Globe Telecom enters the next phase of its digital and business transformation, demonstrating that strong financial discipline and operational efficiency can power growth even amid challenging market conditions. With a robust balance sheet and strengthened cash generation, Globe is positioned to make strategic investments that maximize impact and deliver value where they matter most.
Globe reported consolidated gross service revenues of ₱121.7 billion for the first nine months of 2025, with data-centric services contributing 88% of total revenue at ₱106.8 billion; net income for the same period reached ₱17.7 billion. These results reflect continued demand for mobile data, broadband, and enterprise digital solutions, validating Globe’s pivot toward a data-driven, digital-first business model.
Capital discipline remains central to Globe’s strategy. The company’s capital expenditures for the first nine months of 2025 totaled ₱31.4 billion, down 23% year-on-year and representing only 26% of gross service revenues. This efficient capital allocation allows Globe to prioritize high-impact investments in data-related projects, reaffirming Globe’s commitment to advancing digital capacity and expanding connectivity nationwide. By pursuing focused investments and innovation shaped around customer demand, Globe continues to empower more Filipinos to thrive in a digitally connected economy.
By mid-2025, Globe achieved positive free cash flow before dividends, earlier than expected, and aims to sustain and build on this for the remainder of the year. This strengthened cash position empowers Globe to respond swiftly to market opportunities, accelerate network and digital investments, and sustain long-term growth for its customers and stakeholders.
“Strengthening our financial position gives us the flexibility and confidence to make strategic investments in areas that will have the greatest impact, from expanding high-speed broadband and 5G to scaling enterprise solutions and digital platforms,” said Carl Cruz, President and CEO of Globe. “It allows us to act quickly on opportunities, deliver meaningful value to our customers, and ensure that Globe continues to be at the forefront of innovation and connectivity in the Philippines.”
Looking ahead, Globe is focused on delivering seamless connectivity, expanding its digital solutions portfolio, and driving enterprise innovation. This strategy ensures the company remains agile and resilient, converting financial strength into meaningful growth and sustained value for the Filipino people.
