14 Nov PT&T at 3Q25 Sustained Growth Momentum, Core Margins Steady
Key Highlights of 3Q 2025 (vs 3Q 2024)
- Total revenues increased by 9% year-on-year, driven by growth in IT Services and sustained Broadband Revenues.
- 3Q 2025 Revenues up to 25% YoY growth, underscoring strong quarter-on-quarter execution.
- Core EBITDA maintained a healthy 12% margin, supported by cost discipline management.
- 9M25 Core earnings at 4% while delivering investments in network reliability and enterprise solutions.
PT&T Corp. (PSE:PTT) (“PT&T” or the “Company”) today announced its unaudited financial and operational results for the quarter ended September 30, 2025. The Company continued to deliver sustained profitability and steady margin performance, highlighting resilient topline growth and steady core operations delivery.
Steady performance amid strategic expansion
Broadband remained the primary growth engine, contributing about 75% of 9M25 revenues. Performance reflected healthy enterprise account retention, improved building utilization, and steady ARPU, partially offset by deliberate disconnections from tighter collections enforcement. On profitability, Broadband delivered a Core EBITDA margin of 18.1% for 9M25.
IT Services continued its uptrend, with revenues up 59% YoY in 9M25 on higher project closures across infrastructure, applications, and managed services. As the portfolio scales, the core EBITDA margin improved toward breakeven, on better cost absorption and mix. The Company is deepening solutions in cybersecurity, cloud, and data networking to capture enterprise demand.
For 9M25, Core EBITDA margin was 12%. After charges equal to roughly 8% of revenue for depreciation and interest on core operations, core earnings were about 4% of revenue.
“We’re delivering with discipline—protecting margins in Broadband while scaling IT Services where customer demand is strongest—while sharpening our Metro Manila and CALABARZON footprint and sustaining cost rigor to deliver durable growth and stakeholder value,” said Angel S. Mercado, Acting President and SVP – Chief Revenue Officer of PT&T.
Financial position and outlook
PT&T maintained equity equivalent to 16% of 9M25 revenues, with cash at 4% of revenues and a current ratio of 0.49:1. The Company remains focused on working-capital discipline, receivables quality, and expense control while supporting targeted growth investments—namely network expansion and utilization gains in Metro Manila and CALABARZON, enterprise IT and cybersecurity solutions (leveraging partnerships and the SecureLink platform), and operational efficiency programs to sustain core margins and strengthen liquidity.
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Disclaimer on Forward-looking Statements and Information:
This disclosure contains forward-looking statements and forward-looking information in accordance with applicable laws in the Philippines. These statements and information are based on the current expectations, estimates, and assumptions of our management regarding future events. They are subject to certain risk factors and uncertainties, including those beyond our control, which may cause the actual results, financial situation, or performance to differ materially from the estimates or developments implied in these forward-looking statements. We undertake no obligation to update these forward-looking statements to reflect actual results, changes in assumptions, or changes in other factors affecting such statements, as required by Philippine laws and regulations.
About PT&T Corp. (PSE:PTT)
Incorporated in 1962, PT&T Corp. (previously known as Philippine Telegraph & Telephone Corporation) is a diversified telecommunications and information technology services provider. The Company caters to corporate, small/medium business, and residential segments across the Philippines. PT&T continues to specialize in adapting its services to the needs of enterprise and institutional end users. At present, PT&T’s business activities are categorized into two major businesses: Connectivity and IT Services.
Currently, PT&T has a network reach of 29,895 fiber kilometers in high-growth areas, covering almost 40% of the total Philippine population. The Company holds a 25-year National Legislative Franchise which allows it to establish, maintain, and operate both wired and wireless telecommunications systems for domestic and international communication. PT&T is a publicly listed company in the Philippine Stock Exchange.
For media inquiries or further information, please contact:
PT&T’s Investor Relations at [email protected] or visit https://www.ptt.com.ph or check @PTTFiberInternet on Facebook or LinkedIn.