Globe Telecom Income Statement

Financials in millions PHP. Fiscal year is January - December.

Millions PHP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	183,675	178,240	180,586	180,164	175,041	168,496
Other Revenue	146.57	168.48	215.84	185.66	261.71	165.43
Revenue	183,822	178,408	180,802	180,350	175,302	168,662
Revenue Growth	3.03%	-1.32%	0.25%	2.88%	3.94%	5.04%
Cost of Revenue	30,772	30,053	31,412	33,329	30,956	29,187
Gross Profit	153,050	148,356	149,389	147,021	144,346	139,475
Selling, General & Admin	60,395	57,842	59,763	61,369	62,769	61,347
Other Operating Expenses	-280.4	-273.05	-276.91	-160.38	-107.24	-49.07
Operating Expenses	116,221	111,440	109,959	108,565	108,315	102,430
Operating Income	36,829	36,915	39,430	38,456	36,031	37,045
Interest Expense	-17,338	-16,256	-14,272	-12,081	-9,694	-8,356
Interest & Investment Income	851.74	821.82	918.34	677.57	340.11	149.51
Earnings From Equity Investments	6,377	6,392	3,897	2,215	1,083	881.54
Currency Exchange Gain (Loss)	-4,657	-369.8	-2,432	1,042	-5,343	-3,656
Other Non Operating Income (Expenses)	3,569	-2,522	-434.64	-5,354	2,487	649.3
EBT Excluding Unusual Items	25,631	24,981	27,106	24,956	24,905	26,713
Impairment of Goodwill	-	-	-53.43	-154.61	-	-
Gain (Loss) on Sale of Investments	584.3	2,581	-	76.67	101.66	4,344
Gain (Loss) on Sale of Assets	421.66	664.28	3,689	7,630	19,094	152.57
Asset Writedown	-	-	-410.56	-92.44	-	-1,156
Other Unusual Items	-	-	-	-	-	-1,014
Pretax Income	26,637	28,227	30,331	32,416	44,100	29,040
Income Tax Expense	4,773	4,965	6,045	7,838	9,496	5,316
Earnings From Continuing Operations	21,864	23,262	24,286	24,578	34,604	23,724
Minority Interest in Earnings	-4.44	1.7	18.66	-65.25	-41.04	-71.05
Net Income	21,860	23,264	24,304	24,513	34,563	23,653
Preferred Dividends & Other Adjustments	1,987	1,423	1,431	1,381	1,300	524.15
Net Income to Common	19,873	21,841	22,873	23,132	33,263	23,129
Net Income Growth	-4.32%	-4.51%	-1.12%	-30.46%	43.82%	28.43%
Shares Outstanding (Basic)	144	144	144	144	136	134
Shares Outstanding (Diluted)	146	146	145	145	136	135
Shares Change	0.16%	0.19%	0.13%	6.40%	1.36%	0.15%
EPS (Basic)	137.53	151.21	158.48	160.45	245.44	173.18
EPS (Diluted)	136.83	150.44	157.83	159.74	244.25	172.26
EPS Growth	-4.49%	-4.68%	-1.20%	-34.60%	41.80%	28.16%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Free Cash Flow	31,607	33,474	28,822	9,912	-32,828	-27,610
Free Cash Flow Per Share	216.95	229.93	198.34	68.30	-240.70	-205.19
Dividend Per Share	100.000	100.000	100.000	100.000	106.000	108.000
Dividend Growth	0%	0%	0%	-5.66%	-1.85%	0.01%
Gross Margin	83.26%	83.16%	82.63%	81.52%	82.34%	82.69%
Operating Margin	20.04%	20.69%	21.81%	21.32%	20.55%	21.96%
Profit Margin	10.81%	12.24%	12.65%	12.83%	18.97%	13.71%
Free Cash Flow Margin	17.19%	18.76%	15.94%	5.50%	-18.73%	-16.37%
EBITDA	74,978	72,688	74,677	78,925	76,596	75,402
EBITDA Margin	40.79%	40.74%	41.30%	43.76%	43.69%	44.71%
D&A For EBITDA	38,149	35,773	35,247	40,469	40,565	38,357
EBIT	36,829	36,915	39,430	38,456	36,031	37,045
EBIT Margin	20.04%	20.69%	21.81%	21.32%	20.55%	21.96%
Effective Tax Rate	17.92%	17.59%	19.93%	24.18%	21.53%	18.31%