The prime minister said it would give him a mandate to "get Brexit done" and take the UK out of the EU next month.
Jeremy Corbyn said Labour had a "very disappointing night" and he would not fight a future election.
Labour have lost seats across the North, Midlands and Wales in places which backed Brexit in 2016.
Speaking after he was re-elected in Uxbridge, west London, with a slightly higher majority, Prime Minister Boris Johnson said: "It does look as though this One Nation Conservative government has been given a powerful new mandate to get Brexit done."
Speaking at his election count in Islington North, where he was re-elected with a reduced majority, Mr Corbyn said Labour had put forward a "manifesto of hope" but "Brexit has so polarised debate it has overridden so much of normal political debate".
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