What is the current annual operating margin of VIV?

As of today, VIV annual operating margin is 15.23%

What is 1-year change in VIV annual operating margin?

VIV annual operating margin is up +2.97% year-over-year

What is 3-year change in VIV annual operating margin?

VIV annual operating margin is up +35.98% over the past 3 years

How far is VIV annual operating margin from its all-time high?

VIV annual operating margin is currently -40.16% below its historical high of 25.45% set on December 31, 2006

How does VIV annual operating margin rank versus sector peers?

VIV annual operating margin is higher than 77.04% of companies in Communication Services sector

When is VIV next annual earnings release?

As of today, the next annual earnings release for VIV has not been scheduled

What is the current quarterly operating margin of VIV?

As of today, VIV quarterly operating margin is 16.00%

What is VIV quarterly operating margin most recent change?

VIV quarterly operating margin was up +8.11% on June 30, 2026

What is 1-year change in VIV quarterly operating margin?

VIV quarterly operating margin is up +5.96% year-over-year

How far is VIV quarterly operating margin from its all-time high?

VIV quarterly operating margin is currently -47.19% below its historical high of 30.30% set on December 31, 2006

How does VIV quarterly operating margin rank versus sector peers?

VIV quarterly operating margin is higher than 75.73% of companies in Communication Services sector

When is VIV next earnings release?

The next earnings release for VIV is on November 10, 2026

VIV Operating Margin History & Chart Since 1997

Annual Operating Margin

15.23%0.44%+2.97%

December 31, 2025

Summary

Current Value: As of today, VIV annual operating margin is 15.23%, up +2.97% on December 31, 2025
Historical Performance: VIV annual operating margin is up +35.98% over the past 3 years, up +22.43% over the past 5 years
All-Time High Comparison: VIV annual operating margin is currently -40.16% below its historical high of 25.45% set on December 31, 2006
3-Year Low Comparison: VIV annual operating margin is +35.98% above its 3-year low of 11.20% reached on an earlier date
Sector Comparison: VIV annual operating margin is higher than 77.04% of companies in Communication Services sector

Operating Margin Chart

beforeafter

Performance

VIV Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Operating Margin	Dec 31, 25	15.23%	+3.0%	+36.0%	+22.4%	-25.2%
Quarterly Operating Margin	Jun 30, 26	16.00%	+6.0%	+20.0%	-3.1%	-16.6%
Price	Aug 14, 26	$11.41	-7.2%	+33.1%	+41.7%	-59.5%
PE Ratio	Aug 14, 26	14.66	-25.2%	-9.9%	-3.9%	+48.2%
Annual Revenue	Dec 31, 25	$10.67B	+3.0%	+14.7%	+27.6%	+19.1%
Annual Operating Profit	Dec 31, 25	$1.62B	+6.0%	+55.9%	+56.2%	-10.9%
Annual Gross Margin	Dec 31, 25	40.43%	+2.6%	+6.4%	-3.5%	-8.5%
Annual Net Margin	Dec 31, 25	10.37%	+4.2%	+22.7%	-6.2%	-31.9%

Operating Margin Highs

VIV Annual Operating Margin Highs Comparison
Period	High	Date	Current
3Y	15.23%	Dec 31, 25	at high
5Y	15.23%	Dec 31, 25	at high
All	25.45%	Dec 31, 06	-40.2%

Operating Margin Lows

VIV Annual Operating Margin Lows Comparison
Period	Low	Date	Current
3Y	11.20%	N/A	+36.0%
5Y	11.20%	Dec 31, 22	+36.0%
All	11.20%	Dec 31, 22	+36.0%

Operating Margin History

Year	Value	Change
2025	15.23%	+3.0%
2024	14.79%	+11.2%
2023	13.30%	+18.8%
2022	11.20%	-12.5%
2021	12.80%	+2.9%
2020	12.44%	-12.4%
2019	14.20%	-2.4%
2018	14.55%	-1.1%
2017	14.71%	+14.7%
2016	12.82%	+9.0%
2015	11.76%	-13.0%
2014	13.52%	+4.8%
2013	12.90%	-23.6%
2012	16.89%	+0.1%
2011	16.88%	-17.1%

Year	Value	Change
2010	20.37%	-3.8%
2009	21.17%	+2.5%
2008	20.65%	-4.4%
2007	21.60%	-15.1%
2006	25.45%	+4.6%
2005	24.32%	+10.9%
2004	21.93%	+21.2%
2003	18.10%	-2.0%
2002	18.46%	-24.9%
2001	24.57%	+4.7%
2000	23.47%	+63.2%
1999	14.38%	-27.3%
1998	19.77%	+20.3%
1997	16.44%	-

