Telus TU Revenue Breakdown

NYSE TU
$8.18 -0.21 (-2.50%)
As of: Oct 1, 2026 · 11:45 AM EDT
Annual revenue breakdowns for Telus, fiscal 2016 to 2025, as reported in its filings.
Annual history

Telus Revenue by Segments [axis]

Years FY 2016–2025
Lines 4
FY 2025 Total $12.46B

Fixed was Telus’s largest segment in fiscal 2025, bringing in $6.04B of $12.46B (48%).

Telus revenue by segments [axis], fiscal 2016 to 2025
Segments [axis] FY 2016 FY 2018 FY 2020 FY 2021 FY 2023 FY 2024 FY 2025
Fixed $7.55B $5.99B $6.04B
Mobile $7.06B $2.26B $2.05B
Telus Technology Solutions — $2.54B $2.33B
Telus Health Inc., — $1.78B $2.04B
Total $17.51B $12.56B $12.46B
Totals include 4 discontinued lines from earlier reporting.

Telus revenue by segments [axis]: what the figures show

Telus brought in $12.46B from its four segments in fiscal 2025, the year ended December 31, 2025. That was down 0.9% from $12.56B in fiscal 2024. Fixed was the largest at $6.04B (48.5%), ahead of Telus Technology Solutions at $2.33B (18.7%) and Mobile at $2.05B (16.5%). The remaining segment, Telus Health Inc.,, brought in $2.04B.

Compared with fiscal 2024, Telus Health Inc., grew fastest, up 14.7% to $2.04B, while Mobile fell the most, down 9.1% to $2.05B.

Telus began breaking out Telus Health Inc., in fiscal 2024, when it brought in $1.78B. Telus stopped reporting Telus Digital Experience as a separate segment after fiscal 2023, when it brought in $2.90B.

Annual history

Telus Revenue by Products And Services

Years FY 2018–2025
Lines 2
FY 2025 Total $9.41B

Service was Telus’s largest revenue line in fiscal 2025, bringing in $7.08B of $9.41B (75%).

Telus revenue by products and services, fiscal 2018 to 2025
Products And Services FY 2018 FY 2020 FY 2021 FY 2023 FY 2024 FY 2025
Service $7.55B $7.10B $7.08B
Equipment $2.16B $2.54B $2.33B
Total $9.71B $9.64B $9.41B

Telus revenue by products and services: what the figures show

Telus brought in $9.41B from its two revenue lines in fiscal 2025, the year ended December 31, 2025. That is less than the $12.46B it reports by segments [axis], so these revenue lines do not cover all of its revenue. Service was the largest at $7.08B (75.2%), ahead of Equipment at $2.33B (24.8%).

Compared with fiscal 2024, Service fell 0.3% to $7.08B and Equipment fell 8.3% to $2.33B.

Annual history

Telus Revenue by Retrospective application & retrospective restatement [axis]

Years FY 2017–2018
Lines 3
FY 2018 Total $3.63B

Ifrs 15 Effects was Telus’s largest revenue line in fiscal 2018, bringing in $1.42B of $3.63B (39%).

Telus revenue by retrospective application and retrospective restatement [axis], fiscal 2017 to 2018
Retrospective application and retrospective restatement [axis] FY 2017 FY 2018
Excluding Effects Of Ifrs 15 $12.48B $792.00M
Ifrs 15 Effects — $1.42B
Allocation Of Transaction Price (Affecting Timing Of Revenue Recognition) — $1.42B
Total $12.48B $3.63B

Telus revenue by retrospective application and retrospective restatement [axis]: what the figures show

Telus brought in $3.63B from its three revenue lines in fiscal 2018, the year ended December 31, 2018. Telus regrouped these revenue lines after fiscal 2017, so the total does not compare directly with that year's $12.48B. Ifrs 15 Effects was the largest at $1.42B (39.1%), ahead of Allocation Of Transaction Price (Affecting Timing Of Revenue Recognition) at $1.42B (39.1%) and Excluding Effects Of Ifrs 15 at $792.00M (21.8%).

Telus began breaking out Ifrs 15 Effects in fiscal 2018 and Allocation Of Transaction Price (Affecting Timing Of Revenue Recognition) in fiscal 2018.

Questions

Telus Revenue Breakdown FAQ

How does Telus make money?

Telus (TU) reports its revenue by segments [axis], by products and services and by retrospective application and retrospective restatement [axis]. In fiscal 2025, Fixed was its largest segment, bringing in $6.04B (48.5% of the total), followed by Telus Technology Solutions at $2.33B (18.7%).

What is Telus' largest segment?

Fixed was Telus' largest segment in fiscal 2025, bringing in $6.04B, or 48.5% of the $12.46B total across its four segments.

What is Telus' largest revenue line?

Service was Telus' largest revenue line in fiscal 2025, bringing in $7.08B, or 75.2% of the $9.41B total across its two revenue lines.

Which Telus segment is growing the fastest?

Among Telus' segments that make up at least 2% of revenue, Telus Health Inc., grew fastest in fiscal 2025, up 14.7% from $1.78B to $2.04B.

Where does this revenue breakdown data come from?

Every figure comes from Telus' annual financial filings, as reported. Each line keeps the name Telus gives it, and years follow its fiscal calendar.

How far back does Telus' revenue breakdown go?

Telus' revenue by segments [axis] goes back to fiscal 2016, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.