The financials
TELUS Corporation by the numbers
TELUS Corporation (TU) reported revenue of CAD 10.4B in H2 2025 (quarter ended December 31, 2025), up 108% from the same quarter a year earlier. That came with a gross margin of 87% and net income of CAD 785M (7.6% of revenue). For the full year FY2025, revenue was CAD 20.5B (+0.6% year on year) and net income CAD 1.11B.
| Income statement | H2 2025 | Q2 2024 | Change |
|---|---|---|---|
| Revenue | CAD 10.4B | CAD 4.97B | +108% |
| Gross profit | CAD 9.07B | CAD 4.37B | +107% |
| Operating income | CAD 1.44B | CAD 682M | +111% |
| Net income | CAD 785M | CAD 228M | +244% |
| Diluted EPS | CAD 0.50 | CAD 0.15 | +233% |