The company reported a loss attributable to common shareholders of $1.8 billion or $1.17 per share for the quarter ended June 30. The results compared with a profit of $7 million in the same quarter last year.
Operating revenue and other income totalled $4.92 billion, down from $5.08 billion a year earlier.
On an adjusted basis, Telus says it earned 16 cents per share in its latest quarter compared with an adjusted profit of 22 cents per share a year earlier.
Telus also announced a quarterly dividend to its shareholders of 18 cents per share, payable on Oct. 1.
Shopify reports higher profit in second quarter from a year ago
Shopify Inc. (TSX:SHOP)
Numbers for its second quarter:
- Profit: $1.5 billion (up from profit of $906 million a year ago)
- Revenue: $3.58 billion (up from $2.68 billion a year ago)
Shopify Inc. reported a net profit of US$1.5 billion for its second quarter, up from a profit of US$906 million in the same quarter last year.
The company, which keeps its books in U.S. dollars, says its revenue totalled US$3.58 billion, up from US$2.68 billion in the second quarter of 2025. The increase came as subscription solutions revenue totalled US$802 million, up from US$656 million a year ago.
Merchant solutions revenue rose to US$2.78 billion, up from US$2.02 billion. It reported an operating income of US$488 million, up from US$291 million a year ago.
For the third quarter, the company says it expects its revenue to grow at a low-thirties percentage rate on a year-over-year basis.
Suncor posts higher second-quarter profit of $3.7 billion
Suncor Energy Inc. (TSX:SU)
Numbers for its second quarter:
- Profit: $3.7 billion (up from profit of $1.13 billion a year ago)
- Revenue: $7.8 billion (up from $5.8 billion a year ago)
Oilsands giant Suncor Energy Inc. has reported net earnings of $3.7 billion for the second quarter, up from a profit of $1.13 billion a year earlier. That amounted to a profit of $3.17 per share for the quarter ended June 30, up from 93 cents a year earlier.
Adjusted operating earnings, which Suncor considers a better gauge of its underlying performance because it filters out the effects of unusual items, were $3.8 billion, or $3.23 per share. That’s up from the prior-year quarter, when Suncor had adjusted operating earnings of $873 million, or 71 cents per share.
Operating revenues, net of royalties, were $7.8 billion for the period, up from $5.8 billion from a year ago.
Total upstream production was 760,900 barrels per day in the second quarter, down from 808,000 in the same 2025 period.
Thomson Reuters reports higher Q2 profit, raises 2026 outlook
Thomson Reuters Corp. (TSX:TRI)
Numbers for its second quarter:
- Profit: $448 million (up from profit of $313 million a year ago)
- Revenue: $1.95 billion (up from $1.79 billion a year ago)
Thomson Reuters Corp. reported a second-quarter profit of US$448 million, up from US$313 million a year earlier, as it raised its full-year outlook. The company, which keeps its books in U.S. dollars, says the profit amounted to US$1.02 per diluted share for the quarter ended June 30. The result was up from 69 cents US in the second quarter of 2025.
On an adjusted basis, Thomson Reuters reported a profit of 99 cents US per share for the quarter, up from an adjusted profit of 87 cents US per share in the same quarter last year.
Revenue for the quarter rose 9%, totalling US$1.95 billion, up from US$1.79 billion.
The company estimates its full-year outlook for total and organic revenue growth to be about 8%, up from its previous 7.5–8% range.
