Inferra AI / Company / RCI
Rogers Communications Inc.
RCI · Communication Services
Last earnings Oct 23, 2026
Key results
Revenuequarter
4%
Be the growth leader in our industry Grew total service revenue by 4%.
SEC original ↗Rogers Communications Inc. — Earnings release (6-K exhibit)EX-99Oct 23, 2025
Free cash flowquarter
$829 million
Generated strong free cash flow of $829 million 1 and cash flow from operating activities of $1,515 million.
SEC original ↗Rogers Communications Inc. — Earnings release (6-K exhibit)EX-99Oct 23, 2025
Media revenuequarter
$4 billion
Our estimated pro forma 2025 Media revenue and adjusted EBITDA including MLSE is approximately $4 billion and $0.25 billion, respectively.
SEC original ↗Rogers Communications Inc. — Earnings release (6-K exhibit)EX-99Oct 23, 2025
Quarterly Financial Highlights Revenue Total revenue and total service revenue increased by 4% this quarter, primarily as a result of revenue growth in Media.
SEC original ↗Rogers Communications Inc. — Earnings release (6-K exhibit)EX-99Oct 23, 2025
Wireless equipment revenue increased by 9%, primarily as a result of higher device upgrades by existing customers .
SEC original ↗Rogers Communications Inc. — Earnings release (6-K exhibit)EX-99Oct 23, 2025
Cable service revenue increased by 1% this quarter, primarily as a result of retail Internet subscriber growth and base management activity.
SEC original ↗Rogers Communications Inc. — Earnings release (6-K exhibit)EX-99Oct 23, 2025
Media revenue increased by 26% this quarter, as a result of revenue from MLSE following the closing of the MLSE Transaction and the success of the Toronto Blue Jays, which resulted in higher attendance and game day revenues.
SEC original ↗Rogers Communications Inc. — Earnings release (6-K exhibit)EX-99Oct 23, 2025
Cable adjusted EBITDA increased by 2% due to flowthrough of service revenue growth and ongoing cost efficiencies.
SEC original ↗Rogers Communications Inc. — Earnings release (6-K exhibit)EX-99Oct 23, 2025
AI analysis
Q3 2025 · reported Oct 23, 2025
Based on: Earnings release (6-K exhibit) + parent 6-K — transcript not held
Headline figures
| Metric | Q3 2025 | Prior qtr | Year ago |
|---|---|---|---|
| Revenue | 4% | — | — |
| Free cash flow | $829 million | — | — |
| Media revenue | $4 billion | — | — |
Guidance · company-stated
Direction: Raised
“2024 July 23, 2025 October 23, 2025 (In millions of dollars, except percentages) Actual Guidance Ranges 1, 2 Guidance Ranges 1, 2 Total service revenue 18,066 Increase of 3% to 5% Increase of 3% to 5% Adjusted EBITDA 9,617 Increase of 0% to 3% Increase of 0% to 3% Capital expenditures 3 4,041 Approximately 3,800 Approximately 3,700 Free cash flow 3,045 3,000 to 3,200 3,200 to 3,300 1 Guidance ranges presented as percentages reflect percentage increases over full-year 2024 results.”
“Adjusted EBITDA guidance is unchanged due to the seasonality of MLSE's business, with the third quarter being the offseason for the Toronto Maple Leafs and the Toronto Raptors.”
Classified from the release's primary full-year outlook statement.
Cash flow & capex
Capital allocation
Be a strong national company investing in Canada Invested $964 million in capital expenditures, the majority of which was in our network.
Event summary
Rogers Communications Inc. Q3 2025 — Be the growth leader in our industry Grew total service revenue by 4%.
Based on: Earnings release (6-K exhibit) + parent 6-K — transcript not held
Guidance & outlook
Direction: Raised
Revenue: “2024 July 23, 2025 October 23, 2025 (In millions of dollars, except percentages) Actual Guidance Ranges 1, 2 Guidance Ranges 1, 2 Total service revenue 18,066 Increase of 3% to 5% Increase of 3% to 5% Adjusted EBITDA 9,617 Increase of 0% to 3% Increase of 0% to 3% Capital expenditures 3 4,041 Approximately 3,800 Approximately 3,700 Free cash flow 3,045 3,000 to 3,200 3,200 to 3,300 1 Guidance ranges presented as percentages reflect percentage increases over full-year 2024 results.”
Revenue — Raised (“Increase”)
“2024 July 23, 2025 October 23, 2025 (In millions of dollars, except percentages) Actual Guidance Ranges 1, 2 Guidance Ranges 1, 2 Total service revenue 18,066 Increase of 3% to 5% Increase of 3% to 5% Adjusted EBITDA 9,617 Increase of 0% to 3% Increase of 0% to 3% Capital expenditures 3 4,041 Approximately 3,800 Approximately 3,700 Free cash flow 3,045 3,000 to 3,200 3,200 to 3,300 1 Guidance ranges presented as percentages reflect percentage increases over full-year 2024 results.”
Company outlook — Reiterated (“unchanged”)
“Adjusted EBITDA guidance is unchanged due to the seasonality of MLSE's business, with the third quarter being the offseason for the Toronto Maple Leafs and the Toronto Raptors.”
Classified from the release's primary full-year outlook statement.
