Telefónica enters 8,958 million euros in the third quarter of 2025

Telefónica has presented his third quarter 2025 resultsas well as the first nine months of the year, which show an increase in the company’s revenue and EBITDA organically. Its growth in Spain and Brazil also stands out.

The operator’s main markets have advanced in their operations in the reported period. Thus, Telefónica Spain has had a net growth in fixed broadband accesses in the quarter of 2.4%, the highest in the last nine years. This has caused its quarterly income to grow by 1.6%, its profitability by 1.1% (EBITDA) and its operating cash by 3.9%.

Telefónica Brasil has grown 6.5% in revenue, 8.8% in EBITDA and 13.6% in EBITDAaL-CapEx in local currency. As for Telefónica Germany, it has continued to grow, as it has done in recent quarters, and has improved the EBITADaL-CapEx margin by 0.2%.

The Group has earned 8,958 million euros in the third quarterand 26,970 million euros until September, with organic growth of 0.4% and 1.1%, respectively. However, due to the impact of exchange rates, Telefónica’s revenues have decreased by 1.6% in the third quarter, and by 2.8% until September.

Its EBITDA has increased organically by 1.2% in the quarter, to 3,071 million euros, and by 0.9% in the first nine months of the year, to 8,938 million euros. Reportedly, it has fallen 1.5% between July and September, and 3.6% between January and September.

Telefónica’s net profit in the third quarter reached 276 million euros, of which 271 million came from continuing operations. That is, those that continue to be part of the Group. In addition, 5 million come from discontinued operations (Argentina, Peru, Uruguay and Ecuador). In the accumulated of the first nine months, Telefónica loses 1,080 million euros, with 828 million euros of profit from continuing operations and with losses of 1,908 million euros from discontinued operations.

In Latin America, Telefónica has continued with its divestment process, and in October it closed the sales of Telefónica Uruguay and Telefónica Ecuador, which succeed those of Telefónica Argentina and Telefónica del Perú.

Between July and September, Telefónica has allocated 1,167 million euros to investment, which means that in the first nine months of 2025 it has allocated 3,170 million euros for this purpose. Its EBITDAaL-CapEx has increased 3.4% in the quarter, to 1,252 million euros. Free cash flow reached 123 million euros in the third quarter, and 414 million euros until September. The group’s net financial debt, as of September 30, amounted to 28,233 million euros.

Telefónica closed September with 350.2 million accesses. 16.4 million correspond to fiber connections, 8% more than a year ago. In addition, it leads infrastructure deployments, with 82.6 million real estate units (9% more) with FTTH, and 78% 5G coverage in its main markets.