Telefonica Brasil SA ADR's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Telefonica Brasil SA ADR reported revenue of $59.6B (+6.7% year on year) and net income of $6.2B (+11.2% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net operating revenue | $59.6B | $55.8B | $52.1B | $48.0B |
| Cost of sales | ($32.9B) | ($31.4B) | ($29.4B) | ($27.4B) |
| Gross profit | $26.7B | $24.5B | $22.7B | $20.6B |
| Operating (Expenses) income | ($16.8B) | ($15.8B) | $14.8B | ($14.0B) |
| Selling expenses | ($13.3B) | ($13.0B) | $12.4B | ($11.8B) |
| General and administrative expenses | ($3.8B) | ($3.2B) | $3.0B | ($2.7B) |
| Other operating income (expense) | ($327.6M) | ($343.8M) | $640.3M | — |
| Equity | $18.2M | $4.4M | ($10.7M) | ($23.7M) |
| Profit (loss) from operating activities | $9.9B | $8.7B | $7.9B | $6.6B |
| Financial income (expenses), net | ($2.6B) | ($1.9B) | ($2.3B) | — |
| Income before taxes | $7.3B | $6.8B | $5.6B | $4.8B |
| Income and social contribution taxes | ($1.1B) | ($1.2B) | ($533.9M) | ($773.7M) |
| Net income for the year | $6.2B | $5.6B | $5.0B | $4.1B |
| Controlling shareholders | $6.2B | $5.5B | $5.0B | $4.1B |
| Non-controlling shareholders | $9.6M | $9.4M | $10.6M | ($27.1M) |
| Basic and diluted earnings per common share (in R$) | $1.91 | $3.38 | $3.03 | $2.44 |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and cash equivalents | $7.0B | $6.7B | $4.4B | $2.3B |
| Financial investments | $99.1M | $0 | $1.1M | $1.0M |
| Trade accounts receivable | $10.6B | $9.5B | $9.3B | $8.7B |
| Inventories | $1.5B | $1.1B | $822.8M | $789.7M |
| Prepaid expenses | $2.4B | $1.9B | $1.4B | $1.1B |
| Income and social contribution taxes recoverable | $356.3M | $852.7M | $752.6M | $622.5M |
| Taxes, charges and contributions recoverable | $2.7B | $2.3B | $1.9B | $2.6B |
| Judicial deposits and garnishments | $107.6M | $151.0M | $72.5M | $592.4M |
| Derivative financial instruments | $7.7M | $15.5M | $8.3M | $113.5M |
| Other assets | $419.3M | $360.1M | $539.3M | $487.2M |
| Current assets | $25.2B | $22.8B | $19.2B | $17.3B |
| Financial investments | $41.3M | $42.6M | $36.2M | $43.5M |
| Trade accounts receivable | $283.5M | $370.1M | $351.0M | $399.0M |
| Prepaid expenses | $2.5B | $2.1B | $1.5B | $993.4M |
| Deferred taxes | $314.3M | $158.2M | $177.2M | $379.1M |
| Taxes, charges and contributions recoverable | $618.9M | $606.3M | $675.3M | $869.5M |
| Judicial deposits and garnishments | $2.9B | $2.9B | $2.8B | $2.8B |
| Derivative financial instruments | $8.6M | $1.8M | $77.0M | $44.5M |
| Other assets | $485.9M | $368.8M | $144.3M | $326.3M |
| Long-term assets | $7.1B | — | — | — |
| Investments | $420.9M | $566.4M | $438.9M | $368.2M |
| Property, plant and equipment | $47.4B | $46.8B | $46.3B | $45.9B |
| Intangible assets | $48.0B | $48.3B | $49.0B | $49.7B |
| Non-current assets | $102.9B | $102.1B | $101.5B | $101.8B |
| TOTAL ASSETS | $128.1B | $124.9B | $120.7B | $119.1B |
| Personnel, social charges and benefits | $1.3B | $1.2B | $1.2B | $1.0B |
| Trade accounts payable | $9.9B | $9.2B | $8.2B | $7.4B |
| Income and social contribution taxes payable | $130.9M | $9.9M | $3.5M | $3.1M |
| Taxes, charges and contributions payable | $1.5B | $1.6B | $1.6B | $1.1B |
| Dividends and interest on equity | $2.8B | $0 | $51.0K | $3.2B |
| Provisions and contingencies | $1.6B | $1.8B | $901.0M | $1.9B |
| Deferred income | $1.1B | $1.0B | $960.1M | $845.6M |
| Loans, financing, debentures and leases | $5.3B | $6.4B | $4.5B | $6.0B |
| Derivative financial instruments | $53.0M | $866.0K | $6.9M | $86.5M |
| Other liabilities | $1.5B | $717.0M | $509.5M | $601.1M |
| Current liabilities | $25.2B | $24.3B | $20.1B | $22.2B |
| Personnel, social charges and benefits | $113.2M | $75.5M | $81.2M | $61.7M |
| Income and social contribution taxes payable | $261.4M | $215.4M | $197.2M | $104.4M |
| Taxes, charges and contributions payable | $6.6B | $5.1B | $3.9B | $2.8B |
| Deferred taxes | $4.2B | $4.0B | $3.4B | $3.8B |
| Provisions and contingencies | $5.6B | $5.4B | $7.1B | $6.7B |
| Loans, financing, debentures and leases | $15.0B | $14.3B | $14.3B | $13.3B |
