Telefónica, S.A. (BME:TEF)
Spain · Delayed Price · Currency is EUR 3.649
-0.035 (-0.95%)
At close: Feb 26, 2026
Telefónica Income Statement
Financials in millions EUR. Fiscal year is January - December.
Millions EUR. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Revenue | 35,120 | 41,315 | 40,652 | 39,993 | 39,277 |
Other Revenue | 1,531 | 820 | 803 | 783 | - |
| 36,651 | 42,135 | 41,455 | 40,776 | 39,277 | |
Revenue Growth (YoY) | -13.01% | 1.64% | 1.67% | 3.82% | -10.63% |
Cost of Revenue | 27,441 | 19,177 | 20,418 | 18,465 | 18,991 |
Gross Profit | 9,210 | 22,958 | 21,037 | 22,311 | 20,286 |
Selling, General & Admin | - | 179 | 155 | 86 | 80 |
Other Operating Expenses | - | 9,402 | 9,735 | 10,110 | 9,510 |
Operating Expenses | 7,364 | 18,380 | 18,687 | 18,992 | 17,987 |
Operating Income | 1,846 | 4,578 | 2,350 | 3,319 | 2,299 |
Interest Expense | -1,702 | -2,308 | -2,041 | -1,941 | -1,564 |
Interest & Investment Income | - | 525 | 545 | 409 | 205 |
Earnings From Equity Investments | -1,020 | -49 | -2,162 | 217 | -127 |
Currency Exchange Gain (Loss) | - | 229 | 11 | -86 | 50 |
Other Non Operating Income (Expenses) | -1 | -235 | -465 | 166 | -145 |
EBT Excluding Unusual Items | -877 | 2,740 | -1,762 | 2,084 | 718 |
Impairment of Goodwill | - | -900 | -58 | - | -416 |
Gain (Loss) on Sale of Assets | - | 153 | 250 | 741 | 11,442 |
Asset Writedown | -526 | -1,436 | - | -77 | - |
Legal Settlements | - | - | 97 | 212 | 351 |
Pretax Income | -1,403 | 557 | -1,473 | 2,960 | 12,095 |
Income Tax Expense | 365 | 348 | -899 | 641 | 1,378 |
Earnings From Continuing Operations | -1,768 | 209 | -574 | 2,319 | 10,717 |
Earnings From Discontinued Operations | -2,384 | - | - | - | - |
Net Income to Company | -4,152 | 209 | -574 | 2,319 | 10,717 |
Minority Interest in Earnings | -166 | -258 | -318 | -308 | -2,580 |
Net Income | -4,318 | -49 | -892 | 2,011 | 8,137 |
Preferred Dividends & Other Adjustments | - | 269 | 254 | 209 | 253 |
Net Income to Common | -4,318 | -318 | -1,146 | 1,802 | 7,884 |
Net Income Growth | - | - | - | -75.29% | 414.35% |
Shares Outstanding (Basic) | 5,637 | 5,636 | 5,668 | 5,740 | 5,864 |
Shares Outstanding (Diluted) | 5,637 | 5,636 | 5,668 | 5,740 | 5,874 |
Shares Change (YoY) | 0.02% | -0.57% | -1.25% | -2.28% | -1.43% |
EPS (Basic) | -0.77 | -0.06 | -0.20 | 0.31 | 1.34 |
EPS (Diluted) | -0.77 | -0.06 | -0.20 | 0.31 | 1.34 |
EPS Growth | - | - | - | -76.87% | 509.09% |
Free Cash Flow | 4,667 | 5,204 | 5,488 | 5,413 | 3,540 |
Free Cash Flow Per Share | 0.83 | 0.92 | 0.97 | 0.94 | 0.60 |
Dividend Per Share | - | 0.300 | 0.300 | 0.300 | 0.300 |
Dividend Growth | - | - | - | - | -25.00% |
Gross Margin | 25.13% | 54.49% | 50.75% | 54.72% | 51.65% |
Operating Margin | 5.04% | 10.87% | 5.67% | 8.14% | 5.85% |
Profit Margin | -11.78% | -0.76% | -2.76% | 4.42% | 20.07% |
Free Cash Flow Margin | 12.73% | 12.35% | 13.24% | 13.28% | 9.01% |
EBITDA | 9,210 | 9,732 | 7,632 | 10,051 | 9,047 |
EBITDA Margin | 25.13% | 23.10% | 18.41% | 24.65% | 23.03% |
D&A For EBITDA | 7,364 | 5,154 | 5,282 | 6,732 | 6,748 |
EBIT | 1,846 | 4,578 | 2,350 | 3,319 | 2,299 |
EBIT Margin | 5.04% | 10.87% | 5.67% | 8.14% | 5.85% |
Effective Tax Rate | - | 62.48% | - | 21.65% | 11.39% |
Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.