EarningsQ4 2026 Earnings Report
MX:TLSN Q4 2026 EPS Results
Actual EPS$1.27
Consensus EPS$1.27
Beat/MissMet expectations
One Year Ago EPS$1.21
MX:TLSN Q4 2026 Revenue Results
Actual Revenue$136.35B
Expected Revenue$143.31B
Beat/MissMissed by -$6.96B
YoY Revenue Growth-1.97%
Earnings Announcement Details
QuarterQ4 2026
Date08/12/2026
TimeAfter Close
Conference CallWednesday, August 12, 2026
MX:TLSN Upcoming Earnings
Telstra Corporation Limited's next earnings date is estimated for February 17, 2027, based on past reporting schedules.
Q4 2026 Earnings Call Audio
MX:TLSN Q4 2026 Earnings Call
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Q4 2026 Earnings Slide Deck
Q4 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The results show clear financial and operational progress: underlying EBITDA and cash earnings growth, a materially higher cash EPS (+14%), rising dividends (+10.5%) and continued heavy investment across mobile and digital infrastructure (Aura momentum, subsea partnerships). Management also delivered net operating leverage and concrete AI and workforce upskilling milestones. The principal negatives are a high‑profile July network outage (with ongoing regulatory review), elevated one‑off remediation and redundancy costs, some weakness in enterprise/international segments and continued SIO pressure in parts of the consumer base. On balance the company is demonstrating growth, disciplined capital allocation (buybacks plus CapEx) and strategic positioning in digital infrastructure, while exposure to execution, regulatory and reputational risk from the outage and elevated project costs remains.Company Guidance
Underlying EBITDA and Earnings Growth
Underlying EBITDAaL increased 4% to $8.3 billion; reported EBITDAaL up 3% to $8.2 billion. Net profit after tax up 2.7% to $2.4 billion and reported EPS up 5.3% to $0.199. Cash EPS grew 14% to $0.255, supported by BAU CapEx broadly flat and D&A growth.
Strong Cash Earnings and Cash Flow
Cash EBIT grew 8% to $4.7 billion and cash earnings grew 12% to $2.9 billion, enabling higher returns to shareholders and further strategic investment.
Shareholder Returns — Dividends and Buybacks
Total dividend for FY'26 was $0.21 per share, a 10.5% increase on prior year (final dividend $0.105, 90.5% franked). Completed $1.25 billion on‑market buyback in FY'26 and announced a further on‑market buyback of up to $1.0 billion.
Network and CapEx Investment Momentum
More than $9.5 billion invested in mobile network over last 5 years (including $3.8 billion in regional Australia); total CapEx & spectrum > $19 billion in last 5 years. FY'26 network upgrades included ~1,200 sites upgraded to 5G Advanced, 150+ new mobile sites and 1,800+ sites upgraded with backup power.
Network Resilience Metrics
Of ~165,000 mains power interruptions per year across fixed and mobile, ~97% had no customer-impact in FY'26 due to backup power investments. Network Experience Index lifted by 1.6 points.
Digital Infrastructure (Aura) Progress
Aura Network over half built with >8,500 km of fiber in ground and six routes ready for service. Sales pipeline significantly increased; project expected to deliver mid‑teens IRR and ~9 year cash payback. Total strategic investment to FY'28 now expected at ~ $1.8 billion (up from $1.6 billion).
Commercial Wins and Partnerships
Long‑term contracts signed with large cloud/AI firms (Google, AWS, Microsoft, Firmus); subsea cable capacity increased via partnerships (Google, Keppel); on‑sold >50% of acquired subsea capacity to customers including hyperscalers.
AI, Data and Workforce Upskilling
Data & AI academy expansion: >15,000 employees completed at least one course; 86% of Copilot license users used it weekly in June and company control plane implemented to monitor AI usage. Reduced number of data platforms and aiming to consolidate to 3 platforms (17 today reported).
Operating Efficiency and Positive Operating Leverage
Positive operating leverage of ~2 percentage points achieved (in line with Connected Future 30 targets). Operating cost reductions driven by portfolio simplification, productivity improvements and divestments, with cash EBIT costs reduced by ~ $530 million.
FY'27 Guidance
Guidance provided for continued underlying EBITDA growth to $8.5–$8.8 billion, BAU CapEx $3.35–$3.65 billion (lift in network investment), cash EBIT $4.75–$4.95 billion and strategic investment $0.2–$0.3 billion.
MX:TLSN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed