CGI Inc. (GIB) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q4 26	$2.26	$2.27	+0.4%	—	—	—
Q3 26	$2.11	$2.12	+0.5%	—	—	—
Q2 26	$2.09	$2.13	+1.9%	—	—	—
Q1 26	$2.08	$2.1	+1.0%	—	—	—
Q4 25	$2.13	$2.12	-0.5%	—	—	—
Q3 25	$1.97	$1.97	0.0%	—	—	—
Q2 25	$1.91	$1.92	+0.5%	—	—	—
Q1 25	$1.92	$1.91	-0.5%	—	—	—
Q4 24	$1.95	$1.97	+1.0%	—	—	—
Q3 24	$1.82	$1.83	+0.5%	—	—	—
Q2 24	$1.77	$1.79	+1.1%	—	—	—
Q1 24	$1.79	$1.8	+0.6%	—	—	—
Q4 23	$1.72	$1.82	+5.8%	—	—	—
Q3 23	$1.6	$1.66	+3.7%	—	—	—
Q2 23	$1.55	$1.56	+0.6%	—	—	—
Q1 23	$1.53	$1.54	+0.7%	—	—	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$7.45	—	—	$15.9B	—
FY24	—	$7.42	—	—	$10.5B	—
FY23	—	$6.97	—	—	$14.3B	—
FY22	—	$6.13	—	—	$12.9B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$10.7B	$10.8B	$11.5B	$12.1B	$12.2B	$12.1B	$12.9B	$14.3B	$10.5B	$15.9B
YoY change	+3.85%	+1.51%	+6.1%	+5.25%	+0.44%	-0.31%	+6.11%	+11.1%	-26.9%	+52.2%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	10.7B	10.8B	11.5B	12.1B	12.2B	12.1B	12.9B	14.3B	10.5B	15.9B
Cost of revenue	8.7B	8.9B	9.4B	9.8B	9.7B	9.6B	10.8B	12B	8.7B	13.3B
Gross profit	2B	2B	2.2B	2.3B	2.5B	2.5B	2.1B	2.3B	1.7B	2.6B
Gross margin	18.6%	18.4%	18.7%	18.8%	20.4%	20.6%	16.2%	16.2%	16.5%	16.4%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	399.7M	320.8M	307.5M	363.8M	259.3M	216.5M	214.4M	—	—	—
Operating expenses	433.5M	361.3M	372.3M	488.5M	381.5M	324M	308.7M	—	—	—
Operating income	1.6B	1.6B	1.7B	1.8B	1.9B	2B	2.1B	2.3B	1.7B	2.6B
Operating margin	15.1%	14.6%	14.8%	15.1%	15.5%	16.1%	16.2%	16.2%	16.5%	16.4%
Non-operating income, net	-85.2M	-99.7M	-141.2M	-79.7M	-249.3M	-13.5M	-31.7M	-63.6M	-69.5M	-285.7M
Pretax income	1.5B	1.4B	1.5B	1.7B	1.5B	1.8B	2B	2.2B	1.6B	2.2B
Income tax	384.1M	382.7M	348.6M	413.7M	398.4M	468.9M	500.8M	566.7M	426.2M	583.9M
Net income	1.1B	1B	1.1B	1.3B	1.1B	1.4B	1.5B	1.6B	1.2B	1.7B
Net margin	10%	9.55%	9.92%	10.4%	9.19%	11.3%	11.4%	11.4%	11.5%	10.4%
EBITDA	2B	2B	2.1B	2.2B	2.4B	2.5B	2.6B	2.8B	2.1B	3.2B
EPS	3.51	3.48	4.02	4.63	4.27	5.5	6.13	6.97	7.42	7.45
Diluted EPS	3.42	3.41	3.95	4.55	4.2	5.41	6.04	6.86	7.31	7.35

