NYSE$CP

Canadian Pacific Railway LTD · Q1 2026 earnings

Q1 2026 earnings · · After market close · Investor relations

Briefing

Canadian Pacific Railway LTD Q1 fiscal 2026: $3.70B revenue, $910.0M net income

for the year ended December 31, 2025 ("last annual consolidated financial statements").

  • Revenue: $3.70B
  • Net income: $910.0M
  • Diluted EPS: $0.94
  • Operating income: $1.26B

Headline financials

Total Revenue

C$3.7B

Previous: C$2.64B+40.1%
EPS (adj)

C$0.94

Previous: C$0.74+27.0%
Capital Expenditures

-C$664M

Previous: -C$711M+6.6%
Free Cash Flow

C$312M

No prior period
Net Income

C$846M

Previous: C$633M+33.7%
Operating Income

C$1.26B

Previous: C$917M+37.2%
Gross Profit

C$3.12B

Previous: C$1B+211.3%
Cash & Equivalents

C$409M

No prior period
Total Assets

C$87.7B

No prior period

Revenue & EPS history

Canadian Pacific · Revenue · Quarterly

C$3.7B

Q1 2026+40.1%vs Q1 2025
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+1.4%

Avg return

Earnings day

+0.6%

Avg return

5 days after

+2.6%

Avg return

30 days after

76%

51 / 67 earnings

Positive

+12.1%

Q4 2015

Best reaction

-7.5%

Q3 2011

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+3.2%-0.9%
Q4 2025+5.6%+6.7%+22.0%
Q3 2025-0.8%-3.5%-0.8%
Q2 2025-2.9%-0.8%+0.6%
Q1 2025+0.4%+1.3%+12.7%
Q4 2024+1.2%-2.2%-1.2%
Q3 2024-1.4%-2.2%-3.7%
Q2 2024+1.9%-4.2%+0.0%
Q1 2024-6.4%-7.8%-9.0%
Q4 2023+1.6%+5.1%+7.3%
Q3 2023+0.5%+2.3%+3.9%
Q2 2023-1.1%-3.3%-6.5%
Q1 2023-1.6%+0.1%-2.8%
Q4 2022+0.8%+2.3%+1.2%
Q3 2022+2.3%+3.7%+13.4%
Q2 2022+2.5%+0.8%+3.2%
Q1 2022+4.1%-1.0%-1.9%
Q4 2021-2.0%-3.1%-4.0%
Q3 2021+2.1%+2.2%+1.9%
Q2 2021+1.9%+2.0%-0.4%
Q1 2021+3.5%+4.5%+14.0%
Q4 2020+1.5%-1.3%+4.1%
Q3 2020-2.2%-2.4%+4.9%
Q2 2020+1.4%+2.2%+10.2%
Q1 2020+2.9%+4.1%+10.0%
Q4 2019+3.2%+1.6%-4.8%
Q3 2019+3.4%+3.1%+7.3%
Q2 2019+3.2%+0.4%-1.6%
Q1 2019+2.5%+1.4%+1.3%
Q4 2018+3.1%+3.5%+6.1%
Q3 2018-3.5%-3.7%+1.8%
Q2 2018+3.3%+4.2%+8.5%
Q1 2018-1.9%-1.5%+1.4%
Q4 2017+3.0%+1.7%+2.3%
Q3 2017+5.1%+5.4%+0.4%
Q2 2017-0.6%-2.2%-6.9%
Q1 2017+1.6%+1.8%+2.8%
Q4 2016+3.0%+4.4%+2.6%
Q3 2016-4.8%-5.1%-5.1%
Q2 2016+4.1%+2.7%+6.5%
Q1 2016+0.2%
Q4 2015+12.1%
Q3 2015+1.6%
Q2 2015-0.9%
Q1 2015+0.6%
Q4 2014-4.4%
Q3 2014+0.1%
Q2 2014+6.0%
Q1 2014+4.0%
Q4 2013+8.0%
Q3 2013+8.2%
Q2 2013+1.1%
Q1 2013+0.2%
Q4 2012+2.3%
Q3 2012+1.6%
Q2 2012+1.4%
Q1 2012+1.8%
Q4 2011+2.8%
Q3 2011-7.5%
Q2 2011+3.6%
Q4 2008+0.7%
Q4 2010+0.7%
Q4 2009+0.7%
Q1 2011+0.5%
Q3 2010-0.4%
Q2 2010+0.8%
Q1 2010+2.3%

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