Telefónica

TEF · BME · EUR

€3.31Change from previous close: +1.07%Absolute change: +€0.04

Close · October 2, 2026

At a glance

Revenue growth
−1.36%
2025 vs 2024
Net margin
-12.0%
2024: -0.1%

Financial data

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

Balance sheet · Annual
Item20252024202320222021
Total assets92,017100,502104,324109,642109,213
Current assets22,00522,36920,75622,58924,929
Cash and equivalents6,5648,0627,1517,2458,580
Short-term investments2071392091011,350
Receivables8,5099,6569,0179,8769,272
Inventory8629549291,5461,749
Net property, plant and equipment25,59929,34631,39231,99330,304
Goodwill15,79616,46118,70818,47116,519
Other intangible assets9,1129,87511,37012,01711,725
Long-term investments7,7709,97110,02213,01014,552
Current liabilities24,83725,73423,39923,10025,495
Accounts payable6,4907,7837,6127,5456,982
Long-term debt30,12033,19233,36035,05935,290
Total debt39,65345,02144,11545,388—
Total liabilities74,20977,75377,22877,93480,529
Total equity (incl. minority)17,80822,74927,09631,70828,684
Retained earnings17,65523,75925,95428,75727,129
Minority interest3,5503,4025,2446,6206,477