TELUS CORP

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Year	Revenue YoY	Gross margin	Cash & equivalents
(Filed on February 12, 2026)	+5.6%	88.3%	$1.9B
TELUS Digital, a subsidiary listed as a public company in 2024, was privatized during fiscal 2025, as evidenced by the shift in Deloitte fee disclosures from 'TELUS Digital (as a public company)' in 2024 audit-related fees to 'TELUS Digital (post privatization)' in 2025 audit fees. Deloitte performed due diligence during fiscal 2025 on the formation of, and a deal to sell, a non-controlling equity interest in TELUS's Terrion LP subsidiary, as well as on potential business acquisitions and divestitures, indicating active portfolio-restructuring and M&A activity. The supplied Form 40-F text is limited to the registrant's cover page, governance, and fee disclosures; it contains no further granular operating metrics, partnership, restructuring, or roadmap detail. Substantive full-year operational disclosure resides in the incorporated-by-reference Annual Information Form (Exhibit 99.3) and Audited Financial Statements/MD&A (Exhibit 99.4), which were not included in the provided filing text.
(Filed on February 12, 2026)	-6.7%	87.7%	$604.9M

(Filed on February 13, 2025)	+11.9%	88.1%	$653.4M

(Filed on February 9, 2024)	+0.5%	87.5%	$718.9M

(Filed on February 9, 2023)	+11.7%	87.3%	$566.7M

(Filed on February 10, 2022)	+7.7%	87.1%	$664.1M

(Filed on February 11, 2021) (Filed on February 14, 2020)	+6.5%	85.7%	$410.2M

(Filed on February 14, 2020) (Filed on February 14, 2019)	-1.1%	85.1%	$304.2M

(Filed on February 14, 2019)	+12.5%	85.3%	$405.2M

(Filed on February 8, 2018)	—	85.6%	—

Year

Revenue YoY

Gross margin

Cash & equivalents

(Filed on February 12, 2026)

+5.6%

88.3%

$1.9B

TELUS Digital, a subsidiary listed as a public company in 2024, was privatized during fiscal 2025, as evidenced by the shift in Deloitte fee disclosures from 'TELUS Digital (as a public company)' in 2024 audit-related fees to 'TELUS Digital (post privatization)' in 2025 audit fees.
Deloitte performed due diligence during fiscal 2025 on the formation of, and a deal to sell, a non-controlling equity interest in TELUS's Terrion LP subsidiary, as well as on potential business acquisitions and divestitures, indicating active portfolio-restructuring and M&A activity.
The supplied Form 40-F text is limited to the registrant's cover page, governance, and fee disclosures; it contains no further granular operating metrics, partnership, restructuring, or roadmap detail. Substantive full-year operational disclosure resides in the incorporated-by-reference Annual Information Form (Exhibit 99.3) and Audited Financial Statements/MD&A (Exhibit 99.4), which were not included in the provided filing text.

(Filed on February 12, 2026)

-6.7%

87.7%

$604.9M

(Filed on February 13, 2025)

+11.9%

88.1%

$653.4M

(Filed on February 9, 2024)

+0.5%

87.5%

$718.9M

(Filed on February 9, 2023)

+11.7%

87.3%

$566.7M

(Filed on February 10, 2022)

+7.7%

87.1%

$664.1M

(Filed on February 11, 2021)

(Filed on February 14, 2020)

+6.5%

85.7%

$410.2M

(Filed on February 14, 2020)

(Filed on February 14, 2019)

-1.1%

85.1%

$304.2M

(Filed on February 14, 2019)

+12.5%

85.3%

$405.2M

(Filed on February 8, 2018)

—

85.6%

—