Financials · TU
For fiscal 2025 (ended Dec 31, 2025), Telus Corporation reported C$20.51B of revenue and C$1.11B of net income. Figures are in CAD, the currency of its SEC filings.
TU revenue was C$20.51B for fiscal 2025 (ended Dec 31, 2025), up 0.6% from fiscal 2024. Compound annual growth was +5.8% over 5 years. It rose in each of the last 9 fiscal years. Fiscal 2025 is the highest of the 10 fiscal years on file.
TU net income was C$1.11B for fiscal 2025 (ended Dec 31, 2025), up 12.1% from fiscal 2024. Compound annual growth was -1.6% over 5 years. It rose in 6 of the last 9 fiscal years.
TU diluted EPS was C$0.72 for fiscal 2025 (ended Dec 31, 2025), up 7.5% from fiscal 2024. Compound annual growth was -5.2% over 5 years.
TU free cash flow was C$2.14B for fiscal 2025 (ended Dec 31, 2025), down 3.2% from fiscal 2024. Compound annual growth was +2.4% over 5 years. It rose in 6 of the last 9 fiscal years.
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | C$20.51B | C$20.39B | C$20.12B | C$18.41B | C$17.26B | C$15.46B | C$14.66B | C$14.37B | C$13.41B | C$12.80B |
| Cost of revenue | C$2.40B | C$2.50B | C$2.40B | C$2.30B | C$2.20B | C$2.00B | C$2.10B | C$2.10B | C$1.98B | C$1.84B |
| Gross profit | C$18.11B | C$17.89B | C$17.72B | C$16.11B | C$15.06B | C$13.46B | C$12.56B | C$12.27B | C$11.43B | C$10.96B |
| Operating income | C$2.36B | C$2.80B | C$2.36B | C$2.95B | C$3.07B | C$2.48B | C$2.98B | C$2.84B | C$2.74B | C$2.18B |
| Interest expense | C$1.21B | C$1.61B | C$1.30B | C$649.00M | C$812.00M | C$778.00M | C$740.00M | C$670.00M | C$580.00M | C$523.00M |
| Pre-tax income | C$1.20B | C$1.23B | C$1.09B | C$2.32B | C$2.28B | C$1.71B | C$2.24B | C$2.18B | C$2.17B | C$1.66B |
| Income tax | C$425.00M | C$290.00M | C$222.00M | C$604.00M | C$580.00M | C$451.00M | C$468.00M | C$552.00M | C$590.00M | C$426.00M |
| Net income | C$1.11B | C$993.00M | C$841.00M | C$1.61B | C$1.66B | C$1.21B | C$1.75B | C$1.60B | C$1.56B | C$1.22B |
| EPS, basic | C$0.73 | C$0.67 | C$0.58 | C$1.16 | C$1.23 | C$0.95 | C$1.45 | C$1.34 | C$1.31 | C$1.03 |
| EPS, diluted | C$0.72 | C$0.67 | C$0.58 | C$1.15 | C$1.22 | C$0.94 | C$1.45 | C$1.34 | C$1.31 | C$1.03 |
| Diluted shares | 1.53B | 1.49B | 1.46B | 1.40B | 1.35B | 1.28B | 1.20B | 1.19B | 1.19B | 1.19B |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | C$2.62B | C$869.00M | C$864.00M | C$974.00M | C$723.00M | C$848.00M | C$535.00M | C$414.00M | C$509.00M | C$432.00M |
| Receivables | C$3.80B | C$3.69B | C$3.60B | C$3.32B | C$2.67B | C$2.35B | C$1.96B | C$1.60B | C$1.61B | C$1.47B |
| Current assets | C$8.37B | C$6.63B | C$6.31B | C$6.09B | C$5.03B | C$4.68B | C$4.35B | C$3.84B | C$3.87B | C$2.47B |
| Goodwill | C$10.46B | C$10.56B | C$10.06B | C$9.13B | C$7.27B | C$7.16B | C$5.31B | C$4.75B | C$4.24B | C$3.79B |
| Total assets | C$59.61B | C$58.03B | C$56.14B | C$54.07B | C$47.98B | C$43.27B | C$37.98B | C$33.06B | C$31.05B | C$27.73B |
| Current liabilities | C$9.69B | C$9.84B | C$9.48B | C$8.29B | C$8.27B | C$5.91B | C$5.57B | C$4.84B | C$5.04B | C$4.95B |
| Long-term debt | C$27.44B | C$25.61B | C$23.36B | C$22.50B | C$17.93B | C$18.86B | C$17.14B | C$13.27B | C$12.26B | C$11.60B |
| Total debt | C$27.44B | C$25.61B | C$23.36B | C$22.50B | C$17.93B | C$18.86B | C$17.14B | C$13.27B | C$12.26B | C$11.60B |
