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Telefonica Brasil
(NYSE:VIV)
Telefonica Brasil (VIV) vs. SPDR S&P 500 ETF (SPY)
Telefonica Brasil Business Overview & Revenue Model
Telefonica Brasil Earnings Call Summary
Telefonica Brasil Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 57.66B | 55.85B | 52.10B | 48.04B | 44.03B | 43.13B |
| Gross Profit | 36.10B | 24.49B | 22.68B | 20.61B | 36.04B | 30.07B |
| EBITDA | 22.09B | 21.54B | 19.52B | 14.64B | 14.05B | 14.40B |
| Net Income | 5.83B | 5.55B | 5.03B | 4.09B | 6.24B | 4.77B |
Balance Sheet | ||||||
| Total Assets | 126.47B | 124.94B | 120.74B | 119.12B | 115.74B | 108.74B |
| Cash, Cash Equivalents and Short-Term Investments | 9.45B | 6.69B | 4.36B | 2.27B | 6.45B | 5.76B |
| Total Debt | 20.32B | 20.75B | 18.74B | 19.30B | 16.93B | 13.24B |
| Total Liabilities | 58.34B | 55.14B | 51.11B | 50.67B | 45.66B | 39.18B |
| Stockholders Equity | 68.07B | 69.73B | 69.57B | 68.40B | 70.01B | 69.56B |
Cash Flow | ||||||
| Free Cash Flow | 10.43B | 10.55B | 9.97B | 9.05B | 8.78B | 11.05B |
| Operating Cash Flow | 20.19B | 19.88B | 18.79B | 18.94B | 18.07B | 19.34B |
| Investing Cash Flow | -9.39B | -8.91B | -7.85B | -14.20B | -8.13B | -6.41B |
| Financing Cash Flow | -8.71B | -8.63B | -8.85B | -8.91B | -9.26B | -10.56B |
Telefonica Brasil Technical Analysis
Telefonica Brasil Risk Analysis
Telefonica Brasil Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | $10.27B | 16.19 | 13.78% | 6.84% | -7.99% | 2.16% | |
76 Outperform | $19.20B | 18.98 | 8.20% | 4.87% | -6.51% | -0.21% | |
71 Outperform | $18.05B | 12.93 | 17.71% | 6.87% | -5.13% | -5.90% | |
68 Neutral | $65.70B | 22.82 | 14.41% | 2.42% | -0.64% | 56.92% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
56 Neutral | $29.52B | ― | -3.55% | 6.42% | -4.73% | -251.31% | |
54 Neutral | $27.48B | 9.21 | -7.17% | 4.34% | 0.89% | -494.16% |
Telefonica Brasil Corporate Events
On October 14, 2025, Telefônica Brasil S.A. announced that its Board of Directors approved the declaration of Interest on Capital (IoC) amounting to R$380 million, with a net amount of R$323 million after tax. This payout, based on the balance sheet of September 30, 2025, will be distributed to shareholders holding positions as of October 27, 2025, and will be considered part of the mandatory dividends for the fiscal year ending December 31, 2025. The move reflects the company’s commitment to returning value to its shareholders and may impact the company’s financial strategies and shareholder relations.
On October 14, 2025, Telefônica Brasil S.A.’s Board of Directors held its 503rd meeting, where they approved a proposal for the declaration of interest on capital (IoC) amounting to R$380 million gross, based on the balance sheet as of September 30, 2025. This decision, which aligns with the company’s financial strategy, will see the IoC credited to shareholders based on their holdings as of October 27, 2025, and will contribute to the mandatory dividend for the fiscal year ending December 31, 2025. The payment is scheduled to be completed by April 30, 2026, pending approval at the 2026 Ordinary General Meeting, highlighting Telefônica Brasil’s commitment to shareholder returns.
On October 13, 2025, Telefonica Brasil’s Fiscal Council held a meeting to discuss the proposal for the declaration of Interest on Capital (IoC) based on the balance sheet of September 30, 2025. The Council approved the proposal to declare a gross amount of R$380,000,000.00 as IoC, which will be credited to shareholders based on their shareholding position as of October 27, 2025. This decision reflects the company’s commitment to shareholder returns and will be included in the minimum mandatory dividend for the fiscal year ending December 31, 2025. The payment is scheduled to be completed by April 30, 2026, pending approval at the Ordinary General Meeting in 2026.
On October 6, 2025, Telefonica Brasil’s Board of Directors held its 502nd meeting where they approved a transaction involving the transfer of shares of VivaE Educação Digital S.A. to the Vivo Ventures investment fund. This decision, which was unanimously agreed upon by the board, represents a strategic move to enhance the company’s investment portfolio through a contribution valued at approximately R$17.4 million. The transaction is expected to strengthen Telefonica Brasil’s position in the private equity sector, with implications for its investment strategy and stakeholder interests.
On October 6, 2025, Telefônica Brasil S.A. announced the completion of a corporate reorganization involving its stake in Vivae Educação Digital S.A. The reorganization involved transferring Vivae shares to the Vivo Ventures investment fund, valued at approximately R$17.4 million. Additionally, Vivae entered into a business combination agreement with Ada Tecnologia e Educação S.A., aiming to enhance synergies and strategic partnerships in the technology education sector. This move is expected to strengthen Telefônica’s position in the B2B education market, pending antitrust approval.
On September 22, 2025, Telefônica Brasil S.A. announced a recalculation of the Interest on Capital (IoC) amount per share, initially declared on September 11, 2025. This adjustment follows the company’s share buyback program and slightly increases the gross and net amounts per share. The payment will be based on the shareholding position as of September 22, 2025, and is scheduled to be executed by April 30, 2026. This recalibration reflects Telefônica Brasil’s ongoing efforts to optimize shareholder value and manage capital effectively.
