PLDT Inc. 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	Mar '26 Mar 31, 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
Revenue	219,624	218,388	216,833	210,953	204,362	192,186
Revenue Growth (YoY)	0.80%	0.72%	2.79%	3.23%	6.34%	6.18%
Cost of Revenue	61,153	59,666	58,578	55,785	49,607	42,031
Gross Profit	158,471	158,722	158,255	155,168	154,755	150,155
Selling, General & Admin	42,913	43,552	45,727	49,448	50,525	52,848
Operating Expenses	100,755	100,221	100,325	98,529	103,218	104,926
Operating Income	57,716	58,501	57,930	56,639	51,537	45,229
Interest Expense	-18,153	-18,148	-15,421	-13,665	-11,544	-10,297
Interest & Investment Income	681	719	916	1,016	653	655
Earnings From Equity Investments	512	-428	-990	-2,806	-3,304	-1,101
Currency Exchange Gain (Loss)	-2,359	-550	-36	1,149	-4,687	-3,899
Other Non Operating Income (Expenses)	7,228	6,222	6,185	1,585	11,023	4,524
EBT Excluding Unusual Items	45,625	46,316	48,584	43,918	43,678	35,111
Merger & Restructuring Charges	-1,570	-1,388	-1,688	-2,021	-5,028	-269
Gain (Loss) on Sale of Investments	-	-	-	-	660	1,247
Gain (Loss) on Sale of Assets	1,292	966	1,527	8,245	26,000	884
Asset Writedown	-6,405	-6,405	-5,730	-13,665	-51,573	-4,089
Other Unusual Items	-	-	-	-	295	1,372
Pretax Income	38,942	39,489	42,693	36,477	14,032	34,256
Income Tax Expense	8,870	9,271	10,138	9,612	2,697	7,459
Earnings From Continuing Operations	30,072	30,218	32,555	26,865	11,335	26,797
Earnings From Discontinued Operations	-	-	-	-41	-600	-121
Net Income to Company	30,072	30,218	32,555	26,824	10,735	26,676
Minority Interest in Earnings	-217	-207	-248	-210	-250	-309
Net Income	29,855	30,011	32,307	26,614	10,485	26,367
Preferred Dividends & Other Adjustments	59	59	59	59	59	59
Net Income to Common	29,796	29,952	32,248	26,555	10,426	26,308
Net Income Growth	-5.25%	-7.11%	21.39%	153.83%	-60.23%	8.58%
Shares Outstanding (Basic)	216	216	216	216	216	216
Shares Outstanding (Diluted)	216	216	216	216	216	216
EPS (Basic)	137.91	138.63	149.26	122.91	48.26	121.76
EPS (Diluted)	137.90	138.63	149.26	122.91	48.25	121.76
EPS Growth	-5.27%	-7.12%	21.44%	154.72%	-60.37%	8.60%
Free Cash Flow	37,834	35,874	13,474	7,330	-19,351	-12,007
Free Cash Flow Per Share	175.11	166.04	62.36	33.93	-89.56	-55.57
Dividend Per Share	94.000	94.000	97.000	95.000	92.000	84.000
Dividend Growth	-3.09%	-3.09%	2.10%	3.26%	9.52%	7.69%
Gross Margin	72.16%	72.68%	72.98%	73.56%	75.73%	78.13%
Operating Margin	26.28%	26.79%	26.72%	26.85%	25.22%	23.53%
Profit Margin	13.57%	13.71%	14.87%	12.59%	5.10%	13.69%
Free Cash Flow Margin	17.23%	16.43%	6.21%	3.48%	-9.47%	-6.25%
EBITDA	88,927	88,763	85,662	82,690	93,444	90,852
EBITDA Margin	40.49%	40.64%	39.51%	39.20%	45.73%	47.27%
D&A For EBITDA	31,211	30,262	27,732	26,051	41,907	45,623
EBIT	57,716	58,501	57,930	56,639	51,537	45,229
EBIT Margin	26.28%	26.79%	26.72%	26.85%	25.22%	23.53%
Effective Tax Rate	22.78%	23.48%	23.75%	26.35%	19.22%	21.77%
Revenue as Reported	219,624	218,388	216,833	210,953	204,362	192,186

Source: S&P Global Market Intelligence. Standard template. Financial Sources.