Telus (TU) revenue breakdown
By segment, TELUS technology solutions is the largest at 72% of fiscal 2025 revenue; TELUS Health Inc., grew fastest, 15% a year over 1 years.
By product, Service is the largest at 89% of fiscal 2025 revenue, growing 6% a year over 8 years.
Revenue by segment
Fiscal years, as Telus reports them in its 10-K filings; fiscal 2025 total $21.6B.
| Segments | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| TELUS technology solutions | — | — | — | — | $13.6B | $15.0B | $15.8B | $17.2B | $15.8B | $15.6B | 72% |
| TELUS Digital Experience | — | — | — | — | $2.3B | $2.8B | $3.2B | $3.7B | $3.7B | $3.9B | 18% |
| TELUS Health Inc., | — | — | — | — | — | — | — | — | $1.8B | $2.1B | 10% |
| Wireless | $7.2B | $7.7B | $8.2B | $8.2B | — | — | — | — | — | — | — |
| Wireline | $5.9B | $5.9B | $6.4B | $6.8B | — | — | — | — | — | — | — |
Revenue by product
Fiscal years, as Telus reports them in its 10-K filings; fiscal 2025 total $20.3B.
| Products | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|
| Service | $11.3B | $11.9B | $12.4B | $13.3B | $14.5B | $16.0B | $17.5B | $17.6B | $18.0B | 89% |
| Equipment | $2.0B | $2.2B | $2.2B | $2.1B | $2.3B | $2.3B | $2.5B | $2.6B | $2.3B | 11% |
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Where does Telus make its money?
In fiscal 2025, by segment: TELUS technology solutions $15.6B, TELUS Digital Experience $3.9B, TELUS Health Inc., $2.1B.
From Telus's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.