Also trades as: VIVT3.SA (SAO) · $vol 32M

$11.60

+0.30 (+2.62%)

Weekly Expected Move ±5.5%

$12 $12 $13 $14 $14

NYSE · Communication Services · Telecommunications Services · Tech Score Neutral · Power 44 · $18.5B mcap · 1.60B float · 0.091% daily turnover · Short 49% of daily vol

Credit Risk of going bust: lower than 83% of companies Debt: 16.6% of company value Bonds: none of note held by US funds details ▾

If the stock fell to about $0.05 (down 99.6%), TelefÃ´nica Brasil S.A. would be worth roughly what it owes.
Total debt $3.68B against a stock market value of $18.53B.
Distance to default 10.56 (Merton model): prices to 2026-10-27, balance sheet 2026-06-30, debt counted $507.7M (short-term plus half of long-term), stock volatility 35.1%; Altman Z'' 1.67. A ranking and a back-test, not a forecast.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.

Overview Chart Smart Money Financials Income Statement Cash Flow Balance Sheet Earnings

Analysis Technicals Weather Peers ESG Institutions ETF Exposure Dark Pool Short Interest

Revenue Segmentation

By Product / Service

Revenue by Segment (5-Year Trend)

Income Trends

Revenue

$58.4B +4.6% ▲

5Y CAGR: +6.3%

Gross Profit

$23.6B -3.6% ▼

5Y CAGR: +2.9%

Operating Income

$8.9B +2.6% ▲

5Y CAGR: +6.2%

Net Income

$6.0B +9.0% ▲

5Y CAGR: +4.9%

EPS (Diluted)

$3.78 +11.8% ▲

5Y CAGR: +6.0%

EBITDA

$24.2B +12.5% ▲

5Y CAGR: +6.9%

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$44.0B	$48.0B	$52.1B	$55.8B	$58.4B
YoY Growth	+2.1%	+9.1%	+8.4%	+7.2%	+4.6%
Cost of Revenue	$24.8B	$27.4B	$29.4B	$31.4B	$34.8B
Gross Profit	$19.3B	$20.6B	$22.7B	$24.5B	$23.6B
Gross Margin	43.7%	42.9%	43.5%	43.9%	40.4%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$10.3B	$12.0B	$11.6B	$12.1B	$14.3B
Operating Expenses	$12.2B	$14.0B	$14.8B	$15.8B	$14.7B
Operating Income	$7.1B	$6.6B	$7.9B	$8.7B	$8.9B
Operating Margin	16.1%	13.7%	15.2%	15.5%	15.2%
Interest Expense	$924M	$2.2B	$452M	$577M	$2.5B
Income Before Tax	$6.0B	$4.8B	$5.6B	$6.8B	$7.1B
Tax Expense	-$270M	$774M	$534M	$1.2B	$1.1B
Net Income	$6.2B	$4.1B	$5.0B	$5.5B	$6.0B
Net Margin	14.2%	8.5%	9.7%	9.9%	10.3%
EPS (Diluted)	$3.71	$2.44	$3.03	$3.38	$3.78
EBITDA	$18.2B	$17.8B	$19.5B	$21.5B	$24.2B
Shares Outstanding	1.68B	1.67B	1.66B	1.64B	1.61B

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$14.0B	$14.6B	$14.4B	$14.6B	$14.9B	$15.8B	$15.2B	$15.8B
Cost of Revenue	$7.8B	$8.4B	$8.0B	$8.0B	$8.1B	$9.5B	$9.0B	$2.9B
Gross Profit	$6.2B	$6.2B	$6.4B	$6.6B	$6.8B	$6.3B	$6.2B	$12.8B
Gross Margin	44.5%	42.2%	44.2%	45.2%	45.5%	40.0%	40.6%	81.3%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$3.0B	$3.2B	$3.2B	$3.2B	$3.2B	$3.8B	$3.9B	$2.1B
Operating Expenses	$4.0B	$3.7B	$4.4B	$4.4B	$4.0B	$3.9B	$3.9B	$10.2B
Operating Income	$2.3B	$2.4B	$2.0B	$2.2B	$2.8B	$2.5B	$2.2B	$2.6B
Operating Margin	16.3%	16.7%	13.8%	15.3%	18.5%	15.6%	14.8%	16.5%
Interest Expense	$95M	$108M	$747M	$237M	$115M	$618M	$638M	$127M
Income Before Tax	$1.8B	$2.1B	$1.4B	$1.6B	$2.1B	$2.2B	$1.6B	$1.9B
Tax Expense	$94M	$327M	$360M	$217M	$215M	$307M	$340M	$316M
Net Income	$1.7B	$1.8B	$1.1B	$1.3B	$1.9B	$1.9B	$1.2B	$1.6B
Net Margin	11.9%	12.1%	7.4%	9.2%	12.6%	12.0%	8.2%	10.0%
EPS (Diluted)	$1.02	$1.08	$0.65	$0.84	$1.18	$1.20	$0.77	$0.98
EBITDA	$5.6B	$4.6B	$5.9B	$5.5B	$6.0B	$6.7B	$6.0B	$6.6B
Shares Outstanding	1.63B	1.63B	1.63B	1.60B	1.60B	1.60B	1.60B	1.61B

VIV NYSE