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Revenue	3.5B	3.6B	3.7B	3.7B	2.6B	2.8B	4B	4.1B	4B	4.1B	4.2B	4.2B
Cost of revenue	2.9B	3B	3.1B	3.1B	2.2B	2.3B	3.4B	3.4B	3.3B	3.4B	3.5B	3.5B
Gross profit	574.9M	583.9M	630.6M	601.3M	427.9M	452.1M	666.2M	666.3M	668M	655.7M	691.6M	681.7M
Gross margin	16.4%	16.2%	16.9%	16.4%	16.4%	16.1%	16.6%	16.3%	16.6%	16.1%	16.6%	16.3%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	—	—	—	—	—	—	—	—	—	—	—	—
Operating expenses	—	—	—	—	—	—	—	—	—	—	—	—
Operating income	574.9M	583.9M	630.6M	601.3M	427.9M	452.1M	666.2M	666.3M	668M	655.7M	691.6M	681.7M
Operating margin	16.4%	16.2%	16.9%	16.4%	16.4%	16.1%	16.6%	16.3%	16.6%	16.1%	16.6%	16.3%
Non-operating income, net	-10.8M	-49.5M	-45.7M	1.4M	-2.7M	-9.4M	-67M	-83.9M	-122.1M	-26.8M	-40.9M	-17.2M
Pretax income	557.9M	527.1M	577.4M	594M	422M	437.7M	582.6M	551.6M	516.2M	599.8M	617.7M	633.9M
Income tax	143.5M	137.3M	150.6M	153.8M	111.5M	113.3M	152.9M	143M	134.9M	157.8M	172.9M	168.7M
Net income	414.5M	389.8M	426.9M	440.1M	310.5M	324.4M	429.7M	408.6M	381.4M	442M	444.7M	465.2M
Net margin	11.8%	10.8%	11.4%	12%	11.9%	11.6%	10.7%	9.99%	9.5%	10.8%	10.7%	11.1%
EBITDA	726.9M	731.9M	792.9M	744.7M	457.3M	569.3M	823.3M	842M	716.2M	808M	858.7M	838.3M
EPS	—	1.69	1.86	1.94	—	1.95	1.92	1.84	—	2.05	2.1	2.24
Diluted EPS	—	1.67	1.83	1.91	—	1.92	1.89	1.82	—	2.03	2.09	2.23

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	21.1B	22.4B	26.6B	31.4B	25.8B	30.7B	26.2B	33.5B	—	—	14B
Enterprise value	22.4B	23.9B	28.2B	33.4B	28.5B	33.1B	29.1B	35.7B	—	—	12.5B
Shares outstanding	442.9M	432.3M	412.5M	396.3M	380.7M	362M	347.6M	340.1M	162.5M	222.7M	222.7M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	19.7	21.7	23.3	24.8	23.1	22.4	17.8	20.5	—	—	11.9
P/S	1.97	2.07	2.31	2.59	2.12	2.53	2.03	2.34	—	—	0.85
P/B	3.26	3.62	3.98	4.56	3.55	4.39	3.6	4.03	—	—	1.91
EV/EBITDA	11.4	12.2	13.5	15.1	11.7	13.4	11.4	12.7	—	—	6.06
EV/Sales	2.1	2.21	2.45	2.76	2.35	2.73	2.26	2.49	—	—	1.08
Earnings yield	5.07%	4.62%	4.29%	4.03%	4.33%	4.46%	5.61%	4.87%	—	—	8.4%
FCF yield	5.06%	5.08%	4.72%	4.36%	6.57%	6.13%	6.01%	5.39%	—	—	11%
PEG	—	—	—	—	—	—	—	—	—	—	0.55

