Rogers Communications Income Statement

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	21,712	20,604	19,308	15,396	14,655
Revenue Growth (YoY)	5.38%	6.71%	25.41%	5.06%	5.31%
Cost of Revenue	11,892	10,987	10,727	9,003	8,768
Gross Profit	9,820	9,617	8,581	6,393	5,887
Selling, General & Admin	-5	-5	-13	-1	14
Operating Expenses	4,797	4,611	4,108	2,575	2,599
Operating Income	5,023	5,006	4,473	3,818	3,288
Interest Expense	-2,071	-2,123	-1,905	-1,170	-802
Interest & Investment Income	-	-	-	46	42
Earnings From Equity Investments	-	8	-412	-31	-44
Currency Exchange Gain (Loss)	45	-222	111	-127	-10
Other Non Operating Income (Expenses)	-137	45	-266	63	-23
EBT Excluding Unusual Items	2,860	2,714	2,001	2,599	2,451
Merger & Restructuring Charges	-439	-406	-685	-310	-324
Gain (Loss) on Sale of Investments	4,985	-2	50	-	-
Gain (Loss) on Sale of Assets	69	-	-	-	-
Other Unusual Items	151	-	-	-	-
Pretax Income	7,626	2,306	1,366	2,289	2,127
Income Tax Expense	720	572	517	609	569
Earnings From Continuing Operations	6,906	1,734	849	1,680	1,558
Minority Interest in Earnings	-12	-	-	-	-
Net Income	6,894	1,734	849	1,680	1,558
Net Income to Common	6,894	1,734	849	1,680	1,558
Net Income Growth	297.58%	104.24%	-49.46%	7.83%	-2.14%
Shares Outstanding (Basic)	541	534	523	505	505
Shares Outstanding (Diluted)	541	535	524	506	506
Shares Change (YoY)	1.15%	2.10%	3.56%	-	-
EPS (Basic)	12.74	3.25	1.62	3.33	3.09
EPS (Diluted)	12.74	3.20	1.62	3.32	3.07
EPS Growth	297.66%	98.20%	-51.31%	8.03%	-1.89%
Free Cash Flow	2,352	1,580	1,179	1,418	1,373
Free Cash Flow Per Share	4.35	2.95	2.25	2.80	2.71
Dividend Per Share	2.000	2.000	2.000	2.000	2.000
Gross Margin	45.23%	46.67%	44.44%	41.52%	40.17%
Operating Margin	23.14%	24.30%	23.17%	24.80%	22.44%
Profit Margin	31.75%	8.42%	4.40%	10.91%	10.63%
Free Cash Flow Margin	10.83%	7.67%	6.11%	9.21%	9.37%
EBITDA	9,370	9,214	8,223	6,120	5,627
EBITDA Margin	43.16%	44.72%	42.59%	39.75%	38.40%
D&A For EBITDA	4,347	4,208	3,750	2,302	2,339
EBIT	5,023	5,006	4,473	3,818	3,288
EBIT Margin	23.14%	24.30%	23.17%	24.80%	22.44%
Effective Tax Rate	9.44%	24.80%	37.85%	26.61%	26.75%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.