 13.55 | 9.83 | 9.29 | 9.70 | 9.56 | 10.14 | 9.99 | 10.40 | 10.78 | 9.73 | 10.75 | 12.27 | 10.92 | 10.52 | 12.31 | 15.22 | -- | -- | -- | -- |
| Selling, General & Admin | 0.14 | 0.40 | 0.25 | 0.62 | 0.25 | 0.26 | 0.26 | 0.22 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Interest Expense | 0.01 | 0.01 | 0.00 | 0.01 | 0.00 | -0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.02 | 0.01 | 0.01 | 0.02 | 0.01 |
| Pretax Income | 2.86 | 1.23 | 0.63 | 0.70 | 1.24 | 1.69 | 1.58 | 1.60 | 1.49 | 1.57 | 1.74 | 2.10 | 0.88 | 1.65 | 2.28 | 2.51 | 3.17 | 1.53 | 1.11 | 1.19 |
| Tax Provision | 0.67 | 0.29 | 0.14 | 0.16 | 0.30 | 0.40 | 0.35 | 0.37 | 0.36 | 0.38 | 0.38 | 0.50 | 0.21 | 0.40 | 0.55 | 0.47 | 0.76 | 0.36 | 0.30 | 0.28 |
| Net Income | 2.19 | 0.94 | 0.49 | 0.54 | 0.95 | 1.29 | 1.23 | 1.24 | 1.13 | 1.20 | 1.37 | 1.60 | 0.68 | 1.25 | 1.73 | 2.03 | 2.41 | 1.17 | 0.81 | 0.91 |
| Basic EPS | 4.53 | 1.94 | 1.04 | 1.07 | 1.86 | 2.53 | 2.38 | 2.33 | 2.11 | 2.23 | 2.44 | 2.77 | 1.16 | 2.14 | 2.84 | 3.25 | 3.63 | 1.75 | 1.14 | 1.30 |
| Diluted EPS | 4.52 | 1.94 | 1.03 | 1.07 | 1.86 | 2.52 | 2.36 | 2.33 | 2.11 | 2.23 | 2.45 | 2.76 | 1.15 | 2.13 | 2.82 | 3.24 | 3.63 | 1.75 | 1.16 | 1.29 |
Cash Flow Statement
(in billions CAD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Operating Cash Flow | 2.70 | 0.76 | 1.92 | 1.80 | 1.47 | 1.53 | 1.79 | 1.49 | 1.63 | 1.08 | 1.31 | 2.36 | 0.89 | (0.82) | 2.80 | 3.09 | 2.68 | 1.91 | 1.63 | 1.95 |
| Capital Expenditures | 0.53 | 0.48 | 0.63 | 0.50 | 0.47 | 0.40 | 0.42 | 0.49 | 0.46 | 0.50 | 0.47 | 0.39 | 0.50 | 0.43 | 0.49 | 0.40 | 0.33 | 0.30 | 0.42 | 0.28 |
| Free Cash Flow* | 2.17 | 0.28 | 1.29 | 1.29 | 0.99 | 1.13 | 1.37 | 1.00 | 1.17 | 0.58 | 0.84 | 1.97 | 0.39 | (1.25) | 2.31 | 2.69 | 2.35 | 1.61 | 1.21 | 1.67 |
| Investing Cash Flow | (0.47) | (0.45) | (0.56) | (0.48) | (0.47) | (0.38) | (0.40) | (0.48) | (0.46) | (0.48) | (0.41) | (0.38) | (0.49) | (0.41) | (0.47) | 0.36 | (0.23) | (0.28) | (0.40) | (0.26) |
| Financing Cash Flow | (0.42) | (0.42) | (2.08) | (1.84) | (0.37) | (0.36) | (1.90) | (1.53) | (0.33) | (0.28) | (2.75) | (1.64) | (0.26) | (0.27) | (2.15) | (2.74) | (2.73) | (0.64) | (0.95) | (0.59) |
* Derived from reported values
Dividends Per Share
(USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Dividends Per Share | 0.87 | 0.87 | 0.72 | 0.72 | 0.72 | 0.72 | 0.60 | 0.60 | 0.60 | 0.60 | 0.50 | 0.50 | 0.50 | 0.44 | 0.44 | 0.34 | 0.34 | 0.34 | 0.27 | 0.27 |