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	18.6%	18.4%	18.7%	18.8%	20.4%	20.6%	16.2%	16.2%	16.5%	16.4%	16.3%
Operating margin	15.1%	14.6%	14.8%	15.1%	15.5%	16.1%	16.2%	16.2%	16.5%	16.4%	16.2%
Net margin	10%	9.55%	9.92%	10.4%	9.19%	11.3%	11.4%	11.4%	11.5%	10.4%	10.5%
ROE	16.5%	16.7%	17.1%	18.3%	15.4%	19.6%	20.2%	19.6%	18%	16.1%	17%
ROA	9.14%	9.08%	9.58%	10%	7.19%	9.11%	9.66%	10.3%	10.1%	8.49%	8.69%
ROIC	15.3%	15%	15.8%	15.4%	13.9%	15.4%	15.2%	16.4%	15.8%	14.1%	14.3%
Return on tangible assets	-33.5%	-27.9%	-30.7%	-32%	-49.6%	-60.3%	-48.6%	-56.3%	-45.8%	-28.9%	-29.3%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.15	1.06	1	1.13	1.35	1.25	1.19	1.06	1.36	0.99	0.94
Quick ratio	0.82	0.72	0.69	0.75	1.06	0.98	0.87	0.82	1.02	0.72	0.66
Debt / equity	0.3	0.3	0.27	0.34	0.61	0.6	0.55	0.45	0.35	0.42	0.44
Debt / assets	0.16	0.16	0.15	0.18	0.29	0.28	0.26	0.24	0.2	0.22	0.22
Net debt / EBITDA	0.67	0.76	0.77	0.94	1.12	1	1.16	0.77	0.63	1.1	1.15
Interest coverage	20	22	22.7	26	14.7	18.8	23.7	26	28	19.8	19.8
Effective tax rate	26.4%	27%	23.4%	24.7%	26.3%	25.5%	25.5%	25.8%	26.1%	26%	26.8%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	24.1	25.1	27.9	30.6	32	33.5	37	42	64.3	71.5	76.9
EPS (basic)	3.51	3.48	4.02	4.63	4.27	5.5	6.13	6.97	7.42	7.45	7.45
EPS (diluted)	3.42	3.41	3.95	4.55	4.2	5.41	6.04	6.86	7.31	7.35	5.69
Book value per share	14.6	14.3	16.2	17.4	19.1	19.3	20.9	24.4	41.3	46.2	35.5
FCF per share	2.41	2.64	3.04	3.45	4.45	5.19	4.52	5.31	8.51	8.82	11.1
Cash per share	1.35	0.84	0.48	0.64	4.54	4.75	2.88	4.63	6.42	3.9	3.1
Capex per share	0.35	0.25	0.35	0.41	0.34	0.34	0.44	0.47	0.46	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	1.45%	1.01%	1.24%	1.34%	1.06%	1%	1.18%	1.12%	0.71%	—	—
Capex / operating cash flow	11.6%	7.6%	10.4%	9.49%	6.33%	5.84%	8.62%	7.17%	4.81%	—	—
Payout ratio	—	—	—	—	—	—	—	—	—	8.14%	8.2%
Dividend yield	—	—	—	—	—	—	—	—	—	—	0.72%

Yield

0.72%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.122

ex-dividend Aug 14, 2026

Payout ratio

of earnings

Dividend growth

1 year

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Aug 14, 2026	$0.122
May 15, 2026	$0.124
Feb 18, 2026	$0.125
Aug 15, 2025	$0.109
May 16, 2025	$0.107
Feb 14, 2025	$0.106
Nov 20, 2024	$0.107

