TORONTO, April 30, 2026 /CNW/ - Today, 407 International Inc. (the Company) announced financial results for the first quarter of 2026. Reported revenues were $491.8 million, up 20% and net income was $192.2 million, up 38% compared to the same period in 2025. Earnings before interest and other expenses, taxes, depreciation and amortization (EBITDA1) for the first quarter of 2026, totalled $402.8 million, up 25% compared with the same period in 2025.
Average workday trips2 were 339,948 and total trips2 were higher by 7% during the first quarter of 2026, compared to the same period in 2025. Vehicle kilometres travelled were higher by 8% during the first quarter of 2026, compared to the same period in 2025.
The Board of Directors declared an eligible dividend of $0.645 per common share payable on or about April 30, 2026 to shareholders of record on April 30, 2026.
During the first quarter of 2026, 407 ETR implemented a new toll rate schedule effective January 1, 2026. The Company also expanded year-round driving offers to up to 1.8 million drivers and businesses each month to help customers save money while easing congestion on alternate routes.
As part of its commitment to strengthening the communities it serves, in March 407 ETR announced a $7.5 million commitment over seven years to support the School of Medicine at Toronto Metropolitan University (TMU), representing the Company's largest philanthropic investment to date. The funding is helping shape TMU's state-of-the-art teaching facilities in Brampton and is helping drive forward solutions to Peel Region's critical shortage of family physicians. In recognition of the historic investment, the clinic was named the TMU Integrated Health Centre supported by 407 ETR.
"Supporting the TMU School of Medicine aligns with our vision for building stronger, healthier communities across the GTA," says Jose Espinosa, President & CEO, 407 ETR. "This investment is helping connect more people in Brampton to the care they need, while supporting hands-on medical education for future physicians."
The clinic is expected to serve more than 14,000 patients who currently do not have a family doctor.
Three-month period ended
March 31
2026
2025
Selected Financial Information (in millions)
