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Flight simulator maker CAE reports Q1 profit and revenue up from year ago

MONTREAL — Flight simulator maker CAE Inc. reported a first-quarter profit attributable to equity holders of $57.2 million, up from $48.3 million in the same quarter last year.
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The flight simulator assembly plant is seen at the CAE facility in Montreal, Tuesday, Jan. 14, 2025. THE CANADIAN PRESS/Ryan Remiorz

MONTREAL — Flight simulator maker CAE Inc. reported a first-quarter profit attributable to equity holders of $57.2 million, up from $48.3 million in the same quarter last year.

The profit amounted to 18 cents per diluted share for the quarter ended June 30, up from a profit of 15 cents per diluted share a year earlier.

On an adjusted basis, CAE says it earned 21 cents per share, the same as a year ago.

Revenue for the quarter totalled $1.10 billion, up from $1.07 billion in the same quarter last year.

Civil revenue totalled $607.7 million in its latest quarter, up from $587.6 million a year ago, while defence and security revenue amounted to $490.9 million, up from $484.9 million.

The company's adjusted backlog stood at $19.48 billion at the end of the quarter.

This report by The Canadian Press was first published Aug. 13, 2025.

Companies in this story: (TSX:CAE)

The Canadian Press