2Q25 Results: Telefonica Brasil S.A.
Telefonica Brasil (NYSE:VIV) reported strong 2Q25 results with significant growth across key metrics. Net revenue increased 7.1% YoY to R$14.6 billion, driven by robust postpaid (+10.6%) and fiber (+10.4%) performance. The company achieved an EBITDA of R$5.9 billion (+8.8% YoY) with a margin of 40.5%.
Notable operational highlights include 68.5 million postpaid customers (+7.0% YoY), record-high mobile ARPU of R$31.1 (+5.1% YoY), and FTTH network expansion reaching 30.1 million homes passed (+10.2% YoY). Net income grew 10.0% YoY to R$1.3 billion. The company's 5G network now covers 64% of Brazil's population across 596 cities.
Telefonica Brasil committed to distribute 鈮�100% of net income to shareholders during 2024-2026, with R$5.2 billion already paid by July 2025 and an additional R$330 million in interest on equity announced.
Telefonica Brasil (NYSE:VIV) ha riportato risultati solidi nel 2Q25 con una crescita significativa in tutti i principali indicatori. I ricavi netti sono aumentati del 7,1% su base annua, raggiungendo R$14,6 miliardi, grazie a una forte performance del segmento postpagato (+10,6%) e della fibra (+10,4%). L'azienda ha raggiunto un EBITDA di R$5,9 miliardi (+8,8% YoY) con un margine del 40,5%.
Tra i dati operativi pi霉 rilevanti si segnalano 68,5 milioni di clienti postpagati (+7,0% YoY), un ARPU mobile record di R$31,1 (+5,1% YoY) e l鈥檈spansione della rete FTTH che ha raggiunto 30,1 milioni di abitazioni collegate (+10,2% YoY). L鈥檜tile netto 猫 cresciuto del 10,0% su base annua, arrivando a R$1,3 miliardi. La rete 5G copre ora il 64% della popolazione brasiliana in 596 citt脿.
Telefonica Brasil si 猫 impegnata a distribuire 鈮�100% dell鈥檜tile netto agli azionisti nel periodo 2024-2026, con R$5,2 miliardi gi脿 pagati entro luglio 2025 e un ulteriore annuncio di R$330 milioni in interessi sul capitale proprio.
Telefonica Brasil (NYSE:VIV) report贸 s贸lidos resultados en el 2T25 con un crecimiento significativo en m茅tricas clave. Los ingresos netos aumentaron un 7,1% interanual hasta R$14,6 mil millones, impulsados por un fuerte desempe帽o en postpago (+10,6%) y fibra (+10,4%). La compa帽铆a alcanz贸 un EBITDA de R$5,9 mil millones (+8,8% interanual) con un margen del 40,5%.
Entre los aspectos operativos destacados est谩n 68,5 millones de clientes postpago (+7,0% interanual), un ARPU m贸vil r茅cord de R$31,1 (+5,1% interanual) y la expansi贸n de la red FTTH que lleg贸 a 30,1 millones de hogares conectados (+10,2% interanual). La utilidad neta creci贸 un 10,0% interanual hasta R$1,3 mil millones. La red 5G cubre ahora el 64% de la poblaci贸n brasile帽a en 596 ciudades.
Telefonica Brasil se comprometi贸 a distribuir 鈮�100% de la utilidad neta a los accionistas durante 2024-2026, con R$5,2 mil millones ya pagados hasta julio de 2025 y un anuncio adicional de R$330 millones en intereses sobre el capital.
Telefonica Brasil (NYSE:VIV)鞚� 2攵勱赴 2025雲� 鞁れ爜鞐愳劀 欤检殧 歆�響� 鞝勲皹鞐� 瓯胳硱 韥� 靹膘灔鞚� 旮半頄堨姷雼堧嫟. 靾滊Г於滌潃 鞝勲厔 霃欔赴 雽�牍� 7.1% 歃濌皜頃� R$146鞏�鞙茧, 瓴碃頃� 韽姢韸疙帢鞚措摐(+10.6%)鞕� 甏戩劕鞙�(+10.4%) 鞁れ爜鞚� 瓴澑頄堨姷雼堧嫟. 須岇偓電� EBITDA 59鞏� R$ (+8.8% YoY)毳� 雼劚頄堨溂氅� 毵堨鞙潃 40.5%鞓�鞀惦媹雼�.
