VIV
Telefonica Brasil SA ADR
NYSE: VIV · COMMUNICATION SERVICES · TELECOM SERVICES
$15.21
-3.00% today
Updated 2026-04-29
Market cap
$24.30B
P/E ratio
20.01
P/S ratio
0.41x
EPS (TTM)
$0.76
Dividend yield
6.11%
52W range
$9 – $17
Volume
1.0M
Telefonica Brasil SA ADR (VIV) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $14.61B | $14.73B | $15.98B | $15.81B | $15.80B | $29.12B | $33.92B | $34.72B | $35.00B | $40.29B | $42.51B | $43.21B | $43.46B | $44.27B | $43.13B | $44.03B | $48.04B | $52.10B | $55.85B | $58.42B |
| Revenue growth (YoY) | — | +0.8% | +8.5% | -1.1% | -0.0% | +84.3% | +16.5% | +2.4% | +0.8% | +15.1% | +5.5% | +1.6% | +0.6% | +1.9% | -2.6% | +2.1% | +9.1% | +8.4% | +7.2% | +4.6% |
| Cost of revenue | $7.76B | $8.02B | $8.73B | $9.09B | $8.84B | $15.04B | $16.56B | $17.54B | $17.22B | $20.35B | $20.82B | $20.27B | $21.03B | $22.16B | $22.69B | $24.78B | $27.43B | $29.42B | $31.35B | $34.80B |
| Gross profit | $6.85B | $6.70B | $7.25B | $6.71B | $6.95B | $14.08B | $17.36B | $17.18B | $17.78B | $19.94B | $21.69B | $22.93B | $22.44B | $22.11B | $20.43B | $19.25B | $20.61B | $22.68B | $24.49B | $23.62B |
| Gross margin | 46.9% | 45.5% | 45.4% | 42.5% | 44.0% | 48.4% | 51.2% | 49.5% | 50.8% | 49.5% | 51.0% | 53.1% | 51.6% | 49.9% | 47.4% | 43.7% | 42.9% | 43.5% | 43.9% | 40.4% |
| R&D | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| SG&A | $983000.00 | $1.00B | $677.19M | $754.98M | $1.09B | $2.59B | $3.08B | $3.13B | $3.24B | $3.80B | $4.50B | $1.93B | $1.99B | $1.64B | $1.57B | $4.44B | $6.18B | $5.55B | $5.95B | $12.87B |
| Operating income | $3.89B | $3.21B | $3.44B | $3.42B | $3.26B | $5.80B | $7.21B | $4.93B | $5.11B | $5.24B | $6.37B | $6.63B | $9.46B | $7.21B | $6.58B | $7.09B | $6.60B | $7.92B | $8.67B | $8.90B |
| Operating margin | 26.6% | 21.8% | 21.5% | 21.7% | 20.7% | 19.9% | 21.3% | 14.2% | 14.6% | 13.0% | 15.0% | 15.3% | 21.8% | 16.3% | 15.3% | 16.1% | 13.7% | 15.2% | 15.5% | 15.2% |
| EBITDA | $6.56B | $5.91B | $6.70B | $6.14B | $5.71B | $10.72B | $13.10B | $10.53B | $10.23B | $11.43B | $13.07B | $13.72B | $19.83B | $17.46B | $17.36B | $18.19B | $17.84B | $19.52B | $21.54B | $24.24B |
| EBITDA margin | 44.9% | 40.1% | 41.9% | 38.8% | 36.2% | 36.8% | 38.6% | 30.3% | 29.2% | 28.4% | 30.7% | 31.8% | 45.6% | 39.4% | 40.3% | 41.3% | 37.1% | 37.5% | 38.6% | 41.5% |
| EBIT | $3.89B | $3.21B | $3.92B | $3.63B | $3.80B | $6.14B | $7.61B | $4.89B | $4.94B | $4.61B | $5.41B | $5.87B | $11.46B | $6.54B | $6.14B | $6.15B | $5.18B | $6.13B | $7.34B | $9.59B |
| Interest expense | $0.00 | $0.00 | $290.82M | $442.87M | $120.70M | $484.66M | $889.80M | $1.01B | $1.08B | $380.30M | $361.40M | $1.07B | $510.40M | $247.28M | $777.85M | $924.00M | $2.20B | $451.69M | $577.23M | $2.46B |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $2.81B | $2.36B | $2.42B | $2.17B | $2.40B | $4.36B | $4.45B | $3.72B | $4.94B | $3.33B | $4.09B | $4.61B | $8.93B | $5.00B | $4.77B | $6.24B | $4.09B | $5.03B | $5.55B | $6.05B |
| Net income growth (YoY) | — | -15.9% | +2.4% | -10.2% | +10.4% | +81.6% | +2.2% | -16.5% | +32.9% | -32.5% | +22.6% | +12.8% | +93.7% | -44.0% | -4.6% | +30.8% | -34.5% | +23.1% | +10.3% | +9.0% |
| Profit margin | 19.2% | 16.0% | 15.1% | 13.7% | 15.2% | 15.0% | 13.1% | 10.7% | 14.1% | 8.3% | 9.6% | 10.7% | 20.5% | 11.3% | 11.1% | 14.2% | 8.5% | 9.7% | 9.9% | 10.3% |