Telecom Argentina S.A. (TEO)
NYSE: TEO · Real-Time Price · USD
13.28
+0.22 (1.68%)
Aug 31, 2026, 4:00 PM EDT - Market closed
Telecom Argentina Income Statement
Financials in millions ARS. Fiscal year is January - December.
Millions ARS. Fiscal year is Jan - Dec.
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
| 2,558,330 | 2,517,181 | 2,706,253 | 2,065,211 | 2,549,353 | 1,928,284 | 1,684,793 | 1,295,358 | 1,332,257 | 1,130,550 | 1,298,878 | 1,030,218 | 1,166,965 | 987,911 | 1,148,513 | 353,226 | 472,179 | 296,810 | 292,584 | 176,175 | |
Revenue Growth (YoY) | 0.35% | 30.54% | 60.63% | 59.43% | 91.36% | 70.56% | 29.71% | 25.74% | 14.16% | 14.44% | 13.09% | 191.66% | 147.14% | 232.84% | 292.54% | 100.50% | 124.97% | 97.62% | 112.39% | 72.40% |
Cost of Revenue | 581,479 | 595,199 | 640,670 | 526,572 | 641,761 | 480,362 | 448,111 | 341,383 | 355,990 | 308,193 | 349,236 | 271,077 | 322,558 | 247,772 | 303,772 | 93,961 | 122,735 | 74,919 | 78,811 | 46,577 |
Gross Profit | 1,976,851 | 1,921,982 | 2,065,583 | 1,538,639 | 1,907,592 | 1,447,922 | 1,236,682 | 953,975 | 976,267 | 822,357 | 949,642 | 759,141 | 844,407 | 740,139 | 844,741 | 259,265 | 349,444 | 221,891 | 213,773 | 129,598 |
Selling, General & Admin | 671,002 | 660,427 | 746,880 | 609,870 | 812,917 | 507,298 | 535,467 | 408,201 | 387,793 | 320,767 | 424,389 | 311,083 | 355,090 | 296,418 | 365,385 | 122,692 | 141,768 | 77,788 | 85,657 | 50,329 |
Other Operating Expenses | 322,996 | 264,282 | 398,422 | 251,141 | 340,480 | 49,755 | 196,906 | 167,717 | 172,017 | 132,233 | 149,964 | 114,518 | 130,341 | 109,681 | 126,850 | 38,219 | 53,474 | 32,283 | 38,352 | 23,729 |
Operating Expenses | 1,619,859 | 1,534,315 | 1,876,139 | 1,371,473 | 1,834,038 | 1,074,801 | 1,270,073 | 1,001,510 | 1,021,371 | 866,761 | 1,054,753 | 810,281 | 906,468 | 750,595 | 916,253 | 298,804 | 364,237 | 212,267 | 220,881 | 137,175 |
Operating Income | 356,992 | 387,667 | 189,444 | 167,166 | 73,554 | 373,121 | -33,391 | -47,535 | -45,104 | -44,404 | -105,111 | -51,140 | -62,061 | -10,456 | -71,512 | -39,539 | -14,793 | 9,624 | -7,108 | -7,577 |
Interest Expense | -96,722 | -144,033 | -176,570 | -155,877 | -105,328 | -82,866 | -59,029 | -36,325 | -34,895 | -43,588 | -36,888 | -24,113 | -34,528 | -31,815 | -25,940 | -5,969 | -14,399 | -251 | -12,136 | -6,731 |
Interest & Investment Income | 3,556 | - | - | - | 6,879 | - | 11,414 | 8,404 | 2,995 | 9,151 | 13,386 | 9,779 | 4,434 | 6,002 | 1,654 | 1,726 | 2,000 | 646 | - | - |
Earnings From Equity Investments | -6,699 | 39,523 | 331 | -2,225 | -2,459 | 130 | -4,311 | -6,392 | -2,145 | -2,246 | -471 | -261 | -5,333 | 1,954 | 1,735 | 397 | 115 | 303 | 386 | 153 |
Currency Exchange Gain (Loss) | -33,187 | 694,208 | 70,652 | -321,918 | -297,509 | -13,319 | 241,069 | 156,869 | 496,522 | 1,572,679 | -1,548,631 | -12,575 | 13,021 | 57,350 | 17,512 | 31,963 | 47,359 | 37,192 | 36,320 | 22,446 |
Other Non Operating Income (Expenses) | 49,408 | 40,864 | 59,317 | -3,113 | -53,426 | 36,040 | -45,936 | -34,655 | -95,238 | 12,065 | 198,877 | 113,075 | 61,168 | 73,297 | 29,038 | 41,845 | 43,592 | 25,924 | 9,259 | 2,248 |
