VEON VEON Ltd.
Price Chart
Executive Summary
VEON reported strong 4Q25 results with 17.4% YoY revenue growth and 29.1% EBITDA growth, driven by an 84.1% surge in digital revenues, which now represent over 20% of total revenue. The company raised its buyback program and provided 2026 guidance calling for 9%-12% revenue growth and 7%-10% EBITDA growth, signaling continued momentum in its digital transformation.
Key Financial Metrics
Actionable Insight
The sharp acceleration in digital and financial services revenue, combined with strong EBITDA margin expansion and raised guidance, suggests VEON's digital pivot is gaining traction. Traders should monitor execution on M&A integrations and whether 2026 guidance is exceeded, especially given the upward trend in digital adoption.
Key Facts
- 4Q25 revenue grew 17.4% YoY to $1.171 billion
- 4Q25 EBITDA increased 29.1% YoY to $527 million, with margin expanding to 45.0%
- Digital revenues surged 84.1% YoY to $235 million, now 20.1% of total revenue
- Full-year 2025 revenue up 9.9% to $4.399 billion; EBITDA up 18.8% to $2.009 billion
- 2026 guidance: 9%-12% revenue growth and 7%-10% EBITDA growth in USD terms
- Completed $100 million buyback program and initiated a second; new policy targets at least $100 million in annual repurchases
- Acquired Tabletki.ua for $160 million and advanced acquisition of TPL Insurance in Pakistan
Financial Impact
Revenue increased by $178 million YoY in Q4 and $400 million for the full year; EBITDA grew by $119 million in the quarter and $320 million annually
Risk Factors
- Forward-looking statements are preliminary and subject to change upon final audit
- Geopolitical risks in Ukraine and Pakistan could impact operations and capex
- Execution risk in integrating digital acquisitions like Tabletki.ua and TPL Insurance
Market Snapshot
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3255249 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 9, 2026
today
|
Press Release
| — | awaiting T+1 | — | — |
|
Jun 5, 2026
4d ago
|
Press Release
| $50.87 awaiting T+1 | awaiting T+1 | — | $49.01 (−3.66%) |
|
Jun 3, 2026
6d ago
|
Press Release
| $52.61 $51.53 | ▼ −2.05% | ▼ −2.45% | $49.01 (−6.84%) |
|
Jun 2, 2026
7d ago
|
6-K
| $55.30 $52.61 | ▼ −4.86% | ▼ −4.17% | $49.01 (−11.37%) |
|
May 26, 2026
14d ago
|
Press Release
| $56.42 $57.54 | ▲ +1.99% | ▲ +1.97% | $49.01 (−13.13%) |
|
May 20, 2026
20d ago
|
6-K
| $55.11 $56.70 | ▲ +2.89% | ▲ +2.69% | $49.01 (−11.07%) |
|
May 18, 2026
22d ago
|
Press Release
| $54.57 $55.44 | ▲ +1.59% | ▲ +2.24% | $49.01 (−10.19%) |
|
May 13, 2026
28d ago
|
Press Release
| $56.89 $53.92 | ▼ −5.22% | ▼ −6.00% | $49.01 (−13.85%) |
|
May 11, 2026
29d ago
|
6-K
| $50.03 $50.00 | ▼ −0.06% | ▲ +0.08% | $49.01 (−2.04%) |
|
May 6, 2026
4w ago
|
Press Release
| $49.13 $48.46 | ▼ −1.36% | ▼ −1.03% | $49.01 (−0.24%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access