欤检殧 鞖挫榿 靹标臣搿滊姅 6,850毵� 氇呾潣 韽姢韸疙帢鞚措摐 瓿犼皾 (+7.0% YoY), 靷儊 斓滉碃 氇皵鞚� ARPU鞚� R$31.1 (+5.1% YoY), FTTH 雱ろ姼鞗岉伂 頇曥灔鞙茧 3,010毵� 臧�甑棎 霃勲嫭 (+10.2% YoY) 霌膘澊 鞛堨姷雼堧嫟. 靾滌澊鞚奠潃 鞝勲厔 雽�牍� 10.0% 歃濌皜頃� R$13鞏�鞚� 旮半頄堨姷雼堧嫟. 須岇偓鞚� 5G 雱ろ姼鞗岉伂電� 順勳灛 敫岆澕歆� 鞚戈惮鞚� 64%毳� 596臧� 霃勳嫓鞐愳劀 旎る矂頃橁碃 鞛堨姷雼堧嫟.
Telefonica Brasil鞚� 2024雲勲秬韯� 2026雲勱箤歆� 靾滌澊鞚奠潣 鈮�100%毳� 欤检＜鞐愱矊 氚半嫻頃橁赴搿� 鞎届啀頄堨溂氅�, 2025雲� 7鞗旉箤歆� 鞚措 R$52鞏奠潉 歆�旮夗枅鞙茧┌ 於旉皜搿� R$3.3鞏奠潣 鞛愲掣 鞚挫瀽 氚半嫻鞚� 氚滍憸頄堨姷雼堧嫟.
Telefonica Brasil (NYSE:VIV) a publi茅 de solides r茅sultats au 2T25 avec une croissance significative sur les principaux indicateurs. Le chiffre d鈥檃ffaires net a augment茅 de 7,1 % en glissement annuel, atteignant 14,6 milliards de R$, port茅 par une forte performance du postpay茅 (+10,6 %) et de la fibre (+10,4 %). La soci茅t茅 a r茅alis茅 un EBITDA de 5,9 milliards de R$ (+8,8 % en glissement annuel) avec une marge de 40,5 %.
Parmi les points op茅rationnels marquants figurent 68,5 millions de clients postpay茅s (+7,0 % en glissement annuel), un ARPU mobile record de 31,1 R$ (+5,1 % en glissement annuel) et l鈥檈xpansion du r茅seau FTTH atteignant 30,1 millions de foyers raccord茅s (+10,2 % en glissement annuel). Le b茅n茅fice net a progress茅 de 10,0 % en glissement annuel, 脿 1,3 milliard de R$. Le r茅seau 5G couvre d茅sormais 64 % de la population br茅silienne dans 596 villes.
Telefonica Brasil s鈥檈st engag茅e 脿 distribuer 鈮�100 % du b茅n茅fice net aux actionnaires entre 2024 et 2026, avec 5,2 milliards de R$ d茅j脿 vers茅s d鈥檌ci juillet 2025 et une annonce suppl茅mentaire de 330 millions de R$ d鈥檌nt茅r锚ts sur capitaux propres.
Telefonica Brasil (NYSE:VIV) meldete starke Ergebnisse f眉r das 2. Quartal 2025 mit signifikantem Wachstum bei den wichtigsten Kennzahlen. Der Nettoumsatz stieg im Jahresvergleich um 7,1 % auf 14,6 Milliarden R$, angetrieben durch robustes Wachstum im Postpaid-Bereich (+10,6 %) und im Glasfasernetz (+10,4 %). Das Unternehmen erzielte ein EBITDA von 5,9 Milliarden R$ (+8,8 % YoY) bei einer Marge von 40,5 %.
Bemerkenswerte operative Highlights sind 68,5 Millionen Postpaid-Kunden (+7,0 % YoY), ein Rekord-Mobile-ARPU von 31,1 R$ (+5,1 % YoY) und der Ausbau des FTTH-Netzes auf 30,1 Millionen angeschlossene Haushalte (+10,2 % YoY). Der Nettogewinn wuchs um 10,0 % auf 1,3 Milliarden R$. Das 5G-Netz des Unternehmens deckt nun 64 % der brasilianischen Bev枚lkerung in 596 St盲dten ab.
Telefonica Brasil hat sich verpflichtet, 鈮�100 % des Nettogewinns in den Jahren 2024-2026 an die Aktion盲re auszusch眉tten, wobei bereits bis Juli 2025 5,2 Milliarden R$ ausgezahlt wurden und zus盲tzlich 330 Millionen R$ an Eigenkapitalzinsen angek眉ndigt wurden.
