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Inferra AI / Company / TU

Telus Corp

TU · Communication Services

Last earnings Jul 31, 2026

Key results

Consolidated free cash flowquarter

$2.45 billion

Consolidated Free Cash Flow of approximately $2.45 billion or 10 per cent growth

SEC original ↗Telus Corp — Earnings release (6-K exhibit)EX-99May 8, 2026

Revenuequarter

$5.0 billion

1 Consolidated operating revenues and other income was $5.0 billion, compared with $5.1 billion in the prior year, as higher Consolidated service revenue growth of 1 per cent was offset by lower Mobile equipment revenue and Other income.

SEC original ↗Telus Corp — Earnings release (6-K exhibit)EX-99May 8, 2026

Capexquarter

$2.3 billion

This positions us to execute on our strategic priorities in 2026 including amplifying profitable revenue growth, moderating capital expenditures to approximately $2.3 billion and generating strong free cash flow of approximately $2.45 billion.

SEC original ↗Telus Corp — Earnings release (6-K exhibit)EX-99May 8, 2026

Free cash flowquarter

$2.45 billion

This positions us to execute on our strategic priorities in 2026 including amplifying profitable revenue growth, moderating capital expenditures to approximately $2.3 billion and generating strong free cash flow of approximately $2.45 billion.

SEC original ↗Telus Corp — Earnings release (6-K exhibit)EX-99May 8, 2026

Stable cash from operations of $1,050 million and strong Free Cash Flow growth of 19 per cent to $583 million, underscores our solid financial foundation, as we deliver on the objectives and targets we have established with our investors.

SEC original ↗Telus Corp — Earnings release (6-K exhibit)EX-99May 8, 2026

Net incomequarter

$144 million

As compared to the same period a year ago, net income in the quarter of $144 million and Basic earnings per share (EPS) of $0.09 declined by 52 per cent and 57 per cent, respectively.

SEC original ↗Telus Corp — Earnings release (6-K exhibit)EX-99May 8, 2026

EPSquarter

$0.09

As compared to the same period a year ago, net income in the quarter of $144 million and Basic earnings per share (EPS) of $0.09 declined by 52 per cent and 57 per cent, respectively.

SEC original ↗Telus Corp — Earnings release (6-K exhibit)EX-99May 8, 2026

Adjusted net incomequarter

$356 million

When excluding certain costs and other adjustments (see ‘ Reconciliation of adjusted Net income ’ in this news release), adjusted net income of $356 million decreased by 8 per cent over the same period last year, while adjusted basic EPS of $0.23 was down 12 per cent over the same period last year.

SEC original ↗Telus Corp — Earnings release (6-K exhibit)EX-99May 8, 2026

Free cash flow of $583 million increased by 19 per cent compared to the same period a year ago, largely driven by a decrease in net income taxes paid, partially offset by higher capital expenditures.

SEC original ↗Telus Corp — Earnings release (6-K exhibit)EX-99May 8, 2026

AI analysis

Q1 2026 · reported May 8, 2026

Based on: Earnings release (6-K exhibit) + parent 6-K — transcript not held

Revenue · Q1 2026
$5.0B
-2.0% -$100M vs year ago computed from stated figures
EX-99 · May 8, 2026
EPS · Q1 2026
$0.09
EX-99 · May 8, 2026
Consolidated free cash flow · Q1 2026
$2.45B
EX-99 · May 8, 2026
Net income · Q1 2026
$144M
EX-99 · May 8, 2026

The quarter in charts

Revenue — quarterly

As stated

0246$5.1BSame quarter last year$5.0BQ1 2026

EX-99 · May 8, 2026 Statement values as stated in the release.

Capex & free cash flow

As stated

0123$2.3BCapex Q$2.45BFree cash flow Q

EX-99 · May 8, 2026 Values as labeled in the release.

Headline figures

MetricQ1 2026Prior qtrYear ago
Consolidated free cash flow$2.45 billion——
Revenue$5.0 billion—$5.1 billion
Capex$2.3 billion——
Free cash flow$2.45 billion——
Net income$144 million——
EPS$0.09——
Adjusted net income$356 million——

EX-99 · May 8, 2026

Guidance · company-stated

No guidance located in the held release

Stated figure2% to 4%
Next earningsNo verified date on fileNo date is estimated or imported

Cash flow & capex

Consolidated free cash flow$2.45B
Capex$2.3B
Free cash flow$2.45B

Capital allocation

Capex$2.3B
Free cash flow$2.45B
Consolidated capex$651M

This positions us to execute on our strategic priorities in 2026 including amplifying profitable revenue growth, moderating capital expenditures to approximately $2.3 billion and generating strong free cash flow of approximately $2.45 billion.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

Telus Corp — Earnings release (2026-05-08)

Based on: Earnings release (6-K exhibit) + parent 6-K — transcript not held

Guidance & outlook

No guidance located in the held release

Capital allocation

This positions us to execute on our strategic priorities in 2026 including amplifying profitable revenue growth, moderating capital expenditures to approximately $2.3 billion and generating strong free cash flow of approximately $2.45 billion.

SEC original ↗Telus Corp — Earnings release (6-K exhibit)EX-99May 8, 2026

Our focus remains on strong Free Cash Flow generation, supported by EBITDA growth, capex intensity moderation and ongoing efficiency and synergy realization.

