Rogers Communications reported fourth-quarter revenues of CAD 6.2 billion, marking a 13% increase year-over-year and surpassing consensus forecasts by roughly 2%. The topline was bolstered by broad-based strength across its three core divisions—wireless, cable and media—delivering the company’s highest quarterly growth rate since Q2 2024. Management highlighted that service revenues contributed 85% of the total, with equipment sales accounting for the remainder.

The Media segment delivered standout performance, generating CAD 1.3 billion in revenue, up 20% year-over-year. Rogers attributed this surge to robust advertising demand during major sporting events and an expanded subscriber base for content platforms. Sports viewership minutes rose 15% compared with the prior-year quarter, while national advertising revenues jumped 18%, reflecting higher pricing and improved fill rates in prime‐time slots.

Adjusted EBITDA climbed 11% to CAD 2.1 billion, translating into a margin expansion of 130 basis points to 34%. The company’s free cash flow reached CAD 1.0 billion, up 8% year-over-year, driven by disciplined capital spending and improved working capital dynamics. Rogers raised its full-year adjusted EBITDA guidance to a range of CAD 8.5 billion–8.7 billion and reiterated plans to return CAD 1.5 billion to CAD 1.7 billion to shareholders through dividends and share repurchases in fiscal 2026.