EBT Excluding Unusual Items | 273,348 | 1,018,229 | 143,174 | -315,967 | -378,289 | 313,106 | 109,816 | 40,366 | 322,135 | 1,503,657 | -1,478,838 | 34,765 | -23,299 | 96,332 | -47,513 | 30,423 | 63,874 | 73,438 | 26,721 | 10,539 |
Impairment of Goodwill | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -264,238 | -495,484 | - | - | -1,299 | - |
Gain (Loss) on Sale of Investments | 19,617 | 10,602 | 98,486 | 22,547 | 21,943 | -11,622 | -774 | -36,675 | 17,014 | -39,288 | 180,115 | -6,694 | -20,288 | -13,061 | -7,986 | -2,647 | -22,144 | -6,719 | 3,667 | 977 |
Asset Writedown | - | - | -27,008 | - | - | - | 1,455 | - | - | - | -921 | 383 | -1,408 | 1,263 | -2,074 | 2,666 | -1,740 | -5,613 | 823 | -998 |
Legal Settlements | - | - | -69,436 | - | - | - | -23,697 | - | - | - | -9,298 | -7,268 | -24,117 | -6,254 | -21,714 | -2,290 | -11,899 | -1,130 | - | - |
Other Unusual Items | - | - | - | - | - | - | 317 | 3,141 | - | - | -132 | - | -174 | -1,434 | -44 | -81 | - | - | -4,192 | - |
Pretax Income | 292,965 | 1,028,831 | 145,216 | -293,420 | -356,346 | 301,484 | 87,117 | 6,832 | 339,149 | 1,464,369 | -1,309,074 | 21,186 | -69,286 | 76,846 | -343,569 | -467,413 | 28,091 | 59,976 | 25,720 | 10,518 |
Income Tax Expense | 110,408 | 342,350 | 17,977 | -100,939 | -123,492 | 169,530 | -17,900 | 22,042 | 185,588 | 348,507 | -502,190 | -77,802 | -102,466 | -54,143 | -92,777 | 14,830 | -4,519 | -70 | 8,234 | 5,297 |
Earnings From Continuing Operations | 182,557 | 686,481 | 127,239 | -192,481 | -232,854 | 131,954 | 105,017 | -15,210 | 153,561 | 1,115,862 | -806,884 | 98,988 | 33,180 | 130,989 | -250,792 | -482,243 | 32,610 | 60,046 | 17,486 | 5,221 |
Minority Interest in Earnings | -8,408 | -6,728 | -8,089 | -7,882 | -5,137 | -5,865 | -9,936 | -6,347 | -6,562 | -4,580 | -5,588 | -5,370 | -3,227 | -3,330 | -3,553 | -1,476 | -1,247 | -553 | -1,263 | -555 |
Net Income | 174,149 | 679,753 | 119,150 | -200,363 | -237,991 | 126,089 | 95,081 | -21,557 | 146,999 | 1,111,282 | -812,472 | 93,618 | 29,953 | 127,659 | -254,345 | -483,719 | 31,363 | 59,493 | 16,223 | 4,666 |
Net Income to Common | 174,149 | 679,753 | 119,150 | -200,363 | -237,991 | 126,089 | 95,081 | -21,557 | 146,999 | 1,111,282 | -812,472 | 93,618 | 29,953 | 127,659 | -254,345 | -483,719 | 31,363 | 59,493 | 16,223 | 4,666 |
Net Income Growth (YoY) | - | 439.11% | 25.31% | - | - | -88.65% | - | - | 390.77% | 770.51% | - | - | -4.50% | 114.58% | - | - | - | 274.08% | - | - |
Shares Outstanding (Basic) | 2,154 | 2,154 | 2,154 | 2,154 | 2,154 | 2,154 | 2,154 | 2,154 | 2,154 | 2,154 | 2,154 | 2,154 | 2,154 | 2,154 | 2,154 | 2,154 | 2,154 | 2,154 | 2,154 | 2,154 |
Shares Outstanding (Diluted) | 2,154 | 2,154 | 2,154 | 2,154 | 2,154 | 2,154 | 2,154 | 2,154 | 2,154 | 2,154 | 2,154 | 2,154 | 2,154 | 2,154 | 2,154 | 2,154 | 2,154 | 2,154 | 2,154 | 2,154 |
Shares Change (YoY) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.14% |
