Telefonica Brasil (VIV) Gross Margin (2009 - 2026)
Telefonica Brasil's (VIV) quarterly Gross Margin came in at 44.91% in Q1 2026, up 76.0% year-on-year from 25.52% in Q1 2025, and up 1.74% quarter-over-quarter from 44.15% in Q4 2025.
Telefonica Brasil (VIV) Gross Margin (2009 - 2026) Analysis & Trends
Telefonica Brasil's Gross Margin history runs 17 years deep, the most recent figure standing at 44.91% for Q1 2026.
- On a quarterly basis, Gross Margin rose 76.0% year-over-year to 44.91% in Q1 2026; TTM through Mar 2026 was 44.93%, a 112.0% increase from a year earlier, with the FY2025 full-year figure at 44.75%, up 89.0% from the prior year.
- Gross Margin advanced to 44.91% in Q1 2026 per VIV's latest filing, from 44.15% in the prior quarter.
- Across five years, Gross Margin topped out at 45.52% in Q3 2025 and bottomed at 42.18% in Q4 2024.
- The 5-year median for Gross Margin is 44.15% (2025), against an average of 43.89%.
- Across the five-year window, Gross Margin sank 217 bps in 2022 and jumped 196 bps in 2025, its largest moves.
- Year by year, Gross Margin stood at 42.7% in 2022, then advanced by 1 bps to 43.08% in 2023, then fell by 2 bps to 42.18% in 2024, then advanced by 5 bps to 44.15% in 2025, then climbed by 2 bps to 44.91% in 2026.
- Per Business Quant, the three latest VIV Gross Margin figures stand at 44.91% (Q1 2026), 44.15% (Q4 2025), and 45.52% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | America Movil Sab De Cv | 1,543.97 Bn | 1,543.97 Bn | 7.08 Bn | 51.30% |
| 2 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 1,427.96 Bn | -8,564.04 Bn | - | - |
| 3 | Grupo Televisa, S.A.B | 958.85 Bn | 957.15 Bn | 317.18 Mn | 38.75% |
| 4 | Chunghwa Telecom | 334.17 Bn | 331.99 Bn | 719.92 Mn | 37.92% |
| 5 | Verizon Communications | 198.41 Bn | 190.05 Bn | 29.14 Bn | 84.60% |
| 6 | T-Mobile US | 192.12 Bn | 189.29 Bn | 17.74 Bn | 77.82% |
| 7 | At&T | 169.04 Bn | 151.47 Bn | 25.25 Bn | 80.02% |
| 8 | Veon | 90.84 Bn | 90.84 Bn | - | - |
| 9 | Tim | 50.18 Bn | 50.03 Bn | 677.20 Mn | 52.37% |
| 10 | Telefonica Brasil | 45.44 Bn | 43.70 Bn | 1.32 Bn | 44.91% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 44.91% |
| Dec 31, 2025 | 44.15% |
| Sep 30, 2025 | 45.52% |
| Jun 30, 2025 | 45.19% |
| Mar 31, 2025 | 44.16% |
| Dec 31, 2024 | 42.18% |
| Sep 30, 2024 | 44.47% |
| Jun 30, 2024 | 44.38% |
| Mar 31, 2024 | 44.50% |
| Dec 31, 2023 | 43.08% |
| Sep 30, 2023 | 43.16% |
| Jun 30, 2023 | 44.67% |
| Mar 31, 2023 | 43.29% |
| Dec 31, 2022 | 42.70% |
| Sep 30, 2022 | 42.21% |
| Jun 30, 2022 | 43.65% |
| Dec 31, 2021 | 42.89% |
| Sep 30, 2021 | 44.38% |
| Jun 30, 2021 | 44.62% |
| Mar 31, 2021 | 41.06% |