DT Continues to Grow Steadily; Raises 2025 Guidance Again

Deutsche Telekom reported Q2 results, stating that its businesses are performing well. Following a good start to the year, the company continued to grow steadily in the second quarter of 2025.

In organic terms, the Group’s revenue was up in the second quarter by 4.0 percent year-on-year to €28.7 billion. Service revenues likewise grew by 4.0 percent to €24.4 billion. Adjusted EBITDA AL increased in the same period by 5.0 percent in organic terms to €11.0 billion.

Free cash flow AL decreased by 6.7 percent to €4.9 billion. Over the first half of the year, free cash flow AL increased by 17.8 percent overall to €10.5 billion. “We are again seeing sustained strong growth on both sides of the Atlantic throughout the second quarter,” says Tim Höttges, CEO of DT. “Deutsche Telekom continues to set the pace in the industry.”

Reported net profit increased by 25.2 percent year-on-year to €2.6 billion. Adjusted for special factors, net profit increased by 1.1 percent to €2.5 billion. Over the first half of the year, net profit increased by 4.9 percent overall to €4.9 billion. DT has raised its guidance for the 2025 full year for the second time this year. Adjusted EBITDA AL is now expected to total more than €45 billion. Free cash flow AL is now expected to come in at over €20 billion.