TU FY 2025 Earnings Report — TELUS Corporation Revenue & Financial Results | Market Cap Arena

TELUS CorporationTU

FY 2025 Earnings

Reported February 12, 2026

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2025	Prior Q	FY 2024	QoQ Change	YoY Change
Revenue	$15.0B	—	—	—	—
Op. Income	$1.7B	—	—	—	—
Gross Margin	33.8%	—	—	—	—
Net Margin	5.4%	—	—	—	—
EPS (Diluted)	$0.53	—	—	—	—
Free Cash Flow	$1.7B	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$15.0B
Cost of Revenue	$9.9B
GROSS PROFIT	$5.1B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$3.3B
Operating Expenses	$3.3B
Cost & Expenses	$13.3B
OPERATING INCOME	$1.7B
Interest Income	$41M
Interest Expense	$1.1B
Other Income/Expenses	-$848M
INCOME BEFORE TAX	$878M
Income Tax Expense	$311M
Net Income from Continuing Ops	$568M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$813M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$813M
D&A	$3.0B
EBIT	$2.1B
EBITDA	$5.1B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$15.0B
Cost of Revenue	$9.9B
GROSS PROFIT	$5.1B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$3.3B
Operating Expenses	$3.3B
Cost & Expenses	$13.3B
OPERATING INCOME	$1.7B
Interest Income	$41M
Interest Expense	$1.1B
Other Income/Expenses	-$848M
INCOME BEFORE TAX	$878M
Income Tax Expense	$311M
Net Income from Continuing Ops	$568M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$813M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$813M
D&A	$3.0B
EBIT	$2.1B
EBITDA	$5.1B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$813M
Depreciation & Amortization	$3.0B
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	-$147M
Change in Working Capital	-$77M
OPERATING CASH FLOW	$3.6B
Capital Expenditure	-$1.8B
Acquisitions (Net)	-$388M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$4M
NET CASH FROM INVESTING	-$2.2B
Net Debt Issuance	$844M
Common Stock Repurchased	-$29M
Common Dividends Paid	-$1.2B
Other Financing Activities	$321M
NET CASH FROM FINANCING	-$54M
FREE CASH FLOW	$1.7B
Net Change in Cash	$1.3B

Balance Sheet

Item	Amount
Cash & Equivalents	$1.9B
Short-Term Investments	$0
Net Receivables	$3.1B
Inventory	$352M
Other Current Assets	$434M
TOTAL CURRENT ASSETS	$6.1B
PP&E (Net)	$12.8B
Goodwill	$7.6B
Intangible Assets	$14.9B
Long-Term Investments	$851M
Tax Assets	$0
Other Non-Current Assets	$1.3B
TOTAL NON-CURRENT ASSETS	$37.4B
TOTAL ASSETS	$43.6B
Account Payables	$718M
Short-Term Debt	$2.9B
Deferred Revenue	$0
Other Current Liabilities	$3.4B
TOTAL CURRENT LIABILITIES	$7.1B
Long-Term Debt	$20.1B
Deferred Revenue NC	$147M
Deferred Tax Liabilities	$3.1B
Other Non-Current Liabilities	$1.0B
TOTAL NON-CURRENT LIABILITIES	$24.4B
TOTAL LIABILITIES	$31.4B
Common Stock	$10.3B
Additional Paid-In Capital	$1.2B
Retained Earnings	$72M
Treasury Stock	$0
Accum. Other Comp. Income	$3M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$11.5B
Minority Interest	$588M
TOTAL EQUITY	$12.1B
TOTAL LIABILITIES & EQUITY	$43.6B
Total Debt	$23.0B
Net Debt	$21.1B