Telus Corp
NYSE: TU · COMMUNICATION SERVICES · TELECOM SERVICES
Updated 2026-06-05
Telus Corp (TU) Financial statements
SEC filings — annual and quarterly data.
Margin trends — annual
| Year | Revenue | Net income | Gross margin | Op. margin | Profit margin |
|---|---|---|---|---|---|
| 2006 | $8.68B | $1.12B | 68.41% | 23.21% | 12.93% |
| 2007 | $9.07B | $1.26B | 66.41% | 21.76% | 13.86% |
| 2008 | $11.75B | $1.37B | 39.76% | 21.40% | 11.69% |
| 2009 | $10.06B | $1.05B | 38.32% | 18.42% | 10.39% |
| 2010 | $9.78B | $1.03B | 38.01% | 19.51% | 10.57% |
| 2011 | $10.40B | $1.22B | 54.54% | 18.93% | 11.72% |
| 2012 | $10.85B | $1.32B | 55.58% | 19.42% | 12.15% |
| 2013 | $11.34B | $1.29B | 56.23% | 19.54% | 11.41% |
| 2014 | $11.93B | $1.43B | 55.57% | 19.97% | 11.95% |
| 2015 | $12.43B | $1.38B | 55.49% | 18.93% | 11.12% |
| 2016 | $12.72B | $1.22B | 55.75% | 17.15% | 9.61% |
| 2017 | $13.20B | $1.46B | 55.04% | 19.73% | 11.06% |
| 2018 | $14.10B | $1.60B | 54.82% | 20.13% | 11.35% |
| 2019 | $14.59B | $1.75B | 58.39% | 20.41% | 11.97% |
| 2020 | $15.34B | $1.21B | 59.14% | 16.18% | 7.87% |
| 2021 | $16.84B | $1.66B | 60.21% | 18.26% | 9.83% |
| 2022 | $18.29B | $1.61B | 61.15% | 16.15% | 8.83% |
| 2023 | $20.00B | $841.00M | 62.32% | 11.81% | 4.20% |
| 2024 | $20.14B | $993.00M | 62.07% | 13.92% | 4.93% |
| 2025 | $20.51B | $1.11B | 33.76% | 11.52% | 5.43% |
Frequently asked questions
What is Telus Corp's revenue?
Telus Corp's trailing twelve-month revenue is $20.32B, and consensus projects about $25.85B by 2030. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is TU?
In its most recent fiscal year, TU ran a gross margin of 33.76%, an operating margin of 11.52%, and a net margin of 5.43%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does TU generate?
TU produced $2.35B in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is TU's balance sheet healthy?
TU holds $2.62B in cash and equivalents against $27.44B in long-term debt, on $15.78B of shareholder equity. That debt is best read against the cash flow the business throws off each year.