TELUS Corporation (TU) Earnings History
Earnings Pressure28 years of earnings data (1998–2025) · 5-year EPS trend is negative
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TELUS Corporation (TU) Earnings Overview
As of July 7, 2026, TELUS Corporation (TU) reported trailing twelve-month net income of $928M, reflecting +7.5% year-over-year growth. The company earned $0.59 per diluted share over the past four quarters, with a net profit margin of 5.4%.
Looking at the long-term picture, TU's 5-year EPS compound annual growth rate (CAGR) stands at -5.2%, signaling declining earnings. The company achieved its highest annual net income of $1.75B in fiscal 2019.
TELUS Corporation maintains positive profitability with a gross margin of 33.8%, operating margin of 11.5%, and net margin of 5.4%. The company continues to generate positive earnings from operations. View revenue history →
Compared to peers including BCE ($6.28B net income, 26.4% margin), T ($21.41B net income, 17.4% margin), VZ ($17.34B net income, 12.4% margin), TU has room to improve margins relative to the peer group. Compare TU vs BCE →
TU Earnings vs Peers
Earnings metrics vs comparable public companies
TU Historical Earnings Data (1998–2025)
28 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $1.11B | +12.1% | $2.36B | $0.72 | 5.4% | 11.5% |
| 2024 | $993M | +18.1% | $2.80B | $0.67 | 4.9% | 13.9% |
| 2023 | $841M | -47.9% | $2.36B | $0.58 | 4.2% | 11.8% |
| 2022 | $1.61B | -2.4% | $2.95B | $1.15 | 8.8% | 16.1% |
| 2021 | $1.66B | +37.1% | $3.07B | $1.23 | 9.8% | 18.3% |
| 2020 | $1.21B | -30.9% | $2.48B | $0.94 | 7.9% | 16.2% |
| 2019 | $1.75B | +9.1% | $2.98B | $1.45 | 12.0% | 20.4% |
| 2018 | $1.60B | +9.6% | $2.84B | $1.34 | 11.4% | 20.1% |
| 2017 | $1.46B | +19.4% | $2.60B | $1.32 | 11.1% | 19.7% |
| 2016 | $1.22B | -11.5% | $2.18B | $1.03 | 9.6% | 17.1% |
| 2015 | $1.38B | -3.0% | $2.35B | $1.15 | 11.1% | 18.9% |
| 2014 | $1.43B | +10.1% | $2.38B | $1.16 | 11.9% | 20.0% |
| 2013 | $1.29B | -1.8% | $2.21B | $1.00 | 11.4% | 19.5% |
| 2012 | $1.32B | +8.1% | $2.11B | $0.92 | 12.1% | 19.4% |
| 2011 | $1.22B | +17.9% | $1.97B | $0.94 | 11.7% | 18.9% |
| 2010 | $1.03B | -1.1% | $1.91B | $0.82 | 10.6% | 19.5% |
| 2009 | $1.05B | -23.9% | $1.85B | $0.79 | 10.4% | 18.4% |
| 2008 | $1.37B | +9.1% | $2.51B | $0.88 | 11.7% | 21.4% |
| 2007 | $1.26B | +12.1% | $1.97B | $0.94 | 13.9% | 21.8% |
| 2006 | $1.12B | +60.3% | $2.01B | $0.83 | 12.9% | 23.2% |
| 2005 | $700M | +23.8% | $1.67B | $0.49 | 8.6% | 20.5% |
| 2004 | $566M | +70.7% | $1.45B | $0.39 | 7.5% | 19.1% |
| 2003 | $332M | +244.8% | $1.16B | $0.23 | 4.6% | 16.3% |
| 2002 | -$229M | -150.5% | $378M | $-0.18 | -3.3% | 5.4% |
| 2001 | $454M | -1.6% | $837M | $0.38 | 6.3% | 11.6% |
| 2000 | $461M | +31.8% | $1.25B | $0.46 | 7.2% | 19.5% |
| 1999 | $350M | +383.0% | $1.15B | $0.37 | 6.1% | 20.0% |
| 1998 | $72M | - | $369M | $0.07 | 1.5% | 7.6% |
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TU — Frequently Asked Questions
Quick answers to the most common questions about buying TU stock.
What is TU earnings per share (EPS)?
TU trailing twelve-month (TTM) diluted EPS is $0.59, reflecting +7.5% year-over-year growth. The 5-year EPS CAGR is -5.2%. Complete EPS history from 1998 to 2025 is available in the table on this page.
What is TELUS Corporation's net income?
TELUS Corporation (TU) trailing twelve-month net income is $928M as of 2025. Earnings grew +7.5% year-over-year. TELUS Corporation has been profitable for 23 consecutive years.
Is TU profitable?
Yes, TU is profitable with a TTM net income of $928M and a net profit margin of +5.4%. TELUS Corporation has generated profits for 23 consecutive years.
What is TU's earnings growth rate?
TU compound annual EPS growth rates (CAGR): 1-Year: +7.5%, 3-Year: -14.5%, 5-Year: -5.2%, 10-Year: -4.6%. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 1998 to 2025.
What are TU's profit margins?
TELUS Corporation net profit margin is +5.4%, operating margin is +11.5%, and gross margin is +33.8%. Margins are within a typical range for the sector. Return on Equity is +6.7%.
Is TU growing earnings?
TU is growing earnings steadily. YoY EPS growth of +7.5% is consistent with the 5-year CAGR of -5.2%. TTM net income is $928M.
What was TU's best earnings year?
TELUS Corporation's highest annual net income on record is $1.7B, achieved in fiscal year 2019. Earnings history on this page spans 1998 to 2025 and includes all annual and quarterly figures.
What were TU's earnings last quarter?
TU's most recent reported quarter was Q1 2026. Net income was $136M with diluted EPS of $0.09. For a full breakdown of all quarters, see the quarterly earnings table on this page.