FAQ

What is the current annual operating margin of VIV?: As of today, VIV annual operating margin is 15.23%
What is 1-year change in VIV annual operating margin?: VIV annual operating margin is up +2.97% year-over-year
What is 3-year change in VIV annual operating margin?: VIV annual operating margin is up +35.98% over the past 3 years
How far is VIV annual operating margin from its all-time high?: VIV annual operating margin is currently -40.16% below its historical high of 25.45% set on December 31, 2006
How does VIV annual operating margin rank versus sector peers?: VIV annual operating margin is higher than 77.04% of companies in Communication Services sector
When is VIV next annual earnings release?: As of today, the next annual earnings release for VIV has not been scheduled

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Quarterly Operating Margin

16.00%1.20%+8.11%

June 30, 2026

Summary

Current Value: As of today, VIV quarterly operating margin is 16.00%, up +8.11% on June 30, 2026
Historical Performance: VIV quarterly operating margin is up +5.96% year-over-year, up +20.03% over the past 3 years
All-Time High Comparison: VIV quarterly operating margin is currently -47.19% below its historical high of 30.30% set on December 31, 2006
3-Year Low Comparison: VIV quarterly operating margin is +20.03% above its 3-year low of 13.33% reached on an earlier date
Sector Comparison: VIV quarterly operating margin is higher than 75.73% of companies in Communication Services sector

Performance

VIV Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Operating Margin	Jun 30, 26	16.00%	+8.1%	+6.0%	+20.0%	-3.1%
Annual Operating Margin	Dec 31, 25	15.23%	–	+3.0%	+36.0%	+22.4%
Price	Aug 14, 26	$11.41	-20.1%	-7.2%	+33.1%	+41.7%
PE Ratio	Aug 14, 26	14.66	-25.1%	-25.2%	-9.9%	-3.9%
Quarterly Revenue	Jun 30, 26	$3.12B	+6.0%	+20.7%	+21.2%	+54.9%
Quarterly Operating Profit	Jun 30, 26	$499.02M	+14.7%	+27.9%	+45.6%	+50.0%
Quarterly Gross Margin	Jun 30, 26	41.25%	+1.5%	+1.0%	+3.2%	+8.3%
Quarterly Net Margin	Jun 30, 26	9.95%	+22.4%	+8.9%	+13.1%	-21.2%

Quarterly Operating Margin Highs

VIV Quarterly Operating Margin Highs Comparison
Period	High	Date	Current
1Y	16.36%	Sep 30, 25	-2.2%
3Y	16.36%	Sep 30, 25	-2.2%
5Y	16.52%	N/A	-3.1%
All	30.30%	Dec 31, 06	-47.2%

Quarterly Operating Margin Lows

VIV Quarterly Operating Margin Lows Comparison
Period	Low	Date	Current
1Y	14.80%	Mar 31, 26	+8.1%
3Y	13.33%	N/A	+20.0%
5Y	10.06%	Sep 30, 22	+59.0%
All	7.75%	Dec 31, 07	+106.5%

Quarterly Operating Margin History

Month	Value	Change
Jun 2026	16.00%	+8.1%
Mar 2026	14.80%	-4.9%
Dec 2025	15.56%	-4.9%
Sep 2025	16.36%	+8.3%
Jun 2025	15.10%	+9.3%
Mar 2025	13.81%	-4.5%
Dec 2024	14.46%	-4.8%
Sep 2024	15.19%	-0.2%
Jun 2024	15.22%	+6.3%
Mar 2024	14.32%	+4.4%
Dec 2023	13.71%	+2.5%
Sep 2023	13.37%	+0.3%
Jun 2023	13.33%	+4.5%
Mar 2023	12.76%	-2.9%
Dec 2022	13.14%	+30.6%
Sep 2022	10.06%	-7.0%
Jun 2022	10.82%	+1.6%
Mar 2022	10.65%	-1.5%
Dec 2021	10.81%	-6.2%
Sep 2021	11.53%	-30.2%
Jun 2021	16.52%	+31.6%
Mar 2021	12.55%	-12.0%
Dec 2020	14.26%	+22.6%
Sep 2020	11.63%	+23.1%
Jun 2020	9.45%	-33.5%
Mar 2020	14.21%	-0.6%
Dec 2019	14.29%	-0.1%
Sep 2019	14.30%	+5.1%
Jun 2019	13.61%	-6.6%
Mar 2019	14.57%	-5.9%
Dec 2018	15.48%	+13.0%
Sep 2018	13.70%	+29.4%
Jun 2018	10.59%	-34.9%
Mar 2018	16.27%	+8.6%
Dec 2017	14.98%	-1.1%
Sep 2017	15.15%	+2.9%
Jun 2017	14.72%	+5.4%
Mar 2017	13.97%	-12.2%
Dec 2016	15.91%	+25.6%
Sep 2016	12.67%	+15.2%
Jun 2016	11.00%	-5.3%
Mar 2016	11.61%	-3.1%
Dec 2015	11.98%	+4.1%
Sep 2015	11.51%	+0.9%
Jun 2015	11.41%	-6.2%
Mar 2015	12.16%	-13.7%
Dec 2014	14.09%	+5.4%
Sep 2014	13.37%	-9.2%
Jun 2014	14.73%	+24.2%
Mar 2014	11.86%	-17.3%
Dec 2013	14.34%	+25.5%

