Telefônica Brasil S.A. (VIV)

Telefônica Brasil Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	59,595	55,845	52,100	48,041
Revenue Growth (YoY)	6.71%	7.19%	8.45%	-
Cost of Revenue	32,925	31,352	29,415	27,432
Gross Profit	26,670	24,493	22,685	20,610
Selling, General & Admin	17,120	16,159	15,397	14,577
Other Operating Expenses	-327.59	-343.79	-640.32	-588.9
Total Operating Expenses	16,792	15,815	14,756	13,988
Operating Income	9,878	8,678	7,929	6,622
Interest Income	-18.23	-4.35	-10.71	-23.74
Other Non-Operating Income (Expense)	-2,588	-1,910	-2,344	-1,766
Total Non-Operating Income (Expense)	-2,607	-1,914	-2,355	-1,790
Pretax Income	7,271	6,764	5,574	4,832
Provision for Income Taxes	1,093	1,206	533.94	773.69
Net Income	6,168	5,548	5,029	4,085
Minority Interest in Earnings	9.64	9.38	10.59	-27.11
Net Income to Common	6,168	5,548	5,029	4,085
Net Income Growth	11.18%	10.31%	23.12%	-
Shares Outstanding (Basic)	1,612	1,643	1,659	1,671
Shares Outstanding (Diluted)	1,612	1,643	1,659	1,671
Shares Change (YoY)	-1.91%	-0.93%	-0.73%	-
EPS (Basic)	3.82	3.38	3.04	2.44
EPS (Diluted)	3.82	3.38	3.04	2.44
EPS Growth	13.02%	11.18%	24.59%	-
Shares Outstanding	1,598	1,627	1,653	1,664
Free Cash Flow	11,260	10,552	9,975	9,048
Free Cash Flow Growth	6.70%	5.79%	10.24%	-
Free Cash Flow Per Share	6.99	6.42	6.01	5.42
Dividends Per Share	0.890	0.806	0.830	0.829
Dividend Growth	10.50%	-2.97%	0.16%	-
Gross Margin	44.75%	43.86%	43.54%	42.90%
Operating Margin	16.57%	15.54%	15.22%	13.78%
Profit Margin	10.37%	9.95%	9.67%	8.45%
FCF Margin	18.89%	18.90%	19.14%	18.83%
EBITDA	24,822	22,880	21,318	19,282
EBITDA Margin	41.65%	40.97%	40.92%	40.14%
EBIT	9,878	8,678	7,929	6,622
EBIT Margin	16.57%	15.54%	15.22%	13.78%
Effective Tax Rate	15.04%	17.84%	9.58%	16.01%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q