Deutsche Telekom's quarterly net profit 2024

In the second quarter of 2024, Deutsche Telekom reported a quarterly profit of approximately 2.09 billion euros. This marked a significant increase compared to the same quarter in the previous year, which saw the firm report a quarterly profit of just over 1.5 billion euros.

Net profit of Deutsche Telekom worldwide from 2010 to 2024, by quarter (in million euros)

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Release date

August 2024

More information

Region

Worldwide

Survey time period

2010 to 2024

Supplementary notes

* The source made the following note: "On October 3, 2012, we concluded an agreement with MetroPCS on the combination of our business activities in the United States. The agreement triggered an impairment test for T-Mobile USA. With no market value being available in the past, the fair value of T-Mobile USA had been determined using so-called discounted cash flow calculations. As a result of the agreed business combination and in accordance with the applicable International Financial Reporting Standards (IFRSs), the valuation of T-Mobile USA as of September 30, 2012 had to be based on the share price of the MetroPCS share prior to the announcement of the transaction. This resulted in a noncash impairment loss of around EUR 7.4 billion (after taxes) which significantly impacted the Group results in the reporting period".

** The source made the following note: "Earnings per share in 2022 were EUR 0.79, compared with EUR 0.20 in the prior year period. Comparisons to the previous year are not applicable."

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