Telecom Argentina S.A. (TEO) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | 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 |
|---|
| Sales/Revenue | 2.36T | 2.71T | 2.07T | 1.91T | 1.36T | 1.29T | 983.14B | 1.19T | 1.07T | 1.03T | 1.03T | 251.35B | 833.21B | 258.22B | 353.23B | 273.57B | 239.79B | 132.51B | 176.18B | 145.01B |
| Revenue Growth % | 72.93% | 110.56% | 110.06% | 60.17% | 27.84% | 24.98% | -4.57% | 374.86% | 27.99% | 298.23% | 191.66% | -8.12% | 247.48% | 94.87% | 100.5% | 88.65% | 87.28% | 41.91% | 72.4% | 48.48% |
| Cost of Goods Sold | 557.49B | 640.67B | 526.57B | 464.87B | 345.12B | 341.85B | 259.1B | 318.58B | 290.71B | 274.46B | 271.08B | 260.86B | 208.97B | 68.81B | 93.96B | 71.69B | 60.53B | 35.69B | 46.58B | 39.28B |
| COGS % of Revenue | 23.65% | 23.67% | 25.5% | 24.32% | 25.31% | 26.6% | 26.35% | 26.69% | 27.26% | 26.69% | 26.31% | 103.78% | 25.08% | 26.65% | 26.6% | 26.2% | 25.24% | 26.94% | 26.44% | 27.09% |
| Gross Profit | 1.8T | 2.07T | 1.54T | 1.45T | 1.02T | 943.4B | 724.04B | 874.97B | 775.72B | 753.87B | 759.14B | -9.51B | 624.24B | 189.41B | 259.26B | 201.88B | 179.26B | 96.82B | 129.6B | 105.73B |
| Gross Margin % | 76.35% | 76.33% | 74.5% | 75.68% | 74.69% | 73.4% | 73.65% | 73.31% | 72.74% | 73.31% | 73.69% | -3.78% | 74.92% | 73.35% | 73.4% | 73.8% | 74.76% | 73.06% | 73.56% | 72.91% |
| Gross Profit Growth % | 76.8% | 118.95% | 112.51% | 65.36% | 31.26% | 25.14% | -4.62% | 9304.4% | 24.27% | 298% | 192.81% | -104.71% | 248.23% | 95.64% | 100.05% | 90.94% | 92.48% | 41.93% | 67.39% | 40.74% |
| Operating Expenses | 976.45B | 2.93T | 889.51B | 1.39T | 906.34B | 983.51B | 760.78B | 918.32B | 816.49B | 827.9B | 816.29B | 748.43B | 636.23B | 249.69B | 793.63B | 223.46B | 176.69B | 100.79B | 138.04B | 106.83B |
| OpEx % of Revenue | 41.42% | 108.27% | 43.07% | 72.68% | 66.48% | 76.52% | 77.38% | 76.94% | 76.56% | 80.51% | 79.23% | 297.77% | 76.36% | 96.69% | 224.68% | 81.68% | 73.69% | 76.06% | 78.35% | 73.67% |
| Selling, General & Admin | 107.65B | 1.99T | 103.92B | 107.14B | 71.29B | 377.41B | 310.47B | 62.13B | 55.37B | 344.17B | 310.21B | 85.25B | 249.22B | 76.94B | 112.45B | 96.87B | 63.7B | 40.06B | 48.8B | 39.23B |
| SG&A % of Revenue | 4.57% | 73.35% | 5.03% | 5.6% | 5.23% | 29.36% | 31.58% | 5.21% | 5.19% | 33.47% | 30.11% | 33.92% | 29.91% | 29.8% | 31.83% | 35.41% | 26.57% | 30.23% | 27.7% | 27.05% |
| 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 | 823.75B | -864.36B | 649.13B | 57.4B | 111.9B | -40.1B | -36.74B | -43.35B | -40.77B | -74.03B | -57.15B | -20.31B | -11.98B | -60.27B | -534.37B | -21.58B | 2.57B | -3.97B | -8.44B | -1.1B |
