TELUS CORP
For the period ended Dec 31, 2025. Filed Feb 12, 2026.
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The yearly report of certain Canadian companies, filed under a joint US and Canadian system. It is the main yearly account these companies give US investors, largely as filed in Canada.
FY2025 · Filed Feb 12, 2026
TU$9.11-3.3%Stored close · as of Nov 6, 2026
Contents
EX-99.4 · EBIT – TTech segment
EBIT – TTech segment
| · · · · · · · | |||
|---|---|---|---|
| Years ended December 31 ($ in millions) · · 2025 · · 2024 · · Change · | |||
| · · · · (restated) · · · | |||
| EBITDA | 6,336 | 6,073 | 4% |
| Depreciation | (2,150) | (2,238) | (4)% |
| Amortization of intangible assets | (943) | (917) | 3% |
| EBIT1 | 3,243 | 2,918 | 11% |
| 1 | See Section 11.1 Non-GAAP and other specified financial measures. |
TTech EBIT increased by $325 million in 2025, in line with the increase in EBITDA. TTech depreciation decreased by $88 million in 2025, largely attributable to lower real estate rationalization. TTech amortization increased by $26 million in 2025, primarily from increased additions of software assets.
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