Air Canada
AC.TOTSXIndustrials● Active
$21.41
+$0.08(+0.38%)
Market Cap$6.1B
P/E Ratio—
52W High$23.72
52W Low$16.45
Air Canada (AC.TO) Earnings: Dates, EPS & Revenue History
Quarterly EPS vs. estimates, revenue surprises, next earnings date, and analyst consensus.
AC.TO · earnings · updated Jun 8, 2026
Latest Earnings
Q2 FY2026Report Date: Apr 30, 2026EPS Actual
-$0.05
Est. -$0.45 · +88.9%
Revenue
$5.79B
Est. $5.51B · +5.0%
Fiscal Period
Q2 FY2026
FY ends December
Report Date
Apr 30, 2026
After Market Close
▲ Beat EPS▲ Beat Revenue✓ 3-Quarter EPS Beat Streak
AC.TO reports quarterly as a TSX-listed Airlines, Airports & Air Services company. Fiscal year ends in December. Data: FMP · Updated hourly.
Next Earnings Date
Days Away
85
days
Expected Date
Sep 1, 2026
Fiscal Period
Q3 FY2026
Release Time
◌ Time TBD (Unconfirmed)EPS Est.
—
Rev. $7.60B
Days Away85
Expected DateSep 1, 2026
Fiscal PeriodQ3 FY2026
Release TimeTime TBD (Unconfirmed)
EPS Est.—
Rev. Est.$7.60B
EPS & Revenue vs. Estimates
Actual (Beat)
Actual (Miss)
Estimated
Earnings History
| Period | Report Date | EPS Est. | EPS Actual | EPS Surpr. | Revenue | Rev. Est. | Rev. Surpr. |
|---|---|---|---|---|---|---|---|
| ◌ Q3 FY2026 | Jul 27, 2026 | $0.10 | — | — | — | $6.16B | — |
| ▲ Q2 FY2026 | Apr 30, 2026 | -$0.45 | -$0.05 | +88.9% | $5.79B | $5.51B | +5.0% |
| ▲ Q1 FY2026 | Feb 12, 2026 | $0.30 | $0.65 | +114.0% | $5.77B | $5.51B | +4.6% |
| ▲ Q4 FY2025 | Nov 4, 2025 | $0.30 | $0.89 | +198.4% | $5.77B | $5.56B | +3.9% |
| ▼ Q3 FY2025 | Jul 28, 2025 | $0.81 | $0.55 | -32.7% | $5.63B | $5.82B | -3.2% |
| ▲ Q2 FY2025 | May 8, 2025 | -$0.54 | -$0.45 | +16.7% | $5.20B | $5.29B | -1.7% |
| ▲ Q1 FY2025 | Feb 14, 2025 | $0.22 | $0.25 | +13.6% | $5.40B | $5.14B | +5.2% |
| ▲ Q4 FY2024 | Nov 1, 2024 | $1.58 | $2.57 | +62.7% | $6.11B | $5.13B | +19.0% |
Q3 FY2026
Jul 27, 2026
EPS Actual
—
EPS Est.
$0.10
EPS Surpr.
—
Revenue
—
Q2 FY2026
Apr 30, 2026Beat
EPS Actual
-$0.05
EPS Est.
-$0.45
EPS Surpr.
+88.9%
Revenue
$5.79B
Q1 FY2026
Feb 12, 2026Beat
EPS Actual
$0.65
EPS Est.
$0.30
EPS Surpr.
+114.0%
Revenue
$5.77B
Q4 FY2025
Nov 4, 2025Beat
EPS Actual
$0.89
EPS Est.
$0.30
EPS Surpr.
+198.4%
Revenue
$5.77B
Q3 FY2025
Jul 28, 2025Miss
EPS Actual
$0.55
EPS Est.
$0.81
EPS Surpr.
-32.7%
Revenue
$5.63B
Q2 FY2025
May 8, 2025Beat
EPS Actual
-$0.45
EPS Est.
-$0.54
EPS Surpr.
+16.7%
Revenue
$5.20B
Q1 FY2025
Feb 14, 2025Beat
EPS Actual
$0.25
EPS Est.
$0.22
EPS Surpr.
+13.6%
Revenue
$5.40B
Q4 FY2024
Nov 1, 2024Beat
EPS Actual
$2.57
EPS Est.
$1.58
EPS Surpr.
+62.7%
Revenue
$6.11B
Analyst Estimates
EPS Estimates
| Period | Low | Consensus | High | # Analysts |
|---|---|---|---|---|
| Q4 FY2028 | $0.94 | $0.99 | $1.05 | 5 |
| Q3 FY2028 | $1.88 | $1.98 | $2.10 | 10 |
| Q2 FY2028 | $1.10 | $1.16 | $1.23 | 7 |
| Q1 FY2028 | $-0.43 | $-0.41 | $-0.39 | 5 |
| Q4 FY2027 | $0.54 | $0.57 | $0.61 | 4 |
| Q3 FY2027 | $1.12 | $1.18 | $1.25 | 8 |
Revenue Estimates
| Period | Low | Consensus | High | # Analysts |
|---|---|---|---|---|
| Q4 FY2028 | $6.7B | $6.9B | $7.2B | 4 |
| Q3 FY2028 | $7.3B | $7.6B | $7.9B | 9 |
| Q2 FY2028 | $6.6B | $6.9B | $7.2B | 6 |
| Q1 FY2028 | $6.3B | $6.5B | $6.8B | 4 |
| Q4 FY2027 | $6.3B | $6.6B | $6.9B | 5 |
| Q3 FY2027 | $6.7B | $6.9B | $7.2B | 9 |
Earnings Price Reaction
Closing price one trading day before vs. one trading day after each earnings release.
