Thomson Reuters Corporation

Financial Statements (IFRS) · Amounts in CAD

5 10 All

Annual Quarterly

Income Statement

Balance Sheet

Cash Flow

Line Item	FY 2025Dec 31, 2025	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021
Total Revenue	7.5B	7.3B	6.8B	6.6B	6.3B
Operating Revenue	7.5B	7.3B	6.8B	6.6B	6.3B
Cost Of Revenue	1.8B	1.8B	1.6B	1.6B	1.6B
Gross Profit	5.7B	5.5B	5.2B	5.0B	4.8B
Selling General And Administration	2.7B	2.7B	2.5B	2.7B	2.7B
General And Administrative Expense	2.7B	2.7B	2.5B	2.7B	2.7B
Depreciation And Amortization In Income Statement	930.0M	822.0M	725.0M	724.0M	770.0M
Other Operating Expenses	31.0M	91.0M	26.0M	-170.0M	14.0M
Operating Expense	3.7B	3.6B	3.3B	3.2B	3.5B
Operating Income	2.0B	1.9B	1.9B	1.8B	1.2B
EBIT	2.1B	2.2B	2.2B	2.3B	1.3B
Interest Expense	183.0M	201.0M	237.0M	204.0M	201.0M
Interest Expense Non Operating	183.0M	201.0M	237.0M	204.0M	201.0M
Interest Income	40.0M	76.0M	85.0M	8.0M	5.0M
Interest Income Non Operating	40.0M	76.0M	85.0M	8.0M	5.0M
Net Interest Income	-147.0M	-137.0M	-147.0M	-194.0M	-196.0M
Other Income Expense	92.0M	270.0M	185.0M	461.0M	16.0M
Special Income Charges	161.0M	196.0M	384.0M	--	--
Gain On Sale Of Security	-69.0M	74.0M	-199.0M	461.0M	16.0M
Pretax Income	1.9B	2.0B	2.0B	2.1B	1.1B
Tax Provision	423.0M	-123.0M	417.0M	259.0M	1.6B
Tax Effect Of Unusual Items	20.1M	40.5M	38.8M	72.4M	3.5M
Net Income From Continuing And Discontinued Operation	1.5B	2.2B	2.7B	1.3B	5.7B
Net Income From Continuing Operation Net Minority Interest	1.5B	2.2B	2.6B	1.4B	5.7B
Net Income Including Noncontrolling Interests	1.5B	2.2B	2.7B	1.3B	5.7B
Minority Interests	0.00	3.0M	0.00	--	--
Net Income Common Stockholders	1.5B	2.2B	2.7B	1.3B	5.7B
Net Income	1.5B	2.2B	2.7B	1.3B	5.7B
EBITDA	3.0B	3.1B	3.0B	3.0B	2.0B
Normalized EBITDA	3.0B	2.8B	2.8B	2.5B	2.0B
Reconciled Depreciation	930.0M	822.0M	725.0M	724.0M	770.0M
Basic EPS	3.34	4.89	5.81	3.00	11.96
Diluted EPS	3.33	4.89	5.80	2.99	11.93
Basic Average Shares	449.0M	450.6M	463.2M	466.4M	475.7M
Diluted Average Shares	449.5M	451.2M	464.0M	467.5M	476.7M
Total Unusual Items	92.0M	270.0M	185.0M	461.0M	16.0M
Total Unusual Items Excluding Goodwill	92.0M	270.0M	185.0M	461.0M	16.0M
Tax Rate For Calcs	0.22	0.15	0.21	0.16	0.22
Normalized Income	1.4B	2.0B	2.5B	1.0B	5.7B
Amortization	819.0M	709.0M	609.0M	584.0M	593.0M
Amortization Of Intangibles Income Statement	819.0M	709.0M	609.0M	584.0M	593.0M
Depreciation Amortization Depletion Income Statement	930.0M	822.0M	725.0M	724.0M	770.0M
Depreciation Income Statement	111.0M	113.0M	116.0M	140.0M	177.0M
Diluted NI Availto Com Stockholders	1.5B	2.2B	2.7B	1.3B	5.7B
Earnings From Equity Interest Net Of Tax	-28.0M	40.0M	1.1B	-432.0M	6.2B
Gain On Sale Of Business	161.0M	196.0M	384.0M	--	--
Net Income Continuous Operations	1.5B	2.2B	2.6B	1.4B	5.7B
Net Income Discontinuous Operations	19.0M	15.0M	49.0M	-53.0M	2.0M
Net Non Operating Interest Income Expense	-147.0M	-137.0M	-147.0M	-194.0M	-196.0M
Other Gand A	47.0M	35.0M	39.0M	37.0M	50.0M
Preferred Stock Dividends	4.0M	5.0M	5.0M	3.0M	2.0M
Reconciled Cost Of Revenue	1.8B	1.8B	1.6B	1.6B	1.6B
Salaries And Wages	2.7B	2.6B	2.5B	2.6B	2.7B
Total Expenses	5.5B	5.4B	4.8B	4.8B	5.1B
Total Operating Income As Reported	2.1B	2.1B	2.3B	1.8B	1.2B
Total Other Finance Cost	4.0M	12.0M	-5.0M	-2.0M	--

