Telefônica Brasil S.A. (VIV) — Financial statements
Income statement, balance sheet, and cash flow for Telefônica Brasil S.A. — annual and quarterly history with growth and margin analysis.
| Metric (BRL Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 58,424↑4.6% | 55,845↑7.2% | 52,100↑8.4% | 48,041↑9.1% | 44,033 | |
| Cost of Revenue | 34,805↑11.0% | 31,352↑6.6% | 29,415↑7.2% | 27,432↑10.7% | 24,781 | |
| Gross Profit | 23,620↓3.6% | 24,493↑8.0% | 22,685↑10.1% | 20,609↑7.1% | 19,251 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00↓100.0% | 5,951↑7.1% | 5,555↓10.2% | 6,183↑39.3% | 4,440 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 6,114↑1.6% | 6,017↑3.0% | 5,842↓1.0% | 5,902 | |
| SG&A Expenses | 14,257↑18.2% | 12,065↑4.3% | 11,572↓3.8% | 12,025↑16.3% | 10,342 | |
| Other Expenses | 467↓87.6% | 3,755↑17.5% | 3,195↑60.9% | 1,986↑8.9% | 1,823 | |
| Operating Expenses | 14,724↓6.9% | 15,819↑7.1% | 14,767↑5.4% | 14,012↑15.2% | 12,165 | |
| Total Costs & Expenses | 49,529↑5.0% | 47,172↑6.8% | 44,182↑6.6% | 41,443↑12.2% | 36,947 | |
| Operating Results | ||||||
| Operating Income | 8,896↑2.6% | 8,674↑9.5% | 7,918↑20.0% | 6,598↓6.9% | 7,086 | |
| Depreciation & Amortization | 14,651↑3.2% | 14,202↑6.1% | 13,390↑5.8% | 12,660↑5.2% | 12,038 | |
| EBITDA | 24,238↑12.5% | 21,543↑10.3% | 19,524↑9.5% | 17,837↓2.0% | 18,192 | |
| EBIT | 9,587↑30.6% | 7,341↑19.7% | 6,134↑18.5% | 5,177↓15.9% | 6,154 | |
| Interest & Other Income | ||||||
| Net Interest Income | -1,311↓553.8% | 289↑192.8% | -311↑78.8% | -1,470↓194.1% | -500 | |
| Interest Income | 1,148↑32.6% | 866↑516.6% | 140↓80.7% | 726↑71.0% | 425 | |
| Interest Expense | 2,459↑326.1% | 577↑27.8% | 452↓79.4% | 2,196↑137.6% | 924 | |
| Non-Operating Income | -692↓151.9% | 1,332↓25.3% | 1,784↑25.5% | 1,421↑52.4% | 932 | |
| Other Income / Expenses | -1,768↑7.4% | -1,910↑18.5% | -2,344↓32.7% | -1,766↓56.8% | -1,127 | |
| Income Before Tax | 7,128↑5.4% | 6,764↑21.3% | 5,574↑15.4% | 4,832↓18.9% | 5,960 | |
| Income Tax Expense | 1,072↓11.2% | 1,206↑126.0% | 534↓31.0% | 774↑386.7% | -270 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 6,056↑9.0% | 5,557↑10.3% | 5,040↑24.2% | 4,058↓34.9% | 6,229 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 6,047↑9.0% | 5,548↑10.3% | 5,029↑23.1% | 4,085↓34.5% | 6,239 | |
| Bottom-Line Net Income | 6,047↑9.0% | 5,548↑10.3% | 5,029↑23.1% | 4,085↓34.5% | 6,239 | |
| EPS (Basic) | 3.78↑11.8% | 3.38↑11.6% | 3.03↑24.2% | 2.44↓34.2% | 3.71 | |
| EPS (Diluted) | 3.78↑11.8% | 3.38↑11.6% | 3.03↑24.2% | 2.44↓34.2% | 3.71 | |
| Weighted Average Shares | 1,612↓1.8% | 1,641↓1.0% | 1,659↓0.7% | 1,671↓0.7% | 1,683 | |
| Weighted Average Diluted Shares | 1,612↓1.8% | 1,641↓1.0% | 1,659↓0.7% | 1,671↓0.7% | 1,683 | |
* All figures in Millions of BRL, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.