Swisscom (SCMN) Q4 2025 (Media) earnings summary

Executive summary

• Annual profit for 2025 was CHF 180 million, a significant decrease from CHF 3,003 million in 2024.

• The Board proposes an ordinary dividend of CHF 26 per share, to be paid on 31 March 2026.

• The Swiss Confederation remains the majority shareholder with 51% of shares.

Financial highlights

• Total operating income for 2025 was CHF 3,021 million, up from CHF 3,010 million in 2024.

• Operating income increased to CHF 317 million from CHF 159 million year-over-year.

• Total assets decreased to CHF 22,166 million at year-end 2025 from CHF 24,243 million in 2024.

• Equity at year-end 2025 was CHF 7,943 million, down from CHF 8,903 million in 2024.

Outlook and guidance

• The Board of Directors approved the financial statements on 11 February 2026; the AGM for approval is scheduled for 25 March 2026.

• No material events after the balance sheet date were reported up to the issuance date.