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Feb 18, 2026 4:40 PM

407 International Reports 2025 Results

Annual traffic increased by 6% over 2024

TORONTO, Feb. 18, 2026 /CNW/ - Today, 407 International Inc. (the Company) announced financial results for the year ended December 31, 2025. Reported revenues were $2,008.5 million, up 18% and net income was $810.5 million, up 17% compared to the same period in 2024. Earnings before interest and other expenses, taxes, depreciation and amortization (EBITDA1) for the year ended December 31, 2025, totalled $1,686.9 million, up 14% compared with the same period in 2024.

Average workday trips2 were 387,116. Vehicle kilometres travelled and total trips2 were higher by 6% during the year ended December 31, 2025, compared to the same period in 2024.

Effective February 9, 2026, the Company welcomed Sebastian Berardi, a Managing Director on CPP Investments' Infrastructure Team, to the Board of Directors. The members of the Board of Directors are as follows:

David McFadden, K.C., Chair of the Board of Directors

Jose Espinosa, President & Chief Executive Officer

Michael Bernasiewicz

Rob MacIsaac

Laura Formusa

Andres Sacristan

Young Park

Jose Maria Velao

Emmie Fukuchi

Michael Rosenfeld

Abigail Marcus

Sebastian Berardi

"We're proud of the work we've done this year to support our customers and surrounding communities," says Jose Espinosa, President & CEO, 407 ETR.  "From expanding our Route Relief Program and driving offers to the investments we've made to improve Highway 407 ETR -- we remain committed to serving the GTA with a safe and reliable route that delivers real value for drivers and Ontario." 

In October 2025, 407 ETR released a report by global infrastructure consultancy Steer, highlighting the Company's significant economic impact on the GTA. The findings reveal that 407 ETR delivers $1.2 billion in annual socioeconomic benefits through faster travel times, reduced fuel consumption, enhanced regional mobility and fewer collisions. The Company also supports 1,800 full-time equivalent jobs across Canada, including 550 direct employees in Woodbridge, Ontario. 

In 2025, 407 ETR invested approximately $3.4 million in GTA communities through sponsorships, donations and free travel (excluding promotional driving offers). This included more than $600,000 supporting six environmental partners, and $180,000 for the Little Native Hockey League Tournament in Markham -- providing $30,000 in funding and $150,000 in free travel for Indigenous athletes. The Company also donated $100,000 to York University's Lassonde School of Engineering's k2i (kindergarten to industry) academy to help underrepresented youth pursue STEM-related careers through specialized learning opportunities for high school students in Ontario.  

The Company recently expanded its Route Relief Program for low-income drivers, providing participants with up to eight free trips per month -- up from six -- beginning January 1, 2026.

Highlights

Three-month period ended

Year ended

December 31

December 31

2025

2024

2025

2024