| Deferred income | $226.4M | $126.9M | $126.5M | $137.8M |
| Derivative financial instruments | $43.9M | $10.4M | $87.8M | $77.6M |
| Other liabilities | $1.7B | $1.6B | $1.9B | $1.5B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Income before taxes | $7.3B | $6.8B | $5.6B | $4.8B |
| Depreciation and amortization | $14.9B | $14.2B | $13.4B | $12.7B |
| Foreign exchange on loans and derivative financial instruments | $102.0M | ($66.3M) | $57.8M | $199.6M |
| Indexation accruals on assets and liabilities | $570.0M | ($61.3M) | $583.9M | $761.1M |
| Equity | $18.2M | $4.4M | $10.7M | $23.7M |
| Losses (gains) on write-off/sale of assets | ($594.2M) | ($405.1M) | ($403.3M) | ($708.5M) |
| Impairment losses - trade accounts receivable | $1.6B | $1.5B | $1.4B | $1.3B |
| Change in liability provision | $167.7M | $93.0M | — | — |
| Pension plans and other post-retirement benefits | ($40.0M) | $84.4M | $66.7M | $33.8M |
| Provisions for tax, civil, labor and regulatory contingencies | $731.9M | $321.9M | $661.7M | $653.7M |
| Interest expense | $2.3B | $2.1B | $2.1B | $1.9B |
| Partial debt reversal through post-closing price adjustment - Garliava Acquisition | $0 | $0 | ($244.2M) | — |
| Reversals of provisions for fines for canceling leases and dismantling contracts | ($22.6M) | ($15.9M) | ($340.0M) | — |
| Adjustments for the reversal of provisions for customer refunds | ($90.7M) | — | — | — |
| Adjustments for gains (losses) on the revaluation of equity interests in the acquisition of control and other investment gains | ($134.9M) | — | — | — |
| Other | $68.0M | $1.2M | ($38.9M) | ($9.4M) |
| Trade accounts receivable | ($2.4B) | ($1.7B) | ($1.9B) | ($854.3M) |
| Inventories | ($423.2M) | ($311.2M) | ($100.8M) | ($179.6M) |
| Taxes recoverable | ($797.3M) | ($444.7M) | ($376.3M) | ($631.5M) |
| Prepaid expenses | ($924.2M) | ($1.1B) | ($473.3M) | ($483.7M) |
| Other assets | $33.8M | $160.7M | $61.6M | $139.2M |
| Personnel, social charges and benefits | $38.9M | $24.5M | $169.5M | $184.7M |
| Trade accounts payable | $507.9M | $1.1B | $800.2M | $231.9M |
| Taxes, charges and contributions | $1.9B | $888.5M | $2.4B | $2.1B |
| Write-offs for payments of provision for legal demands, contingent liabilities, fines for canceling lease contracts and amounts to be refunded to customers | ($988.2M) | ($861.3M) | ($1.7B) | ($1.1B) |
| Other liabilities | $125.9M | $348.4M | $60.1M | $291.4M |
| Total adjustments | $16.7B | $16.1B | $16.2B | $16.8B |
| Cash generated from operations | $23.9B | $22.8B | $21.7B | $21.6B |
| Interest paid | ($2.3B) | ($2.1B) | ($2.1B) | ($1.5B) |
| Income and social contribution taxes paid | ($896.2M) | ($862.1M) | ($901.7M) | ($1.1B) |
| Net cash generated by operating activities | $20.7B | $19.9B | $18.8B | $18.9B |
| Additions to PP&E, intangible assets and others | ($9.5B) | ($9.3B) | ($8.8B) | ($9.9B) |
| Proceeds from sale of PP&E | $436.5M | $376.6M | $434.4M | $778.0M |
| Payment for acquisition of investments and capital contribution in subsidiary | ($1.1B) | ($168.5M) | ($63.8M) | ($5.0B) |
| Receipts (payments), net of judicial deposits | $157.0M | $45.5M | $393.6M | ($411.7M) |
| Net payments of receipts from financial investments | ($88.7M) | ($5.3M) | — | — |
| Receipt of dividends and interest on equity | $0 | $51.0K | — | — |
| Cash received from sale of investments | $0 | $161.1M | $196.1M | $232.1M |
| Net cash used in investing activities | ($10.0B) | ($8.9B) | ($7.9B) | ($14.2B) |
| Additions from loans and debentures | $20.0M | $83.1M | $30.0M | $4.5B |
| Payments of loans, financing, debentures, leases, 5G licenses and contingent liabilities | ($5.2B) | ($3.5B) | ($4.5B) | ($7.0B) |
| Receipts - derivative financial instruments | $48.3M | $105.2M | $27.5M | $55.6M |
| Payments - derivative financial instruments | ($135.6M) | ($50.9M) | ($135.2M) | ($166.7M) |
| Payment for acquisitions of shares for treasury | -1.7B | -1.3B | -488.8M | -607.4M |
| Dividend and interest on equity paid | ($2.2B) | ($2.5B) | ($3.8B) | ($5.7B) |
Telefonica Brasil SA ADR score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.