Split history

Date	Ratio
Jan 18, 2000	2:1

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Revenue	$3.5B	$3.6B	$3.7B	$3.7B	$2.6B	$2.8B	$4B	$4.1B	$4B	$4.1B	$4.2B	$4.2B
YoY change	+8.01%	+4.43%	+0.69%	+1.34%	-25.7%	-22.3%	+7.55%	+11.4%	+53.9%	+45.6%	+3.3%	+2.51%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	596.5M	361.4M	196.5M	253.8M	1.7B	1.7B	1B	1.6B	1B	867.9M
Receivables	816.9M	931.5M	1.1B	979.7M	904.9M	938.4M	1.1B	1.2B	796.2M	1.3B
Inventory	935.5M	922.6M	942.8M	1.1B	1.1B	1B	1.2B	1.1B	860.6M	1.4B
Total current assets	3.2B	2.9B	3.1B	3.3B	4.9B	4.8B	4.3B	4.9B	3.4B	5.1B
Property, plant & equipment	439.3M	396.6M	388.1M	397.7M	1B	938.3M	904.7M	871.6M	593.4M	919.9M
Goodwill & intangibles	14.9B	15.1B	15.6B	16.6B	17.8B	17.3B	18.2B	18.7B	14.5B	25.3B
Total assets	11.7B	11.4B	11.9B	12.6B	15.6B	15B	15.2B	15.8B	11.9B	19.5B
Accounts payable	1.1B	1B	1.1B	1.1B	814.1M	891.4M	1B	924.7M	712.2M	1B
Short-term debt	192M	122.5M	348.6M	113.5M	489.5M	560.5M	251.4M	1.4B	107.7M	1B
Total current liabilities	2.8B	2.7B	3.1B	2.9B	3.7B	3.8B	3.6B	4.6B	2.5B	5.1B
Long-term debt	1.7B	1.7B	1.5B	2.2B	4B	3.6B	3.7B	2.4B	2.2B	3.3B
Total liabilities	5.2B	5.2B	5.2B	5.7B	8.3B	8B	7.9B	7.5B	5.2B	9.2B
Shareholders' equity	6.5B	6.2B	6.7B	6.9B	7.3B	7B	7.3B	8.3B	6.7B	10.3B
Total debt	1.9B	1.9B	1.8B	2.3B	4.5B	4.2B	4B	3.7B	2.4B	4.3B
Net debt	1.3B	1.7B	1.6B	2.1B	2.8B	2.5B	3B	2.2B	1.3B	3.5B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Cash & short-term investments	1.6B	1.1B	1.3B	1.2B	1B	1.3B	1.1B	1.1B	867.9M	841.1M	716M	633.4M
Receivables	1.2B	1.5B	1.4B	1.5B	796.2M	1.1B	1.5B	1.6B	1.3B	1.6B	1.6B	1.6B
Inventory	1.1B	1B	1.2B	1.2B	860.6M	850.8M	1.3B	1.4B	1.4B	1.2B	1.4B	1.5B
Total current assets	4.9B	4.5B	4.7B	4.6B	3.4B	4.1B	4.7B	5.3B	5.1B	4.6B	5B	5B
Property, plant & equipment	871.6M	841.4M	828.7M	827.9M	593.4M	617.5M	890.4M	881.2M	919.9M	920.2M	889.6M	878.2M
Goodwill & intangibles	18.7B	18.9B	19B	19.1B	14.5B	15.7B	24.6B	24.4B	25.3B	25.1B	25.1B	25.5B
Total assets	15.8B	15.5B	15.7B	15.8B	11.9B	13.3B	18.7B	19.2B	19.5B	18.9B	19.3B	19.6B
Accounts payable	924.7M	910.4M	900.8M	881.7M	712.2M	933.7M	1B	1B	1B	1B	1B	1.1B
Short-term debt	1.4B	687.7M	667.9M	657.5M	107.7M	111.3M	164.9M	167.5M	1B	998.8M	1B	1B
Total current liabilities	4.6B	4.1B	4B	4B	2.5B	3.1B	3.7B	4.1B	5.1B	4.9B	5.2B	5.4B
Long-term debt	2.4B	2.3B	2.4B	2.4B	2.2B	2.4B	4.2B	4.1B	3.3B	3.3B	3.3B	3.3B
Total liabilities	7.5B	6.9B	6.9B	6.9B	5.2B	6B	8.6B	9B	9.2B	9B	9.3B	9.4B
Shareholders' equity	8.3B	8.6B	8.8B	8.9B	6.7B	7.3B	10.2B	10.2B	10.3B	9.9B	10B	10.1B