Month	Value	Change
Sep 2013	11.43%	-0.2%
Jun 2013	11.45%	-19.9%
Mar 2013	14.30%	-21.2%
Dec 2012	18.14%	+10.3%
Sep 2012	16.45%	-7.3%
Jun 2012	17.74%	+21.0%
Mar 2012	14.66%	-24.5%
Dec 2011	19.42%	+14.5%
Sep 2011	16.96%	-11.6%
Jun 2011	19.19%	+22.9%
Mar 2011	15.62%	-10.7%
Dec 2010	17.49%	-19.7%
Sep 2010	21.79%	+2.1%
Jun 2010	21.34%	+8.2%
Mar 2010	19.72%	+125.4%
Dec 2009	8.75%	-49.7%
Sep 2009	17.41%	-15.6%
Jun 2009	20.64%	+9.6%
Mar 2009	18.84%	-0.8%
Dec 2008	19.00%	-11.7%
Sep 2008	21.52%	-2.4%
Jun 2008	22.04%	+15.6%
Mar 2008	19.07%	+146.1%
Dec 2007	7.75%	-62.8%
Sep 2007	20.85%	+0.5%
Jun 2007	20.75%	-2.4%
Mar 2007	21.26%	-29.8%
Dec 2006	30.30%	+28.1%
Sep 2006	23.66%	-1.9%
Jun 2006	24.11%	+2.3%
Mar 2006	23.56%	+99.3%
Dec 2005	11.82%	-54.6%
Sep 2005	26.02%	+12.9%
Jun 2005	23.05%	+1.4%
Mar 2005	22.74%	+71.9%
Dec 2004	13.23%	-44.7%
Sep 2004	23.91%	+20.5%
Jun 2004	19.85%	+23.5%
Mar 2004	16.07%	-4.6%
Dec 2003	16.85%	-24.7%
Sep 2003	22.38%	+34.8%
Jun 2003	16.60%	+3.2%
Mar 2003	16.08%	+1.1%
Dec 2002	15.90%	-23.9%
Sep 2002	20.90%	+9.0%
Jun 2002	19.17%	+4.3%
Mar 2002	18.38%	-10.9%
Mar 2001	20.63%	+9.7%
Sep 1999	18.81%	-3.3%
Jun 1999	19.46%	-26.0%
Mar 1999	26.28%	-

FAQ

What is the current quarterly operating margin of VIV?: As of today, VIV quarterly operating margin is 16.00%
What is VIV quarterly operating margin most recent change?: VIV quarterly operating margin was up +8.11% on June 30, 2026
What is 1-year change in VIV quarterly operating margin?: VIV quarterly operating margin is up +5.96% year-over-year
How far is VIV quarterly operating margin from its all-time high?: VIV quarterly operating margin is currently -47.19% below its historical high of 30.30% set on December 31, 2006
How does VIV quarterly operating margin rank versus sector peers?: VIV quarterly operating margin is higher than 75.73% of companies in Communication Services sector
When is VIV next earnings release?: The next earnings release for VIV is on November 10, 2026

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Data Sources & References

VIV Official Website www.telefonica.com.br
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1066119/000207097926000018/0002070979-26-000018-index.htm
VIV Profile on Yahoo Finance finance.yahoo.com/quote/VIV
VIV Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/viv