| (Values in U.S. Thousands) | Dec, 2025 | Dec, 2024 | Dec, 2023 | Dec, 2022 | Dec, 2021 |
| Sales | 11,623,000 | 10,066,000 | 8,405,000 | 6,622,000 | 5,107,000 |
| Sales Growth | +15.47% | +19.76% | +26.93% | +29.67% | +28.67% |
| Net Income | 512,000 | 731,000 | 565,000 | 512,000 | 310,000 |
| Net Income Growth | -29.96% | +29.38% | +10.35% | +65.16% | -28.90% |
Constellation Software Inc. (CSU.TO)
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Constellation Software is an acquirer, manager, and developer of vertical market software, or VMS, businesses globally. VMS differentiates from horizontal software in that it provides mission critical solutions within a specific industry for customers in a particular market. Constellation operates through a decentralized model in which each business operates as its own independent entity. Managers of individual businesses are incentivized to optimize their business for returns on invested capital and revenue growth. Excess cash generated by the individual businesses is repatriated to portfolio managers who focus on allocating as much capital as possible on new acquisitions. As of 2025, Constellation consisted of over 1,000 individual businesses and 64,000 employees.
Fiscal Year End Date: 12/31