| Operating Margin % | 34.94% | -31.94% | 31.43% | 3% | 8.21% | -3.12% | -3.74% | -3.63% | -3.82% | -7.2% | -5.55% | -8.08% | -1.44% | -23.34% | -151.28% | -7.89% | 1.07% | -3% | -4.79% | -0.76% |
| Operating Income Growth % | 636.15% | -2055.46% | 1867% | 232.41% | 374.46% | 45.83% | 35.72% | -113.47% | -240.18% | -22.83% | 89.31% | 5.89% | -566.71% | -1417.45% | -6232.1% | -1854.62% | -69.27% | -540.84% | -245.93% | -108.73% |
| EBITDA | 1.35T | -179.95B | 1.13T | 528.03B | 451.95B | 342.66B | 335.39B | 347.86B | 322.98B | 281.65B | 307.41B | 351.28B | 251.23B | 1.29B | -405.79B | 71.55B | 78.59B | 37.19B | 71.07B | 51.67B |
| EBITDA Margin % | 57.16% | -6.65% | 54.84% | 27.62% | 33.15% | 26.66% | 34.11% | 29.14% | 30.29% | 27.39% | 29.84% | 139.76% | 30.15% | 0.5% | -114.88% | 26.15% | 32.78% | 28.07% | 40.34% | 35.63% |
| EBITDA Growth % | 198.17% | -152.51% | 237.66% | 51.8% | 39.93% | 21.66% | 9.1% | -0.98% | 28.56% | 21733.41% | 175.76% | 390.98% | 219.65% | -96.53% | -670.97% | 38.48% | 69.06% | 31.25% | 80.26% | 31.04% |
| D&A (Non-Cash Add-back) | 523.83B | 684.41B | 483.34B | 470.63B | 340.05B | 382.76B | 372.13B | 391.21B | 363.75B | 355.69B | 364.56B | 371.59B | 263.21B | 61.56B | 128.58B | 93.13B | 76.03B | 41.16B | 79.51B | 52.77B |
| EBIT | 1.12T | 333.29B | -133.18B | -185.15B | 272.3B | 118.33B | 47B | 278.12B | 1.42T | -572.26B | -37.41B | -40.08B | 94.87B | -74.91B | -459.7B | 9.97B | 48.99B | 16.77B | 18.64B | 24.23B |
| Net Interest Income | -155.43B | -188.08B | -160.24B | -56.56B | -49.67M | -60.9M | -33.43M | -58.46B | -68.65M | -97.96M | -24.88M | -41.33M | -29.65M | 3.15B | -21.58M | -27.92M | -24.55M | -599M | -31.72M | -4.74B |
| Interest Income | 0 | 0 | 0 | 25.13B | 0 | 0 | 0 | 2.31B | 0 | 0 | 0 | 0 | 0 | 1.16B | 0 | 0 | 3.93M | 4.9B | 5.49M | -1.09B |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Income/Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | 963.64B | 145.22B | -293.42B | -266.83B | 212.95B | 68.4B | 5.19B | 237.58B | 1.38T | -597.25B | 21.19B | -70.1B | 64.81B | -72.94B | -467.41B | 5.34B | 48.45B | 11.27B | 10.52B | 17.1B |
| Pretax Margin % | 40.87% | 5.37% | -14.21% | -13.96% | 15.62% | 5.32% | 0.53% | 19.9% | 129.53% | -58.08% | 2.06% | -27.89% | 7.78% | -28.25% | -132.33% | 1.95% | 20.21% | 8.51% | 5.97% | 11.79% |
| Income Tax | 320.66B | 17.98B | -100.94B | -92.47B | 119.75B | -12.94B | 16.73B | 155.51B | 328.74B | -262.4B | -77.8B | -85.52B | -45.66B | -30.8B | 14.83B | -3.33B | -57M | 2.36B | 5.3B | 36.24B |
