BCE (BCE) revenue breakdown

Communication Services · Telecom Services · Market cap $17.1B

By segment, Bell CTS is the largest at 87% of fiscal 2025 revenue; Bell Media grew fastest, 2% a year over 8 years.

By product, Data is the largest at 34% of fiscal 2025 revenue, growing 4% a year over 1 years.

Revenue by segment

Fiscal years, as BCE reports them in its 10-K filings; fiscal 2025 total $24.8B.

Segments201720182019202020212022202320242025Share
Bell CTS—————$21.3B$21.9B$21.6B$21.7B 87%
Bell Media$2.7B$2.7B$2.8B$2.4B$2.7B$3.3B$3.1B$3.2B$3.2B 13%
BELL WIRELINE$12.2B$12.0B$12.0B$11.9B$11.8B———— —
BELL WIRELESS$7.9B$8.8B$8.9B$8.6B$8.9B———— —

Revenue by product

Fiscal years, as BCE reports them in its 10-K filings; fiscal 2025 total $24.5B.

Products201720182019202020212022202320242025Share
Data———————$8.1B$8.4B 34%
Wireless voice and data———————$7.1B$7.1B 29%
Media———————$2.8B$2.9B 12%
Wireless———————$2.7B$2.6B 11%
Wireline voice———————$2.7B$2.5B 10%
Wireline———————$621M$627M 3%
Other wireline services———————$318M$313M 1%
Operating Service———$19.8B$20.4B$21.0B$21.2B—— —
Data$7.2B$7.5B$7.6B—————— —
Wireless$6.0B$6.3B$6.3B—————— —
Voice$4.0B$3.8B$3.6B—————— —
Total products———$3.1B$3.1B$3.2B$3.5B—— —
Media$2.7B$2.7B$2.8B—————— —
Wireless$1.8B$2.5B$2.6B—————— —
Data$410M$466M$556M—————— —
Other services$211M$247M$251M—————— —
Equipment and other$419M$64M$48M—————— —
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Questions

Where does BCE make its money?

In fiscal 2025, by segment: Bell CTS $21.7B, Bell Media $3.2B.

From BCE's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.