SEC original ↗Telus Corp — Earnings release (6-K exhibit)EX-99May 8, 2026

As part of our disciplined capital allocation strategy, we continue to maintain our dividend at the current level while we have systematically started to reduce the discount on our dividend reinvestment plan.

SEC original ↗Telus Corp — Earnings release (6-K exhibit)EX-99May 8, 2026

Free cash flow of $583 million increased by 19 per cent compared to the same period a year ago, largely driven by a decrease in net income taxes paid, partially offset by higher capital expenditures.

SEC original ↗Telus Corp — Earnings release (6-K exhibit)EX-99May 8, 2026

Consolidated capital expenditures of $651 million increased by $64 million or 11 per cent in the first quarter of 2026.

SEC original ↗Telus Corp — Earnings release (6-K exhibit)EX-99May 8, 2026

Capital expenditures in support of TTech operations of $564 million increased by $57 million in the first quarter of 2026, primarily from greater capital investments in developing new facilities to meet growing industry demand.

SEC original ↗Telus Corp — Earnings release (6-K exhibit)EX-99May 8, 2026

Strategy & priorities

” “TELUS Health delivered another quarter of strong growth, achieving service revenue and Adjusted EBITDA growth of 11 per cent, fueled by strategic investments, continuous product innovation and disciplined execution across our global platforms.

SEC original ↗Telus Corp — Earnings release (6-K exhibit)EX-99May 8, 2026

Our financial advisors continue to support our comprehensive review of strategic partnership opportunities for TELUS Health.

SEC original ↗Telus Corp — Earnings release (6-K exhibit)EX-99May 8, 2026

” “Through TELUS Digital, we are accelerating our enterprise-wide AI and data capabilities, enabling the strategic cross-promotion of our industry-leading AI product set throughout our entire business portfolio, while enhancing TELUS Digital’s capacity to capture growth opportunities across its external client base.

SEC original ↗Telus Corp — Earnings release (6-K exhibit)EX-99May 8, 2026

Our AI-enabling capabilities delivered strong double-digit growth of 22 per cent in the first quarter, demonstrating the compelling momentum of our AI-driven strategy as we progress toward our target of circa $2 billion in 2028 across TELUS Digital and TELUS Business Solutions, including contributions from our Sovereign AI Factories.

SEC original ↗Telus Corp — Earnings release (6-K exhibit)EX-99May 8, 2026

The strategic expansion of our AI capabilities is supported by the integration of TELUS Digital, which continues to unlock meaningful operational efficiencies, with annual cash synergies of approximately $150 million to $200 million tracking against plan, realizing annualized free cash flow synergies of approximately $115 million as at the end of the first quarter of 2026.

SEC original ↗Telus Corp — Earnings release (6-K exhibit)EX-99May 8, 2026

Risks & headwinds

By their nature, forward-looking statements are subject to inherent risks and uncertainties and are based on assumptions, including assumptions about future economic conditions and courses of action.

SEC original ↗Telus Corp — Earnings release (6-K exhibit)EX-99May 8, 2026

1 , receiving royal assent on March 26, 2026 Risks and uncertainties that could cause actual performance or events to differ materially from the forward-looking statements made herein and in other TELUS filings include, but are not limited to, the following: · Regulatory matters .

SEC original ↗Telus Corp — Earnings release (6-K exhibit)EX-99May 8, 2026

Risks and uncertainties include: o our ability to maintain customer service and operate our network in the event of human error or human-caused threats, such as cyberattacks and equipment failures that could cause network outages; o technical disruptions and infrastructure breakdowns; o delays and rising costs, including as a result of government restrictions or trade actions; and o the completeness and effectiveness of business continuity and disaster recovery plans and responses.

SEC original ↗Telus Corp — Earnings release (6-K exhibit)EX-99May 8, 2026

Team members may face greater mental health challenges associated with the significant change initiatives at the organization, which may result in the loss of key team members through short-term and long-term disability and churn.

SEC original ↗Telus Corp — Earnings release (6-K exhibit)EX-99May 8, 2026

Real estate investments are exposed to possible financing risks and uncertainty related to future demand, occupancy and rental rates, especially following the pandemic.

SEC original ↗Telus Corp — Earnings release (6-K exhibit)EX-99May 8, 2026

Geopolitical uncertainties and changes in trade policies and agreements, including tariffs or trade restrictions, could increase our costs, disrupt our supply chains and adversely affect our operations and financial results.

SEC original ↗Telus Corp — Earnings release (6-K exhibit)EX-99May 8, 2026

Documents

Earnings deck slides

0 decks with slide view

Telus Corp — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

T-Mobile US (TMUS) Communication ServicesSea Limited (SE) Communication ServicesRoblox (RBLX) Communication ServicesBaidu (BIDU) Communication ServicesAT&T (T) Communication ServicesSpotify Technology (SPOT) Communication ServicesComcast (CMCSA) Communication ServicesNetEase (NTES) Communication Services

Filings

55 documents

Earnings releases

16 documents

Presentations

1 document

Transcripts

0 documents

No transcripts for Telus Corp are held in this edition of the library.

Mentioned by

8 companies

Other tracked companies whose held documents mention Telus Corp by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.