Line Item	FY 2025Dec 31, 2025	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021
Cash And Cash Equivalents	371.0M	1.9B	1.2B	988.0M	708.0M
Cash Cash Equivalents And Short Term Investments	465.0M	1.9B	1.3B	1.2B	816.0M
Cash Equivalents	--	--	--	--	389.0M
Cash Financial	--	--	--	--	389.0M
Other Short Term Investments	94.0M	35.0M	66.0M	204.0M	108.0M
Accounts Receivable	1.1B	1.1B	1.0B	1.0B	1.0B
Receivables	1.2B	1.2B	1.2B	1.1B	1.1B
Inventory	23.0M	21.0M	20.0M	29.0M	28.0M
Prepaid Assets	205.0M	150.0M	161.0M	159.0M	170.0M
Other Current Assets	54.0M	50.0M	43.0M	67.0M	104.0M
Current Assets	2.2B	3.5B	2.9B	2.8B	2.5B
Gross PPE	972.0M	1.0B	1.3B	1.4B	1.5B
Accumulated Depreciation	-611.0M	-646.0M	-849.0M	-956.0M	-992.0M
Net PPE	361.0M	386.0M	447.0M	414.0M	502.0M
Goodwill	7.9B	7.3B	6.7B	5.9B	5.9B
Goodwill And Other Intangible Assets	12.7B	11.8B	11.1B	10.0B	10.1B
Other Intangible Assets	4.7B	4.6B	4.4B	4.2B	4.2B
Investments And Advances	668.0M	711.0M	2.4B	6.7B	7.1B
Long Term Equity Investment	202.0M	269.0M	2.0B	6.2B	6.7B
Other Non Current Assets	391.0M	398.0M	374.0M	356.0M	357.0M
Total Non Current Assets	15.7B	14.9B	15.8B	18.9B	19.7B
Total Assets	17.9B	18.4B	18.7B	21.7B	22.1B
Current Debt	795.0M	973.0M	372.0M	1.6B	--
Current Debt And Capital Lease Obligation	854.0M	1.0B	428.0M	1.7B	64.0M
Accounts Payable	147.0M	176.0M	181.0M	237.0M	227.0M
Payables	371.0M	373.0M	429.0M	561.0M	396.0M
Payables And Accrued Expenses	1.2B	1.2B	1.2B	1.4B	1.3B
Current Accrued Expenses	826.0M	799.0M	798.0M	834.0M	950.0M
Current Deferred Revenue	1.3B	1.1B	992.0M	886.0M	874.0M
Other Current Liabilities	100.0M	108.0M	494.0M	799.0M	190.0M
Current Liabilities	3.5B	3.4B	3.2B	4.9B	2.6B
Long Term Debt	1.3B	1.8B	2.9B	3.1B	3.8B
Long Term Debt And Capital Lease Obligation	1.5B	2.0B	3.1B	3.3B	4.0B
Long Term Capital Lease Obligation	190.0M	198.0M	209.0M	179.0M	197.0M
Other Non Current Liabilities	17.0M	49.0M	40.0M	61.0M	47.0M
Total Non Current Liabilities Net Minority Interest	2.6B	3.0B	4.4B	4.9B	5.7B
Total Liabilities Net Minority Interest	6.0B	6.4B	7.6B	9.8B	8.3B
Common Stock	2.1B	2.0B	1.8B	3.8B	3.7B
Capital Stock	2.2B	2.1B	1.9B	3.9B	3.8B
Additional Paid In Capital	1.4B	1.4B	1.5B	1.5B	1.7B
Retained Earnings	9.2B	9.7B	8.7B	7.6B	9.1B
Gains Losses Not Affecting Retained Earnings	-903.0M	-1.2B	-1.0B	-1.2B	-811.0M
Other Equity Adjustments	-903.0M	-1.2B	-1.0B	-1.2B	-811.0M
Common Stock Equity	11.8B	11.9B	11.0B	11.8B	13.7B
Stockholders Equity	11.9B	12.0B	11.1B	11.9B	13.8B
Total Equity Gross Minority Interest	11.9B	12.0B	11.1B	11.9B	13.8B
Minority Interest	0.00	0.00	--	--	--
