Telefónica, S.A. (TEF) — Financial statements
Income statement, balance sheet, and cash flow for Telefónica, S.A. — annual and quarterly history with growth and margin analysis.
| Metric (EUR Millions) | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 41,315↑1.6% | 40,652↑1.6% | 39,993↑1.8% | 39,277↓8.8% | 43,076 | |
| Cost of Revenue | 12,557↓38.5% | 20,418↑67.9% | 12,158↑5.8% | 11,487↓5.4% | 12,141 | |
| Gross Profit | 28,758↑42.1% | 20,234↓27.3% | 27,835↑0.2% | 27,790↓10.2% | 30,935 | |
| Operating Expenses | ||||||
| R&D Expenses | 647↓12.7% | 741 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 5,979↓17.8% | 7,275↑29.7% | 5,610↓17.7% | 6,813↑26.9% | 5,369 | |
| Selling & Marketing Expenses | 0.00↑100.0% | -7,120 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 5,979↑3757.4% | 155↓97.2% | 5,610↓17.7% | 6,813↑26.9% | 5,369 | |
| Other Expenses | 19,737↑17.9% | 16,745↓7.8% | 18,169↑145.8% | 7,391↓65.5% | 21,427 | |
| Operating Expenses | 26,363↑49.4% | 17,641↓25.8% | 23,779↑67.4% | 14,204↓47.0% | 26,796 | |
| Total Costs & Expenses | 38,920↑2.3% | 38,059↑5.9% | 35,937↑39.9% | 25,691↓34.0% | 38,937 | |
| Operating Results | ||||||
| Operating Income | 2,395↓7.6% | 2,593↓36.1% | 4,056↓70.1% | 13,586↑228.2% | 4,139 | |
| Depreciation & Amortization | 8,799↑0.0% | 8,797↑0.0% | 8,796↑4.8% | 8,397↓10.3% | 9,359 | |
| EBITDA | 12,354↑19.5% | 10,338↓30.1% | 14,786↓34.3% | 22,520↑56.8% | 14,359 | |
| EBIT | 3,555↑130.7% | 1,541↓74.3% | 5,990↓57.6% | 14,123↑182.5% | 5,000 | |
| Interest & Other Income | ||||||
| Net Interest Income | -2,018↓5.4% | -1,915↓56.1% | -1,227↑13.2% | -1,414↑18.7% | -1,740 | |
| Interest Income | 980↑6.1% | 924↓48.8% | 1,803↑193.6% | 614↓9.3% | 677 | |
| Interest Expense | 2,998↑5.6% | 2,839↓6.3% | 3,030↑49.4% | 2,028↓16.1% | 2,417 | |
| Non-Operating Income | -1,160↓210.3% | 1,052↑154.4% | -1,934↓260.1% | -537↑37.6% | -861 | |
| Other Income / Expenses | -1,838↑54.8% | -4,066↓271.0% | -1,096↑26.5% | -1,491↑4.2% | -1,556 | |
| Income Before Tax | 557↑137.8% | -1,473↓149.8% | 2,960↓75.5% | 12,095↑368.3% | 2,583 | |
| Income Tax Expense | 348↑138.7% | -899↓240.2% | 641↓53.5% | 1,378↑120.1% | 626 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 209↑136.4% | -574↓124.8% | 2,319↓78.4% | 10,717↑447.6% | 1,957 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -49↑94.5% | -892↓144.4% | 2,011↓75.3% | 8,137↑414.3% | 1,582 | |
| Bottom-Line Net Income | -318↑72.3% | -1,146↓163.6% | 1,802↓77.1% | 7,884↑492.3% | 1,331 | |
| EPS (Basic) | -0.06↑78.3% | -0.26↓183.9% | 0.31↓77.5% | 1.38↑500.0% | 0.23 | |
| EPS (Diluted) | -0.06↑71.8% | -0.20↓164.5% | 0.31↓77.5% | 1.38↑500.0% | 0.23 | |
| Weighted Average Shares | 5,634↑27.7% | 4,412↓23.1% | 5,740↑0.2% | 5,727↓1.5% | 5,813 | |
| Weighted Average Diluted Shares | 5,634↓1.4% | 5,716↓0.4% | 5,740↑0.2% | 5,727↓1.6% | 5,820 | |
* All figures in Millions of EUR, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.