TELUS Corporation (TU) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 1.05B | 1.13B | 1.07B | 1.17B | 1.08B | 1.08B | 1.43B | 1.39B | 701.29M | 1.31B | 1.31B | 1.12B | 761M | 1.13B | 1.3B | 1.25B | 1.14B | 877M | 1.31B | 1.24B |
| Operating CF Margin % | 21.05% | 20.96% | 21.16% | 23.18% | 21.46% | 20.2% | 28.4% | 28.33% | 14.41% | 25.48% | 26.19% | 22.64% | 15.45% | 22.42% | 28.02% | 28.58% | 26.67% | 19.66% | 30.83% | 30.28% |
| Operating CF Growth % | -2.25% | 4.92% | -25.14% | -15.99% | 53.57% | -18.04% | 9.56% | 24.26% | -7.85% | 16.7% | 0.54% | -10.64% | -32.95% | 28.39% | -0.69% | 0.48% | 20.87% | -15.1% | 45.12% | -14.91% |
| Net Income | 136.35M | 292M | 353.97M | -245M | 301M | 320M | 257M | 221M | 93.75M | 310M | 137M | 196M | 224M | 265M | 551M | 498M | 404M | 663M | 358M | 344M |
| Depreciation & Amortization | 994.56M | 1.05B | 733.8M | 1B | 992M | 1.01B | 968M | 994M | 741.15M | 1.04B | 1B | 1.01B | 1.02B | 929M | 850M | 831M | 842M | 830M | 804M | 793M |
| Stock-Based Compensation | 0 | -144M | 0 | 37M | 42M | 41M | 44M | 39M | 0 | 17M | 27M | 30M | 43M | 24M | 30M | 42M | 26M | 16M | 36M | 52M |
| Deferred Taxes | -34.09M | 0 | -58.88M | -83M | -6M | 118M | -117M | -70M | -72.34M | 87M | -98M | -36M | -93M | -15M | 52M | -5M | -1M | 62M | 6M | -24M |
| Other Non-Cash Items | -18.05M | 174M | -234.07M | 484M | -9M | -91M | -26M | -15M | 95.97M | -144M | 57M | -5M | 31M | -94M | -175M | -4M | -46M | -563M | -31M | -44M |
| Working Capital Changes | -26.07M | -246M | 277.15M | -31M | -243M | -322M | 306M | 219M | -157.24M | 3M | 184M | -74M | -466M | 17M | -8M | -112M | -90M | -131M | 136M | 123M |
| Change in Receivables | 46.12M | -106M | -68.93M | 101M | 210M | -281M | -30M | 64M | 141M | -246M | -124M | 10M | 172M | -149M | -192M | -206M | 252M | -119M | -227M | -53M |
| Change in Inventory | 24.06M | -174M | 21.54M | 81M | 63M | -137M | 38M | 9M | -40.6M | 66M | 30M | 4M | -47M | -38M | -62M | 76M | -65M | -116M | 31M | 58M |
| Change in Payables | -46.12M | 0 | 215.4M | 0 | 0 | 0 | 0 | 0 | -166.09M | 0 | 145M | 0 | -543M | 120M | 210M | -2M | 0 | 0 | 0 | 0 |
| Cash from Investing | -1.15B | -685M | 431.52M | -1.09B | -602M | -671M | -782M | -1.25B | -732.29M | -716M | -791M | -908M | -2.33B | -854M | -1.92B | -1.44B | -1.2B | -1.99B | -1.46B | -860M |
| Capital Expenditures | -1.08B | -685M | -28.72M | -1.09B | -654M | -593M | -679M | -666M | -690.96M | -684M | -769M | -777M | -2.33B | -786M | -1.92B | -1.02B | -1.01B | -860M | -716M | -771M |
| CapEx % of Revenue | 21.55% | 12.71% | 0.57% | 21.73% | 13.03% | 11.12% | 13.47% | 13.59% | 14.2% | 13.27% | 15.41% | 15.75% | 47.37% | 15.65% | 41.31% | 23.23% | 23.8% | 19.28% | 16.86% | 18.76% |
| Acquisitions | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -84.22M | -239M | -27.28M | 0 | 1M | 81M | -5M | -497M | 14.76M | 3M | 6M | -115M | -5M | -18M | -1M | -2M | 1M | -1.57B | -400M | -22M |
| Cash from Financing | -1.22B | 349M | -2.84B | 2.6B | -330M | -351M | -763M | -1.37B | 990.66M | -938M | 39M | -437M | 1.48B | -738M | 1.68B | -204M | 115M | -29M | -164M | -104M |
| Debt Issued (Net) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Equity Issued (Net) | 0 | -40M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | -431.11M | -413M | -292.94M | -405M | -402M | -388M | -384M | -431M | -265.01M | -339M | -338M | -320M | -318M | -308M | -297M | -290M | -293M | -272M | -271M | -251M |
| Share Repurchases | 0 | -40M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 0 | -775M | -10.77M | -31M | 0 | 0 | -26M | 0 | -11.81M | 0 | -16M | -56M | -5M | -47M | -23M | -85M | -14M | 1M | 0 | -13M |
| Net Change in Cash | -1.36B | 794M | -1.39B | 2.67B | 145M | 55M | -113M | -1.24B | 945.58M | -340M | 555M | -228M | -97M | -466M | 1.06B | -392M | 51M | -1.14B | -319M | 280M |
| Free Cash Flow | -25.06M | 445M | 720.87M | 73M | 423M | 467M | 753M | 226M | 10.33M | 630M | 538M | 335M | -1.57B | 340M | -617M | 234M | 122M | -1.54B | 204M | 452M |
| FCF Margin % | -0.5% | 8.26% | 14.23% | 1.45% | 8.43% | 8.76% | 14.93% | 4.61% | 0.21% | 12.22% | 10.78% | 6.79% | -31.92% | 6.77% | -13.3% | 5.35% | 2.87% | -34.54% | 4.8% | 11% |
| FCF Growth % | -105.93% | -4.71% | -4.27% | -67.7% | 3992.97% | -25.87% | 39.96% | -32.54% | 100.66% | 85.29% | 187.2% | 43.16% | -1388.52% | 122.06% | -402.45% | -48.23% | 296.77% | -31.26% | 174.45% | -41.15% |
| FCF per Share | -0.02 | 0.29 | 0.47 | 0.05 | 0.28 | 0.31 | 0.51 | 0.15 | 0.01 | 0.43 | 0.37 | 0.23 | -1.09 | 0.24 | -0.44 | 0.17 | 0.09 | -1.13 | 0.15 | 0.33 |
| FCF Conversion (FCF/Net Income) | 7.72x | 3.87x | 2.17x | 166.57x | 3.36x | 3.01x | 5.11x | 6.09x | 5.52x | 4.56x | 9.61x | 5.59x | 3.51x | 4.54x | 2.53x | 2.67x | 2.95x | 1.36x | 3.79x | 3.71x |
| Interest Paid | 0 | 306M | 399M | 308M | 371M | 319M | 362M | 315M | 0 | 308M | 307M | 295M | 286M | 238M | 203M | 195M | 180M | 180M | 192M | 173M |
| Taxes Paid | 0 | 106M | 77M | 143M | 154M | 100M | 63M | 115M | 0 | 47M | 63M | 152M | 127M | 190M | 91M | 130M | 108M | 186M | 62M | 133M |