NYSE$TEO

Telecom Argentina SA-ADR · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

Telecom Argentina Q2 2025: ARS 1.91T revenue (+60% YoY) but net loss as inflation accounting weighs

Telecom Argentina S.A. filed unaudited condensed consolidated financial statements for the quarter ended June 30, 2025, reporting revenues of ARS 1,911,678 million, up 60% versus ARS 1,193,554 million in the prior-year quarter (figures in millions of Argentine pesos in current currency per IAS 29). The company posted a net loss of ARS 174,361 million compared with net income of ARS 82,068 million a year earlier, with basic EPS of negative ARS 82.7 versus positive ARS 35.4. Six-month revenues reached ARS 3,357,004 million while net loss was ARS 75,554 million. The filing includes operating and financial review alongside full interim statements; management notes results must be read with the annual Form 20-F for full context on Argentina hyperinflation adjustments.

  • Q2 revenues ARS 1,911,678 million (+60% YoY in current pesos); six-month revenues ARS 3,357,004 million
  • Q2 net loss ARS 174,361 million versus net income ARS 82,068 million prior year
  • Basic EPS negative ARS 82.7 versus positive ARS 35.4 in Q2 2024
  • Income tax expense of ARS 92,472 million in Q2 2025 versus benefit in prior periods
  • Interim statements prepared under IAS 34 with IAS 29 inflation restatement to June 30, 2025

Headline financials

Total Revenue

AR$1.91T

Previous: AR$967M+197515.0%
EPS (adj)

-AR$82.70

Previous: AR$0.14-59171.4%
Six-month revenues

AR$3.36T

No prior period
Six-month net loss

AR$75.6B

No prior period
Net Income

-AR$174B

No prior period

Revenue & EPS history

Telecom Argentina · Revenue · Quarterly

AR$1.91T

Q2 2025+197,515%vs Q2 2024
Beat estimate in 6 of 6 quarters(100%)
ActualEstimate

Revenue by segment

Telecom Argentina · AR$2.42T total across 3 segments · Q1 2026

  • ICT Services – Personal Network
    AR$1.43T
  • ICT Services – TMA Network
    AR$871B
  • Other Segments
    AR$117B

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2025

Historical avgQ2 2025

-0.8%

Avg return

Earnings day

+0.4%

Avg return

5 days after

+5.0%

Avg return

30 days after

49%

18 / 37 earnings

Positive

+9.7%

Q3 2020

Best reaction

-30.2%

Q2 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.3%+2.3%+31.5%
Q3 2025-1.7%+3.0%-6.0%
Q2 2025+4.6%-4.8%-13.7%
Q4 2024-0.2%+8.3%-2.8%
Q3 2024+2.4%-3.6%+19.9%
Q2 2024+0.3%+2.3%+14.2%
Q1 2024+1.5%-2.8%-22.3%
Q4 2023-1.0%+12.1%+17.2%
Q3 2023-2.2%-0.4%+45.5%
Q2 2023-4.3%-11.2%-11.6%
Q1 2023+3.9%+6.1%+14.3%
Q4 2022+2.6%+3.9%+16.9%
Q3 2022-3.0%-0.7%+10.7%
Q2 2022-5.0%-0.7%+0.4%
Q1 2022+2.8%+5.8%+2.0%
Q4 2021+5.8%+0.4%+32.4%
Q3 2021+4.2%+0.8%-1.3%
Q2 2021-4.5%-0.8%-1.1%
Q1 2021+4.3%+10.8%+39.1%
Q4 2020+6.0%+7.3%+4.5%
Q3 2020+9.7%+2.8%+21.9%
Q2 2020-7.6%-6.1%-4.1%
Q1 2020+5.6%+7.3%-20.1%
Q4 2019+5.3%-0.7%+25.0%
Q3 2019+0.7%+0.8%+15.0%
Q2 2019-30.2%-28.9%-37.7%
Q1 2019-4.6%-6.7%-1.5%
Q3 2018-1.5%-8.6%-12.5%
Q2 2018-9.7%-14.2%-13.9%
Q1 2018-9.3%+9.7%-5.8%
Q4 2017+8.1%+9.2%-2.3%
Q3 2017-6.6%+2.3%+16.5%
Q2 2017-4.5%+6.2%+7.7%
Q1 2017+3.5%+5.0%+7.0%
Q4 2016+0.8%+5.8%+4.9%
Q3 2016-2.4%-6.1%-2.3%
Q2 2016-0.5%-1.2%-1.4%
Q1 2016

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