Financials · TKC

Turkcell Iletisim Hizmetleri AS (TKC) financials

For fiscal 2025 (ended Dec 31, 2025), Turkcell Iletisim Hizmetleri AS reported TRY 241.47B of revenue and TRY 17.60B of net income. Figures are in TRY, the currency of its SEC filings.

Revenue, FY2025
TRY 241.47B
Revenue growth, YoY
+10.7%
Net income, FY2025
TRY 17.60B
Net income growth, YoY
-42.8%
Net margin
7.3%
Free cash flow, FY2025
TRY 52.65B
EPS, diluted, FY2025
TRY 8.08
EPS growth, YoY
-42.8%
Cash
TRY 91.83B
Total debt
TRY 158.65B
Annual revenueTRY 241.47B
FY2016FY2025
Annual net incomeTRY 17.60B
FY2016FY2025
Annual free cash flowTRY 52.65B
FY2016FY2025

TKC revenue and earnings growth

TKC revenueFY2025TRY 241.47B

FY YoY
+10.7%
5Y CAGR
+28.3%
10Y CAGR
+34.2%

TKC revenue was TRY 241.47B for fiscal 2025 (ended Dec 31, 2025), up 10.7% from fiscal 2024. Compound annual growth was +28.3% over 5 years and +34.2% over 10 years. It rose in each of the last 10 fiscal years. Fiscal 2025 is the highest of the 11 fiscal years on file.

TKC net incomeFY2025TRY 17.60B

FY YoY
-42.8%
5Y CAGR
+31.3%
10Y CAGR
+23.9%

TKC net income was TRY 17.60B for fiscal 2025 (ended Dec 31, 2025), down 42.8% from fiscal 2024. Compound annual growth was +31.3% over 5 years and +23.9% over 10 years. It rose in 8 of the last 10 fiscal years.

TKC EPSFY2025TRY 8.08

FY YoY
-42.8%
5Y CAGR
+30.9%

TKC diluted EPS was TRY 8.08 for fiscal 2025 (ended Dec 31, 2025), down 42.8% from fiscal 2024. Compound annual growth was +30.9% over 5 years.

TKC free cash flowFY2025TRY 52.65B

FY YoY
+23.5%
5Y CAGR
+33.3%

TKC free cash flow was TRY 52.65B for fiscal 2025 (ended Dec 31, 2025), up 23.5% from fiscal 2024. Compound annual growth was +33.3% over 5 years. It rose in 6 of the last 8 fiscal years. Fiscal 2025 is the highest of the 11 fiscal years on file.

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
RevenueTRY 241.47BTRY 218.16BTRY 202.43BTRY 134.98BTRY 108.60BTRY 69.50BTRY 25.14BTRY 21.29BTRY 17.63BTRY 14.29B
Cost of revenueTRY 173.12BTRY 164.33BTRY 159.53BTRY 117.93BTRY 86.14BTRY 53.11BTRY 17.08BTRY 14.15BTRY 11.35BTRY 9.24B
Gross profitTRY 68.35BTRY 53.83BTRY 42.90BTRY 17.05BTRY 22.46BTRY 16.39BTRY 8.05BTRY 7.15BTRY 6.28BTRY 5.05B
Research and developmentTRY 450.87MTRY 410.96MTRY 190.99MTRY 129.08MTRY 89.90MTRY 175.11M----
Selling, general and adminTRY 9.95BTRY 9.06BTRY 6.48BTRY 3.72BTRY 2.66BTRY 1.78BTRY 779.75MTRY 673.37MTRY 645.20MTRY 721.85M
Operating incomeTRY 38.31BTRY 26.06BTRY 14.76BTRY 4.26BTRY 12.10BTRY 8.99BTRY 5.03BTRY 4.36BTRY 2.93BTRY 2.18B
Interest expenseTRY 22.06BTRY 22.29BTRY 37.67BTRY 17.25BTRY 21.31BTRY 8.27BTRY 2.03BTRY 3.36BTRY 920.11MTRY 1.13B
Pre-tax incomeTRY 31.19BTRY 20.88BTRY 11.12BTRY 4.69BTRY 7.32BTRY 5.43BTRY 3.29BTRY 2.67BTRY 2.61BTRY 2.01B
Income taxTRY 13.40BTRY 6.37B-TRY 8.84B-TRY 4.02BTRY 900.34MTRY 919.74MTRY 785.63MTRY 495.48MTRY 571.76MTRY 423.16M
Net incomeTRY 17.60BTRY 30.79BTRY 23.72BTRY 9.93BTRY 7.14BTRY 4.50BTRY 3.25BTRY 2.02BTRY 1.98BTRY 1.49B
EPS, basicTRY 8.08TRY 14.12TRY 10.87TRY 4.55TRY 3.27TRY 2.10TRY 1.49---
EPS, dilutedTRY 8.08TRY 14.12TRY 10.87TRY 4.55TRY 3.27TRY 2.10TRY 1.49---
Diluted shares2.18B2.18B2.18B2.18B2.18B2.18B2.18B2.18B2.19B2.19B

