NYSE$VIV

Telefônica Brasil SA-ADR · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

Telefônica Brasil reported solid Q2 2025 results with growth in revenue, EBITDA, and net income.

Telefônica Brasil delivered a strong second quarter with robust performance across mobile and fiber segments. Revenue, EPS, and net income all improved year-over-year, supported by customer growth and ARPU gains.

  • Revenue rose 7.1% year-over-year to R$14.65 billion.
  • Net income increased 10.0% to R$1.344 billion.
  • EPS climbed to R$0.42, up from R$0.37 in Q2 2024.
  • FTTH and corporate digital services led segment growth.

Headline financials

Total Revenue

$2.67B

No prior period
EPS (adj)

$0.08

No prior period
EBITDA

$5.93B

No prior period
EBITDA Margin

40.5%

No prior period
Capex ex-IFRS16

$2.44B

No prior period
Operating Cash Flow

$3.49B

No prior period
Operating Cash Flow Margin

23.9%

No prior period
Mobile ARPU (R$/month)

$31.10

No prior period
FTTH Homes Passed

30.1M

No prior period
FTTH Homes Connected

7.4M

No prior period
5G Cities Covered

596

No prior period
Total Subscribers

116.2M

No prior period
Net Income

$245M

No prior period
Operating Income

$1.08B

No prior period

Revenue & EPS history

Telefônica Brasil · Revenue · Quarterly

$2.67B

Q2 2025
Beat estimate in 4 of 13 quarters(31%)
ActualEstimate

Forward guidance

The company reaffirmed its commitment to growth through 5G expansion and fiber deployment while maintaining a high shareholder payout policy.

Tailwinds

  • Strong growth in FTTH and digital services.
  • Mobile ARPU reached a record high.
  • 5G network now covers 64% of the Brazilian population.
  • Commitment to distribute at least 100% of annual net income.
  • Capital intensity reduction reflects disciplined investment.

Headwinds

  • Free cash flow declined 3.5% year-over-year.
  • Other Revenues segment saw a 9.5% drop.
  • Capex remains a significant portion of revenue.
  • No updated forward EPS or revenue guidance.
  • Handsets and Electronics revenue remained flat.

Historical earnings impact

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

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2025

Historical avgQ2 2025

+0.5%

Avg return

Earnings day

-0.6%

Avg return

5 days after

+0.9%

Avg return

30 days after

59%

30 / 51 earnings

Positive

+12.4%

Q3 2018

Best reaction

-7.8%

Q1 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026-1.6%-4.5%+3.5%
Q2 2025+0.4%+3.6%+15.4%
Q1 2025+0.0%-0.2%+12.1%
Q3 2024+1.3%-1.7%-5.8%
Q2 2024+0.6%+2.9%+4.9%
Q1 2024-6.7%-12.0%-13.0%
Q4 2023+1.8%+4.1%-2.9%
Q3 2023+7.2%+8.5%+20.2%
Q1 2023+1.7%+2.7%+8.6%
Q4 2022+4.7%+1.8%-2.6%
Q2 2022-2.8%-5.0%-12.0%
Q1 2022-3.5%-1.0%-3.8%
Q4 2021+2.1%+0.7%+13.5%
Q2 2021+2.5%+1.0%+4.7%
Q1 2021-3.9%-3.1%+11.4%
Q4 2020-2.1%-6.1%-4.5%
Q2 2020+1.5%-2.1%-7.3%
Q1 2020-7.8%-9.1%+7.5%
Q4 2019-1.5%-5.5%-20.3%
Q3 2019-0.2%-3.4%-0.1%
Q1 2019-2.0%-2.8%+10.6%
Q3 2018+12.4%+17.6%+16.9%
Q2 2018-3.5%-5.3%-15.2%
Q1 2018+0.5%-0.7%-12.2%
Q2 2017+2.2%+2.3%+6.1%
Q1 2017+3.2%+5.1%-2.5%
Q4 2016-3.7%-5.8%-2.2%
Q3 2016+0.9%+1.7%-7.1%
Q1 2016+0.4%
Q4 2015-1.0%
Q2 2015+2.1%
Q1 2015+0.8%
Q4 2014-2.9%
Q2 2014-0.5%
Q1 2014-0.8%
Q4 2013-3.2%
Q3 2013+1.1%
Q2 2013-0.6%
Q1 2013-1.3%
Q4 2012+1.0%
Q3 2012+1.2%
Q2 2012+3.7%
Q1 2012+0.6%
Q4 2011+3.7%
Q3 2011-2.8%
Q2 2011+4.5%
Q1 2011+5.8%
Q4 2010+0.0%
Q3 2010+1.1%
Q2 2010+5.7%
Q1 2010+1.6%

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