Royal Bank of Canada (RY) income statement
NYSE · Financial Services · Banks - Diversified · 101,269 employees · CEO David I. McKay
- Price
- $202.98 -1.48%
- Market cap
- $281B
- Enterprise value
- CA$747B
- Last report
- Q3 '26 filed 2026-08-27
- Next report
- 2026-12-03
Royal Bank of Canada (RY) reported revenue of CA$38.7B for Q3 '26 (+11.3% year on year), operating income of CA$7.75B (20.1% of revenue) and net income of CA$6.03B. Over the last four quarters revenue was CA$143B.
Income statement
| Income statement | Trend | 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 | CA$31.2B | CA$33B | CA$33.1B | CA$34.5B | CA$33.9B | CA$35.2B | CA$32.6B | CA$34.7B | CA$34.8B | CA$35.4B | CA$33.9B | CA$38.7B | |
| Cost of revenue | CA$18.7B | CA$20.1B | CA$20.1B | CA$20.4B | CA$19.7B | CA$19.6B | CA$18.3B | CA$18.6B | CA$18.7B | CA$18.6B | CA$17.4B | CA$18.9B | |
| Gross profit | CA$12.5B | CA$12.9B | CA$13.1B | CA$14B | CA$14.2B | CA$15.7B | CA$14.2B | CA$16.1B | CA$16.2B | CA$16.8B | CA$16.5B | CA$19.8B | |
| General & administrative | CA$4.79B | CA$5.16B | CA$5.09B | CA$5.41B | CA$5.42B | CA$5.99B | CA$5.48B | CA$5.87B | CA$5.79B | CA$6.29B | CA$7.19B | CA$7.49B | |
| Other operating expenses | CA$3.67B | CA$3.43B | CA$3.04B | CA$3.25B | CA$3.59B | CA$3.25B | CA$3.24B | CA$3.34B | CA$3.57B | CA$3.14B | CA$2.25B | CA$4.59B | |
| Operating expenses | CA$8.46B | CA$8.59B | CA$8.13B | CA$8.66B | CA$9.01B | CA$9.24B | CA$8.71B | CA$9.21B | CA$9.36B | CA$9.43B | CA$9.43B | CA$12.1B | |
| Operating income | CA$4.07B | CA$4.35B | CA$4.93B | CA$5.37B | CA$5.22B | CA$6.43B | CA$5.52B | CA$6.87B | CA$6.83B | CA$7.41B | CA$7.1B | CA$7.75B | |
| Interest income | CA$24.5B | CA$25.6B | CA$25.8B | CA$27.1B | CA$26.5B | CA$26.5B | CA$25B | CA$26.1B | CA$26.3B | CA$26.1B | CA$25B | CA$26.6B | |
| Interest expense | CA$18B | CA$19.3B | CA$19.1B | CA$19.8B | CA$18.8B | CA$18.5B | CA$16.9B | CA$17.8B | CA$17.6B | CA$17.5B | CA$16.5B | CA$17.9B | |
| Other non-operating income (gains on investments, FX ...) | CA$0 | CA$0 | CA$0 | CA$0 | CA$0 | CA$0 | CA$0 | CA$0 | CA$0 | CA$0 | CA$24M | CA$27.3M | |
| Total non-operating income | CA$0 | CA$0 | CA$0 | CA$0 | CA$0 | CA$0 | CA$0 | CA$0 | CA$0 | CA$0 | -CA$24M | CA$0 | |
| Income before tax | CA$4.07B | CA$4.35B | CA$4.93B | CA$5.37B | CA$5.22B | CA$6.43B | CA$5.52B | CA$6.87B | CA$6.83B | CA$7.41B | CA$7.08B | CA$7.73B | |
| Income tax | -CA$60M | CA$766M | CA$976M | CA$887M | CA$993M | CA$1.3B | CA$1.13B | CA$1.46B | CA$1.39B | CA$1.62B | CA$1.59B | CA$1.73B | |
| Net income | CA$4.13B | CA$3.58B | CA$3.95B | CA$4.48B | CA$4.22B | CA$5.13B | CA$4.39B | CA$5.42B | CA$5.43B | CA$5.78B | CA$5.51B | CA$6.03B | |
| EPS (basic) | CA$2.90 | CA$2.50 | CA$2.75 | CA$3.09 | CA$2.91 | CA$3.54 | CA$3.03 | CA$3.76 | CA$3.76 | CA$4.04 | CA$3.86 | CA$4.24 | |
| EPS (diluted) | CA$2.90 | CA$2.50 | CA$2.74 | CA$3.09 | CA$2.91 | CA$3.54 | CA$3.02 | CA$3.75 | CA$3.75 | CA$4.03 | CA$3.85 | CA$4.23 | |
| Shares (basic, weighted) | 1.4B | 1.41B | 1.41B | 1.41B | 1.42B | 1.41B | 1.41B | 1.41B | 1.41B | 1.03B | 1.39B | 989M | |
