Telus Operating Expenses Growth & History (TU)
Telus's operating expenses was $18.14B for fiscal 2025.
View full Telus company overviewTelus annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $18.14B | $561.0M | +3.19% |
| 2024 | 2024-12-31 | $17.58B | −$172.0M | −0.97% |
| 2023 | 2023-12-31 | $17.75B | $2.30B | +14.85% |
| 2022 | 2022-12-31 | $15.46B | $1.27B | +8.98% |
| 2021 | 2021-12-31 | $14.18B | $1.20B | +9.27% |
| 2020 | 2020-12-31 | $12.98B | $1.30B | +11.13% |
| 2019 | 2019-12-31 | $11.68B | $150.0M | +1.30% |
| 2018 | 2018-12-31 | $11.53B | $864.0M | +8.10% |
| 2017 | 2017-12-31 | $10.67B | $50.0M | +0.47% |
| 2016 | 2016-12-31 | $10.62B | — | — |
Telus quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $2.50B | −$2.40B | −49.01% |
| Q1 2026 | 2026-03-31 | $2.63B | — | — |
| Q4 2025 | 2025-12-31 | $2.48B | — | — |
| Q3 2025 | 2025-09-30 | $2.43B | — | — |
| Q2 2025 | 2025-06-30 | $4.91B | $615.0M | +14.33% |
| Q2 2024 | 2024-06-30 | $4.29B | −$72.0M | −1.65% |
| Q2 2023 | 2023-06-30 | $4.36B | $725.0M | +19.92% |
| Q2 2022 | 2022-06-30 | $3.64B | $186.0M | +5.39% |
| Q2 2021 | 2021-06-30 | $3.45B | $359.0M | +11.60% |
| Q2 2020 | 2020-06-30 | $3.09B | $237.0M | +8.30% |
| Q2 2019 | 2019-06-30 | $2.86B | $96.0M | +3.48% |
| Q2 2018 | 2018-06-30 | $2.76B | $163.0M | +6.27% |
| Q2 2017 | 2017-06-30 | $2.60B | — | — |
Telus operating expenses trends
Over the last five fiscal years, Telus's operating expenses increased from $12.98B to $18.14B, a change of $5.16B. The latest reported quarter, Q2 2026, shows $2.50B.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Telus source filings ↗