TU

MKT CAP:$19B

TELUS Corporation

Market Cap

$19B

Communication Services·Telecommunications Services·🇨🇦 Canada·NYSE

Communication·Telecommunications·🇨🇦·NYSE

Stock Price

$12.30-$0.81 (-6.18%)

Apr 21, 2026

Company Details

TELUS Corporation, together with its subsidiaries, provides a range of telecommunications and information technology products and services in Canada. It operates through Technology Solutions and Digitally-Led Customer Experiences segments. ...

CEO

Darren Entwistle

IPO Date

Jun 11, 1996

Website

www.telus.com

Key Metrics TTM

Revenue

$11.0B

— YoY

Net Income

$1.1B

EPS (Diluted)

$0.87

Free Cash Flow

$954M

Revenue / Share

$7.17

Gross Margin

46.9%

Operating Margin

18.0%

Net Margin

9.8%

FCF Margin

8.7%

P/S

1.7x

P/E

17.9x

Earnings Reports

Q1 2026

May 8, 2026

PENDING

FY 2025

Feb 12, 2026

$15.0BEPS $0.53

Q4 2025

Feb 12, 2026

$3.9BEPS $0.14

Q1 2018

Apr 6, 2018

$2.4BEPS $0.26

Q3 2016

Nov 4, 2016

$2.4BEPS $0.22

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 16	$2.3B	$1.3B	$468M
Q2 16	$2.3B	$1.3B	$504M
Q3 16	$2.4B	$1.3B	$450M
Q1 18	$2.4B	$1.4B	$525M
Q4 25	$3.9B	$1.1B	$507M

Valuation

Quarter	P/S	P/E
Q1 16	—	—
Q2 16	—	—
Q3 16	—	—
Q1 18	2.2x	18.2x
Q4 25	1.8x	18.5x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 16	$411M	-$61M
Q2 16	$652M	$97M
Q3 16	$754M	$235M
Q1 18	$612M	$73M
Q4 25	$826M	$549M

Capital Expenditures

Quarter	CapEx
Q1 16	$472M
Q2 16	$555M
Q3 16	$520M
Q1 18	$539M
Q4 25	$277M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 25	+74.1%	+91.2%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 16	$12M	0.5%
Q2 16	$16M	0.7%
Q3 16	$20M	0.8%
Q1 18	$13M	0.5%
Q4 25	-$105M	-2.7%

OpEx Breakdown

Quarter	G&A
Q1 16	$488M
Q2 16	$459M
Q3 16	$498M
Q1 18	$512M
Q4 25	$1.1B

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$452M	$0	$452M
Q2 22	$217M	$0	$217M
Q3 22	$760M	$0	$760M
Q4 22	$712M	$0	$712M
Q1 23	$474M	$0	$474M
Q2 23	$358M	$0	$358M
Q3 23	$648M	$0	$648M
Q4 23	$631M	$0	$631M
Q1 24	$1.6B	$0	$1.6B
Q2 24	$677M	$0	$677M
Q3 24	$595M	$0	$595M
Q4 24	$635M	$0	$635M
Q1 25	$741M	$0	$741M
Q2 25	$2.7B	$0	$2.7B
Q3 25	$959M	$0	$959M
Q4 25	$1.9B	$0	$1.9B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 16	1.19B	—	—
Q2 16	1.19B	0.0%	—
Q3 16	1.18B	-0.3%	—
Q1 18	1.19B	+0.5%	—
Q4 25	1.54B	+29.1%	+29.4%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 16	$70.8K	32K
Q2 16	$71.3K	32K
Q3 16	$73.8K	32K
Q1 18	$76.6K	32K
Q4 25	$123.3K	32K

Revenue / Employee