On September 9, 2025, Telefônica Brasil’s Fiscal Council held its 250th meeting, where they unanimously approved a proposal for the declaration of Interest on Capital (IoC) amounting to R$400 million gross, based on the August 31, 2025 balance sheet. This decision, which aligns with applicable legislation, will impact shareholders by crediting the IoC based on their shareholding position as of September 22, 2025, and it will be included in the mandatory dividend for the fiscal year ending December 31, 2025, with payment expected by April 30, 2026.
On September 11, 2025, Telefônica Brasil S.A.’s Board of Directors approved a proposal for the declaration of Interest on Capital (IoC) amounting to R$400 million gross, based on the balance sheet as of August 31, 2025. This decision reflects the company’s commitment to returning value to its shareholders, with the net value of the IoC contributing to the mandatory dividend for the fiscal year ending December 31, 2025. The IoC will be allocated to shareholders based on their positions as of September 22, 2025, and the payment is scheduled by April 30, 2026, pending approval at the Ordinary General Meeting in 2026.
On September 11, 2025, Telefônica Brasil S.A. announced that its Board of Directors approved a declaration of Interest on Capital amounting to R$400 million, with a net amount of R$340 million after tax deductions. This decision, based on the balance sheet of August 31, 2025, is part of the mandatory dividends for the fiscal year ending December 31, 2025, and will be paid by April 30, 2026. The announcement reflects the company’s commitment to returning value to its shareholders and may influence its market positioning and stakeholder relations.
On August 25, 2025, Telefônica Brasil S.A. announced a recalculation of the Interest on Capital (IoC) amount per share, initially declared on August 14, 2025. This adjustment follows the company’s recent share buyback program. The gross amount per share has been slightly increased, impacting the net amount received by shareholders. The IoC will be paid based on the shareholding position as of August 25, 2025, with payments scheduled by April 30, 2026. This recalibration reflects the company’s ongoing financial strategies and may influence shareholder returns and market perceptions.
On August 11, 2025, Telefônica Brasil’s Fiscal Council held its 249th meeting, where they unanimously approved a proposal for the declaration of Interest on Capital (IoC) amounting to R$250 million gross, based on the balance sheet of July 31, 2025. This decision, which aligns with applicable legislation, will see the IoC credited to shareholders based on their holdings as of August 25, 2025, and is set to be included in the mandatory dividend for the fiscal year ending December 31, 2025, with payment by April 30, 2026.
On August 14, 2025, Telefonica Brasil’s Board of Directors held their 500th meeting, where they approved a proposal for the declaration of Interest on Capital (IoC) based on the balance sheet as of July 31, 2025. The gross amount approved was R$250 million, with a net amount of R$212.5 million after tax. This IoC will be credited to shareholders based on their holdings as of August 25, 2025, and will contribute towards the mandatory dividend for the fiscal year ending December 31, 2025, with payment scheduled by April 30, 2026. This decision underscores the company’s commitment to returning value to its shareholders.
On August 14, 2025, Telefônica Brasil S.A. announced that its Board of Directors approved the declaration of Interest on Capital (IoC) amounting to R$250 million, with a net amount of R$212.5 million after withholding income tax. This IoC will be considered as part of the mandatory dividends for the fiscal year ending December 31, 2025, and will be paid to shareholders based on their positions as of August 25, 2025. The payment is expected to be completed by April 30, 2026, and may be adjusted according to the company’s shareholding base due to its Share Buyback Program.
On July 24, 2025, Telefonica Brasil S.A. released its interim financial statements for the period ending June 30, 2025. The review, conducted by PricewaterhouseCoopers, concluded that the financial statements fairly present the company’s financial position and performance in accordance with Brazilian and international accounting standards. This release provides stakeholders with assurance regarding the company’s financial health and compliance with relevant accounting practices.
On July 24, 2025, Telefônica Brasil S.A.’s Board of Directors held a meeting in Madrid, Spain, where they approved the cancellation of 34,740,770 common shares held in treasury, representing 1.07% of the company’s share capital. This decision, which aligns with the company’s Share Buyback Program, does not reduce the share capital’s value and reflects a strategic move to optimize capital structure. The board also authorized the convening of a General Shareholders’ Meeting to amend the company’s bylaws to reflect the new number of shares, indicating a proactive approach to managing its equity and enhancing shareholder value.
On July 22, 2025, Telefônica Brasil S.A.’s Fiscal Council held a virtual meeting where they unanimously approved a proposal to cancel 34,740,770 common shares held in treasury, equivalent to 1.07% of the company’s share capital. This decision, part of the company’s Share Buyback Program, will require an amendment to the company’s bylaws, to be approved at a future General Shareholders’ Meeting, reflecting the new share capital structure.
On July 23, 2025, Telefônica Brasil S.A.’s Audit and Control Committee held a meeting in Madrid, Spain, where they reviewed and unanimously recommended the approval of a proposal to cancel 34,740,770 common shares held in treasury, representing 1.07% of the company’s share capital. This decision, part of the company’s Share Buyback Program, aims to adjust the capital structure without reducing the total value of the share capital, pending approval from the General Shareholders’ Meeting.
On July 24, 2025, Telefônica Brasil S.A. announced the cancellation of 34,740,770 common shares held in treasury, representing 1.07% of its capital stock, as part of its Share Buyback Program. This move, approved by the Board of Directors, adjusts the company’s capital stock to 3,226,546,622 shares and reflects strategic financial management. The company also noted adjustments to its share buyback program following a reverse and forward stock split effective April 15, 2025, highlighting its ongoing efforts to optimize shareholder value.