SEDAR Interim Financial Statements
```json [ { "companyName": "ATS CORPORATION", "balanceSheet": { "december28_2025": { "cashAndCashEquivalents": 263088, "accountsReceivable": 657006, "incomeTaxReceivable": 10345, "contractAssets": 473583, "inventories": 308136, "depositsPrepaidsAndOtherAssets": 103321, "totalCurrentAssets": 1815479, "propertyPlantAndEquipment": 315424, "rightOfUseAssets": 123010, "longTermDeposits": 4866, "otherAssets": 4787, "goodwill": 1390325, "intangibleAssets": 712985, "deferredIncomeTaxAssets": 115917, "totalNonCurrentAssets": 2667314, "totalAssets": 4482793, "bankIndebtedness": 1923, "accountsPayableAndAccruedLiabilities": 671320, "incomeTaxPayable": 40062, "contractLiabilities": 327885, "provisions": 23502, "currentPortionOfLeaseLiabilities": 34202, "currentPortionOfLongTermDebt": 174, "totalCurrentLiabilities": 1099068, "employeeBenefits": 26535, "longTermProvisions": 245, "longTermLeaseLiabilities": 96262, "longTermDebt": 1365537, "deferredIncomeTaxLiabilities": 88128, "otherLongTermLiabilities": 25482, "totalNonCurrentLiabilities": 1602189, "totalLiabilities": 2701257, "shareCapital": 851073, "contributedSurplus": 29623, "accumulatedOtherComprehensiveIncome": 160837, "retainedEarnings": 738200, "equityAttributableToShareholders": 1779733, "nonControllingInterests": 1803, "totalEquity": 1781536, "totalLiabilitiesAndEquity": 4482793, "cashPerShare": null, "workingCapitalPerShare": null }, "march31_2025": { "cashAndCashEquivalents": 225947, "accountsReceivable": 719435, "incomeTaxReceivable": 32065, "contractAssets": 503552, "inventories": 320172, "depositsPrepaidsAndOtherAssets": 104179, "totalCurrentAssets": 1905350, "propertyPlantAndEquipment": 325048, "rightOfUseAssets": 122291, "longTermDeposits": 4992, "otherAssets": 7062, "goodwill": 1394576, "intangibleAssets": 758531, "deferredIncomeTaxAssets": 104022, "totalNonCurrentAssets": 2716522, "totalAssets": 4621872, "bankIndebtedness": 27271, "accountsPayableAndAccruedLiabilities": 665109, "incomeTaxPayable": 40073, "contractLiabilities": 330134, "provisions": 29960, "currentPortionOfLeaseLiabilities": 32694, "currentPortionOfLongTermDebt": 219, "totalCurrentLiabilities": 1125460, "employeeBenefits": 25805, "longTermProvisions": 1000, "longTermLeaseLiabilities": 96699, "longTermDebt": 1543459, "deferredIncomeTaxLiabilities": 100573, "otherLongTermLiabilities": 19519, "totalNonCurrentLiabilities": 1787055, "totalLiabilities": 2912515, "shareCapital": 842015, "contributedSurplus": 36539, "accumulatedOtherComprehensiveIncome": 166855, "retainedEarnings": 660368, "equityAttributableToShareholders": 1705777, "nonControllingInterests": 3580, "totalEquity": 1709357, "totalLiabilitiesAndEquity": 4621872, "cashPerShare": null, "workingCapitalPerShare": null } }, "incomeStatement": { "threeMonthsEndedDecember28_2025": { "revenues": 760653, "costOfRevenues": 535780, "sellingGeneralAndAdministrative": 157231, "restructuringCosts": 5485, "stockBasedCompensation": 4458, "earningsFromOperations": 57699, "netFinanceCosts": 24056, "incomeBeforeIncomeTaxes": 33643, "incomeTaxExpense": 3610, "netIncome": 30033, "attributableToShareholders": 29946, "attributableToNonControllingInterests": 87, "basicEarningsPerShare": 0.31, "dilutedEarningsPerShare": 0.30 }, "threeMonthsEndedDecember29_2024": { "revenues": 651993, "costOfRevenues": 454061, "sellingGeneralAndAdministrative": 156365, "restructuringCosts": 3360, "stockBasedCompensation": 5125, "earningsFromOperations": 33082, "netFinanceCosts": 22440, "incomeBeforeIncomeTaxes": 10642, "incomeTaxExpense": 4137, "netIncome": 6505, "attributableToShareholders": 6414, "attributableToNonControllingInterests": 91, "basicEarningsPerShare": 0.07, "dilutedEarningsPerShare": 0.07 }, "nineMonthsEndedDecember28_2025": { "revenues": 2225829, "costOfRevenues": 1563231, "sellingGeneralAndAdministrative": 457738, "restructuringCosts": 7978, "stockBasedCompensation": 6157, "earningsFromOperations": 190725, "netFinanceCosts": 74110, "incomeBeforeIncomeTaxes": 