Total debt	3.7B	3B	3B	3B	2.4B	2.5B	4.4B	4.2B	4.3B	4.3B	4.3B	4.3B
Net debt	2.2B	1.9B	1.8B	1.9B	1.3B	1.2B	3.3B	3.1B	3.5B	3.5B	3.6B	3.7B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	1.1B	1B	1.1B	1.3B	1.1B	1.4B	1.5B	1.6B	1.2B	1.7B
Depreciation & amortization	400.1M	377.2M	392.7M	392.3M	565.7M	510.6M	474.6M	450.4M	318.6M	504.1M
Stock-based compensation	38.3M	34.4M	38.5M	39.4M	37.4M	45.6M	49M	58.2M	48.3M	68.6M
Change in working capital	-266.1M	-69.6M	-157.1M	20.8M	302.1M	187.7M	-208.2M	143.1M	27.3M	-437K
Operating cash flow	1.3B	1.4B	1.4B	1.7B	2B	2.1B	1.8B	2.2B	1.5B	2.2B
Capital expenditure	-155.3M	-109.3M	-143.3M	-162.1M	-128.5M	-121.8M	-152.3M	-159.8M	-74.1M	—
Investing cash flow	-281.8M	-486M	-482M	-844.8M	-458.3M	-274.6M	-774.3M	-414.7M	-442.7M	-1.9B
Dividends paid	—	—	—	—	—	—	—	—	—	-135.1M
Share repurchases	-549.1M	-1.2B	-818.9M	-1.2B	-1.1B	-1.5B	-983.7M	-862.5M	-713.5M	-1.3B
Financing cash flow	-666.3M	-1.2B	-879M	-629.1M	94.2M	-1.8B	-1.6B	-1.2B	-1.1B	-246.7M
Net change in cash	389.4M	-230.9M	13.2M	233.5M	1.7B	27.7M	-597.5M	620.4M	-48.7M	55.6M
Free cash flow	1.1B	1.1B	1.3B	1.4B	1.7B	1.9B	1.6B	1.8B	1.4B	2B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Net income	414.5M	389.8M	426.9M	440.1M	310.5M	324.4M	429.7M	408.6M	381.4M	442M	444.7M	465.2M
Depreciation & amortization	138.1M	133.2M	149.1M	131.5M	23.8M	104.7M	147.4M	172.8M	42.4M	148.8M	165.4M	153.4M
Stock-based compensation	12.5M	18.8M	12.9M	18.9M	12.3M	18M	15.8M	14M	14.6M	18.1M	12M	17.6M
Change in working capital	81M	46.4M	19M	-119.9M	40.2M	62.6M	-17.9M	-206.8M	34.7M	327.2M	—	-79.7M
Operating cash flow	629.1M	574.1M	560.1M	443.5M	346.1M	511.9M	553.8M	397.1M	663M	871.9M	451.1M	604.5M
Capital expenditure	-34.5M	-28.5M	-30M	-27.9M	-12.6M	-18.3M	-26.8M	-36.1M	—	—	—	—
Investing cash flow	-45M	-113.9M	-42.9M	67.4M	-379.1M	-58.8M	-1.6B	-70.1M	-260.5M	-135.4M	-46.8M	-87.7M
Dividends paid	—	0	—	—	—	-25.2M	-34.1M	-33.6M	-33.3M	-37M	-36.2M	-35.7M
Share repurchases	-324.7M	-193M	-260M	-499.3M	-35.2M	-123M	-344.6M	-286.2M	-490.8M	-595.8M	-396.9M	-468.8M
Financing cash flow	-603.6M	-745.9M	-374M	-519.4M	22.5M	134.8M	115.4M	71.5M	-615.7M	-881.3M	-197.3M	-512.1M
Net change in cash	-19.6M	-285.7M	143.2M	-8.5M	-10.4M	587.9M	-940.3M	398.4M	-213.2M	-144.8M	206.9M	4.8M
Free cash flow	546.3M	513.7M	426.7M	428.3M	407.9M	433.1M	366.2M	410.9M	601.7M	808.3M	382.4M	532.2M

CGI Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Split history

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement