Telefónica, S.A. (TEF) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 |
|---|
| Sales/Revenue | 9.36B | 8.79B | 9.22B | 10.9B | 10.02B | 10.26B | 10.14B | 10.15B | 10.32B | 10.13B | 10.04B | 10.2B | 10.34B | 10.04B | 9.41B | 9.67B | 9.3B | 9.96B | 10.34B | 10.91B |
| Revenue Growth % | -6.61% | -14.27% | -9.06% | 7.33% | -2.89% | 1.2% | 0.95% | -0.46% | -0.21% | 0.93% | 6.75% | 5.44% | 11.24% | 0.75% | -8.99% | -11.32% | -11.12% | -3.63% | -9.03% | -12.02% |
| Cost of Goods Sold | 6.23B | 0 | 0 | 0 | 0 | 0 | 7.21B | 0 | 0 | 0 | 0 | 3.2B | 3.32B | 0 | 0 | 0 | 2.71B | 0 | 0 | 0 |
| COGS % of Revenue | 66.53% | - | - | - | - | - | 71.13% | - | - | - | - | 31.41% | 32.13% | - | - | - | 29.1% | - | - | - |
| Gross Profit | 3.13B | 8.79B | 9.22B | 10.9B | 10.02B | 10.26B | 2.93B | 10.15B | 10.32B | 10.13B | 10.04B | 7B | 7.02B | 10.04B | 9.41B | 9.67B | 6.59B | 9.96B | 10.34B | 10.91B |
| Gross Margin % | 33.47% | 100% | 100% | 100% | 100% | 100% | 28.87% | 100% | 100% | 100% | 100% | 68.59% | 67.87% | 100% | 100% | 100% | 70.9% | 100% | 100% | 100% |
| Gross Profit Growth % | -68.74% | -14.27% | 215.03% | 7.33% | -2.89% | 1.2% | -70.86% | 45.13% | 47.02% | 0.93% | 6.75% | -27.68% | 6.49% | 0.75% | -8.99% | -11.32% | -36.98% | -3.63% | -9.03% | 14.29% |
| Operating Expenses | 2.18B | 7.79B | 8.11B | 11.3B | 9.28B | 9.23B | 1.89B | 10.54B | 9.26B | 9.19B | 9.07B | 5.86B | 6.11B | 9.12B | 8.32B | 10.41B | 5.01B | -1.39B | 8.95B | 9.44B |
| OpEx % of Revenue | 23.3% | 88.63% | 87.97% | 103.74% | 92.62% | 90.04% | 18.59% | 103.76% | 89.76% | 90.64% | 90.34% | 57.48% | 59.04% | 90.85% | 88.42% | 107.65% | 53.91% | -13.93% | 86.52% | 86.52% |
| Selling, General & Admin | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.43B | 1.46B | 0 | 0 | 0 | 1.27B | 0 | 0 | 0 |
| SG&A % of Revenue | - | - | - | - | - | - | - | - | - | - | - | 13.97% | 14.14% | - | - | - | 13.62% | - | - | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | 952M | 1B | 1.11B | -408M | 740M | 1.02B | 1.04B | -382M | 1.06B | 948M | 970M | 1.13B | 914M | 919M | 1.09B | -740M | 1.58B | 11.35B | 1.39B | 1.47B |
| Operating Margin % | 10.17% | 11.37% | 12.03% | -3.74% | 7.38% | 9.96% | 10.28% | -3.76% | 10.24% | 9.36% | 9.66% | 11.11% | 8.84% | 9.15% | 11.58% | -7.65% | 16.98% | 113.93% | 13.48% | 13.48% |
| Operating Income Growth % | 28.65% | -2.06% | 6.43% | -6.81% | -29.99% | 7.7% | 7.42% | -133.72% | 15.65% | 3.16% | -11.01% | 253.11% | -42.12% | -91.91% | -21.81% | -150.31% | 190.26% | 999.03% | 27.77% | 60.77% |
| EBITDA | 4.62B | 2.84B | 3.06B | 1.82B | 2.95B | 3.22B | 3.21B | 1.79B | 3.33B | 3.15B | 3.12B | 3.26B | 3.25B | 3.15B | 3.2B | 1.36B | 3.73B | 13.47B | 3.42B | 3.75B |
| EBITDA Margin % | 49.36% | 32.27% | 33.16% | 16.74% | 29.39% | 31.39% | 31.61% | 17.68% | 32.25% | 31.04% | 31.07% | 31.95% | 31.4% | 31.33% | 34% | 14.08% | 40.16% | 135.16% | 33.05% | 34.38% |
| EBITDA Growth % | 56.82% | -11.87% | -4.59% | 1.62% | -11.51% | 2.35% | 2.69% | -44.92% | 2.49% | -0.03% | -2.44% | 139.28% | -13.02% | -76.64% | -6.38% | -63.69% | 39.75% | 306.3% | -9.12% | 2.21% |
| D&A (Non-Cash Add-back) | 3.67B | 1.84B | 1.95B | 2.23B | 2.21B | 2.2B | 2.16B | 2.18B | 2.27B | 2.2B | 2.15B | 2.13B | 2.33B | 2.23B | 2.11B | 2.1B | 2.15B | 2.12B | 2.02B | 2.28B |