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalentsTRY 91.83BTRY 90.23BTRY 72.16BTRY 42.78BTRY 30.60BTRY 11.86BTRY 10.24BTRY 7.42BTRY 4.71BTRY 6.05B
Short-term investmentsTRY 2.49BTRY 4.68BTRY 12.81BTRY 6.65B------
Receivables--------TRY 2.85BTRY 3.29B
InventoryTRY 897.95MTRY 883.01MTRY 780.38MTRY 494.99MTRY 458.72MTRY 203.72MTRY 178.40MTRY 180.43MTRY 104.10MTRY 131.97M
Current assetsTRY 156.63BTRY 148.81BTRY 148.05BTRY 77.31BTRY 48.57BTRY 20.58BTRY 19.33BTRY 18.34BTRY 14.07BTRY 13.35B
Goodwill----TRY 259.36MTRY 40.01M----
Total assetsTRY 500.57BTRY 450.63BTRY 356.74BTRY 234.99BTRY 151.30BTRY 51.50BTRY 45.71BTRY 42.77BTRY 33.98BTRY 31.60B
Current liabilitiesTRY 91.99BTRY 118.89BTRY 83.35BTRY 48.48BTRY 28.26BTRY 11.57BTRY 12.66BTRY 11.74BTRY 9.22BTRY 7.36B
Short-term debtTRY 35.92BTRY 67.94BTRY 37.74BTRY 27.55BTRY 14.54BTRY 5.23BTRY 7.63BTRY 7.04BTRY 4.28BTRY 2.85B
Long-term debtTRY 122.73BTRY 68.63BTRY 83.66BTRY 61.19BTRY 45.88BTRY 16.35BTRY 12.68BTRY 13.12BTRY 8.26BTRY 6.94B
Total debtTRY 158.65BTRY 136.57BTRY 121.40BTRY 88.74BTRY 60.42BTRY 21.59BTRY 20.31BTRY 20.16BTRY 12.54BTRY 9.78B
Total liabilitiesTRY 241.24BTRY 205.91BTRY 180.25BTRY 125.61BTRY 85.93BTRY 30.71BTRY 27.63BTRY 26.71BTRY 18.94BTRY 15.53B
Shareholders' equityTRY 259.33BTRY 244.72BTRY 231.00BTRY 206.70BTRY 155.50BTRY 110.57BTRY 65.56BTRY 16.05BTRY 15.05BTRY 16.07B

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flowTRY 96.62BTRY 82.80BTRY 78.85BTRY 61.04BTRY 61.65BTRY 21.00BTRY 9.03BTRY 5.83BTRY 3.10BTRY 607.14M
Capital expendituresTRY 43.97BTRY 40.18BTRY 26.87BTRY 22.21BTRY 18.06BTRY 8.48BTRY 3.20BTRY 2.96BTRY 2.94BTRY 2.57B
Free cash flowTRY 52.65BTRY 42.62BTRY 51.98BTRY 38.84BTRY 43.59BTRY 12.52BTRY 5.83BTRY 2.87BTRY 164.07M-TRY 1.97B
Investing cash flow-TRY 74.94B-TRY 48.56B-TRY 39.51B-TRY 45.79B-TRY 29.01B-TRY 14.54B-TRY 3.03B-TRY 4.54B-TRY 3.30B-TRY 2.98B
Financing cash flow-TRY 1.53B-TRY 12.81BTRY 12.79BTRY 4.89B-TRY 9.88B-TRY 9.95B-TRY 3.48B-TRY 534.38M-TRY 1.57BTRY 4.84B
Dividends paid-----TRY 811.62MTRY 1.01BTRY 1.90BTRY 2.99B-
Share repurchasesTRY 257.58MTRY 429.32MTRY 95.92M-TRY 858.0KTRY 25.03MTRY 10.00MTRY 94.62M-TRY 65.61M

