Telecom Argentina S.A. (TEO) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
Loading revenue history...
TEO Revenue Growth
Revenue Breakdown (FY 2022)
TEO's revenue distribution by segment and geography for fiscal year 2022
By Product/Segment
By Geography
TEO Revenue Analysis (2013–2024)
As of May 8, 2026, Telecom Argentina S.A. (TEO) generated trailing twelve-month (TTM) revenue of $6.63 trillion, reflecting explosive growth of +110.1% year-over-year. The most recent quarter (Q3 2025) recorded $2.07 trillion in revenue, up 8.0% sequentially.
Looking at the longer-term picture, TEO's 5-year compound annual growth rate (CAGR) stands at +53.4%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $4.94 trillion in 2022.
Revenue diversification analysis shows TEO's business is primarily driven by Fixed Telephony and Data services (100%). With over half of revenue concentrated in Fixed Telephony and Data services, the company maintains significant focus in this area while developing other growth vectors.
When compared to Communication Services sector peers including TKC (+20.6% YoY), VIV (+7.1% YoY), and PHI (+0.8% YoY), TEO has outperformed the peer group in terms of revenue growth. Compare TEO vs TKC →
TEO Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| TEOCurrent | $6.63T | +110.1% | +53.4% | -3.5% | |
 TKC | $166.7B | +20.6% | +46.0% | 21.1% | |
 VIV | $55.8B | +7.1% | +4.8% | 15.5% | |
 PHI | $223.3B | +0.8% | +4.3% | 24.9% | |
 T | $125.6B | +2.9% | -6.1% | 19.2% | |
 VZ | $138.2B | +2.5% | +1.5% | 21.2% |
TEO Historical Revenue Data (2013–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $4.14T | +100.9% | $3.03T | 73.3% | $-146,467,000,000 | -3.5% |
| 2023 | $2.06T | -58.4% | $1.51T | 73.4% | $-125,065,000,000 | -6.1% |
| 2022 | $4.94T | +91.6% | $3.65T | 73.8% | $-2,000,091,000,000 | -40.4% |
| 2021 | $2.58T | +191.1% | $1.89T | 73.1% | $-16,906,000,000 | -0.7% |
| 2020 | $886.76B | +82.1% | $664.58B | 74.9% | $59.67B | 6.7% |
| 2019 | $487.07B | +38.4% | $357.80B | 73.5% | $32.46B | 6.7% |
| 2018 | $351.95B | +243.3% | $260.00B | 73.9% | $44.52B | 12.6% |
| 2017 | $102.53B | +69.7% | $74.57B | 72.7% | $22.01B | 21.5% |
| 2016 | $60.41B | +49.2% | $42.47B | 70.3% | $12.32B | 20.4% |
| 2015 | $40.50B | +21.5% | $28.59B | 70.6% | $6.23B | 15.4% |
See TEO's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs TEO Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare TEO vs NFLX
Side-by-side business, growth, and profitability comparison vs Netflix, Inc..
Start ComparisonTEO — Frequently Asked Questions
Quick answers to the most common questions about buying TEO stock.
Is TEO's revenue growth accelerating or slowing?
TEO revenue is accelerating at +110.1% year-over-year, exceeding the 5-year CAGR of +53.4%. TTM revenue reached $6.6T. Growth momentum has increased versus prior periods.
What is TEO's long-term revenue growth rate?
Telecom Argentina S.A.'s 5-year revenue CAGR of +53.4% reflects the sustained expansion pattern. Current YoY growth of +110.1% is above this long-term average.
How is TEO's revenue distributed by segment?
TEO reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.