Quarterly ResultMay 11, 2026, 06:08 AM
Telefônica Brasil Q1 Net Income +19.2% to R$1.26B; Revenue +7.4%
AI Summary
Telefônica Brasil S.A. reported strong first-quarter 2026 results, with net income increasing by 19.2% year-over-year to R$1,261.1 million, marking its highest increase since Q1 2024. Net revenue grew 7.4% to R$15,457.0 million, driven by robust performance in postpaid mobile, FTTH, and corporate digital services. The company also announced significant shareholder remuneration totaling R$6,990.0 million, including a R$4,000.0 million capital reduction and a new R$1.0 billion share buyback program.
Key Highlights
- Net income increased +19.2% YoY to R$1,261.1 million.
- Net revenue grew +7.4% YoY to R$15,457.0 million.
- EBITDA rose +8.9% YoY to R$6,209.3 million, with a 40.2% margin.
- Shareholder remuneration committed R$6,990.0 million, +9.6% over FY2025.
- New share buyback program approved for up to R$1.0 billion until Feb 2027.
- Postpaid accesses grew +7.2% YoY to 51.6 million.
- FTTH homes connected increased +11.5% YoY to 8.0 million.
- Digital services revenues (LTM) reached R$5,401 million, up +23.8% YoY.