---
title: "KPN Q4 service revenues reach EUR 1.8 billion, wholesale service revenue up 3.9 percent"
description: "Koninklijke KPN NV reported Q4 2025 service revenues of EUR 1.8 billion, with full-year revenues reaching EUR 5.2 billion, up 2.7%. Adjusted EBITDA after leases was EUR 2.6 billion, a 5.1% increase. T"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/273943259.md"
published_at: "2026-01-28T06:30:32.000Z"
---

# KPN Q4 service revenues reach EUR 1.8 billion, wholesale service revenue up 3.9 percent

> Koninklijke KPN NV reported Q4 2025 service revenues of EUR 1.8 billion, with full-year revenues reaching EUR 5.2 billion, up 2.7%. Adjusted EBITDA after leases was EUR 2.6 billion, a 5.1% increase. The company plans a 10% dividend increase to EUR 0.20 per share and a EUR 250 million share buyback. KPN targets 2026 service revenue growth of 2% to 2.5% and free cash flow above EUR 950 million. The wholesale service revenue grew 3.9%, driven by international roaming. KPN expanded its fiber network significantly in FY25.

Koninklijke KPN NV reported its financial results for the fourth quarter (Q4) and full year (FY) 2025. FY25 group service revenues reached EUR 5.2 billion, up 2.7%. Adjusted EBITDA after leases (AL) was EUR 2.6 billion, rising 5.1%. Full-year free cash flow amounted to EUR 952 million. In Q4 2025, group service revenues increased 1.8%. Consumer service revenues rose 1.2% in the quarter, supported by an improving mobile service revenue trend. Business service revenues increased 2.3%, mainly driven by the SME segment. Wholesale service revenue grew 3.9%, mainly due to international sponsored roaming. KPN continued to expand its fiber network, adding 440,000 homes passed and 399,000 homes connected in FY25. The company recorded 12,000 broadband net adds in Q4 and a record 38,000 for the full year. Indirect costs were reduced by EUR 10 million year-on-year in 2025. For 2026, KPN targets service revenue growth between 2% and 2.5% year-on-year, adjusted EBITDA AL of approximately EUR 2.7 billion, capital expenditure of around EUR 1.25 billion, and free cash flow above EUR 950 million. KPN announced a 10% increase in dividend per share to EUR 0.20 and a new EUR 250 million share buyback, aiming to return all free cash flow to shareholders in 2026. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Koninklijke KPN NV published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW1001161539-en) on January 28, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.