Quebecor Inc. (QBRA) Earnings Call Transcripts

Quebecor Inc.'s Latest Earnings Call - Q1 FY2026

In the first quarter of 2026, Quebecor Inc. reported solid financial results, with total revenues of $1.4 billion, up 4% year-over-year, and adjusted net income of $220 million, or $0.97 per share, reflecting a 19% increase. The company also achieved an adjusted EBITDA of $577 million, a 13% increase excluding stock-based compensation. Management maintained a positive outlook, emphasizing their focus on profitable growth and a strong balance sheet, while also navigating a competitive wireless market. No changes to guidance were indicated, but management signaled confidence in sustaining ARPU growth despite competitive pressures.

Reported metrics

Guidance from management

Management maintained their guidance for the year, indicating confidence in sustaining ARPU growth and operational performance despite a competitive environment. No specific revenue or EBITDA guidance changes were noted.

What management said

And I would add to that, Drew, that it's -- obviously, it's easy to understand, but every investment or additional capital expenditures that we're doing in our network, building our network, extending our network brings to the other side of the equation, a reduction or even units, reducing our roaming cost, which is obviously down the road, quite interesting profitable business perspective.

Drew, I just want to come back to your comment about restatement because we don't -- we have made no restatement that we know of. So perhaps you can tell us what you're seeing. We're actually -- sorry?

What analysts pressed on

Analysts expressed concerns about the sustainability of ARPU growth amid aggressive competition and the impact of lower gross adds on future revenue growth. There was also inquiry into the potential effects of wholesale tariff changes on bundled services outside Quebec.

Main topics on the call

• Revenue Growth in Telecom Segment — Quebecor's Telecom segment reported total revenues of $1.2 billion, up 5% year-over-year, driven by a 9.5% increase in wireless revenues. Management stated, "These are record results for our first quarter and a pretty go...
• Adjusted EBITDA Performance — Adjusted EBITDA reached $577 million, marking a 13% increase year-over-year when excluding stock-based compensation. This reflects strong operational efficiency, with an EBITDA margin of 50.9%, up 80 basis points from th...
• ARPU Growth Amid Competitive Environment — Management highlighted that mobile ARPU grew for the second consecutive quarter, reaching $35.89, up 1.4%. They noted, "Our ARPU is actually growing and growing not because we're attracting or retaining customers with sh...
• Debt Reduction and Financial Flexibility — Quebecor reduced its net debt by over $120 million, improving its net debt-to-EBITDA ratio to 2.86x, the lowest in the Canadian telecom sector. Management emphasized their commitment to maintaining a strong balance sheet...

Read the full Quebecor Inc. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 31 Quebecor Inc. earnings call transcripts on record, spanning March 12, 2020 to August 6, 2026. Based on this history, Quebecor Inc. reports quarterly. The most recent call on file is dated August 6, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

QBRA

Exchange

TSX

Country

CA

Sector

Communication Services

Industry

Diversified Telecommunication Services

Calls on record

31

First call

March 12, 2020

Most recent

August 6, 2026

Reporting cadence

quarterly