GLOBE TELECOM REPORTED continued recovery and operational momentum in the third quarter of 2025, with consolidated gross service revenues reaching ₱41.5 billion, up 3% quarter-on-quarter, marking the company’s fastest sequential growth in 13 quarters. This positive trend brings Globe’s nine-month consolidated service revenues to ₱121.7 billion, underscoring the strong role of data connectivity in the digital lifestyles of Filipino consumers and enterprises.
Growth during the period was largely fueled by sustained demand for mobile data, home broadband, and enterprise digital solutions, with data-centric revenues rising to 88% of total consolidated service revenues.
Globe maintained a solid operational performance with ₱22.0 billion EBITDA in Q3, representing a 52.8% margin, reflecting continued cost discipline and efficient resource management. Meanwhile, the company recorded ₱17.7 billion in Net Income After Tax (NIAT) for the nine-month period, with core NIAT at ₱15.5 billion.
A key contributor to earnings was Globe Fintech Innovations, Inc. (Mynt), the operator of GCash, which delivered ₱5.3 billion in equity share to Globe during the period, accounting for 25% of the company’s pre-tax income. This highlights GCash’s expanding role in accelerating financial inclusion and enabling a broader digital ecosystem across the country.
In the home broadband segment, Globe continued its rapid fiber expansion strategy. GFiber Prepaid gained strong reception in the mass market, growing its subscriber base to 700,000 as of end-September 2025, a 28% increase quarter-on-quarter. This growth reflects the company’s ongoing efforts to democratize high-speed connectivity and offer flexible home internet options to more Filipino households.
Globe also further strengthened its network capabilities to meet the rising demand for reliable data services. The company optimized capital expenditures to ₱31.4 billion, down 23% year-on-year, in line with its strategic shift toward operational efficiency and advancement into positive free cash flow territory. Despite lower capex, Globe successfully expanded and modernized its network infrastructure, including additional mobile sites, fiber rollout, and broader 5G availability.
“Our third quarter performance reflects Globe’s strong operational execution and continued focus on elevating customer experience,” said Carl Raymond R. Cruz, President and CEO of Globe Telecom, Inc. “We are encouraged by the sustained momentum across our connectivity and digital platforms, particularly the growth of GFiber Prepaid and the expanding contribution of GCash. We remain committed to delivering innovation-led services and enabling inclusive digital access for Filipino communities.”
Looking forward, Globe will continue to focus on delivering high-quality data connectivity, expanding digital services, and strengthening its enterprise solutions portfolio to support the evolving needs of individuals, households, and businesses nationwide.
Globe remains steadfast in its vision to be the Philippines’ most trusted and admired digital solutions group, fostering greater digital inclusion and empowering Filipinos to thrive in a connected world.