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY10.7%7.8%50.0%24.3%56.3%176.5%18.1%20.8%23.4%11.9%
Net income growth, YoY-42.8%29.8%138.8%39.2%58.5%38.7%60.6%2.1%32.6%-27.8%
EPS growth, YoY-42.8%29.9%138.9%39.1%55.7%40.9%----
Gross margin28.3%24.7%21.2%12.6%20.7%23.6%32.0%33.6%35.6%35.3%
Operating margin15.9%11.9%7.3%3.2%11.1%12.9%20.0%20.5%16.6%15.3%
Net margin7.3%14.1%11.7%7.4%6.6%6.5%12.9%9.5%11.2%10.4%
Free cash flow margin21.8%19.5%25.7%28.8%40.1%18.0%23.2%13.5%0.9%-13.8%
Return on equity6.8%12.6%10.3%4.8%4.6%4.1%5.0%12.6%13.2%9.3%
Return on assets3.5%6.8%6.7%4.2%4.7%8.7%7.1%4.7%5.8%4.7%
Current ratio1.701.251.781.591.721.781.531.561.531.81
Debt to equity0.610.560.530.430.390.200.311.260.830.61

Source: XBRL data Turkcell Iletisim Hizmetleri AS files with the SEC, latest filing dated Apr 17, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

TKC peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
TKCTRY 241.47B+10.7%TRY 17.60B7.3%$4.27B
VZ$139.39B+1.4%$16.42B11.8%$191.94B
TMUS$93.82B+9.3%$11.30B12.0%$179.10B
T$128.85B+3.5%$13.13B10.2%$147.76B
GLW$17.72B+18.8%$2.24B12.6%$96.58B
AMXMXN 943.64B+8.6%MXN 82.82B8.8%$77.52B
LITE$3.74B+103.2%-$6.58B-175.8%$53.11B
CIEN$6.02B+32.6%$654.41M10.9%$38.59B
CHTNT$236.11B+2.7%NT$38.70B16.4%$37.86B

TKC FAQ

9 questions
  • What is TKC revenue?
    Turkcell Iletisim Hizmetleri AS (TKC) reported TRY 241.47B of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 10.7% from the year before.
  • Is TKC profitable?
    Yes. Turkcell Iletisim Hizmetleri AS earned TRY 17.60B in net income for fiscal 2025 (ended Dec 31, 2025), a net margin of 7.3%.
  • How much cash and debt does TKC have?
    Turkcell Iletisim Hizmetleri AS reported TRY 91.83B in cash and cash equivalents and TRY 158.65B of debt on its most recent balance sheet in SEC filings.
  • How fast is TKC revenue growing?
    Turkcell Iletisim Hizmetleri AS's revenue changed +10.7% in fiscal 2025, to TRY 241.47B. Its compound annual growth rate was +28.3% over 5 years and +34.2% over 10 years.
  • What is TKC gross margin?
    Turkcell Iletisim Hizmetleri AS's gross profit was TRY 68.35B on TRY 241.47B of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 28.3%.
  • What is TKC free cash flow?
    Turkcell Iletisim Hizmetleri AS generated TRY 52.65B of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of TRY 96.62B less capital expenditures.
  • What is TKC earnings per share?
    Diluted earnings per share were TRY 8.08 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
  • When did TKC last report financial results?
    The latest statements here come from Turkcell Iletisim Hizmetleri AS's 20-F filed on Apr 17, 2026, covering the period ended Dec 31, 2025.
  • Where does this TKC financial data come from?
    Quantisnow builds these statements from the structured XBRL data Turkcell Iletisim Hizmetleri AS files with the SEC. It is provided for information only and is not investment advice.