TELUS Corporation (TU)
NYSE: TU · Real-Time Price · USD
8.91
-0.01 (-0.11%)
Nov 10, 2026, 9:30 AM EST - Market open
TELUS Income Statement
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
| 20,159 | 20,346 | 20,139 | 20,005 | 18,292 | 16,838 | |
Revenue Growth | -1.41% | 1.03% | 0.67% | 9.37% | 8.63% | 9.76% |
Cost of Revenue | 13,028 | 13,164 | 13,062 | 12,974 | 11,774 | 10,808 |
Gross Profit | 7,131 | 7,182 | 7,077 | 7,031 | 6,518 | 6,030 |
Amortization of Goodwill & Intangibles | 1,631 | 1,605 | 1,523 | 1,555 | 1,226 | 1,090 |
Other Operating Expenses | -76 | -61 | -13 | -18 | -11 | -4 |
Operating Expenses | 3,950 | 3,980 | 3,944 | 4,015 | 3,432 | 3,205 |
Operating Income | 3,181 | 3,202 | 3,133 | 3,016 | 3,086 | 2,825 |
Interest Expense | -1,568 | -1,511 | -1,405 | -2,401 | -859 | -779 |
Interest & Investment Income | 71 | 56 | 39 | 29 | 21 | 20 |
Earnings From Equity Investments | - | - | - | -26 | -7 | -10 |
Currency Exchange Gain (Loss) | 48 | 54 | 36 | -3 | 25 | 3 |
Other Non Operating Income (Expenses) | - | - | -231 | 1,141 | 193 | - |
EBT Excluding Unusual Items | 1,732 | 1,801 | 1,572 | 1,756 | 2,459 | 2,059 |
Merger & Restructuring Charges | -831 | -450 | -572 | -754 | -208 | -141 |
Impairment of Goodwill | -2,435 | -500 | - | - | - | - |
Gain (Loss) on Sale of Investments | 45 | 101 | 104 | 19 | 34 | 4 |
Gain (Loss) on Sale of Assets | - | - | - | - | - | 410 |
Asset Writedown | -500 | - | - | - | - | -7 |
Other Unusual Items | -24 | 250 | 124 | 68 | 37 | -47 |
Pretax Income | -2,013 | 1,202 | 1,228 | 1,089 | 2,322 | 2,278 |
Income Tax Expense | 43 | 425 | 290 | 222 | 604 | 580 |
Earnings From Continuing Operations | -2,056 | 777 | 938 | 867 | 1,718 | 1,698 |
Minority Interest in Earnings | -23 | 336 | 55 | -26 | -103 | -43 |
Net Income | -2,079 | 1,113 | 993 | 841 | 1,615 | 1,655 |
Net Income to Common | -2,079 | 1,113 | 993 | 841 | 1,615 | 1,655 |
Net Income Growth | - | 12.08% | 18.07% | -47.93% | -2.42% | 37.12% |
Shares Outstanding (Basic) | 1,569 | 1,531 | 1,488 | 1,451 | 1,396 | 1,346 |
Shares Outstanding (Diluted) | 1,569 | 1,535 | 1,493 | 1,457 | 1,403 | 1,351 |
Shares Change | 2.84% | 2.81% | 2.47% | 3.85% | 3.85% | 5.71% |
EPS (Basic) | -1.33 | 0.73 | 0.67 | 0.58 | 1.16 | 1.23 |
EPS (Diluted) | -1.34 | 0.72 | 0.67 | 0.58 | 1.15 | 1.22 |
EPS Growth | - | 7.89% | 15.14% | -49.60% | -5.74% | 29.79% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Free Cash Flow | 2,334 | 2,351 | 2,097 | 1,317 | 1,164 | 1,291 |
Free Cash Flow Per Share | 1.49 | 1.53 | 1.41 | 0.90 | 0.83 | 0.96 |
Dividend Per Share | 1.443 | 1.653 | 1.557 | 1.454 | 1.356 | 1.271 |
Dividend Growth | -11.88% | 6.21% | 7.03% | 7.28% | 6.66% | 7.26% |
Gross Margin | 35.37% | 35.30% | 35.14% | 35.15% | 35.63% | 35.81% |
Operating Margin | 15.78% | 15.74% | 15.56% | 15.08% | 16.87% | 16.78% |
Profit Margin | -10.31% | 5.47% | 4.93% | 4.20% | 8.83% | 9.83% |
Free Cash Flow Margin | 11.58% | 11.55% | 10.41% | 6.58% | 6.36% | 7.67% |
EBITDA | 4,581 | 5,650 | 5,675 | 5,621 | 5,406 | 4,993 |
EBITDA Margin | 22.72% | 27.77% | 28.18% | 28.10% | 29.55% | 29.65% |
D&A For EBITDA | 1,400 | 2,448 | 2,542 | 2,605 | 2,320 | 2,168 |
EBIT | 3,181 | 3,202 | 3,133 | 3,016 | 3,086 | 2,825 |
EBIT Margin | 15.78% | 15.74% | 15.56% | 15.08% | 16.87% | 16.78% |
Effective Tax Rate | - | 35.36% | 23.62% | 20.39% | 26.01% | 25.46% |
Revenue as Reported | 20,229 | 20,506 | 20,386 | 20,116 | 18,412 | 17,258 |