Telefonica Brasil (VIV) Net Margin (2009 - 2026)

Telefonica Brasil's Net Margin history runs 17 years deep, the most recent figure standing at 8.16% for Q1 2026.

• On a quarterly basis, Net Margin rose 80.0% year-over-year to 8.16% in Q1 2026; TTM through Mar 2026 was 10.5%, a 43.0% increase from a year earlier, with the FY2025 full-year figure at 10.35%, up 42.0% from the prior year.
• Net Margin eased to 8.16% in Q1 2026 per VIV's latest filing, from 12.02% in the prior quarter.
• Across five years, Net Margin topped out at 12.63% in Q3 2025 and bottomed at 6.45% in Q2 2022.
• The 5-year median for Net Margin is 9.06% (2024), against an average of 9.65%.
• Biggest YoY gain for Net Margin was 4559 bps in 2022; the steepest drop was 419 bps in 2022.
• Year by year, Net Margin stood at 8.9% in 2022, then soared by 33 bps to 11.83% in 2023, then advanced by 2 bps to 12.09% in 2024, then decreased by 1 bps to 12.02% in 2025, then slumped by 32 bps to 8.16% in 2026.
• Per Business Quant, the three latest VIV Net Margin figures stand at 8.16% (Q1 2026), 12.02% (Q4 2025), and 12.63% (Q3 2025).