Companies: 10,795·Total market cap: $144.5T
Telefónica, S.A.

Telefónica, S.A.

TEFNYSECommunication Services
$3.81
$-0.04(-0.91%)
Market Cap$21.5B
P/E Ratio—
52W High$5.72
52W Low$3.67
Net IncomeFinancialsRevenue

Telefónica, S.A. (TEF) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

TEF · net income · updated Jun 8, 2026

Core profitability metrics

Net income was −$49.0M for FY2024 (fiscal year ending 2024-12-31), up 94.5% year-over-year. Net profit margin was -0.1%. Based on available data, Telefónica, S.A. has been profitable since at least 2010.

FY2024 Net Income−$49.0M▲ +94.5% YoY
Trailing 12M (TTM)−$2.12Btrailing 4 quarters sum
Net Profit Margin-0.1%−$49.0M ÷ $41.31B
YoY Change+94.5%—
5-Year CAGRN/AN/A — contains loss years
FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /income-statement · US GAAP · USDUpdated: Jun 8, 2026

Annual net income history

Net IncomeNet LossNet Margin %★ First Profit: 2010

▸ FMP /income-statement · Annual · TEF net income history · TEF profit margin

Annual net income data

Fiscal YearNet IncomeYoY ChangeNet Margin
FY2024Loss−$49.0M▲ +94.5%-0.1%
FY2023Loss−$892.0M▼ 144.4%-2.2%
FY2022$2.01B▼ 75.3%5.0%
FY2021$8.14B▲ +414.3%20.7%
FY2020$1.58B▲ +38.5%3.7%

Net income vs peers (Communication Services)

#CompanyNet IncomeYoY
#1
Telefónica, S.A.
Telefónica, S.A.YOU
TEF
−$49.0M+94.5%
#2
Alphabet Inc.
Alphabet Inc.
GOOGL
$132.17B+32.0%#3
Alphabet Inc.
Alphabet Inc.
GOOG
$132.17B+32.0%#4
Meta Platforms, Inc.
Meta Platforms, Inc.
META
$60.46B-3.1%#5
Verizon Communications, 5.9% 15 Feb 2054
Verizon Communications, 5.9% 15 Feb 2054
VZA
$17.17B-1.9%#6
Netflix, Inc.
Netflix, Inc.
NFLX
$10.98B+26.1%
Communication Services · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

Telefónica, S.A. (TEF) reported net income of −$49.0M for FY2024 (fiscal year ending 2024-12-31), up 94.5% year-over-year. The net profit margin was -0.1% — meaning the company kept $-0.00 of every dollar of revenue as profit.

Based on available data, Telefónica, S.A. has been profitable since at least 2010. Net income reached a peak of $10.17B in FY2010. Data available for 15 fiscal years.

Telefónica, S.A.'s net profit margin was -0.1% for FY2024, based on the latest annual results.

Investors sometimes search for "Telefónica, S.A. net worth" — the company's market capitalization is a separate figure from TEF net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.
RevenueFinancial statementsEarningsForecastPrice historyMarket capFree cash flow

Frequently asked questions

TEF net income · 4 questions

Telefónica, S.A. is not currently profitable on an annual basis. The company reported a net loss of $49.0M for FY2024.

is TEF profitabledoes TEF make a profitTEF profitabilityTEF profitable company

▸ Source: FMP /income-statement · GAAP · Telefónica, S.A. · Telefónica, S.A. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026