Telefonica Brasil S.A.

VIV Communication Services Telecom Services

Telefonica Brasil S.A.’s revenue for fiscal 2025 (year ended December 2025) was $10.7 billion, up 3.09% from fiscal 2024.

Revenue
+20.6%
EPS
+33.0%
Free cash flow
+3.07%
Total debt
+8.82%

Quarter to June 2026, against a year earlier

11.34 0.03 +0.27%
Market cap
$18.1B
P/E
29.4×
Fwd P/E
13.0×
Dividend yield
6.77%
F-score
7/9
Altman Z
n/a
Beneish M
−3.00
Dividend safety
66/100

Telefonica Brasil S.A. (VIV) Operating margin

Alert me on Operating margin

Telefonica Brasil S.A.'s operating margin over the twelve months to 30 June 2026 was 17.0%, up 0.5 percentage points from fiscal 2025 (16.5%). Over the past ten years it has ranged from 13.0% (fiscal 2015) to 21.8% (fiscal 2018); the current reading is higher than 91% of that period. That is above the Telecom Services industry median of 9.22% and above the Communication Services sector median of 0.94%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 16.5% 1.01
FY2024 15.5% 0.33
FY2023 15.2% 1.47
FY2022 13.7% (2.36)
FY2021 16.1% 0.83
FY2020 15.3% (1.04)
FY2019 16.3% (5.46)
FY2018 21.8% 6.41
FY2017 15.4% 0.37
FY2016 15.0% 1.97

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 16.5% 1.45
Mar 2026 15.0% (3.07)
Dec 2025 18.1% (0.42)
Sep 2025 18.5% 3.20
41 more quarters

Against its own ten years

Low 13.0% High 21.8%
Ten-year median 15.4%
Current reading's percentile 80

Operating margin against peers

Company Operating margin
TLK PT Telekomunikasi Indonesia, Tbk compare 28.1%
TIGO Millicom International Cellular SA compare 24.0%
CHTR Charter Communications, Inc. compare 23.3%
VIV Telefonica Brasil S.A. 17.0%
SKM SK Telecom Co., Ltd. compare 7.24%
GSAT Globalstar, Inc. compare 3.83%
TELFY Telefonica SA compare 3.78%
ECHO EchoStar Corporation compare 2.25%
ORANY Orange compare 0.00%
Telecom Services industry median 9.22%
Communication Services sector median 0.94%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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