PLDT Inc

Latest Results (04.04.2026):

PLDT Inc. — reporting on its results for the year ended December 31, 2025 (FY2025) with reference to fourth-quarter 2025 (4Q2025) trends — delivered record service and EBITDA levels as data and broadband growth offset legacy declines, while sustaining positive free cash flow and approving a strong shareholder payout.

Top-line

Gross Service Revenues rose 2% to ₱212.2 billion and Net Service Revenues (net of interconnect) reached a record ₱196.2 billion in FY2025 (up 1% YoY; +3% ex-legacy services). Data & broadband made up ₱166.5 billion or 85% of service revenues.

Profitability

Consolidated EBITDA increased 3% to a record ₱111.2 billion with an EBITDA margin stable at 52%. Core Income improved 1% to ₱34.6 billion. Reported net income declined 7% to ₱30.0 billion (Reported EPS ~₱139), reflecting lower non-core gains and higher non-recurring charges.

Dividend

The Board approved a final cash dividend of ₱46 per share, bringing total dividends for 2025 to ₱94 per share (60% payout of Telco Core EPS).

Capital allocation & cash flow

2025 capex was ₱60.3 billion (capex intensity 28%, down from ₱78.2B in 2024). PLDT sustained positive free cash flow as of end-2025 and expects 2026 capex in the mid-₱50 billion range while maintaining a 60% dividend policy.

Balance sheet & leverage

Consolidated net debt stood at ₱284.7 billion with Net Debt-to-EBITDA of 2.56x; gross debt ₱296.9 billion (13% USD-denominated; ~5% unhedged). Credit ratings from Moody’s and S&P remained investment grade.

Wireless Consumer (Smart)

Wireless Consumer revenues were ₱85.0 billion in 2025, with wireless consumer data (incl. FWA) at ₱77.2 billion (91% of segment). 4Q2025 showed sequential improvement (+4% QoQ). 5G device base grew 35% to 11.2 million (19% of handsets); total data traffic rose 7% to 5,914 PB.

PLDT Home (Fiber)

Home revenues reached a record ₱61.0 billion; Fiber revenues climbed 6% to ₱59.4 billion and accounted for 98% of Home revenues. Fiber net adds were 392k (up 98% YoY), total fiber subs 3.76 million, and full-year churn 1.8% (4Q churn 1.6%).

Enterprise & cloud

PLDT Enterprise posted record revenues of ₱48.4 billion (+1% YoY), led by Corporate Data & ICT at ₱36.3 billion (+3%). ePLDT and VITRO combined revenues were ₱6.5 billion (+22%), supported by new AI-ready hyperscale capacity (VITRO Santa Rosa) and Pilipinas AI offerings.

Maya (digital finance)

Maya closed its first full year of profitability with group net income of ₱1.7 billion. Deposits reached ~₱68 billion (+72% YoY) and total loans disbursed since 2022 hit ₱256 billion; credit portfolio gross NPL ~6.1%.

Sustainability & outlook

PLDT was included for a second consecutive year in the S&P Global Sustainability Yearbook (CSA score 77). For 2026 the company expects mid-₱50B capex, to sustain positive free cash flow and maintain a 60% dividend payout. Summarized from source with an LLMView Source