CAE reports first-quarter profit of $31M, down from $57.2M last year

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MONTREAL - Flight simulator maker CAE Inc. reported first-quarter profit attributable to equity holders of $31 million, down from $57.2 million during the same period last year.     

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MONTREAL – Flight simulator maker CAE Inc. reported first-quarter profit attributable to equity holders of $31 million, down from $57.2 million during the same period last year.     

That amounted to earnings per share of 10 cents, compared with 18 cents during the prior-year quarter. 

Revenue for the quarter totalled $1.17 billion, rising 6.8 per cent year-over-year from $1.10 billion. 

CAE Inc., headquarters is seen in Saint-Laurent, Que., on Monday, July 20, 2026. THE CANADIAN PRESS/Christinne Muschi
CAE Inc., headquarters is seen in Saint-Laurent, Que., on Monday, July 20, 2026. THE CANADIAN PRESS/Christinne Muschi

CAE says revenue for its civil aviation segment reached $641.6 million in the quarter, up from $607.7 million. 

First quarter defence revenue was $531.8 million, up from $490.9 million. 

The company’s adjusted backlog stood at $19.2 billion during the quarter, down slightly from $19.5 billion during last year’s first quarter. 

This report by The Canadian Press was first published Aug. 12, 2026. 

Companies in this story: (TSX: CAE)

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