Table of contents for the 1st Interim Report 2026 report

Interim Report 2026KPIs GroupKPIs segmentsFinancial review
SummaryDepreciation and amortisation, non-operating resultsCash flowsNet asset positionFinancial outlook
Consolidated interim financial statements
Consolidated statement of comprehensive income (unaudited)Consolidated balance sheet (unaudited)Consolidated statement of cash flows (unaudited)Consolidated statement of changes in equity (unaudited)
Notes to the interim financial statements
About this report1 Changes in accounting principles2 Segment information3 Operating costs4 Dividend5 Financial liabilities6 Financial result7 Net current operating assets8 Provisions and contingent liabilities
Alternative performance measures
Reconciliation of alternative performance measures
Further information
Share informationQuarterly review 2025 and 2026Disclaimer

Consolidated statement of comprehensive income (unaudited)

In CHF million, except for per share amounts Note 1.1.–31.3.2026 1.1.–31.3.2025
Income statement
Revenue 2 3,606 3,759
Direct costs 3 (868) (968)
Personnel expense 3 (762) (780)
Other operating expense 3 (518) (539)
Capitalised self-constructed assets and other income 3 228 214
Operating income before depreciation and amortisation 1,686 1,686
Depreciation and amortisation of property, plant and equipment and intangible assets (784) (773)
Depreciation of right-of-use assets (385) (394)
Operating income 517 519
Financial income 6 9 18
Financial expense 6 (122) (95)
Result of equity-accounted investees – –
Income before income taxes 404 442
Income tax expense (72) (75)
Net income 332 367
Other comprehensive income
Actuarial gains and losses from defined benefit pension plans 3 4
Change in fair value of equity instruments (2) 1
Items that will not be reclassified to income statement 1 5
Foreign currency translation adjustments of foreign subsidiaries (73) 66
Change in cash flow hedges 7 6
Items that may be reclassified to income statement (66) 72
Other comprehensive income (65) 77
Comprehensive income
Net income 332 367
Other comprehensive income (65) 77
Comprehensive income 266 444
Share of net income and comprehensive income
Equity holders of Swisscom Ltd 332 367
Non-controlling interests – –
Net income 332 367
Equity holders of Swisscom Ltd 267 444
Non-controlling interests (1) –
Comprehensive income 266 444
Earnings per share
Basic and diluted earnings per share (in CHF) 6.41 7.09