Quarterly ResultAug 6, 2026, 08:09 AM
BCE Q2 Revenue $6.18B, Net Earnings $629M; Issues $1.6B Debt
AI Summary
BCE reported mixed financial results for Q2 2026, with operating revenues increasing 1.5% to $6,176 million and Adjusted EBITDA growing 1.0% to $2,702 million. However, net earnings decreased 2.3% to $629 million, and EPS declined 4.8% to $0.60. Adjusted net earnings and Adjusted EPS showed growth, and cash flows from operating activities increased significantly. The company also undertook substantial debt financing and repurchase activities, and its brand value saw a notable increase.
Key Highlights
- Operating revenues increased 1.5% to $6,176 million in Q2 2026.
- Net earnings decreased 2.3% to $629 million in Q2 2026.
- Adjusted EBITDA grew 1.0% to $2,702 million in Q2 2026.
- Adjusted EPS rose 3.2% to $0.65 per common share in Q2 2026.
- Cash flows from operating activities increased 11.0% to $2,162 million.
- Bell Canada completed public offerings of $1.6 billion in MTN debentures and $650 million (US$) in senior notes.
- Bell Canada repurchased $1,453 million of MTN debentures and $878 million (US$) of U.S. notes.
- Bell was named Canada's most valuable telecom brand, with brand value up 41% to $9.5 billion (US$).
- Bell CTS high-speed Internet subscribers increased 7.3% to 4.9 million.
Price Impact
More from BCE