$4.93B 1.2%Missed EPS -25.0%
Total revenue, Q2 '26 (CAD).

Did Telus Beat Earnings?

Telus (TU) reported Q2 '26 revenue of $4.93B, down 2.0% year-over-year, with reported EPS of $0.12. That came in 25.0% below the $0.16 analyst estimate — an earnings miss.

AltIndex tracks earnings alongside 25+ alternative data signals that can move ahead of the report — Telus’s job postings, web traffic, and employee business outlook. See the full TU stock analysis or the earnings calendar for upcoming reports.

TU Earnings Surprise History (EPS vs. Estimate)

QuarterEstimated EPSReported EPSSurprise
Q2 '26 $0.16 $0.12 Missed -25.0%
Q1 '26 $0.17 $0.17 Met +0.0%
Q4 '25 $0.18 $0.15 Missed -16.7%
Q3 '25 $0.19 $0.17 Missed -10.5%
Q2 '25 $0.17 $0.16 Missed -5.9%
Q1 '25 $0.16 $0.19 Beat +18.8%

Telus Quarterly Financial Trends (CAD)

MetricQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Revenue5.04B5.33B5.02B5.03B5.07B5.39B4.99B4.93B
Gross margin63.0%59.9%63.2%63.1%61.7%28.7%62.8%100.0%
Operating margin15.6%14.2%15.0%3.5%14.6%12.9%10.1%-31.9%
Net income280M358M321M7M493M292M136M-1.84B
Net margin5.6%6.7%6.4%0.1%9.7%5.4%2.7%-37.3%
EPS$0.20$0.17$0.19$0.16$0.17$0.15$0.17$0.12

Telus Earnings Trend Analysis

Over the eight quarters from Q3 '24 to Q2 '26, Telus’s quarterly revenue moved from $5.04B to $4.93B. Net margin compressed from 5.6% to -37.3%, against a 100% gross margin in the most recent quarter — a read on whether revenue growth is translating into profit. Telus has beaten Wall Street EPS estimates in 4 of its last 8 reported quarters.

When Is Telus’s Next Earnings Date?

Telus reports earnings on a quarterly schedule. Its most recent report covered Q2 '26. For the confirmed upcoming date — and every other company reporting soon — see the TU earnings calendar.

Frequently Asked Questions: Telus Earnings

Telus's next earnings date has not been confirmed yet. See the earnings calendar for all upcoming reports.

Telus reported Q2 '26 EPS of $0.12 on revenue of $4.93B (-2.0% YoY). Telus missed estimates, reporting $0.12 vs. the $0.16 estimate.

Telus reported Q2 '26 revenue of $4.93B, down 2.0% from the same quarter a year earlier.

Signals like job postings, web traffic, and employee sentiment reflect business activity in real time and can move before quarterly results are reported. AltIndex combines them with 25+ others in the TU AI Score.

The analytics provided are estimates and not a substitute for professional advice. All investments involve risks, including possible capital loss.