Turkcell Iletisim Hizmetleri AS
NYSE: TKC · COMMUNICATION SERVICES · TELECOM SERVICES
Updated 2026-06-05
Turkcell Iletisim Hizmetleri AS (TKC) Financial statements
SEC filings — annual and quarterly data.
Balance sheet — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $8.59B | $9.91B | $12.40B | $13.95B | $15.24B | $17.16B | $18.78B | $21.17B | $23.77B | $26.21B | $31.60B | $33.98B | $42.77B | $7.68B | $7.11B | $151.30B | $234.99B | $356.74B | $344.28B | $12.07B |
| Cash & equivalents | $2.25B | $3.62B | $5.01B | $4.63B | $5.14B | $4.73B | $7.03B | $8.09B | $9.06B | $2.92B | $6.05B | $4.71B | $7.42B | $1.72B | $1.60B | $30.60B | $42.78B | $72.16B | $68.93B | $2.16B |
| Current assets | $3.08B | $4.74B | $6.25B | $6.37B | $6.91B | $8.42B | $9.83B | $11.58B | $13.35B | $8.79B | $13.35B | $14.07B | $18.34B | $3.25B | $2.77B | $48.57B | $77.31B | $148.05B | $113.69B | $3.65B |
| Total liabilities | $2.78B | $2.97B | $4.03B | $5.13B | $5.54B | $6.35B | $5.95B | $6.52B | $7.01B | $11.79B | $15.53B | $18.94B | $26.71B | $4.64B | $4.31B | $85.93B | $125.61B | $180.25B | $157.31B | $6.03B |
| Current liabilities | $2.31B | $2.62B | $3.24B | $3.44B | $2.82B | $3.89B | $4.21B | $4.29B | $5.01B | $6.30B | $7.36B | $9.22B | $11.74B | $2.13B | $1.56B | $28.26B | $48.48B | $83.35B | $90.83B | $2.14B |
| Long-term debt | $113.50M | $140.40M | $130.02M | $821.18M | $1.41B | $1.06B | $619.20M | $716.15M | $538.13M | $3.45B | $6.89B | $8.15B | $13.12B | $11.58B | $14.83B | $25.92B | $34.95B | $56.29B | $48.66B | $110.21B |
| Shareholder equity | $5.68B | $6.78B | $8.28B | $8.77B | $9.74B | $10.92B | $12.97B | $14.84B | $17.15B | $14.35B | $16.01B | $14.99B | $15.92B | $3.03B | $2.80B | $65.37B | $109.37B | $176.50B | $186.97B | $6.04B |
| Retained earnings | $3.38B | $3.77B | $6.82B | $6.29B | $7.16B | $11.41B | $12.91B | $17.91B | $21.63B | $11.26B | $12.78B | $11.31B | $11.36B | $2.22B | $2.21B | $44.64B | $77.39B | $125.78B | $177.55B | $4.53B |
| Accounts receivable | $598.64M | $492.49M | $1.00B | $1.44B | $1.41B | $1.67B | $2.29B | $2.95B | $3.77B | $4.94B | $5.07B | $6.12B | $7.23B | $1.25B | $897.99M | $13.04B | $20.81B | $31.12B | $31.04B | $1.00B |
| Inventory | $15.54M | $27.41M | $29.90M | $42.21M | $37.95M | $49.15M | $87.62M | $69.74M | $71.56M | $75.47M | $131.97M | $104.10M | $180.43M | $29.98M | $27.41M | $458.72M | $494.99M | $780.38M | $674.61M | $20.90M |
| Goodwill | — | — | $244.64M | $184.36M | $219.85M | $17.38M | $33.00M | $32.66M | $32.94M | $32.83M | $32.83M | $32.83M | $32.83M | $5.52M | $5.38M | $259.36M | $419.75M | $588.96M | $588.96M | $17.94M |
Frequently asked questions
What is Turkcell Iletisim Hizmetleri AS's revenue?
Turkcell Iletisim Hizmetleri AS's trailing twelve-month revenue is $185.12B. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is TKC?
In its most recent fiscal year, TKC ran a gross margin of 28.66%, an operating margin of 17.03%, and a net margin of 7.29%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does TKC generate?
TKC produced $73.90B in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is TKC's balance sheet healthy?
TKC holds $2.16B in cash and equivalents against $110.21B in long-term debt, on $6.04B of shareholder equity. That debt is best read against the cash flow the business throws off each year.