Telefónica, S.A.
TEF.MC · BME
Financial statements
Annual and quarterly income, balance-sheet, cash-flow and key-statistics data.
Income statement
| Period | Revenue | Gross profit | Operating income | Net income | EPS |
|---|---|---|---|---|---|
| 2022 FY | 39.99B | 27.05B | 4.06B | 2.01B | 0.31 |
| 2023 FY | 40.65B | 20.23B | 2.59B | -892.00M | -0.20 |
| 2024 FY | 41.32B | 28.76B | 2.40B | -49.00M | -0.06 |
| 2025 FY | 35.12B | 2.60B | 1.47B | -4.32B | -0.81 |
Balance sheet
| Period | Total assets | Liabilities | Cash | Debt | Equity |
|---|---|---|---|---|---|
| 2022 FY | 109.64B | 77.93B | 7.25B | 8.68B | 25.09B |
| 2023 FY | 104.32B | 77.23B | 7.15B | 44.35B | 14.30B |
| 2024 FY | 100.50B | 77.75B | 8.06B | 45.02B | 19.35B |
| 2025 FY | 92.02B | 74.21B | 6.56B | 39.65B | 14.26B |
Cash flow
| Period | Operating cash flow | Capital expenditure | Free cash flow | Dividends paid | Net cash change |
|---|---|---|---|---|---|
| 2022 FY | 10.81B | -5.51B | 5.30B | -1.40B | -1.34B |
| 2023 FY | 11.65B | -6.16B | 5.49B | -1.70B | -94.00M |
| 2024 FY | 10.99B | -5.79B | 5.20B | -1.76B | 911.00M |
| 2025 FY | 9.72B | -5.06B | 4.67B | -1.86B | -1.50B |
Key statistics
| Period | Market cap | Enterprise value | P/E | Price / sales | Debt / equity |
|---|---|---|---|---|---|
| 2022 FY | 19.46B | 20.89B | — | — | — |
| 2023 FY | 20.01B | 57.21B | — | — | — |
| 2024 FY | 22.20B | 59.16B | — | — | — |
| 2025 FY | 19.67B | 52.76B | — | — | — |
Income statement
| Period | Revenue | Gross profit | Operating income | Net income | EPS |
|---|---|---|---|---|---|
| 2025 Q2 | 8.79B | 8.79B | 1.00B | -51.00M | -0.01 |
| 2025 Q3 | 9.36B | 3.13B | 952.00M | 276.00M | 0.05 |
| 2025 Q4 | 9.17B | -1.99B | -1.52B | -3.24B | -0.57 |
| 2026 Q1 | 8.13B | 831.00M | 1.12B | -412.00M | -0.07 |
Balance sheet
| Period | Total assets | Liabilities | Cash | Debt | Equity |
|---|---|---|---|---|---|
| 2025 Q2 | 94.37B | 73.40B | 6.51B | 7.55B | 17.28B |
| 2025 Q3 | 92.57B | 71.23B | 4.39B | 42.90B | 17.61B |
| 2025 Q4 | 92.02B | 74.21B | 6.56B | 47.57B | 14.26B |
| 2026 Q1 | 89.54B | 71.29B | 6.27B | 42.07B | 14.52B |
Cash flow
| Period | Operating cash flow | Capital expenditure | Free cash flow | Dividends paid | Net cash change |
|---|---|---|---|---|---|
| 2025 Q2 | 2.61B | -1.30B | 1.31B | -812.00M | -554.00M |
| 2025 Q3 | 2.44B | -1.58B | 864.18M | -244.38M | -2.48B |
| 2025 Q4 | 3.26B | -1.04B | 2.22B | -818.00M | 2.17B |
| 2026 Q1 | 1.47B | -1.15B | 321.00M | -107.00M | -295.00M |
Key statistics
| Period | Market cap | Enterprise value | P/E | Price / sales | Debt / equity |
|---|---|---|---|---|---|
| 2025 Q2 | 25.14B | 26.18B | — | — | — |
| 2025 Q3 | 25.26B | 63.77B | — | — | — |
| 2025 Q4 | 19.66B | 60.66B | — | — | — |
| 2026 Q1 | 21.38B | 57.18B | — | — | — |