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CPKC Reports Quarterly Net Income of $845-Million, Down From $909-Million Last Year

The railway said volume grew despite market headwinds as revenue slipped to $3.7 billion and the operating ratio worsened to 66%.

Summary by The Globe & Mail
CPKC says its revenue was $3.7-billion during the quarter, down year-over-year from $3.8-billion

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Canadian Pacific Railway Kansas City (CPKC) announced on Wednesday a net profit of $845 million in the first quarter, down from $909 million in the same period of the previous fiscal year.

·Montreal, Canada
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Canadian Pacific Kansas City (CPKC) reported a 2% decrease in revenues in the first quarter of 2026 (1T26) against the same period last year. According to its quarterly report, the railway stated that in 1Q26 it obtained three thousand 701 million Canadian dollars compared to three thousand 795 million Canadian dollars of the same cycle of 2025. “Despite the continuous winds against the market and macroeconomics, we achieved a volume growth demo…

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The Record broke the news in Waterloo, Canada on Wednesday, April 29, 2026.
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