Globe profit falls on flat revenueBased on its financial report, Globe’s net income went down by four percent to P23.26 billion in 2025, from P24.29 billion in 2024, suffering another year of profit reduction. MANILA, Philippines — Globe Telecom Inc. has fallen into another year of profit decline, marked by a flat performance from its revenue drivers that offset the growth of its e-wallet arm GCash. Globe’s mobile segment, its primary earner, ended flat with P165.08 billion, and the telco closed the year with double-digit revenue declines in fixed voice and non-telco services. GCash parent Globe Fintech Innovations Inc. (Mynt) turned in an equity share of P6.1 billion to Globe. Under Cruz’s watch, Globe wants to become the most profitable telco in the Philippines, a crown held by telco giant PLDT Inc.

Source: Philippine Star February 04, 2026 17:34 UTC