| Shares (diluted, weighted) | 1.4B | 1.41B | 1.41B | 1.42B | 1.42B | 1.42B | 1.41B | 1.41B | 1.41B | 1.03B | 1.39B | 992M | |
| Depreciation & amortization | CA$763M | CA$674M | CA$723M | CA$763M | CA$821M | CA$774M | CA$780M | CA$768M | CA$757M | CA$710M | CA$722M | CA$740M | |
| EBITDA | CA$4.83B | CA$5.02B | CA$5.65B | CA$6.14B | CA$6.04B | CA$7.21B | CA$6.3B | CA$7.64B | CA$7.59B | CA$8.12B | CA$7.83B | CA$8.47B |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CA$46B | CA$49.9B | CA$57.6B | CA$67.4B | CA$61.2B | CA$57.7B | CA$66.8B | CA$113B | CA$134B | CA$137B | |
| Cost of revenue | CA$9.47B | CA$10.9B | CA$16.4B | CA$23.4B | CA$18.4B | CA$7.39B | CA$18.5B | CA$64.3B | CA$80.2B | CA$75.2B | |
| Gross profit | CA$36.5B | CA$39B | CA$41.2B | CA$43.9B | CA$42.8B | CA$50.3B | CA$48.3B | CA$49.1B | CA$54.3B | CA$62.2B | |
| General & administrative | CA$15.8B | CA$16.4B | CA$16.5B | CA$18.7B | CA$18.9B | CA$20.4B | CA$18.3B | CA$18.9B | CA$21.1B | CA$23.1B | |
| Other operating expenses | CA$7.42B | CA$7.92B | CA$9B | CA$9.31B | CA$9.43B | CA$9.23B | CA$9.87B | CA$12.1B | CA$13.3B | CA$13.4B | |
| Operating expenses | CA$23.2B | CA$24.3B | CA$25.4B | CA$28B | CA$28.4B | CA$29.7B | CA$28.2B | CA$30.9B | CA$34.4B | CA$36.5B | |
| Operating income | CA$13.3B | CA$14.7B | CA$15.8B | CA$15.9B | CA$14.4B | CA$20.6B | CA$20.1B | CA$18.2B | CA$19.9B | CA$25.7B | |
| Interest income | CA$24.5B | CA$26.9B | CA$33B | CA$41.3B | CA$34.9B | CA$28.1B | CA$40.8B | CA$87B | CA$105B | CA$104B | |
| Interest expense | CA$7.92B | CA$9.76B | CA$15.1B | CA$21.6B | CA$14B | CA$8.14B | CA$18.1B | CA$61.9B | CA$77B | CA$70.8B | |
| Income before tax | CA$13.3B | CA$14.7B | CA$15.8B | CA$15.9B | CA$14.4B | CA$20.6B | CA$20.1B | CA$18.2B | CA$19.9B | CA$25.7B | |
| Income tax | CA$2.84B | CA$3.2B | CA$3.33B | CA$3.04B | CA$2.95B | CA$4.58B | CA$4.3B | CA$3.57B | CA$3.62B | CA$5.28B | |
| Net income | CA$10.4B | CA$11.4B | CA$12.4B | CA$12.9B | CA$11.4B | CA$16B | CA$15.8B | CA$14.6B | CA$16.2B | CA$20.4B | |
| EPS (basic) | CA$6.80 | CA$7.59 | CA$8.39 | CA$8.78 | CA$7.84 | CA$11.08 | CA$11.08 | CA$10.33 | CA$11.27 | CA$14.12 | |
| EPS (diluted) | CA$6.78 | CA$7.56 | CA$8.36 | CA$8.75 | CA$7.82 | CA$11.06 | CA$11.06 | CA$10.32 | CA$11.23 | CA$14.09 | |
| Shares (basic, weighted) | 1.49B | 1.47B | 1.44B | 1.43B | 1.42B | 1.42B | 1.4B | 1.39B | 1.41B | 1.41B | |
| Shares (diluted, weighted) | 1.49B | 1.47B | 1.45B | 1.44B | 1.43B | 1.43B | 1.41B | 1.39B | 1.41B | 1.41B | |
| Depreciation & amortization | CA$1.55B | CA$1.62B | CA$1.65B | CA$1.93B | CA$2.65B | CA$2.59B | CA$2.65B | CA$2.85B | CA$2.98B | CA$3.08B | |
| EBITDA | CA$14.8B | CA$16.3B | CA$17.4B | CA$17.8B | CA$17B | CA$23.2B | CA$22.8B | CA$21B | CA$22.8B | CA$28.7B |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in CAD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates: Financial Modeling Prep.
Data as of 2026-11-01 · Amounts in CAD as reported; price and market cap in USD.