Rogers Q3 revenue reaches C$5.44 billion as growth continues

• Rogers Communications reported third-quarter revenue of C$5.443 billion, up 2% year over year, while adjusted EBITDA increased 1% to C$2.535 billion.
• Net income fell 91% to C$495 million, while free cash flow increased 65% to C$1.370 billion as capital spending declined to C$524 million.
• Rogers completed its C$4.35 billion purchase of MLSE’s remaining 25% stake and reaffirmed its 2026 outlook, while pursuing a minority sale of Rogers Sports.

Rogers Communications (NYSE:RCI) reported third-quarter 2026 revenue of C$5.443 billion, up 2% year over year, while adjusted EBITDA increased 1% to C$2.535 billion.

Net income fell 91% to C$495 million, largely reflecting a prior-year comparison that included a C$5 billion non-cash gain.

Free cash flow increased 65% to C$1.370 billion as capital spending declined to C$524 million, while wireless service revenue fell 1%, cable service revenue remained stable and media revenue rose 9%.

Rogers completed its C$4.35 billion cash acquisition of Kilmer Sports’ remaining 25% stake in Maple Leaf Sports & Entertainment (MLSE) on October 1, 2026, bringing its ownership to 100%.

The company used short-term credit facilities to fund the MLSE transaction and is pursuing a minority sale of Rogers Sports by the first half of 2027, with proceeds expected to repay debt.

The company operates wireless and cable communications businesses alongside media assets and sports investments, including MLSE, which owns several professional sports teams and related entertainment properties.