Capital allocation
Be a strong national company investing in Canada Invested $964 million in capital expenditures, the majority of which was in our network.
SEC original ↗Rogers Communications Inc. — Earnings release (6-K exhibit)EX-99Oct 23, 2025
We used the net proceeds from the network transaction to repay debt, including the remaining $700 million outstanding under our term loan facility, $1.8 billion outstanding under our revolving credit facility, and $1.1 billion and US$1.4 billion to pay the purchase price for our senior notes that we accepted for purchase pursuant to offers to purchase that expired on July 18, 2025 (see Managing our Liquidity and Financial Resources - Cash tender offers for more information).
SEC original ↗Rogers Communications Inc. — Earnings release (6-K exhibit)EX-99Oct 23, 2025
Provided our debt leverage ratio is not greater than 3.25x, at any time between the eighth and twelfth anniversaries of closing, we will have the right to purchase Blackstone's interest in BNSI.
SEC original ↗Rogers Communications Inc. — Earnings release (6-K exhibit)EX-99Oct 23, 2025
Financial Guidance As a result of our focus on recognizing capital efficiencies, we are updating our full-year 2025 guidance ranges for capital expenditures and free cash flow from the ranges provided on July 23, 2025 and initially provided on January 30, 2025.
SEC original ↗Rogers Communications Inc. — Earnings release (6-K exhibit)EX-99Oct 23, 2025
As a result of the MLSE Transaction closing this quarter, our debt leverage ratio 2 has increased to 3.9 as at September 30, 2025.
SEC original ↗Rogers Communications Inc. — Earnings release (6-K exhibit)EX-99Oct 23, 2025
If calculated on an as reported basis without the foregoing adjustment, our debt leverage ratio 2 as at September 30, 2025 was 4.0 (December 31, 2024 - 4.5).
SEC original ↗Rogers Communications Inc. — Earnings release (6-K exhibit)EX-99Oct 23, 2025
Strategy & priorities
For more information about Rogers, including product and service offerings, competitive market and industry trends, our overarching strategy, key performance drivers, and objectives, see Understanding Our Business , Corporate Overview , and Delivering on our Priorities in our 2024 Annual MD A.
SEC original ↗Rogers Communications Inc. — Earnings release (6-K exhibit)EX-99Oct 23, 2025
Be a strong national company investing in Canada Invested $964 million in capital expenditures, the majority of which was in our network.
SEC original ↗Rogers Communications Inc. — Earnings release (6-K exhibit)EX-99Oct 23, 2025
Neither of these transaction options, nor any combination or other potential options, is currently being prioritized.
SEC original ↗Rogers Communications Inc. — Earnings release (6-K exhibit)EX-99Oct 23, 2025
Financial Guidance As a result of our focus on recognizing capital efficiencies, we are updating our full-year 2025 guidance ranges for capital expenditures and free cash flow from the ranges provided on July 23, 2025 and initially provided on January 30, 2025.
SEC original ↗Rogers Communications Inc. — Earnings release (6-K exhibit)EX-99Oct 23, 2025
6 Third Quarter 2025 The decreases in gross and net additions this quarter and year to date were a result of a less active market, slowing population growth as a result of changes to government immigration policies, and our focus on attracting subscribers to our premium 5G Rogers brand.
SEC original ↗Rogers Communications Inc. — Earnings release (6-K exhibit)EX-99Oct 23, 2025
Earnings deck slides
0 decks with slide viewRogers Communications Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Rogers Communications Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Rogers Communications Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Rogers Communications Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
44 documents- Q3 2026
- 6-KRCI
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- Q2 2026
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- Q1 2026
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- Q4 2025
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- EX-99RCI
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- Q3 2025
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- Q2 2025
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- Q1 2025
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- EX-99RCI
Earnings releases
31 documentsPresentations
4 documents
Transcripts
0 documentsNo transcripts for Rogers Communications Inc. are held in this edition of the library.
Mentioned by
4 companiesOther tracked companies whose held documents mention Rogers Communications Inc. by name or ticker. A mention is counted once per document, from the document text the library holds.
“… EX-99.1 Exhibit 99.1 Rogers Communications Declares 50 Cents per Share Quarterly Dividend October 2, 2026 payment date following September 8, 2026 record date TORONTO, July 22, ”
“…shareholders (726) 157 n/m (288) 437 n/m (Loss) earnings per share attributable to RCI shareholders: Basic ($1.34) $0.29 n/m ($0.53) $0.81 n/m Diluted ($1.37) $0.29 n/m ($0.55) $0.79 n/m Adjusted net … …Toronto: Criminal Intent . Be a ”
“1… …Non-controlling interest 61 (9) 105 (9) (Loss) earnings per share attributable to RCI shareholders: Basic 10 ($1.34) $0.29 ($0.53) $0.81 Diluted 10 ($1.37) $0.29 ($0.55) $0.79 The accompanying notes are… …(990) Cash provided by oper”
“…shareholders (726) 157 n/m (288) 437 n/m (Loss) earnings per share attributable to RCI shareholders: Basic ($1.34) $0.29 n/m ($0.53) $0.81 n/m Diluted ($1.37) $0.29 n/m ($0.55) $0.79 n/m Adjusted net … …reaffirms its 2026 outlook • Tot”
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