Telekom stock holds steady as 2025 profit and revenue climb

Telekom stock is supported by 2025 revenue of EUR 115.8 billion and adjusted EBITDA AL of EUR 43.0 billion, alongside a 16 July 2026 investment relations update.

Telekom stock is anchored by 2025 revenue of EUR 115.8 billion and adjusted EBITDA AL of EUR 43.0 billion, while the company said on 16 July 2026 that it keeps publishing investor relations material through its official portal. The shares are linked to Telekom AG (ISIN DE0005557508), and the latest disclosed operating base still gives the stock a clear scale reference for investors.

EUR 115.8 billion revenue

Telekom reported 2025 revenue of EUR 115.8 billion, up from EUR 115.3 billion in 2024, according to the companys annual reporting context. Adjusted EBITDA AL reached EUR 43.0 billion in 2025, compared with EUR 40.5 billion a year earlier, which shows that operating profit kept improving faster than sales.

The same 2025 reporting set also showed adjusted free cash flow AL of EUR 19.2 billion, up from EUR 16.1 billion in 2024. That comparison matters because cash generation, not just top-line growth, remains the number that supports Telekom stock on quieter trading days.

Cash flow rises 19.3%

Adjusted free cash flow AL increased by EUR 3.1 billion year on year, a 19.3% rise from 2024 to 2025. Measured against revenue, the 2025 cash figure equals roughly 16.6% of sales, a healthy conversion rate for a telecom group with heavy network spending.

Adjusted EBITDA AL expanded by EUR 2.5 billion year on year, or 6.2%, to EUR 43.0 billion in 2025. That is the kind of gap that shows earnings quality improved even before any new market catalyst enters the frame.

2025 margins improved

Telekoms 2025 adjusted EBITDA AL margin was about 37.1%, based on EUR 43.0 billion of adjusted EBITDA AL against EUR 115.8 billion of revenue. In 2024, the same ratio was about 35.1%, so the margin improved by roughly 2 percentage points year on year.

For Telekom stock, that margin shift is more important than a single day of trading noise because it shows that the group kept more of each euro of sales after operating costs. The 2025 numbers also point to a business that is still large enough to absorb investment while lifting profitability.

Mobile business stays central

Telekoms mobile and broadband base remains the core product story behind the earnings figures, even when the immediate market catalyst is limited. The latest annual metrics show why: revenue, EBITDA, and free cash flow all moved in the right direction in 2025, and that combination supports the broader investment case.

Telekom stock last closed at a market value that investors typically compare with its large-cap European telecom peers, but the dated 2025 operating numbers are the more durable reference point. The balance between EUR 115.8 billion in revenue, EUR 43.0 billion in adjusted EBITDA AL, and EUR 19.2 billion in adjusted free cash flow AL is the key context for the share.

Large-cap telecom value

Telekom stock trades on the basis of scale, cash generation, and network quality rather than short-term headlines alone. The 2025 report figures show a company that continues to produce a wide earnings base and a sizable cash surplus after investment needs.

Telekom stock facts

• Company: Deutsche Telekom AG
• ISIN: DE0005557508
• Ticker: XETRA: DTE
• Trading venue: Xetra
• Sector / Industry: Communication Services / Integrated Telecommunication Services
• Index membership: DAX