Telecom Italia Q2 FY26 net profit returns to EUR 88 million; H1 FY26 revenue rises 2% to EUR 6.8 billion

• Telecom Italia posted H1 revenue of EUR 6.8 billion, up 2% year over year; Q2 net profit attributable to shareholders swung to EUR 88 million.
• H1 EBITDA after lease rose 1.2% to EUR 1.8 billion, while leverage fell to 1.94x with adjusted net financial debt after lease below EUR 7.3 billion.
• H1 equity free cash flow after lease totaled EUR 700 million; Q2 equity free cash flow after lease climbed to EUR 1 billion.
• H1 TIM Consumer revenue fell 2.7% to EUR 2.9 billion on a planned MVNO contraction; TIM Enterprise revenue rose 5.6% to EUR 1.7 billion.
• TIM Brasil revenue increased 6% to EUR 2.3 billion; 2026-2027 guidance was confirmed as the board backed Poste Italiane’s takeover offer terms.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Telecom Italia S.p.A. published the original content used to generate this news brief via SDIR, the Italian regulatory disclosure system (Ref. ID: 156_170325_2026_oneinfo.pdf), on July 29, 2026, and is solely responsible for the information contained therein.