Telenor ASA
TEL.OL · OSL
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 | 98.95B | 72.55B | 14.06B | 13.65B | 9.75 |
| 2023 FY | 80.45B | 51.83B | 16.96B | 13.73B | 3.52 |
| 2024 FY | 79.93B | 52.68B | 18.62B | 18.34B | 13.51 |
| 2025 FY | 76.55B | 33.18B | 18.15B | 8.19B | 5.98 |
Balance sheet
| Period | Total assets | Liabilities | Cash | Debt | Equity |
|---|---|---|---|---|---|
| 2022 FY | 239.25B | 174.88B | 9.93B | 119.75B | 60.14B |
| 2023 FY | 218.38B | 147.95B | 19.56B | 102.78B | 64.48B |
| 2024 FY | 229.58B | 147.04B | 10.38B | 101.62B | 75.86B |
| 2025 FY | 221.59B | 146.03B | 16.34B | 113.25B | 70.47B |
Cash flow
| Period | Operating cash flow | Capital expenditure | Free cash flow | Dividends paid | Net cash change |
|---|---|---|---|---|---|
| 2022 FY | 39.22B | -19.30B | 19.92B | -13.02B | -7.31B |
| 2023 FY | 29.12B | -14.73B | 14.39B | -13.02B | 9.90B |
| 2024 FY | 31.48B | -13.38B | 18.10B | -13.08B | -9.48B |
| 2025 FY | 31.22B | -11.93B | 19.29B | -13.14B | 6.15B |
Key statistics
| Period | Market cap | Enterprise value | P/E | Price / sales | Debt / equity |
|---|---|---|---|---|---|
| 2022 FY | 128.19B | 238.02B | — | — | — |
| 2023 FY | 161.79B | 245.02B | — | — | — |
| 2024 FY | 174.67B | 265.91B | — | — | — |
| 2025 FY | 200.82B | 297.73B | — | — | — |
Income statement
| Period | Revenue | Gross profit | Operating income | Net income | EPS |
|---|---|---|---|---|---|
| 2025 Q3 | 20.30B | 9.39B | 5.21B | 3.02B | 2.21 |
| 2025 Q4 | 19.84B | 14.99B | 4.03B | -761.00M | -0.56 |
| 2026 Q1 | 18.20B | 14.20B | 4.12B | 8.21B | 6.00 |
| 2026 Q2 | 18.14B | 14.12B | 4.13B | 2.52B | 1.85 |
Balance sheet
| Period | Total assets | Liabilities | Cash | Debt | Equity |
|---|---|---|---|---|---|
| 2025 Q3 | 221.45B | 149.55B | 10.54B | 99.51B | 67.00B |
| 2025 Q4 | 221.59B | 144.83B | 16.34B | 113.25B | 71.61B |
| 2026 Q1 | 221.58B | 140.61B | 47.62B | 97.07B | 75.76B |
| 2026 Q2 | 205.97B | 137.89B | 31.70B | 87.25B | 62.98B |
Cash flow
| Period | Operating cash flow | Capital expenditure | Free cash flow | Dividends paid | Net cash change |
|---|---|---|---|---|---|
| 2025 Q3 | 8.39B | -2.63B | 5.76B | -335.00M | 4.32B |
| 2025 Q4 | 8.68B | -3.31B | 5.37B | -6.29B | 6.02B |
| 2026 Q1 | 5.79B | -2.99B | 2.80B | — | 31.33B |
| 2026 Q2 | 5.68B | -2.34B | 3.34B | -6.51B | -15.81B |
Key statistics
| Period | Market cap | Enterprise value | P/E | Price / sales | Debt / equity |
|---|---|---|---|---|---|
| 2025 Q3 | 226.31B | 315.28B | — | — | — |
| 2025 Q4 | 199.35B | 296.27B | — | — | — |
| 2026 Q1 | 232.97B | 282.42B | — | — | — |
| 2026 Q2 | 193.46B | 249.01B | — | — | — |