Telefonica S A annual capital expenditures (capex)
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Telefonica S A Capital Expenditures (CapEx) Growth & History (TEFOF)
Telefonica S A's capital expenditures (capex) was €5.05B for fiscal 2025.
View full Telefonica S A company overviewTelefonica S A annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | €5.05B | −€735.0M | −12.69% |
| 2024 | 2024-12-31 | €5.79B | −€371.0M | −6.02% |
| 2023 | 2023-12-31 | €6.16B | −€189.0M | −2.98% |
| 2022 | 2022-12-31 | €6.35B | −€378.0M | −5.62% |
| 2021 | 2021-12-31 | €6.73B | −€801.0M | −10.64% |
| 2020 | 2020-12-31 | €7.53B | −€881.0M | −10.48% |
| 2019 | 2019-12-31 | €8.41B | −€367.0M | −4.18% |
| 2018 | 2018-12-31 | €8.78B | −€363.0M | −3.97% |
| 2017 | 2017-12-31 | €9.14B | −€181.0M | −1.94% |
| 2016 | 2016-12-31 | €9.32B | −€1.19B | −11.31% |
| 2015 | 2015-12-31 | €10.51B | — | — |
Telefonica S A quarterly capital expenditures (capex)
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q4 2025 | 2025-12-31 | €1.04B | −€675.0M | −39.34% |
| Q3 2025 | 2025-09-30 | €1.32B | — | — |
| Q2 2025 | 2025-06-30 | €1.53B | — | — |
| Q1 2025 | 2025-03-31 | €1.41B | — | — |
| Q4 2024 | 2024-12-31 | €1.72B | — | — |
Telefonica S A capital expenditures (capex) trends
Over the last five fiscal years, Telefonica S A's capital expenditures (capex) decreased from €7.53B to €5.05B, a change of −€2.47B. The latest reported quarter, Q4 2025, shows €1.04B.
About the metric
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
Calculation and source
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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