PLDT Inc (PHI) Income Statement
PHI 2025 at a glance
Fiscal year ended December 31, 2025 · PHPPHI revenue and net income
Where PHI's revenue goes
2025Each bar shows an amount and its share of revenue. PHI kept 13.7% of revenue as net income.
PHI profit margins
PHI growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +3.0% | +3.0% | +4.3% | +2.7% |
| Gross profit | −15.9% | −4.9% | −1.6% | +0.4% |
| Operating income | −48.7% | −17.5% | −8.4% | −2.4% |
| Net income | −5.0% | +43.0% | +4.8% | +3.4% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
PHI income statement in PHP
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₱223.30B | ₱216.83B | ₱210.95B | ₱204.36B | ₱192.19B | ₱181.00B | ₱169.19B | ₱162.91B | ₱158.93B | ₱165.26B |
| Cost of revenue | ₱90.27B | ₱58.58B | ₱55.78B | ₱49.61B | ₱42.03B | ₱36.93B | ₱37.55B | ₱35.78B | ₱33.91B | ₱44.51B |
| Gross profit | ₱133.04B | ₱158.25B | ₱155.17B | ₱154.75B | ₱150.16B | ₱144.07B | ₱131.64B | ₱127.14B | ₱125.02B | ₱120.75B |
| Research & development | — | — | — | — | — | — | ₱0 | ₱0 | ₱0 | ₱0 |
| Sales, general & admin | ₱39.61B | ₱42.26B | ₱46.25B | ₱51.28B | ₱45.98B | ₱45.71B | ₱46.52B | ₱52.58B | ₱51.44B | ₱46.99B |
| Total operating expenses | ₱77.50B | ₱50.02B | ₱54.01B | ₱55.88B | ₱56.80B | ₱57.79B | ₱49.29B | ₱62.30B | ₱57.94B | ₱60.52B |
| Operating income | ₱55.54B | ₱108.23B | ₱101.16B | ₱98.88B | ₱93.36B | ₱86.29B | ₱82.35B | ₱64.84B | ₱67.09B | ₱60.23B |
| Interest income | ₱719.0M | ₱916.0M | ₱910.0M | ₱16.57B | ₱656.0M | ₱1.21B | ₱1.75B | ₱4.61B | ₱2.57B | ₱6.52B |
| Interest expense | ₱18.15B | ₱15.42B | ₱13.66B | ₱11.54B | ₱10.30B | ₱203.3M | ₱165.2M | ₱6.93B | ₱7.23B | ₱7.19B |
| Income before taxes | ₱40.38B | ₱42.69B | ₱36.48B | ₱14.03B | ₱34.26B | ₱33.02B | ₱32.34B | ₱22.82B | ₱14.57B | ₱22.07B |
| Income taxes | ₱9.48B | ₱10.14B | ₱9.61B | ₱2.70B | ₱7.46B | ₱8.44B | ₱9.55B | ₱3.84B | ₱1.10B | ₱1.91B |
| Net income | ₱30.69B | ₱32.31B | ₱26.61B | ₱10.48B | ₱26.37B | ₱24.28B | ₱22.52B | ₱18.92B | ₱13.37B | ₱20.01B |
| EBITDA | ₱101.20B | ₱114.16B | ₱101.40B | ₱150.48B | ₱100.22B | ₱94.30B | ₱84.62B | ₱81.54B | ₱87.40B | ₱61.16B |
| Gross margin | 59.6% | 73.0% | 73.6% | 75.7% | 78.1% | 79.6% | 77.8% | 78.0% | 78.7% | 73.1% |
| Operating margin | 24.9% | 49.9% | 48.0% | 48.4% | 48.6% | 47.7% | 48.7% | 39.8% | 42.2% | 36.4% |
| Net margin | 13.7% | 14.9% | 12.6% | 5.1% | 13.7% | 13.4% | 13.3% | 11.6% | 8.4% | 12.1% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₱55.97B | ₱57.66B | ₱55.20B | ₱53.71B | ₱54.30B | ₱55.28B | ₱55.89B | ₱53.36B | ₱53.36B | ₱54.22B | ₱54.60B | ₱52.32B |
| Cost of revenue | ₱22.82B | ₱24.20B | ₱24.66B | ₱6.70B | ₱7.32B | ₱23.47B | ₱15.55B | ₱6.73B | ₱6.65B | ₱21.95B | ₱15.28B | ₱5.96B |
| Gross profit | ₱33.15B | ₱33.46B | ₱30.54B | ₱47.01B | ₱46.98B | ₱31.80B | ₱40.34B | ₱46.63B | ₱46.71B | ₱32.28B | ₱39.31B | ₱46.36B |
| Sales, general & admin | ₱18.42B | ₱9.29B | ₱10.41B | ₱19.04B | ₱19.12B | ₱9.43B | ₱10.42B | ₱18.99B | ₱20.47B | ₱10.41B | ₱13.37B | ₱13.37B |
