Rogers reports $482M Q3 profit attributable to shareholders, revenue edges up

TORONTO - Rogers Communications Inc. reported a third-quarter profit of $482 million attributable to shareholders, with total revenue increasing by 2% compared to the previous year. The profit amounted to 88 cents per diluted share for the quarter ending September 30, 2026, compared to $10.54 per share a year ago, when a $5 billion non-cash gain and a $151 million debt redemption contributed to the earnings.

Adjusted earnings per diluted share were $1.29, down from $1.37 in the same period last year. Revenue totaled $5.44 billion, up from $5.35 billion in the corresponding quarter last year, while service revenue was $4.78 billion, an increase from $4.74 billion. Earlier this month, Rogers completed its acquisition of the remaining 25% stake in MLSE it did not previously own, resulting in full ownership of the sports conglomerate that includes the Toronto Maple Leafs, Raptors, Toronto FC, and Argonauts.