Telefônica Brasil

VIVT3 · B3 · BRL

R$30.14+1.89%+R$0.56

Close · October 2, 2026

At a glance

Revenue growth: +6.71%; 2025 vs 2024
Net income growth: +11.17%; 2025 vs 2024
Net margin: 10.3%; 2024: 9.9%

Financial data

Amounts in millions of BRL; per-share values in BRL; shares in millions.

Balance sheet · Annual
Item	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Total assets	128,072	124,941	120,738	119,121	115,664	108,738	108,290	102,561	101,383	102,066
Current assets	25,220	22,814	19,245	17,284	21,060	19,061	18,645	18,363	16,732	18,399
Cash and equivalents	7,032	6,691	4,358	2,274	6,448	5,762	3,393	3,381	4,050	5,105
Short-term investments	99.1	0.0	1.1	1.0	30.1	—	—	—	—	—
Receivables	13,664	12,630	12,008	11,885	12,199	11,214	13,307	13,368	11,317	11,729
Inventory	1,476	1,097	823	790	640	633	578	462	349	410
Net property, plant and equipment	47,357	46,812	46,318	45,898	44,408	44,353	42,847	34,115	33,222	31,925
Goodwill	27,237	26,565	26,391	26,362	22,868	23,026	23,059	23,062	—	23,062
Other intangible assets	20,732	21,697	22,572	23,363	21,236	17,556	18,216	19,159	43,332	21,421
Long-term investments	421	566	439	368	356	144	104	102	98.9	85.7
Current liabilities	25,246	24,258	20,084	22,171	22,459	17,875	17,732	17,161	17,863	20,439
Accounts payable	9,861	9,231	8,170	7,416	7,132	6,613	6,872	7,643	7,447	7,611
Long-term debt	4,492	3,583	4,630	4,830	1,773	1,066	2,591	4,358	5,109	4,234
Total debt	20,444	20,758	18,832	19,466	17,008	13,314	13,881	6,179	8,482	8,686
Total liabilities	59,069	55,141	51,111	50,666	45,657	39,182	37,834	30,954	31,921	32,822
Total equity (incl. minority)	69,003	69,799	69,627	68,456	70,006	69,557	70,456	71,607	69,461	69,244
Retained earnings	8,735	7,523	5,886	4,631	5,533	4,737	5,688	6,793	4,655	4,389
Minority interest	281	69.9	60.5	52.1	79.0	—	—	—	—	—