- Net revenue growth of 7.1% YoY to R$14.6 billion
- EBITDA increased 8.8% YoY with improved margin of 40.5%
- Net income grew 10.0% YoY to R$1.3 billion
- Record-high mobile ARPU of R$31.1 (+5.1% YoY)
- Strong FTTH growth with 7.4 million homes connected (+12.6% YoY)
- 5G network expansion reaching 596 cities, covering 64% of Brazilian population
- Commitment to distribute 鈮�100% of net income to shareholders (2024-2026)
- Free Cash Flow declined 3.5% YoY to R$2,979 million
- Other Revenues decreased 9.5% YoY
- Total costs increased 5.9% YoY to R$8,712 million
Insights
Telefonica Brasil delivered strong Q2 results with revenue up 7.1%, EBITDA up 8.8%, and net income up 10.0% year-over-year.
Telefonica Brasil's Q2 2025 results showcase robust financial performance across key metrics. Net operating revenue grew
The company's fiber strategy continues to yield results with FTTH (fiber-to-the-home) revenue increasing
Profitability metrics show disciplined cost management despite inflationary pressures, with EBITDA growing
Capital expenditure increased moderately by
Perhaps most significant for investors is the company's shareholder remuneration, with
Sao Paulo, Brazil--(Newsfile Corp. - July 28, 2025) - Telefônica Brasil (B3: VIVT3) (NYSE: VIV) announces its results for 2Q25.
Strong operating performance led to robust Revenue, EBITDA and Net Income growth.
| R$ million | 2Q25 | 2Q24 | % Y-o-Y | ||||||
| Net Operating Revenue | 14,645 | 13,679 | 7.1 | ||||||
| Mobile Services | 9,555 | 8,907 | 7.3 | ||||||
| FTTH | 1,940 | 1,757 | 10.4 | ||||||
| Corporate Data, ICT and Digital Services | 1,361 | 1,128 | 20.7 | ||||||
| Handsets and Electronics | 820 | 817 | 0.3 | ||||||
| Other Revenues¹ | 969 | 1,070 | (9.5 | ) | |||||
| Total Costs | (8,712 | ) | (8,224 | ) | 5.9 | ||||
| EBITDA | 5,933 | 5,455 | 8.8 | ||||||
| EBITDA Margin | 0.6 p.p. | ||||||||
| EBITDA AL² | 4,607 | 4,216 | 9.3 | ||||||
| EBITDA AL² Margin | 0.6 p.p. | ||||||||
| Net Income³ | 1,344 | 1,222 | 10.0 | ||||||
| Earnings per Share (EPS)4 | 0.42 | 0.37 | 12.2 | ||||||
| CAPEX ex-IFRS 165 | 2,439 | 2,341 | 4.2 | ||||||
| Operating Cash Flow (OpCF)6 | 3,494 | 3,114 | 12.2 | ||||||
| OpCF6 Margin | 1.1 p.p. | ||||||||
| Operating Cash Flow AL (OpCF AL)7 | 2,168 | 1,875 | 15.6 | ||||||
| OpCF AL7 Margin | 1.1 p.p. | ||||||||
| Free Cash Flow | 2,979 | 3,089 | (3.5 | ) | |||||
| Total Subscribers (Thousand) | 116,190 | 114,683 | 1.3 |
1 - Other Revenues include Fixed Voice, xDSL, FTTC and IPTV. 2 - AL means After Leases. 3 - Net Income attributable to Telefônica Brasil. 4 - Earnings per Share (EPS) calculated based on net income attributable to Telefônica Brasil divided by the weighted average of outstanding shares in the period. EPS for 2024 was calculated considering the effects of the Split and Reverse Stock Split effective on April 15, 2025. 5 - Does not include amounts related to IFRS 16 effects. 6 - Operating Cash Flow is equivalent to EBITDA less Capex ex-IFRS 16. 7 - AL Operating Cash Flow is equivalent to EBITDA After Leases less Capex ex-IFRS 16.
Net revenue expanded by +
Fixed revenue increased +
EBITDA grew by +
In 2Q25, Capex totaled R
Operating Cash Flow totaled R
Net income attributed to Telefônica Brasil reached R
The remuneration paid to shareholders totaled R
TELEFÔNICA BRASIL - Investor Relations
[email protected]
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