116615, "incomeTaxExpense": 28678, "netIncome": 87937, "attributableToShareholders": 87742, "attributableToNonControllingInterests": 195, "basicEarningsPerShare": 0.90, "dilutedEarningsPerShare": 0.89 }, "nineMonthsEndedDecember29_2024": { "revenues": 1959044, "costOfRevenues": 1374193, "sellingGeneralAndAdministrative": 430025, "restructuringCosts": 20435, "stockBasedCompensation": 11548, "earningsFromOperations": 122843, "netFinanceCosts": 65492, "incomeBeforeIncomeTaxes": 57351, "incomeTaxExpense": 16438, "netIncome": 40913, "attributableToShareholders": 40809, "attributableToNonControllingInterests": 104, "basicEarningsPerShare": 0.42, "dilutedEarningsPerShare": 0.41 } }, "cashFlowStatement": { "threeMonthsEndedDecember28_2025": { "netIncome": 30033, "depreciationOfPropertyPlantAndEquipment": 8770, "amortizationOfRightOfUseAssets": 9965, "amortizationOfIntangibleAssets": 21569, "deferredIncomeTaxes": -7540, "otherItemsNotInvolvingCash": -1969, "stockBasedCompensation": 2701, "changeInNonCashOperatingWorkingCapital": 51079, "cashFlowsProvidedByOperatingActivities": 114608, "acquisitionOfPropertyPlantAndEquipment": -6068, "acquisitionOfIntangibleAssets": -10471, "businessAcquisitionsNetOfCashAcquired": 0, "settlementOfCrossCurrencyInterestRateSwapInstrument": 0, "proceedsFromDisposalOfPropertyPlantAndEquipment": -125, "cashFlowsUsedInInvestingActivities": -16664, "bankIndebtedness": -5270, "repaymentOfLongTermDebt": -16315, "proceedsFromLongTermDebt": 0, "settlementOfCrossCurrencyInterestRateSwapInstrument": 0, "proceedsFromExerciseOfStockOptions": 55, "purchaseOfNonControllingInterest": 0, "repurchaseOfCommonShares": 0, "acquisitionOfSharesHeldInTrust": 0, "principalLeasePayments": -9387, "cashFlowsProvidedByFinancingActivities": -30917, "effectOfExchangeRateChangesOnCashAndCashEquivalents": -1251, "increaseInCashAndCashEquivalents": 65776, "cashAndCashEquivalentsBeginningOfPeriod": 197312, "cashAndCashEquivalentsEndOfPeriod": 263088, "cashIncomeTaxesPaid": 15891, "cashInterestPaid": 18230 }, "threeMonthsEndedDecember29_2024": { "netIncome": 6505, "depreciationOfPropertyPlantAndEquipment": 8404, "amortizationOfRightOfUseAssets": 8563, "amortizationOfIntangibleAssets": 20943, "deferredIncomeTaxes": -9488, "otherItemsNotInvolvingCash": -1605, "stockBasedCompensation": 3281, "changeInNonCashOperatingWorkingCapital": 30081, "cashFlowsProvidedByOperatingActivities": 66684, "acquisitionOfPropertyPlantAndEquipment": -6901, "acquisitionOfIntangibleAssets": -9506, "businessAcquisitionsNetOfCashAcquired": 2280, "settlementOfCrossCurrencyInterestRateSwapInstrument": -16555, "proceedsFromDisposalOfPropertyPlantAndEquipment": 350, "cashFlowsUsedInInvestingActivities": -30332, "bankIndebtedness": -13559, "repaymentOfLongTermDebt": -218569, "proceedsFromLongTermDebt": 193836, "settlementOfCrossCurrencyInterestRateSwapInstrument": 24262, "proceedsFromExerciseOfStockOptions": 52, "purchaseOfNonControllingInterest": 0, "repurchaseOfCommonShares": 0, "acquisitionOfSharesHeldInTrust": 0, "principalLeasePayments": -7678, "cashFlowsProvidedByFinancingActivities": -21656, "effectOfExchangeRateChangesOnCashAndCashEquivalents": 1519, "increaseInCashAndCashEquivalents": 16215, "cashAndCashEquivalentsBeginningOfPeriod": 246937, "cashAndCashEquivalentsEndOfPeriod": 263152, "cashIncomeTaxesPaid": 21797, "cashInterestPaid": 23147 }, "nineMonthsEndedDecember28_2025": { "netIncome": 87937, "depreciationOfPropertyPlantAndEquipment": 25790, "amortizationOfRightOfUseAssets": 28766, "amortizationOfIntangibleAssets": 62493, "deferredIncomeTaxes": -32810, "otherItemsNotInvolvingCash": -2234, "stockBasedCompensation": 3524, "changeInNonCashOperatingWorkingCapital": 125415, "cashFlowsProvidedByOperatingActivities": 298881, "acquisitionOfPropertyPlantAndEquipment": -21297, "acquisitionOfIntangibleAssets": -29951, "businessAcquisitionsNetOfCashAcquired": 0, "settlementOfCrossCurrencyInterestRateSwapInstrument": 0, "proceedsFromDisposalOfPropertyPlantAndEquipment": 