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

Telefonica Brasil has reported Operating Margin for 17 years, with the latest figure at 16.48% in Q2 2026.

• On a quarterly basis, Operating Margin rose 116.0% year-over-year to 16.48% in Q2 2026; TTM through Jun 2026 was 17.05%, a 189.0% increase from a year earlier, with the FY2025 full-year figure at 16.54%, up 101.0% from the prior year.
• Operating Margin was 16.48% for Q2 2026 at Telefonica Brasil, up from 15.03% in the prior quarter.
• The five-year high for Operating Margin was 21.36% in Q4 2024, with the low at 12.49% in Q2 2022.
• Average Operating Margin over 5 years is 16.25%, with a median of 15.33% recorded in 2025.
• The sharpest annual moves came in 2022 and 2025: Operating Margin jumped 5768 bps in 2022, then slumped 303 bps in 2025.
• Over 5 years, Operating Margin stood at 20.99% in 2022, then dropped by 3 bps to 20.4% in 2023, then advanced by 5 bps to 21.36% in 2024, then slipped by 14 bps to 18.33% in 2025, then slipped by 10 bps to 16.48% in 2026.
• The last three Operating Margin figures came in at 16.48% (Q2 2026), 15.03% (Q1 2026), and 18.33% (Q4 2025), per Business Quant data.