| Total operating expenses | ₱19.67B | ₱18.57B | ₱23.03B | ₱19.04B | ₱33.16B | ₱17.08B | ₱12.63B | ₱18.99B | ₱34.20B | ₱16.67B | ₱15.87B | ₱19.06B |
| Operating income | ₱13.48B | ₱14.88B | ₱7.51B | ₱27.97B | ₱13.82B | ₱14.73B | ₱27.70B | ₱27.64B | ₱12.51B | ₱15.60B | ₱23.45B | ₱27.31B |
| Interest income | — | ₱161.0M | ₱168.0M | ₱3.69B | ₱3.76B | ₱199.0M | ₱198.0M | ₱2.94B | — | ₱269.0M | ₱283.0M | ₱3.28B |
| Interest expense | ₱4.45B | ₱4.31B | ₱4.70B | ₱81.9M | — | ₱4.30B | ₱4.50B | — | ₱4.38B | ₱3.34B | ₱65.6M | ₱4.17B |
| Income before taxes | ₱10.11B | ₱11.49B | ₱6.78B | ₱9.04B | ₱11.87B | ₱11.80B | ₱5.63B | ₱12.76B | ₱11.11B | ₱13.19B | −₱1.07B | ₱12.77B |
| Income taxes | ₱2.43B | ₱2.39B | ₱1.69B | ₱2.08B | ₱2.76B | ₱2.74B | ₱1.30B | ₱3.05B | ₱2.49B | ₱3.30B | ₱79.0M | ₱3.29B |
| Net income | ₱7.64B | ₱9.05B | ₱4.95B | ₱6.93B | ₱9.11B | ₱9.03B | ₱4.24B | ₱9.66B | ₱8.59B | ₱9.82B | −₱1.26B | ₱9.43B |
| EBITDA | ₱27.75B | ₱25.77B | ₱24.45B | ₱27.97B | ₱27.93B | ₱27.60B | ₱33.46B | ₱27.70B | ₱26.30B | ₱27.62B | ₱23.50B | ₱27.37B |
| Gross margin | 59.2% | 58.0% | 55.3% | 87.5% | 86.5% | 57.5% | 72.2% | 87.4% | 87.5% | 59.5% | 72.0% | 88.6% |
| Operating margin | 24.1% | 25.8% | 13.6% | 52.1% | 25.4% | 26.6% | 49.6% | 51.8% | 23.5% | 28.8% | 42.9% | 52.2% |
| Net margin | 13.7% | 15.7% | 9.0% | 12.9% | 16.8% | 16.3% | 7.6% | 18.1% | 16.1% | 18.1% | −2.3% | 18.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in PHP as reported in PHI's financial statements (latest annual report filed April 27, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
PHI financial results
In fiscal year 2025 (ended December 31, 2025), PLDT reported revenue of ₱223.3 billion, up 3.0% from the year before. It had net income of ₱30.7 billion (down 5.0%), a net profit margin of 13.7%. Over five years revenue grew at an average rate of 4.3% a year. Figures are in PHP, the currency of its financial statements.
See the PHI stock overview for the latest quote and news, or the PHI chart for price history and technical indicators.
PHI income statement FAQ
What is PLDT's annual revenue?
PLDT reported total revenue of ₱223.3 billion for fiscal year 2025, which ended on December 31, 2025. That was up 3.0% from ₱216.8 billion the previous year.
Is PLDT profitable?
Yes. PLDT reported net income of ₱30.7 billion in fiscal 2025, a net profit margin of 13.7%; its operating margin was 24.9%.
What is PLDT's gross margin?
PLDT's gross margin was 59.6% in fiscal 2025: for every $100 of revenue, PLDT kept $60 after the direct cost of its products and services.
How fast is PLDT growing?
Revenue grew 4.3% a year on average over the last five fiscal years, from ₱181.0 billion to ₱223.3 billion.
When will PLDT report its next earnings?
PLDT is expected to report results for the quarter ending September 30, 2026 on November 10, 2026 after the market closes.
When does PLDT's fiscal year end?
PLDT's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 27, 2026.