Constellation Software Inc. Announces Results for the Third Quarter Ended September 30, 2025 and Declares Quarterly Dividend

Core Insights - Constellation Software Inc. reported a total revenue of $2,948 million for Q3 2025, marking a 16% increase from $2,541 million in Q3 2024, primarily driven by acquisitions and organic growth of 5% [4][9] - The company declared a dividend of $1.00 per share, payable on January 12, 2026, to shareholders of record by December 19, 2025 [1] Financial Performance - Total revenue for the first nine months of 2025 reached $8,446 million, a 15% increase compared to $7,363 million in the same period of 2024 [4] - Net income attributable to common shareholders for Q3 2025 was $210 million, up 28% from $164 million in Q3 2024, translating to $9.89 per diluted share compared to $7.74 [5][9] - For the nine months ended September 30, 2025, net income was $402 million or $18.96 per diluted share, down from $446 million or $21.04 per diluted share in the same period of 2024 [5] Cash Flow and Acquisitions - Cash flows from operations (CFO) increased by 33% to $685 million in Q3 2025, compared to $517 million in Q3 2024 [6][9] - Free cash flow available to shareholders (FCFA2S) rose by 46% to $529 million in Q3 2025, compared to $362 million in Q3 2024 [7][9] - The company completed several acquisitions for a total cash consideration of $281 million, with deferred payments estimated at $134 million, leading to a total consideration of $415 million [9] Balance Sheet Highlights - As of September 30, 2025, total assets amounted to $15,326 million, an increase from $12,849 million at the end of 2024 [14] - Total liabilities were reported at $11,222 million, up from $9,561 million at the end of 2024 [16] - Shareholders' equity increased to $4,103 million as of September 30, 2025, compared to $3,288 million at the end of 2024 [16]