Total Capitalization	13.2B	13.9B	14.0B	15.0B	17.6B
Net Tangible Assets	-746.0M	157.0M	-56.0M	1.9B	3.7B
Tangible Book Value	-856.0M	47.0M	-166.0M	1.8B	3.6B
Working Capital	-1.2B	54.0M	-312.0M	-2.1B	-128.0M
Invested Capital	13.9B	14.7B	14.2B	16.5B	17.5B
Total Debt	2.4B	3.1B	3.5B	5.0B	4.0B
Net Debt	1.8B	967.0M	2.1B	3.8B	3.1B
Share Issued	445.0M	450.0M	453.0M	458.9M	468.6M
Ordinary Shares Number	445.0M	450.0M	453.0M	458.9M	468.6M
Allowance For Doubtful Accounts Receivable	-54.0M	-55.0M	-54.0M	-57.0M	-79.0M
Available For Sale Securities	178.0M	110.0M	116.0M	85.0M	95.0M
Capital Lease Obligations	249.0M	256.0M	265.0M	235.0M	261.0M
Current Capital Lease Obligation	59.0M	58.0M	56.0M	56.0M	64.0M
Current Deferred Assets	123.0M	112.0M	139.0M	146.0M	140.0M
Current Deferred Liabilities	1.3B	1.1B	992.0M	886.0M	874.0M
Current Provisions	66.0M	63.0M	92.0M	108.0M	107.0M
Defined Pension Benefit	83.0M	40.0M	45.0M	48.0M	239.0M
Derivative Product Liabilities	16.0M	0.00	0.00	0.00	0.00
Employee Benefits	504.0M	523.0M	535.0M	526.0M	506.0M
Financial Assets	0.00	0.00	65.0M	42.0M	99.0M
Financial Assets Designatedas Fair Value Through Profitor Loss Total	288.0M	332.0M	263.0M	400.0M	235.0M
Foreign Currency Translation Adjustments	--	--	-1.0B	-1.2B	-836.0M
Gross Accounts Receivable	1.2B	1.1B	1.1B	1.1B	1.1B
Hedging Assets Current	0.00	0.00	0.00	0.00	0.00
Investmentin Financial Assets	466.0M	442.0M	379.0M	485.0M	330.0M
Investments In Other Ventures Under Equity Method	--	239.0M	232.0M	171.0M	162.0M
Investmentsin Associatesat Cost	--	30.0M	1.8B	6.0B	6.6B
Long Term Provisions	64.0M	62.0M	71.0M	86.0M	94.0M
Machinery Furniture Equipment	366.0M	412.0M	495.0M	532.0M	571.0M
Non Current Accounts Receivable	96.0M	89.0M	91.0M	94.0M	74.0M
Non Current Deferred Assets	1.5B	1.5B	1.2B	1.2B	1.3B
Non Current Deferred Liabilities	439.0M	316.0M	627.0M	969.0M	1.1B
Non Current Deferred Taxes Assets	1.3B	1.4B	1.1B	1.1B	1.1B
Non Current Deferred Taxes Liabilities	364.0M	241.0M	553.0M	897.0M	1.0B
Non Current Pension And Other Postretirement Benefit Plans	504.0M	523.0M	535.0M	526.0M	506.0M
Other Current Borrowings	795.0M	973.0M	372.0M	1.6B	--
Other Equity Interest	--	--	21.0M	17.0M	25.0M
Other Receivables	32.0M	29.0M	73.0M	29.0M	19.0M
Preferred Shares Number	6.0M	6.0M	6.0M	6.0M	6.0M
Preferred Stock	110.0M	110.0M	110.0M	110.0M	110.0M
Preferred Stock Equity	110.0M	110.0M	110.0M	110.0M	110.0M
Properties	606.0M	620.0M	801.0M	838.0M	923.0M
Restricted Cash	140.0M	115.0M	100.0M	81.0M	70.0M
Taxes Receivable	75.0M	67.0M	72.0M	68.0M	68.0M
Total Tax Payable	224.0M	197.0M	248.0M	324.0M	169.0M

