Telefónica (BME: TEF) revenue
Telefónica reported revenue of €35,120m for fiscal 2025, 15.0% less than in fiscal 2024 (€41,315m). Since fiscal 2019 its revenue has fallen by 27.5%, an average decline of 5.2% a year.
Revenue by fiscal year
| Fiscal year | Revenue | Change | Operating profit | Operating margin |
|---|---|---|---|---|
| 2025 | €35,120m | −15.0% | €1,319m | 3.8% |
| 2024 | €41,315m | +1.6% | €2,395m | 5.8% |
| 2023 | €40,652m | +1.6% | €2,593m | 6.4% |
| 2022 | €39,993m | +1.8% | €4,056m | 10.1% |
| 2021 | €39,277m | −8.8% | €13,586m | 34.6% |
| 2020 | €43,076m | −11.0% | €4,139m | 9.6% |
| 2019 | €48,422m | — | €4,537m | 9.4% |
The change compares each fiscal year with the one before. Operating margin is operating profit over revenue from the same filing. Figures are in millions of euros, except per-share amounts.
Questions about the revenue of Telefónica
- How much revenue did Telefónica make in fiscal 2025?
- Telefónica reported revenue of €35,120m for fiscal 2025, compared with €41,315m in fiscal 2024.
- How much has the revenue of Telefónica fallen?
- Between fiscal 2019 and fiscal 2025 it went from €48,422m to €35,120m: 27.5% less, an average decline of 5.2% a year.
- What was the best year for revenue at Telefónica?
- Of its last 7 fiscal years, fiscal 2019, with €48,422m.
- Where do the figures for Telefónica come from?
- From the report Telefónica files every year in the European single electronic format (ESEF), the same one the CNMV, the Spanish regulator, receives. Each fiscal year links to its filing.
Where each figure comes from
From the annual report Telefónica files every year in the European single electronic format (ESEF). The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021 · 2020. More on Telefónica: the Telefónica page · annual accounts · net income · dividends paid.
Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.