Telefónica 2Q 2026 revenue rose 3% to EUR 8.27 billion; net income from continuing operations attributable to shareholders fell 66.7% to EUR 87 million.
Adjusted EBITDA climbed 6.4% to EUR 2.93 billion; net financial expense widened 49% to EUR 494 million.
Free cash flow from continuing operations fell 29.9% to EUR 611 million; net financial debt edged down to EUR 25.28 billion.
Confirmed a EUR 0.15 per-share cash dividend for 2026, payable in June 2027; raised its 2026 adjusted OpCFaL growth target to above 3%.