# Telefonica Brasil S.a. (VIV)

Source page: https://stoqly.net/companies/viv

- **Ticker:** VIV (NYSE)
- **Sector:** Communication Services / Telephone Communications (No Radiotelephone)
- **SEC CIK:** 0001066119
- **Latest annual report:** 20-F filed 2026-02-24 (https://www.sec.gov/Archives/edgar/data/1066119/000207097926000018/viv-20251231.htm)
- **Data updated:** 2026-11-01

## Key figures

- **Last close:** $11.28 on 2026-10-30
- **Market cap:** $18.2B
- **P/E (trailing):** 16.5x
- **EPS, trailing 12 months:** $0.68
- **Revenue (FY2025):** −$416M
- **Gross margin:** −1,147.1%
- **Operating margin:** −424.0%
- **Net margin:** −265.3%
- **Free cash flow:** $2.0B
- **Free cash flow margin:** −484.3%
- **Return on invested capital:** 10.0%
- **Return on equity:** 9.3%
- **Net debt:** $2.4B
- **Net debt / EBITDA:** 0.5x
- **Change in share count:** +196,081.7%
- **Piotroski F-score:** 6/9
- **Insider buys, last 90 days:** $0.0M
- **Insider sells, last 90 days:** $0.0M

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## Annual results

From SEC EDGAR XBRL filings. Full table: https://stoqly.net/companies/viv/figures.csv

| US$ millions | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---:|---:|---:|---:|---:|---:|---:|---:|---:|---:|
| Revenue | — | — | — | — | -126 | -171 | -358 | -419 | -397 | -416 |
| Operating income | 1,825 | 2,078 | 2,586 | 1,829 | 1,276 | 1,314 | 1,277 | 1,585 | 1,610 | 1,764 |
| Net income | 1,171 | 1,444 | 2,442 | 1,268 | 925 | 1,157 | 791 | 1,007 | 1,030 | 1,103 |
| Diluted EPS (US$) | — | — | — | — | — | 1.38 | 0.94 | 0.61 | 0.63 | 0.68 |
| Operating cash flow | 3,280 | 3,961 | 3,266 | 4,492 | 3,751 | 3,350 | 3,666 | 3,761 | 3,689 | 3,706 |
| Free cash flow | 1,138 | 1,339 | 936 | 2,252 | 2,143 | 1,627 | 1,751 | 1,997 | 1,958 | 2,014 |
| Cash | 1,569 | 1,223 | 871 | 844 | 1,109 | 1,157 | 430 | 898 | 1,082 | 1,284 |
| Debt and leases | 2,834 | 2,554 | 1,582 | 3,439 | 2,549 | 3,039 | 3,651 | 3,862 | 3,354 | 3,714 |

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Source: SEC EDGAR filings and end-of-day prices, via Stoqly. For information only — not investment advice or a recommendation to buy, sell or hold any security.