Telefônica Brasil Income Statement

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
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
Revenue	60,662	59,595	55,845	52,100	48,041
Revenue Growth (YoY)	7.01%	6.71%	7.19%	8.45%	-
Cost of Revenue	22,431	32,925	31,352	29,415	27,432
Gross Profit	38,232	26,670	24,493	22,685	20,610
Selling, General & Admin	19,904	17,120	16,159	15,397	14,577
Depreciation & Amortization Expenses	7,706	-	-	-	-
Other Operating Expenses	408	-327.59	-343.79	-640.32	-588.9
Total Operating Expenses	28,018	16,792	15,815	14,756	13,988
Operating Income	10,214	9,878	8,678	7,929	6,622
Interest Income	-16.83	-18.23	-4.35	-10.71	-23.74
Other Non-Operating Income (Expense)	-2,739	-2,588	-1,910	-2,344	-1,766
Total Non-Operating Income (Expense)	-2,756	-2,607	-1,914	-2,355	-1,790
Pretax Income	7,458	7,271	6,764	5,574	4,832
Provision for Income Taxes	1,081	1,093	1,206	533.94	773.69
Net Income	6,371	6,168	5,548	5,029	4,085
Minority Interest in Earnings	6.21	9.64	9.38	10.59	-27.11
Net Income to Common	6,371	6,168	5,548	5,029	4,085
Net Income Growth	11.63%	11.18%	10.31%	23.12%	-
Shares Outstanding (Basic)	1,606	1,612	1,643	1,659	1,671
Shares Outstanding (Diluted)	1,606	1,612	1,643	1,659	1,671
Shares Change (YoY)	-1.85%	-1.91%	-0.93%	-0.73%	-
EPS (Basic)	3.97	3.82	3.38	3.04	2.44
EPS (Diluted)	3.97	3.82	3.38	3.04	2.44
EPS Growth	13.41%	13.02%	11.18%	24.59%	-
Shares Outstanding	1,598	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	0.754	0.890	0.806	0.830	0.829
Dividend Growth	-15.26%	10.50%	-2.97%	0.16%	-
Gross Margin	63.02%	44.75%	43.86%	43.54%	42.90%
Operating Margin	16.84%	16.57%	15.54%	15.22%	13.78%
Profit Margin	10.51%	10.37%	9.95%	9.67%	8.45%
FCF Margin	-	18.89%	18.90%	19.14%	18.83%
EBITDA	10,214	24,822	22,880	21,318	19,282
EBITDA Margin	16.84%	41.65%	40.97%	40.92%	40.14%
EBIT	10,214	9,878	8,678	7,929	6,622
EBIT Margin	16.84%	16.57%	15.54%	15.22%	13.78%
Effective Tax Rate	14.49%	15.04%	17.84%	9.58%	16.01%

Updated May 11, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q