Constellation Software Reports 19% Revenue Growth in Q3 2026
Constellation Software, CORA Banking & Financial Services Group’s parent company, reported US$3.512 billion in third-quarter revenue, US$609 million in acquisition consideration and a quarterly dividend of US$1.00 per common share.
Constellation Software Inc. (TSX: CSU), the parent company of CORA Banking & Financial Services Group, announced its results for the third quarter ended September 30, 2026 on November 6. The results reflect continued growth through acquisitions across its vertical market software businesses. All amounts below are in U.S. dollars.
Revenue for the quarter reached $3.512 billion, up 19% from $2.948 billion in the same period last year. Organic revenue growth was 2%, including after adjusting for foreign exchange movements. Revenue for the first nine months of 2026 totaled $10.027 billion, also up 19% year over year.
Constellation completed acquisitions during the quarter with aggregate cash consideration of $484 million, including acquired cash, and estimated deferred payments of $125 million, bringing total consideration to $609 million. Subsequent to September 30, the company completed or had open commitments to acquire additional businesses for total consideration of $589 million, comprising $466 million in cash on closing and $123 million in estimated deferred payments.
Cash flows from operations were $717 million, an increase of 5% year over year. Net income attributable to common shareholders was $212 million, compared with $210 million in Q3 2025. Free cash flow available to shareholders was $443 million, down 16% from the same quarter last year. This is a non-IFRS measure; the full release provides its definition and the accompanying financial context.
The company also declared a quarterly dividend of $1.00 per common share, payable on January 12, 2027 to shareholders of record at the close of business on December 18, 2026.
As part of the Constellation Software family, CORA Banking & Financial Services Group acquires and permanently holds mission-critical banking and financial services software companies. Our focus remains on long-term ownership, preserving the businesses founders have built and supporting their continued development.
Read Constellation’s full announcement for the complete financial results, non-IFRS measure definitions and forward-looking statement disclosures.