| EBIT | 976M | 1.59B | 737M | 1.31B | 733M | 2.11B | 1.05B | -401M | 671M | 579M | 692M | 1.77B | 478M | 2.25B | 465M | 11.74B | 1.81B | 12.47B | 1.08B | 2.42B |
| Net Interest Income | -494M | -440M | 0 | -786M | -453M | 0 | -359M | -633M | -492M | -524M | -266M | 119M | -737.93M | -294M | -292M | -476M | -431M | -289M | -240M | -460M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 938M | 0 | 0 | 0 | 0 | 174M | 0 | 0 | 0 |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Income/Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | 482M | 388M | 635M | -958M | 213M | 574M | 728M | -2.93B | 347M | 598M | 516M | 949M | 557M | 584M | 870M | -1.24B | 1.2B | 10.98B | 1.15B | 1.19B |
| Pretax Margin % | 5.15% | 4.41% | 6.89% | -8.79% | 2.13% | 5.6% | 7.18% | -28.9% | 3.36% | 5.9% | 5.14% | 9.3% | 5.39% | 5.82% | 9.25% | -12.77% | 12.94% | 110.16% | 11.12% | 10.9% |
| Income Tax | 149M | 222M | 174M | -19M | 138M | 64M | 165M | -884M | -245M | 68M | 162M | 325M | 4M | 218M | 94M | -177M | 354M | 994M | 206M | 98M |
| Effective Tax Rate % | 30.91% | 57.22% | 27.4% | 1.98% | 64.79% | 11.15% | 22.66% | 30.13% | -70.61% | 11.37% | 31.4% | 34.25% | 0.72% | 37.33% | 10.8% | 14.33% | 29.43% | 9.06% | 17.91% | 8.24% |
| Net Income | 276M | -51M | -1.3B | -1.04B | 10M | 447M | 532M | -2.15B | 502M | 462M | 298M | 525M | 460M | 320M | 706M | -1.2B | 706M | 7.74B | 886M | 911M |
| Net Margin % | 2.95% | -0.58% | -14.14% | -9.53% | 0.1% | 4.36% | 5.25% | -21.22% | 4.86% | 4.56% | 2.97% | 5.15% | 4.45% | 3.19% | 7.5% | -12.38% | 7.59% | 77.7% | 8.57% | 8.35% |
| Net Income Growth % | 2660% | -111.41% | -345.11% | 51.81% | -98.01% | -3.25% | 78.52% | -510.29% | 9.13% | 44.38% | -57.79% | 143.82% | -34.84% | -95.87% | -20.32% | -231.5% | 541.25% | 1721.88% | 118.23% | 550.99% |
| Net Income (Continuing) | 333M | 166M | 461M | -939M | 75M | 510M | 563M | -2.05B | 592M | 530M | 354M | 624M | 553M | 366M | 776M | -1.06B | 849M | 9.98B | 944M | 1.09B |
| Discontinued Operations | 1000K | -1000K | -1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 3.73B | 3.69B | 3.95B | 3.4B | 3.58B | 3.74B | 4.24B | 5.24B | 6.07B | 6.13B | 6.09B | 6.62B | 6.9B | 6.78B | 7.15B | 6.48B | 9.11B | 9.24B | 6.92B | 7.03B |
| EPS (Diluted) | 0.05 | -0.01 | -0.23 | -0.20 | 0.00 | 0.08 | 0.08 | -0.43 | 0.08 | 0.08 | 0.04 | 0.08 | 0.07 | 0.06 | 0.11 | -0.26 | 0.11 | 1.27 | 0.14 | 0.16 |
| EPS Growth % | - | -111.35% | -387.5% | 53.49% | -97.75% | -2.58% | 100% | -637.5% | 14.29% | 46.4% | -63.64% | 130.77% | -36.36% | -95.62% | -21.43% | -262.5% | 490.07% | 1714.29% | 133.33% | 505.06% |
| EPS (Basic) | 0.05 | -0.01 | -0.23 | -0.20 | 0.00 | 0.08 | 0.08 | -0.43 | 0.08 | 0.08 | 0.04 | 0.08 | 0.07 | 0.06 | 0.11 | -0.26 | 0.11 | 1.27 | 0.14 | 0.16 |
| Diluted Shares Outstanding | 5.64B | 5.64B | 5.64B | 5.63B | 5.63B | 5.63B | 5.63B | 5.65B | 5.67B | 5.67B | 5.68B | 5.7B | 5.73B | 5.75B | 5.77B | 5.67B | 6.42B | 6.09B | 5.76B | 5.43B |
| Basic Shares Outstanding | 5.74B | 5.64B | 5.64B | 5.63B | 5.63B | 5.63B | 5.63B | 5.65B | 5.67B | 5.67B | 5.68B | 5.7B | 5.73B | 5.75B | 5.77B | 5.67B | 6.42B | 6.09B | 5.76B | 5.43B |
| Dividend Payout Ratio | 88.54% | - | - | - | 2510.74% | 173.82% | 27.07% | - | 48.87% | 215.58% | 48.66% | 137.71% | 28.7% | 119.49% | 5.38% | - | 5.95% | 5.76% | 5.87% | 58.25% |