Telefónica Half-Year Financial Report 2025

SEC Filing 6-K (0000814052-25-000084)

Telefónica, S.A. reported its condensed consolidated interim financial statements for the first half of 2025. The company's total assets decreased to €94.369 billion from €100.502 billion at the end of 2024. The report highlights a net loss of €1.286 billion, compared to a net profit of €1.044 billion in the same period of 2024. The loss is primarily attributed to discontinued operations, including the sale of Telefónica Móviles Argentina and Telefónica del Perú. The company's operating income stood at €2.109 billion, slightly lower than €2.208 billion in 2024. Telefónica's EBITDA was €5.895 billion, down from €6.151 billion in the previous year. The report also details significant transactions, including the sale of subsidiaries and the impact of foreign exchange rates on financial performance. The company continues to focus on reducing exposure in Hispanoamerica and managing its asset portfolio.