TELUS Corporation, together with its subsidiaries, operates as a telecommunications company in Canada and internationally. It operates through TELUS Technology Solutions, TELUS ...
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$1.67 per share
Est. EPS $0.13 · Revenue $5.10B · 8 analysts
$1.67 per share
Est. EPS $0.11 · Revenue $5.27B · 7 analysts
EPS CAD -1.17 · Revenue CAD 4.92B
EPS CAD 0.09 · Revenue CAD 4.99B
EPS CAD 0.73 · Revenue CAD 20.35B
EPS CAD 0.32 · Revenue CAD 5.07B
EPS CAD 0.00 · Revenue CAD 5.03B
EPS CAD 0.21 · Revenue CAD 5.02B
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $20.3B | +1.0% | -1.4% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $1.1B | +12.1% | -1452.9% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +62.1% | +76.8% | -9.7% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | +11.6% | -16.6% | -9.7% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | +5.5% | +10.9% | -1471.9% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $2.4B | +61.0% | +2860.0% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | +11.6% | +59.4% | +2898.7% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 199.4% | +4.6% | +18.7% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 0.86x | +27.8% | -0.6% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $59.6B | +2.7% | -3.5% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | 0.73 vs 0.71 | +3.3% | -1.17 vs 0.14 | -928.7% |
| Revenue Surprise | $20.3B vs $20.6B | -1.4% | $4.9B vs $5.1B | -2.6% |
Operator: Good day, everyone. Welcome to the TELUS 2026 Q2 Earnings Conference Call. I would like to introduce your speaker, Ian McMillan. Please go ahead. Ian McMillan: Thank you, Karl, and hello, everyone. Thank you for joining us. Our second quarter 2026 news release, MD&A, financial statements and detailed supplemental investor information were posted on our website earlier this morning. Today's agenda will include opening remarks from Victor Dodig, President -- TELUS President and Chief Executive Officer; and Gopi Chande, our Executive Vice President and Chief Financial Officer. After the presentation, there will be a question-and-answer period, followed by brief closing remarks by Victor. Turning to Slide 2. Prepared remarks, slides and answers to questions contain forward-looking statements. Actual results could vary from these statements. Additionally, please note that all dollar amounts referenced today are in Canadian dollars, unless otherwise stated. The assumptions on which they are based and the material risks that could cause them to differ are outlined in our public filings with securities commissions in Canada and the United States, including our Q2 2026 and 2025 annual MD&A. With that, let me turn the meeting over to Victor beginning on Slide 3. Victor Dodig: Thank you, Ian. Hello, everyone, and thank you for joining us on today's earnings call, which is my first as President and CEO of TELUS. I'm excited to be here, and I look forward to working with all of you. I want to start by recognizing Darren Entwistle. Over the past 26 years, together with our team, Darren built the network, the culture and the foundation of our company, and we are grateful for his service and the impact that he's had. For those of you who are new to TELUS or new to me, let me provide a brief background for context. Prior to joining TELUS as CEO, I was President and CEO of CIBC for 11 years. Before my planned retirement in October 2025, I spent over 20 years with the bank leading businesses and gaining financial and operational experience. Working for and leading CIBC has given me a deep understanding and appreciation for customer service excellence; managing in highly regulated industries; building a collaborative culture; and nurturing the strategic plan, talent and execution discipline required to transform an organization. In addition, I've served as a Director of the TELUS Board for 3 years, which has provided the on-ramp to shepherd the work we need to do here going forward. So please turn to Slide 4. Today, I will discuss how we're accelerating the TELUS transformation and driving progress with intentionality and with speed to deliver improved performance. The plan, which I'll outline, will see us build on our strong foundation. We will drive financial discipline. We will simplify our business. We will restore balance sheet strength. We will drive greater operational discipline, and we will focus investments in our core telecom business and …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
Darren Entwistle | Adviser | CAD 2,019,338 | Male | 1964 | Active |
Douglas French | Advisor | CAD 1,012,426 | Male | 1966 | Active |
Navin Arora | EVP and President of Business Solutions, Health, Agriculture, Consumer Goods & Partner Solutions | CAD 971,732 | Male | 1972 | Active |
Zainul Mawji | EVP & President of Telus Consumer Solutions | CAD 819,375 | Female | — | Active |
Sandy McIntosh | Executive Vice President of People & Culture and Chief Human Resources Officer | CAD 671,799 | Female | — | Active |
Francois Cote | Executive Vice President | CAD 407,119 | Male | 1958 | Active |
Victor G. Dodig | CEO, President & Director | CAD 231,782 | Male | 1966 | Active |
Jim Senko | EVP & Chief Product Officer of Consumer Solutions | — | Male | — | Active |
Robert Mitchell | Head of Investor Relations | — | Male | — | Active |
Andrea Louise Wood | Executive Vice President and Chief Legal & Governance Officer | — | Female | — | Active |
Jill Schnarr | Chief Communications & Brand Officer | — | Female | — | Active |
Gopi Chande | Chief Financial Officer | — | Female | — | Active |
On July 29, 2026, TELUS Corp (TU) shares rose 4.1% to a current price of $11.13, reflecting a notable recovery in the stock's performance amid a 52-week range o
Bank of Nova Scotia boosted its holdings in TELUS Corporation (NYSE: TU) (TSE: T) by 20.4% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 21,108,090 shares of the Wireless communications provider's stock after purchasing an additional 3,571,734 shares during the quarter. Bank
On December 3rd, 2025, Telus froze its dividend growth. Seven months later, the stock sits near a decade low, and the yield has climbed above 11%. I sold Telus after the freeze because I invest for dividend growth. When growth stops, my capital moves to a business that will continue to reward me. Can Telus turn around? Right now we are in hope territory, not on solid ground. I am not saying it will not happen.
The heavy selling pressure might have exhausted for Telus (TU) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Senior telecom executive David Fuller rejoins the company to lead consolidated consumer and business telecom portfolio as of September 1 st Navin Arora appointed EVP and Group President, Global Platform Businesses, to drive value creation across a streamlined global portfolio Zainul Mawji, EVP, TELUS Consumer Solutions, transitions from the company after 25 years of significant contributions to TELUS and the communities it serves VANCOUVER, BC, July 22, 2026 /PRNewswire/ -- TELUS Corporation (TSX: T) (NYSE: TU) today announced changes to its executive leadership as a first step in a transformation of the company's core telecom business to drive sustainable growth. This reorganization is designed to drive enhanced customer service, align capital and resources to the highest margin products, services and customer segments, and realize operational efficiencies across the organization.
