Telecom Argentina (TEO) Operating Expenses (2009 - 2025)

Telecom Argentina (TEO) has reported Operating Expenses for 14 consecutive years, with -$27.1 billion the latest figure, recorded in Q3 2025.

• Quarterly Operating Expenses fell 7.61% year-over-year to -$27.1 billion in Q3 2025, while the trailing twelve-month figure through Dec 2025 was -$93.3 billion (up 7.58% YoY) and the FY2024 annual result came in at -$103.9 billion, up 12.36% from the prior year.
• Operating Expenses grew to -$27.1 billion in Q3 2025 per TEO's latest filing, from -$40.6 billion in the prior quarter.
• Over the last five years, Operating Expenses for TEO reached as high as -$1.6 billion in Q1 2021 and fell as low as -$123.6 billion in Q4 2022.
• A 5-year average of -$24.6 billion and a median of -$24.0 billion in 2023 frame the typical range for Operating Expenses.
• The largest YoY upside for Operating Expenses was 63.49% in 2023 against a maximum downside of 740.16% in 2023.
• Year by year, Operating Expenses stood at -$2.0 billion in 2021, then slumped by 6207.76% to -$123.6 billion in 2022, then soared by 63.49% to -$45.1 billion in 2023, then surged by 41.06% to -$26.6 billion in 2024, then dropped by 1.97% to -$27.1 billion in 2025.
• According to Business Quant data, Operating Expenses over the past three periods registered -$27.1 billion, -$40.6 billion, and -$25.6 billion for Q3 2025, Q2 2025, and Q1 2025 respectively.