EPS (Basic) | 80.86 | 315.62 | 55.32 | -93.03 | -110.50 | 58.55 | 44.15 | -10.01 | 68.25 | 515.99 | -377.25 | 43.47 | 13.91 | 59.27 | -118.10 | -224.60 | 14.56 | 27.62 | 7.53 | 2.17 |
EPS (Diluted) | 80.86 | 315.62 | 55.32 | -93.03 | -110.50 | 58.55 | 44.15 | -10.01 | 68.25 | 515.99 | -377.25 | 43.47 | 13.91 | 59.27 | -118.10 | -224.60 | 14.56 | 27.62 | 7.53 | 2.17 |
EPS Growth (YoY) | - | 439.11% | 25.31% | - | - | -88.65% | - | - | 390.77% | 770.51% | - | - | -4.50% | 114.58% | - | - | - | 274.08% | - | - |
Additional Metrics
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Free Cash Flow | 313,959 | 326,291 | 423,000 | 330,386 | 232,592 | 137,883 | 249,735 | 140,160 | 58,750 | 160,915 | 194,708 | 269,440 | 168,699 | 137,512 | 163,316 | 65,612 | 42,675 | 29,742 | 33,845 | 34,657 |
Free Cash Flow Per Share | 145.78 | 151.50 | 196.41 | 153.41 | 108.00 | 64.02 | 115.96 | 65.08 | 27.28 | 74.72 | 90.41 | 125.11 | 78.33 | 63.85 | 75.83 | 30.46 | 19.82 | 13.81 | 15.71 | 16.09 |
Dividend Per Share | - | - | 13.632 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Dividend Growth (YoY) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gross Margin | 77.27% | 76.35% | 76.33% | 74.50% | 74.83% | 75.09% | 73.40% | 73.65% | 73.28% | 72.74% | 73.11% | 73.69% | 72.36% | 74.92% | 73.55% | 73.40% | 74.01% | 74.76% | 73.06% | 73.56% |
Operating Margin | 13.95% | 15.40% | 7.00% | 8.09% | 2.89% | 19.35% | -1.98% | -3.67% | -3.39% | -3.93% | -8.09% | -4.96% | -5.32% | -1.06% | -6.23% | -11.19% | -3.13% | 3.24% | -2.43% | -4.30% |
Profit Margin | 6.81% | 27.01% | 4.40% | -9.70% | -9.34% | 6.54% | 5.64% | -1.66% | 11.03% | 98.30% | -62.55% | 9.09% | 2.57% | 12.92% | -22.15% | -136.94% | 6.64% | 20.04% | 5.54% | 2.65% |
Free Cash Flow Margin | 12.27% | 12.96% | 15.63% | 16.00% | 9.12% | 7.15% | 14.82% | 10.82% | 4.41% | 14.23% | 14.99% | 26.15% | 14.46% | 13.92% | 14.22% | 18.57% | 9.04% | 10.02% | 11.57% | 19.67% |
EBITDA | 893,895 | 842,252 | 737,671 | 625,058 | 640,417 | 761,597 | 374,643 | 329,898 | 307,120 | 265,606 | 281,884 | 345,128 | 273,627 | 228,639 | 274,607 | 137,617 | 87,133 | 79,600 | 71,286 | 66,050 |
EBITDA Margin | 34.94% | 33.46% | 27.26% | 30.27% | 25.12% | 39.50% | 22.24% | 25.47% | 23.05% | 23.49% | 21.70% | 33.50% | 23.45% | 23.14% | 23.91% | 38.96% | 18.45% | 26.82% | 24.36% | 37.49% |
D&A For EBITDA | 536,903 | 454,585 | 548,227 | 457,892 | 566,863 | 388,476 | 408,034 | 377,433 | 352,224 | 310,010 | 386,995 | 396,268 | 335,688 | 239,095 | 346,119 | 177,156 | 101,926 | 69,976 | 78,394 | 73,627 |
EBIT | 356,992 | 387,667 | 189,444 | 167,166 | 73,554 | 373,121 | -33,391 | -47,535 | -45,104 | -44,404 | -105,111 | -51,140 | -62,061 | -10,456 | -71,512 | -39,539 | -14,793 | 9,624 | -7,108 | -7,577 |
EBIT Margin | 13.95% | 15.40% | 7.00% | 8.09% | 2.89% | 19.35% | -1.98% | -3.67% | -3.38% | -3.93% | -8.09% | -4.96% | -5.32% | -1.06% | -6.23% | -11.19% | -3.13% | 3.24% | -2.43% | -4.30% |
Effective Tax Rate | 37.69% | 33.28% | 12.38% | - | - | 56.23% | - | 322.63% | 54.72% | 23.80% | - | - | - | - | - | - | - | - | 32.01% | 50.36% |