Telefonica Brasil, S.A. (VIV)

NYSE: VIV · Telephone Communications (No Radiotelephone) · Sao Paulo-Sp, BR · filing with the SEC since 1998

Grade5.8

◀ Past 6.7● Present 5.6▶ Future 5.3

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Income statement, as filed

In thousands of Brazilian reais (BRL), as filed; per-share figures in Brazilian reais; share counts.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Feb 24, 2026	Feb 27, 2025	Feb 22, 2024	Feb 17, 2023	Feb 24, 2022	Feb 25, 2021	Feb 20, 2020	Feb 21, 2019	Feb 21, 2018	Feb 23, 2017
For lenders
Net interest income	-2,325,052	-2,141,361	-2,092,184	-1,850,286	-924,215	-648,816	·	·	·	·
Cost of revenue	32,925,368	31,352,158	29,415,400	27,431,680	24,781,369	22,693,083	22,158,947	21,025,767	20,272,530	20,823,014
Gross profit	26,669,632	24,492,890	22,684,751	20,609,482	19,251,244	20,433,389	22,109,224	22,436,973	22,934,302	21,685,445
Sales and marketing	13,348,112	12,953,799	12,439,240^r	11,839,126	-11,594,117^r	11,871,555	12,701,222	12,832,741	13,136,474	12,455,366
General and administrative	3,771,605	3,205,014	2,957,296^r	2,737,600	-2,615,905^r	2,524,993	2,498,096	2,598,970	2,443,105	2,793,386
Total operating expenses	50,045,085	47,510,971	44,811,936	42,008,406	38,991,391	37,089,631	37,358,265	36,457,478	35,852,109	36,071,766
Operating income	9,859,278	8,673,512	7,917,825	6,597,911	7,086,109	6,581,663^r	7,214,676^r	9,456,184	6,632,237	6,368,019
Finance costs	4,429,241	3,453,976	4,386,077	3,982,518	2,437,113	1,924,959	1,953,011	2,285,487	2,659,002	4,015,900
Finance income	1,840,906	1,544,273	2,042,168	2,216,198	1,310,533	1,351,530	1,132,870	4,112,640	1,755,958	2,781,359
Net finance income (costs)	-2,588,335	-1,909,703	-2,343,909	-1,766,320	-1,126,580	-573,429	-820,141	1,827,153	-903,044	-1,234,541
Share of profit of equity-method investments	-18,227	-4,351	-10,710^r	-23,742	-117,262^r	734	752	-5,847	1,580	1,244
Income before income taxes	7,270,943	6,763,809	5,573,916	4,831,591	5,959,529	6,008,234	6,394,535	11,277,490	5,730,773	5,134,722
Income tax expense	1,093,400	1,206,477	533,939	773,689	-269,828	1,237,707	1,393,521	2,349,232	1,121,983	1,049,480
Net income	6,177,543	5,557,332	5,039,977	4,057,902	6,229,357	4,770,527	5,001,014	8,928,258	4,608,790	4,085,242
Net income to non-controlling interests	9,637	9,384	10,588	-27,111	-10,007	·	·	·	·	·
Net income to shareholders	6,167,906	5,547,948	5,029,389	4,085,013	6,239,364	4,770,527	5,001,014	·	·	·
Net income to ordinary shareholders	6,167,906	5,547,948	5,029,389	4,085,013	6,239,364	4,770,527	5,001,014	8,928,258	4,608,790	4,085,242
Earnings per share, basic	1.91	1.69^r	1.52^r	1.22^b	1.855^b	·	·	·	·	·
Earnings per share, diluted	1.91	1.69^r	1.52^r	1.22^b	1.855^b	·	·	·	·	·
Weighted average shares, basic	3,223,658,000	3,286,264,000^r	3,317,207,000^r	3,341,702,000^b	3,366,190,000^b	3,377,230,000^b	3,377,388,000^b	3,377,388,000^b	3,377,388,000^rb	3,377,388,000^b
Weighted average shares, diluted	·	1,643,132	1,658,604	·	·	·	·	·	·	·

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 2-for-1 split.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Net interest income interest earned less interest paidifrs-full:InterestRevenueExpense

Cost of revenue what it cost to make or buy what it soldifrs-full:CostOfSales

Gross profit revenue less the cost of what it soldifrs-full:GrossProfit

Sales and marketing the cost of finding and serving customersifrs-full:SellingExpense

General and administrative the cost of running the company itselfifrs-full:GeneralAndAdministrativeExpense

Total operating expenses the running costs togetherifrs-full:OperatingExpense

Operating income profit from running the business, before interest and taxifrs-full:ProfitLossFromOperatingActivities

Finance costs what its borrowing costifrs-full:FinanceCosts

Finance income what its cash and investments earnedifrs-full:FinanceIncome

Net finance income (costs) interest earned less interest paid, outside the businessifrs-full:FinanceIncomeCost

Share of profit of equity-method investments its share of companies it partly ownsifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod

Income before income taxes profit before taxifrs-full:ProfitLossBeforeTax

Income tax expense tax charged on the period's profitifrs-full:IncomeTaxExpenseContinuingOperations

Net income the whole group's profit, minority holders' share includedifrs-full:ProfitLoss

Net income to non-controlling interests the share that belongs to minority holdersifrs-full:ProfitLossAttributableToNoncontrollingInterests

Net income to shareholders the profit or loss that belongs to the company's shareholdersifrs-full:ProfitLossAttributableToOwnersOfParent

Net income to ordinary shareholders what is left for common shareholdersifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity

Earnings per share, basic net income per share outstandingifrs-full:BasicEarningsLossPerShare

Earnings per share, diluted net income per share, counting every share that could be issuedifrs-full:DilutedEarningsLossPerShare

Weighted average shares, basic the average count of shares outstandingifrs-full:WeightedAverageShares

Weighted average shares, diluted the average count with every share that could be issuedifrs-full:AdjustedWeightedAverageShares

SI Assistanton VIV · research, not advice