Telefônica Brasil S.A. (VIV) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
Loading revenue history...
Revenue Growth Metrics
Revenue Breakdown (FY 2025)
VIV's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
VIV Revenue Analysis (2013–2024)
As of March 1, 2026, Telefônica Brasil S.A. (VIV) generated trailing twelve-month (TTM) revenue of $59.83 billion, reflecting solid growth of +8.7% year-over-year. The most recent quarter (Q4 2025) recorded $15.85 billion in revenue, up 6.0% sequentially.
Looking at the longer-term picture, VIV's 5-year compound annual growth rate (CAGR) stands at +4.8%, indicating moderate growth over time. The company achieved its highest annual revenue of $55.85 billion in 2024, representing a new all-time high.
Revenue diversification analysis shows VIV's business is primarily driven by Services (90%), and Sale Of Goods (10%). With over half of revenue concentrated in Services, the company maintains significant focus in this area while developing other growth vectors.
When compared to Communication Services sector peers including VZ (+2.4% YoY), T (+2.7% YoY), and TBB (+2.7% YoY), VIV has outperformed the peer group in terms of revenue growth. Compare VIV vs VZ →
Peer Comparison
Compare VIV's revenue metrics with industry peers
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| VIVCurrent | $59.8B | +8.7% | +4.8% | 15.5% | |
| VZ | $138.2B | +2.4% | +0.4% | 21.2% | |
| T | $125.6B | +2.7% | -6.1% | 19.2% | |
| TBB | $125.6B | +2.7% | -6.1% | 19.2% | |
| AMX | $885.1B | +7.0% | +1.7% | 21.0% | |
| VOD | $37.4B | -18.8% | -3.6% | -1.1% |
Historical Revenue Data
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $55.85B | +7.2% | $24.49B | 43.9% | $8.67B | 15.5% |
| 2023 | $52.10B | +8.4% | $22.68B | 43.5% | $7.92B | 15.2% |
| 2022 | $48.04B | +9.1% | $20.61B | 42.9% | $6.60B | 13.7% |
| 2021 | $44.03B | +2.1% | $19.25B | 43.7% | $7.09B | 16.1% |
| 2020 | $43.13B | -2.6% | $20.43B | 47.4% | $6.58B | 15.3% |
| 2019 | $44.27B | +1.9% | $22.11B | 49.9% | $7.21B | 16.3% |
| 2018 | $43.46B | +0.6% | $22.44B | 51.6% | $9.46B | 21.8% |
| 2017 | $43.21B | +1.6% | $22.93B | 53.1% | $6.63B | 15.3% |
| 2016 | $42.51B | +5.5% | $21.69B | 51.0% | $6.37B | 15.0% |
| 2015 | $40.29B | +15.1% | $19.94B | 49.5% | $5.24B | 13.0% |
See VIV's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs VIV Undervalued?
See our Bear / Base / Bull DCF models and intrinsic value estimates.
View ValuationCompare VIV vs NFLX
See how VIV stacks up against sector leader Netflix, Inc..
Start ComparisonFrequently Asked Questions
Is VIV's revenue growth accelerating or slowing?
VIV maintains +8.7% revenue growth, in line with its 5-year CAGR of +4.8%. TTM revenue stands at $59.8B. Growth rate remains consistent with historical average.
What is VIV's long-term revenue growth rate?
Telefônica Brasil S.A.'s 5-year revenue CAGR of +4.8% reflects the sustained expansion pattern. Current YoY growth of +8.7% is near this long-term average.
How is VIV's revenue distributed by segment?
VIV 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.