Table of contents for the 2nd 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 H1 2026 H1 2025 Change in %
Financial data1
Revenue 7,221 7,446 (225) –3.0%
EBITDA after lease expense (EBITDAaL) 2,557 2,474 83 3.3%
Capital expenditure 1,355 1,486 (131) –8.8%
Operating free cash flow 1,202 989 214 21.6%
Free cash flow 717 496 221 44.6%
Net income 668 625 43 6.9%
Equity 11,516 11,593 (78) –0.7%
Net debt 15,935 16,529 (595) –3.6%
Operational data Switzerland
Postpaid value wireless connections thousand 4,418 4,412 6 0.1%
Broadband connections thousand 1,907 1,947 (40) –2.1%
TV connections thousand 1,435 1,475 (40) –2.7%
Fixed telephony connections thousand 969 1,052 (83) –7.9%
Wholesale wireline access lines thousand 796 749 47 6.3%
Operational data Italy
Wireless connections thousand 19,803 20,207 (404) –2.0%
Broadband connections thousand 5,500 5,619 (119) –2.1%
Wholesale wireless connections thousand 5,856 7,336 (1,481) –20.2%
Wholesale wireline access lines thousand 1,243 1,018 225 22.1%
Swisscom share
Number of issued shares thousand 51,802 51,802 – –
Market capitalisation 32,298 29,138 3,160 10.8%
Closing price CHF 623.50 562.50 61.00 10.8%
Employees
Full-time equivalent employees number 22,761 23,498 (737) –3.1%
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.