| Period | Report Date | EPS Beat/Miss | Price Before | Price After | 1D Reaction |
|---|---|---|---|---|---|
| ▲ Q2 FY2026 | Apr 30, 2026 | +88.9% | $18.01 | $18.65 | +3.55% |
| ▲ Q1 FY2026 | Feb 12, 2026 | +114.0% | $19.53 | $19.52 | -0.05% |
| ▲ Q4 FY2025 | Nov 4, 2025 | +198.4% | $18.85 | $18.76 | -0.48% |
| ▼ Q3 FY2025 | Jul 28, 2025 | -32.7% | $21.98 | $22.04 | +0.27% |
| ▲ Q2 FY2025 | May 8, 2025 | +16.7% | $14.98 | $15.30 | +2.14% |
| ▲ Q1 FY2025 | Feb 14, 2025 | +13.6% | $18.22 | $17.75 | -2.58% |
| ▲ Q4 FY2024 | Nov 1, 2024 | +62.7% | $18.87 | $21.51 | +13.99% |
| ▲ Q3 FY2024 | Aug 7, 2024 | +6.5% | $15.14 | $14.93 | -1.39% |
Q2 FY2026+3.55%
Report Date
Apr 30, 2026
EPS Beat/Miss
+88.9%
Price Before
$18.01
Price After
$18.65
Q1 FY2026-0.05%
Report Date
Feb 12, 2026
EPS Beat/Miss
+114.0%
Price Before
$19.53
Price After
$19.52
Q4 FY2025-0.48%
Report Date
Nov 4, 2025
EPS Beat/Miss
+198.4%
Price Before
$18.85
Price After
$18.76
Q3 FY2025+0.27%
Report Date
Jul 28, 2025
EPS Beat/Miss
-32.7%
Price Before
$21.98
Price After
$22.04
Q2 FY2025+2.14%
Report Date
May 8, 2025
EPS Beat/Miss
+16.7%
Price Before
$14.98
Price After
$15.30
Q1 FY2025-2.58%
Report Date
Feb 14, 2025
EPS Beat/Miss
+13.6%
Price Before
$18.22
Price After
$17.75
Q4 FY2024+13.99%
Report Date
Nov 1, 2024
EPS Beat/Miss
+62.7%
Price Before
$18.87
Price After
$21.51
Q3 FY2024-1.39%
Report Date
Aug 7, 2024
EPS Beat/Miss
+6.5%
Price Before
$15.14
Price After
$14.93
Avg Beat Reaction+2.17%
Avg Miss Reaction+0.27%
Beat Rate7 / 8 quarters
Largest Move+13.99% (Q4 FY2024)
Data: FMP /historical-price-eod/full · field: close
About Earnings & Data Methodology
Data source: Financial Modeling Prep (FMP) | Updated: Hourly | Surprise%: (Actual − Estimate) / |Estimate| × 100 | Fiscal year: AC.TO ends December
Air Canada (AC.TO) most recently reported earnings on April 30, 2026 for Q2 FY2026, posting EPS of $-0.05 — beating the analyst consensus of $-0.45 by +88.9%. AC.TO has beaten EPS estimates for 3 consecutive quarters. The next AC.TO earnings date is expected around September 1, 2026.
Each quarter, investors track AC.TO earnings for signals on forward guidance and business momentum. For longer-term revenue trends, see the Revenue tab. AC.TO revenue tab →
Earnings Glossary
EPS (Earnings Per Share)
Net income ÷ diluted shares outstanding. The primary metric analysts use to gauge quarterly profitability.
Earnings Surprise %
(Actual − Estimate) / |Estimate| × 100. Positive = Beat. Negative = Miss.
Beat / Miss / In-Line
Beat = Actual ≥ Estimate. Miss = Actual < Estimate. In-Line = within ±1%.
BMO / AMC
Before Market Open / After Market Close. Two windows when companies typically release results.
Fiscal Quarter
AC.TO's fiscal year ends in December. Fiscal quarters may not align with calendar quarters.
Analyst Consensus
Average EPS/Revenue forecast across all covering analysts. More analysts = more reliable estimate.
Figures tie to FMP earnings calendar, estimates, and SEC 10-Q/10-K filings where noted.
Frequently asked questions
AC.TO earnings · 5 questionsAir Canada's next earnings report is expected around September 1, 2026. AC.TO typically reports quarterly — approximately every three months. The exact date is confirmed by the company 2–4 weeks before the release. Time is currently TBD; AC.TO historically reports after market close (AMC).
AC.TO earnings datewhen is AC.TO earningsAC.TO next earnings datewhen does AC.TO report earningsAC.TO earnings calendar
▸ Source: FMP · Air Canada SEC filings · US GAAP · Air Canada SEC 10-K & 10-Q filings · US GAAP · Updated: Jun 8, 2026