Line Item	FY 2025Dec 31, 2025	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021
Operating Cash Flow	2.7B	2.5B	2.3B	1.9B	1.8B
Cash Flow From Continuing Operating Activities	2.7B	2.5B	2.3B	2.0B	1.8B
Depreciation And Amortization	930.0M	822.0M	725.0M	724.0M	770.0M
Depreciation Amortization Depletion	930.0M	822.0M	725.0M	724.0M	770.0M
Deferred Tax	60.0M	-640.0M	-388.0M	-80.0M	662.0M
Deferred Income Tax	60.0M	-640.0M	-388.0M	-80.0M	662.0M
Change In Working Capital	43.0M	176.0M	457.0M	8.0M	832.0M
Change In Receivables	-18.0M	26.0M	-83.0M	-28.0M	76.0M
Change In Payables And Accrued Expense	10.0M	139.0M	476.0M	9.0M	856.0M
Change In Payable	10.0M	139.0M	476.0M	9.0M	856.0M
Change In Other Working Capital	116.0M	9.0M	13.0M	29.0M	-34.0M
Change In Other Current Assets	--	--	0.00	42.0M	-10.0M
Change In Other Current Liabilities	--	--	0.00	-42.0M	10.0M
Other Non Cash Items	28.0M	70.0M	-38.0M	24.0M	-2.0M
Capital Expenditure	-634.0M	-607.0M	-544.0M	-595.0M	-487.0M
Net PPE Purchase And Sale	--	--	--	--	0.00
Purchase Of Business	-843.0M	-622.0M	-1.2B	-191.0M	-18.0M
Sale Of Business	254.0M	2.2B	5.8B	259.0M	28.0M
Investing Cash Flow	-1.3B	680.0M	3.5B	-462.0M	-504.0M
Cash Flow From Continuing Investing Activities	-1.3B	680.0M	3.5B	-446.0M	-252.0M
Issuance Of Debt	--	--	--	--	0.00
Repayment Of Debt	-1.1B	-353.0M	-1.6B	-65.0M	-109.0M
Net Issuance Payments Of Debt	-773.0M	-492.0M	-1.6B	977.0M	-109.0M
Repurchase Of Capital Stock	-1.0B	-639.0M	-3.1B	-1.3B	-1.4B
Net Common Stock Issuance	-1.0B	-639.0M	-3.1B	-1.3B	-1.4B
Common Stock Dividend Paid	-1.0B	-944.0M	-887.0M	-834.0M	-773.0M
Common Stock Payments	-1.0B	-639.0M	-3.1B	-1.3B	-1.4B
Financing Cash Flow	-2.8B	-2.5B	-5.6B	-1.2B	-2.3B
Cash Flow From Continuing Financing Activities	-2.8B	-2.5B	-5.6B	-1.2B	-2.3B
Effect Of Exchange Rate Changes	4.0M	-8.0M	1.0M	-6.0M	-5.0M
Changes In Cash	-1.5B	678.0M	228.0M	297.0M	-1.0B
Beginning Cash Position	2.0B	1.3B	1.1B	778.0M	1.8B
