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

KPIs Group

In CHF million, except where indicated Q1 2026 Q1 2025 Change in %
Financial data1
Revenue 3,606 3,759 (153) –4.1%
EBITDA after lease expense (EBITDAaL) 1,288 1,277 10 0.8%
Capital expenditure 693 780 (86) –11.0%
Operating free cash flow 594 498 96 19.3%
Free cash flow 586 471 115 24.3%
Net income 332 367 (35) –9.6%
Equity 11,157 12,598 (1,441) –11.4%
Net debt 16,176 15,634 542 3.5%
Operational data Switzerland
Postpaid value connections thousand 4,421 4,403 19 0.4%
Broadband connections thousand 1,918 1,953 (34) –1.8%
TV connections thousand 1,445 1,481 (36) –2.4%
Fixed telephony connections thousand 989 1,070 (81) –7.5%
Wholesale wireline access lines thousand 782 742 40 5.4%
Operational data Italy
Wireless connections thousand 19,907 20,214 (308) –1.5%
Broadband connections thousand 5,550 5,662 (112) –2.0%
Wholesale wireless connections thousand 8,190 6,787 1,403 20.7%
Wholesale wireline access lines thousand 1,194 968 226 23.3%
Swisscom share
Number of issued shares thousand 51,802 51,802 – –
Market capitalisation 34,552 26,393 8,159 30.9%
Closing price CHF 667.00 509.50 157.50 30.9%
Employees
Full-time equivalent employees number 23,073 23,717 (643) –2.7%
1 Swisscom uses various alternative performance measures. The definitions and the reconciliation to the values in accordance with IFRS Accounting Standards are set out on pages 22–24 of the Interim Report .

Totals in the tables included in this report may not add up due to rounding. Percentages and variances are calculated based on unrounded figures. The figures 0 and (0) indicate positive or negative amounts rounded to zero, while a dash (–) indicates zero.