| Effective Tax Rate % | 33.28% | 12.38% | 34.4% | 34.66% | 56.23% | -18.91% | 322.54% | 65.46% | 23.8% | 43.93% | -367.23% | 122% | -70.46% | 42.23% | -3.17% | -62.38% | -0.12% | 20.91% | 50.36% | 211.91% |
| Net Income | 636.68B | 119.15B | -200.36B | -178.21B | 89.06B | 73.77B | -16.36B | 76.13B | 1.05T | -339.03B | 93.62B | 3.47B | 107.67B | -42.96B | -483.72B | 7.9B | 48.06B | 8.31B | 4.67B | -19.19B |
| Net Margin % | 27% | 4.4% | -9.7% | -9.32% | 6.53% | 5.74% | -1.66% | 6.38% | 98.3% | -32.97% | 9.09% | 1.38% | 12.92% | -16.64% | -136.94% | 2.89% | 20.04% | 6.27% | 2.65% | -13.23% |
| Net Income Growth % | 614.89% | 61.53% | -1124.64% | -334.07% | -91.5% | 121.76% | -117.48% | 2092.17% | 873.59% | -689.19% | 119.35% | -56.02% | 124.02% | -617.15% | -10466.89% | 141.15% | 254.5% | 304.1% | 186.89% | -1256.33% |
| Net Income (Continuing) | 642.98B | 127.24B | -192.48B | -174.36B | 93.2B | 81.34B | -11.54B | 82.07B | 1.05T | -334.85B | 98.99B | 15.42B | 110.48B | -42.14B | -482.24B | 8.68B | 48.51B | 8.91B | 5.22B | -19.14B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1000K | -1000K | 0 | 0 | 0 | -1000K | 0 | 0 | 0 |
| Minority Interest | 124.54B | 119.4B | 101.59B | 76.43B | 75.29B | 109.78B | 98.8B | 92.77B | 89.92B | 168.88B | 97.81M | 101.05M | 20.34B | 50.48B | 13.03B | 10.83B | 9.8B | 16.7B | 7.73B | 7.17B |
| EPS (Diluted) | 1478.10 | 275.70 | -465.15 | -413.75 | 206.75 | 171.25 | -38.00 | 176.75 | 1560.70 | -787.10 | 70.35 | 29.95 | 249.95 | -33.55 | -1123.00 | 18.35 | 111.60 | 19.20 | 10.85 | -44.55 |
| EPS Growth % | 614.92% | 60.99% | -1124.08% | -334.09% | -86.75% | 121.76% | -154.02% | 490.15% | 524.4% | -2246.05% | 106.26% | 63.22% | 123.97% | -274.74% | -10450.23% | 141.19% | 254.29% | 313.33% | 187.15% | -1250% |
| EPS (Basic) | 1478.10 | 275.70 | -465.15 | -413.75 | 206.75 | 171.25 | -38.00 | 176.75 | 1560.70 | -787.10 | 70.35 | 29.95 | 249.95 | -33.55 | -1123.00 | 18.35 | 111.60 | 19.20 | 10.85 | -44.55 |
| Diluted Shares Outstanding | 430.74M | 430.74M | 430.74M | 430.74M | 430.74M | 430.74M | 430.55M | 430.74M | 430.74M | 430.74M | 430.74M | 430.74M | 430.74M | 430.74M | 430.74M | 430.74M | 430.74M | 430.74M | 430.74M | 430.74M |
| Basic Shares Outstanding | 430.74M | 430.74M | 430.74M | 430.74M | 430.74M | 430.74M | 430.55M | 430.74M | 430.74M | 430.74M | 430.74M | 430.74M | 430.74M | 430.74M | 430.74M | 430.74M | 430.74M | 430.74M | 430.74M | 430.74M |
| Dividend Payout Ratio | - | 20.06% | - | - | - | - | - | - | - | - | 2.8% | - | - | - | - | 5.64% | - | 4.62% | 0.64% | - |