End Cash Position	511.0M	2.0B	1.3B	1.1B	778.0M
Free Cash Flow	2.0B	1.9B	1.8B	1.3B	1.3B
Income Tax Paid Supplemental Data	337.0M	551.0M	869.0M	216.0M	1.1B
Interest Paid Supplemental Data	138.0M	149.0M	201.0M	168.0M	165.0M
Amortization Cash Flow	819.0M	709.0M	609.0M	584.0M	593.0M
Amortization Of Intangibles	819.0M	709.0M	609.0M	584.0M	593.0M
Capital Expenditure Reported	-634.0M	-607.0M	-544.0M	-595.0M	-487.0M
Cash Dividends Paid	-1.0B	-949.0M	-892.0M	-837.0M	-775.0M
Cash From Discontinued Investing Activities	--	0.00	-1.0M	-16.0M	-252.0M
Cash From Discontinued Operating Activities	0.00	-12.0M	14.0M	-67.0M	-68.0M
Change In Account Payable	-78.0M	-144.0M	-166.0M	-137.0M	83.0M
Change In Income Tax Payable	88.0M	283.0M	642.0M	146.0M	773.0M
Change In Prepaid Assets	-65.0M	2.0M	51.0M	-2.0M	-66.0M
Change In Tax Payable	88.0M	283.0M	642.0M	146.0M	773.0M
Depreciation	111.0M	113.0M	116.0M	140.0M	177.0M
Dividends Received Cfi	--	--	5.4B	43.0M	994.0M
Earnings Losses From Equity Investments	28.0M	-40.0M	-1.1B	432.0M	-6.2B
Gain Loss On Investment Securities	--	--	--	--	-9.0M
Gain Loss On Sale Of Business	-165.0M	-192.0M	-336.0M	-217.0M	-5.0M
Long Term Debt Issuance	--	--	--	--	0.00
Long Term Debt Payments	-1.1B	-353.0M	-658.0M	-65.0M	-109.0M
Net Business Purchase And Sale	-589.0M	1.6B	4.6B	68.0M	10.0M
Net Foreign Currency Exchange Gain Loss	72.0M	-66.0M	197.0M	-460.0M	-16.0M
Net Income From Continuing Operations	1.5B	2.2B	2.6B	1.4B	5.7B
Net Long Term Debt Issuance	-1.1B	-353.0M	-658.0M	-65.0M	-109.0M
Net Other Financing Charges	-16.0M	-379.0M	4.0M	-14.0M	11.0M
Net Other Investing Changes	-61.0M	-271.0M	-568.0M	81.0M	-769.0M
Net Short Term Debt Issuance	290.0M	-139.0M	-956.0M	1.0B	0.00
Operating Gains Losses	107.0M	-151.0M	-1.1B	-85.0M	-6.1B
Pension And Employee Benefit Expense	172.0M	147.0M	139.0M	160.0M	162.0M
Preferred Stock Dividend Paid	-4.0M	-5.0M	-5.0M	-3.0M	-2.0M
Sale Of PPE	--	--	--	--	0.00
Short Term Debt Payments	--	-139.0M	-956.0M	--	0.00