Vivo Q3 2026 Net Income Rises 30.1% to 2.5 Billion Reais

Vivo Q3 Net Income Rises to 409.8 Million Euros

Vivo, the Brazilian subsidiary of Telefónica, reported a net income of 2.5 billion reais (409.8 million euros) for the third quarter of 2026, marking a 30.1% year-on-year increase according to the company’s report to financial markets.

For the first nine months of the financial year, the operator’s net earnings reached 7.3 billion reais (1,196.7 million euros). This figure represents a 12.2% growth compared to the 6.506 billion reais recorded during the same period in the previous year, according to the company’s communication at the close of the São Paulo market.

Net Revenue Grew 7.2% to 16 Billion Reais

Total net revenue reached 16 billion reais (2,623.0 million euros) between July and September 2026, showing a 7.2% positive variation compared to the same quarter of the prior year. Consolidated turnover for the first nine months hit 47.1 billion reais (7,721.3 million euros), marking a 6.9% increase over equivalent 2025 figures.

Mobile service sales generated 10.4 billion reais (1,704.9 million euros) during the quarter, up 7.4% from the third quarter of 2025. Postpaid mobile revenue reached 9.1 billion reais (1,491.8 million euros) for the quarter, reflecting a 9.1% increase.

Access Base Grew While Fiber Operations Increased

The operator’s total access base grew by 3% year-on-year to reach 120.2 million at the end of September 2026. Fiber-to-the-home (FTTH) operations contributed 2.1 billion reais (344.3 million euros) in the third quarter, representing a 5.7% increase.

The results reflect a company that evolves in a constant way and, at the same time, continues transforming its business, Vivo President Christian Gebara stated in the official communication.

Capital investments totaled 2.6 billion reais (426.2 million euros) in the third quarter, accounting for 16% of net revenue.

Additional Segment Revenues and Capital Allocation

The Vale Saúde platform generated 133 million reais (21.8 million euros), while video and music (OTT) offerings contributed 965 million reais (158.2 million euros), a 30.5% increase year-on-year.

The amount includes the proposed 325 million reais (53.3 million euros) in interest on capital (JCP), 3 billion reais (491.8 million euros) in JCP declared in 2025, and 4 billion reais (655.7 million euros) via capital reduction.