BCE Inc. (BCE) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
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Revenue Growth Metrics
Revenue Breakdown (FY 2021)
BCE's revenue distribution by segment and geography for fiscal year 2021
By Product/Segment
BCE Revenue Analysis (2013–2024)
As of March 1, 2026, BCE Inc. (BCE) generated trailing twelve-month (TTM) revenue of $24.49 billion, reflecting modest growth of +1.3% year-over-year. The most recent quarter (Q3 2025) recorded $6.05 billion in revenue, down 0.6% sequentially.
Looking at the longer-term picture, BCE's 5-year compound annual growth rate (CAGR) stands at +5.9%, indicating steady revenue expansion. The company achieved its highest annual revenue of $24.67 billion in 2023.
Revenue diversification analysis shows BCE's business is primarily driven by Service, Data (54%), Voice (22%), and Media (18%). With over half of revenue concentrated in Service, Data, the company maintains significant focus in this area while developing other growth vectors.
When compared to Communication Services sector peers including VZ (+2.4% YoY), T (+2.7% YoY), and TBB (+2.7% YoY), BCE has underperformed the peer group in terms of revenue growth. Compare BCE vs VZ →
Peer Comparison
Compare BCE's revenue metrics with industry peers
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| BCECurrent | $24.5B | +1.3% | +5.9% | 22.7% | |
| VZ | $138.2B | +2.4% | +0.4% | 21.2% | |
| T | $125.6B | +2.7% | -6.1% | 19.2% | |
| TBB | $125.6B | +2.7% | -6.1% | 19.2% | |
| AMX | $885.1B | +7.0% | +1.7% | 21.0% | |
| VOD | $37.4B | -18.8% | -3.6% | -1.1% |
Historical Revenue Data
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $24.41B | -1.1% | $16.70B | 68.4% | $5.55B | 22.7% |
| 2023 | $24.67B | +2.1% | $7.42B | 30.1% | $5.50B | 22.3% |
| 2022 | $24.17B | +3.1% | $16.53B | 68.4% | $5.48B | 22.7% |
| 2021 | $23.45B | +2.5% | $16.16B | 68.9% | $5.28B | 22.5% |
| 2020 | $22.88B | +24.7% | $15.92B | 69.6% | $0 | - |
| 2019 | $18.35B | -21.8% | $5.85B | 31.9% | $4.37B | 23.8% |
| 2018 | $23.47B | +3.3% | $9.82B | 41.8% | $5.52B | 23.5% |
| 2017 | $22.72B | +4.6% | $9.57B | 42.1% | $5.44B | 23.9% |
| 2016 | $21.72B | +1.0% | $15.01B | 69.1% | $5.28B | 24.3% |
| 2015 | $21.51B | +2.2% | $14.92B | 69.3% | $5.13B | 23.8% |
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Start ComparisonFrequently Asked Questions
Is BCE's revenue growth accelerating or slowing?
BCE revenue growth slowed to +1.3%, below the 5-year CAGR of +5.9%. TTM revenue is $24.5B. The deceleration marks a shift from historical growth rates.
What is BCE's long-term revenue growth rate?
BCE Inc.'s 5-year revenue CAGR of +5.9% reflects the variable expansion pattern. Current YoY growth of +1.3% is near this long-term average.
How is BCE's revenue distributed by segment?
BCE reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.