0, "cashFlowsUsedInInvestingActivities": -51248, "bankIndebtedness": -25237, "repaymentOfLongTermDebt": -231385, "proceedsFromLongTermDebt": 84999, "settlementOfCrossCurrencyInterestRateSwapInstrument": 0, "proceedsFromExerciseOfStockOptions": 11088, "purchaseOfNonControllingInterest": -4370, "repurchaseOfCommonShares": -10000, "acquisitionOfSharesHeldInTrust": -9616, "principalLeasePayments": -26059, "cashFlowsProvidedByFinancingActivities": -210580, "effectOfExchangeRateChangesOnCashAndCashEquivalents": 88, "increaseInCashAndCashEquivalents": 37141, "cashAndCashEquivalentsBeginningOfPeriod": 225947, "cashAndCashEquivalentsEndOfPeriod": 263088, "cashIncomeTaxesPaid": 29995, "cashInterestPaid": 67878 }, "nineMonthsEndedDecember29_2024": { "netIncome": 40913, "depreciationOfPropertyPlantAndEquipment": 25152, "amortizationOfRightOfUseAssets": 24967, "amortizationOfIntangibleAssets": 64511, "deferredIncomeTaxes": -25266, "otherItemsNotInvolvingCash": -2666, "stockBasedCompensation": 9907, "changeInNonCashOperatingWorkingCapital": -151073, "cashFlowsProvidedByOperatingActivities": -13555, "acquisitionOfPropertyPlantAndEquipment": -22111, "acquisitionOfIntangibleAssets": -27032, "businessAcquisitionsNetOfCashAcquired": -179389, "settlementOfCrossCurrencyInterestRateSwapInstrument": -16555, "proceedsFromDisposalOfPropertyPlantAndEquipment": 1135, "cashFlowsUsedInInvestingActivities": -243952, "bankIndebtedness": -503, "repaymentOfLongTermDebt": -505686, "proceedsFromLongTermDebt": 908354, "settlementOfCrossCurrencyInterestRateSwapInstrument": 24262, "proceedsFromExerciseOfStockOptions": 139, "purchaseOfNonControllingInterest": 0, "repurchaseOfCommonShares": -44983, "acquisitionOfSharesHeldInTrust": -14690, "principalLeasePayments": -22244, "cashFlowsProvidedByFinancingActivities": 344649, "effectOfExchangeRateChangesOnCashAndCashEquivalents": 5833, "increaseInCashAndCashEquivalents": 92975, "cashAndCashEquivalentsBeginningOfPeriod": 170177, "cashAndCashEquivalentsEndOfPeriod": 263152, "cashIncomeTaxesPaid": 51213, "cashInterestPaid": 62837 } }, "investmentsAndOtherAssets": [ { "type": "Cross-currency interest rate swap instrument", "description": "Hedge for foreign exchange risk related to U.S. dollar-denominated Senior Notes and net investment in European operations.", "value": null, "notes": "Not carried at fair value on balance sheet; details in note 8." }, { "type": "Variable for fixed interest rate swap instrument", "description": "Hedge for variable interest rate on secured credit facility.", "value": null, "notes": "Not carried at fair value on balance sheet; details in note 8." }, { "type": "Forward foreign exchange contracts", "description": "Used to manage foreign currency exposure.", "value": null, "notes": "Part of risk management strategy; not designated as hedges." }, { "type": "Goodwill", "description": "Intangible asset from acquisitions.", "value": 1390325, "notes": "From acquisitions like Paxiom and Heidolph." }, { "type": "Intangible assets", "description": "Includes technology, customer relationships, brands.", "value": 712985, "notes": "From acquisitions and internally generated." } ], "shareStructure": { "authorizedShares": "Unlimited number of common shares, without par value", "issuedShares": 96948447, "classesOfShares": ["common"], "warrants": [], "options": [ { "number": 498179, "exercisePrice": 40.17, "expiryDate": "7 years from grant date" } ], "rights": "Restricted Share Units (RSUs) and Deferred Stock Units (DSUs)", "convertibleInstruments": null, "notes": "Normal Course Issuer Bid (NCIB) in place allowing repurchase of up to 8,225,621 common shares. RSUs and DSUs are part of stock-based compensation plans." }, "managementCompensation": { "currency": "CAD", "periods": { "threeMonthsEndedDecember28_2025": { "salariesAndBenefits": null, "shareBasedCompensation": 4458, "cashBonus": null, "nonCashBenefits": null, "pensionAndOther": null, "severance": null, "totalRemuneration": null, "notes": "Stock