Rogers Q4 Profit Rises on Blue Jays Media Surge

Toronto, Ontario - Rogers Communications Inc. reported stronger-than-expected fourth-quarter results on Thursday, driven by robust media segment performance tied to the Toronto Blue Jays' run to Game 7 of the World Series, helping the company lift profits and revenue year over year.

The Canadian telecommunications giant, which owns the Blue Jays, posted a profit attributable to shareholders of C$743 million, or C$1.37 per diluted share, for the quarter ended December 31, 2025. That marked an increase from C$558 million, or C$1.02 per share, in the same period of 2024. On an adjusted basis, earnings per share reached C$1.51, surpassing the C$1.42 average estimate from analysts surveyed by Bloomberg and up from C$1.46 a year earlier.

Total revenue climbed 13 percent to C$6.17 billion from C$5.48 billion in the prior year, with the media division leading the gains. Media revenue, which encompasses sports assets including the Blue Jays, surged to C$1.24 billion, more than doubling from C$547 million. The boost stemmed partly from Rogers doubling its stake in Maple Leaf Sports and Entertainment, the entity that owns the Blue Jays and other Toronto sports teams, effective July 1,...