| Total liabilities | C$43.03B | C$41.23B | C$38.83B | C$36.41B | C$31.92B | C$30.70B | C$27.33B | C$22.72B | C$21.59B | C$19.79B |
| Shareholders' equity | C$15.78B | C$15.62B | C$17.30B | C$17.66B | C$16.06B | C$12.57B | C$10.66B | C$10.18B | C$9.46B | C$9.03B |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | C$4.87B | C$4.85B | C$4.50B | C$4.81B | C$4.39B | C$4.57B | C$3.93B | C$4.06B | C$3.95B | C$3.22B |
| Capital expenditures | C$2.73B | C$2.64B | C$2.62B | C$3.29B | C$3.19B | C$2.67B | C$2.77B | C$2.38B | C$2.49B | C$2.36B |
| Free cash flow | C$2.14B | C$2.21B | C$1.88B | C$1.52B | C$1.20B | C$1.90B | C$1.16B | C$1.68B | C$1.46B | C$861.00M |
| Investing cash flow | -C$3.04B | -C$3.70B | -C$4.75B | -C$5.41B | -C$5.47B | -C$6.17B | -C$5.04B | -C$2.98B | -C$3.64B | -C$2.92B |
| Financing cash flow | -C$74.00M | -C$1.14B | C$139.00M | C$848.00M | C$953.00M | C$1.90B | C$1.24B | -C$1.18B | -C$227.00M | -C$87.00M |
| Dividends paid | - | C$1.56B | C$1.31B | C$1.19B | C$1.04B | C$930.00M | C$1.15B | C$1.14B | C$1.08B | C$1.07B |
| Share repurchases | C$40.00M | - | - | - | - | - | - | C$100.00M | - | C$179.00M |
| Stock-based compensation | C$144.00M | C$151.00M | C$117.00M | C$122.00M | C$139.00M | C$27.00M | -C$2.00M | C$16.00M | C$17.00M | -C$2.00M |
| Depreciation and amortization | C$4.06B | C$4.04B | C$4.07B | C$3.45B | C$3.22B | C$3.01B | C$2.58B | C$2.27B | C$2.17B | C$2.05B |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 0.6% | 1.3% | 9.3% | 6.7% | 11.6% | 5.5% | 2.0% | 7.2% | 4.8% | - |
| Net income growth, YoY | 12.1% | 18.1% | -47.9% | -2.4% | 37.1% | -30.9% | 9.1% | 2.6% | 27.5% | - |
| EPS growth, YoY | 7.5% | 15.5% | -49.6% | -5.7% | 29.8% | -35.2% | 8.2% | 1.9% | 27.7% | - |
| Gross margin | 88.3% | 87.7% | 88.1% | 87.5% | 87.3% | 87.1% | 85.7% | 85.4% | 85.3% | 85.6% |
| Operating margin | 11.5% | 13.8% | 11.7% | 16.0% | 17.8% | 16.1% | 20.3% | 19.7% | 20.4% | 17.0% |
| Net margin | 5.4% | 4.9% | 4.2% | 8.8% | 9.6% | 7.8% | 11.9% | 11.1% | 11.6% | 9.6% |
| Free cash flow margin | 10.4% | 10.8% | 9.3% | 8.3% | 7.0% | 12.3% | 7.9% | 11.7% | 10.9% | 6.7% |
| Return on equity | 7.1% | 6.4% | 4.9% | 9.1% | 10.3% | 9.6% | 16.4% | 15.7% | 16.5% | 13.5% |
| Return on assets | 1.9% | 1.7% | 1.5% | 3.0% | 3.4% | 2.8% | 4.6% | 4.8% | 5.0% | 4.4% |
| Current ratio | 0.86 | 0.67 | 0.67 | 0.74 | 0.61 | 0.79 | 0.78 | 0.79 | 0.77 | 0.50 |
| Debt to equity | 1.74 | 1.64 | 1.35 | 1.27 | 1.12 | 1.50 | 1.61 | 1.30 | 1.30 | 1.28 |
Source: XBRL data Telus Corporation files with the SEC, latest filing dated Feb 12, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
Per-share figures and share counts are restated for stock splits the filings show: 2-for-1, first reported Feb 11, 2021.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| TU | C$20.51B | +0.6% | C$1.11B | 5.4% | $14.48B |
| VZ | $139.39B | +1.4% | $16.42B | 11.8% | $189.35B |
| TMUS | $93.82B | +9.3% | $11.30B | 12.0% | $171.61B |
| T | $128.85B | +3.5% | $13.13B | 10.2% | $145.71B |
| GLW | $17.72B | +18.8% | $2.24B | 12.6% | $91.42B |
| AMX | MXN 943.64B | +8.6% | MXN 82.82B | 8.8% | $77.40B |
| LITE | $3.74B | +103.2% | -$6.58B | -175.8% | $48.85B |
| CHT | NT$236.11B | +2.7% | NT$38.70B | 16.4% | $38.67B |
| VOD | €40.46B | +8.0% | -€397.00M | -1.0% | $36.05B |