Power Corp. reports $690M Q2 profit, down from $772M last year
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MONTREAL – Power Corp. of Canada says its net earnings for the second quarter were $690 million.
That’s down from $772 million during the second quarter of 2025.
The Montreal-based management and holding company says its earnings per share came in at $1.10 during the period, compared with $1.20 during last year’s second quarter.
Adjusted net earnings were $974 million, compared with $883 million during the prior-year quarter.
Power Corp., which holds a 68.6 per cent interest in Great-West Lifeco, says that company’s net earnings reached $1 billion during the second quarter, compared with $894 million a year earlier.
Power Corp. holds a 63.9 per cent stake in IGM Financial Inc. and says that company’s net earnings for the quarter were $261.5 million, rising from $246.7 million during the same period last year.
This report by The Canadian Press was first published June 30, 2026.
Companies in this story: (TSX:POW)