Bezeq
Bezeq The Israel Telecommunication Corp. Based in Holon.
Bezeq: net income sharply down (−26.2%), sales stable (−0.2%), operating income sharply down (−22.5%).
- Net income sharply downFirst nine months 2026
Net income: ₪867M, vs. ₪1,175M a year earlier, i.e. −26.2%.
- Sales stableFirst nine months 2026
Revenue: ₪6,505M, vs. ₪6,516M a year earlier, i.e. −0.2%.
- Operating income sharply downFirst nine months 2026
Operating income: ₪1,308M, vs. ₪1,688M a year earlier, i.e. −22.5%.
- Cash flow stableFirst nine months 2026
Operating cash flow: ₪2,432M, vs. ₪2,430M a year earlier, i.e. +0.1%.
How the share reacted to the results
Results published on 12/11/2026 (report published on Maya). The reaction will be measured at the next close, from the closing price of 11/11/2026 (₪7.2). This box will be completed at the next update.
What the market pays, vs. the sector
This company's valuation multiples history is being built day by day from now on.
P/E calculated on net income (trailing 12 months: last fiscal year + 2026 year-to-date − same period a year earlier). Sector median: companies in the Consumer and services group tracked here. Prices: Yahoo Finance; market cap cross-checked with the Tel Aviv Stock Exchange for Israeli stocks. These ratios describe a price, not a value: none of them says whether the share is expensive or cheap.
Dividend per share, over 5 years
Total dividends per share paid each calendar year (4 year(s) out of 5 with a payment). Source: Yahoo Finance. The current year is not complete.
Trades by executives and interested parties
17 filing(s) over 12 months · on shares: 0 increase(s) and 3 decrease(s) in holdings.
| Date | Holder | Security | Direction | Quantity | Price | |
|---|---|---|---|---|---|---|
| 28/10/2026 | Erez Hasdai Executive | Options | Up | 350,000 | — | Maya › |
| 03/09/2026 | Tali Tuval Executive | Options | Down | 113,076 | — | Maya › |
| 12/05/2026 | Meni Baruch Executive | Options | Up | 1,153,200 | — | Maya › |
| 19/03/2026 | Eyal Kamil Executive | Options | Down | 54,166 | — | Maya › |
| 17/03/2026 | Raved Tomer Director | Shares | Down | 1,280,800 | ₪8.21 | Maya › |
| 15/03/2026 | Eyal Kamil Executive | Options | Down | 54,167 | — | Maya › |
| 11/03/2026 | Yohai Benita Executive | Options | Down | 169,224 | — | Maya › |
| 10/03/2026 | Raved Tomer Director | Options | Down | 2,690,532 | — | Maya › |
| 28/01/2026 | Raved Tomer Director | Options | Up | 4,399,907 | — | Maya › |
| 22/01/2026 | Tali Poleg Executive | Options | Up | 60,492 | — | Maya › |
| 31/12/2025 | Daniel Shimoni Executive | Shares | Down | 11,800 | ₪7.04 | Maya › |
| 25/12/2025 | Amit Kurland Executive | Options | Down | 10,000 | — | Maya › |
Filings submitted on Maya (executives, directors, shareholders above 5%). An increase or decrease in holdings may come from a purchase or sale on the exchange, but also from a grant or exercise of options (price "—": grant with no price). Bonds excluded. For details, see the filing on Maya.
P/E ranking
Bezeq is 3e Out of 4: a P/E in the middle of the group.
- 1
Tel Aviv Stock Exchange (TASE)44.7 - 2
Strauss Group21.9 - 3Bezeq17.3
- 4
Shufersal13.4
P/E = market cap / net income over the last 12 months: how many years of earnings the market pays today. From highest to lowest; group median: 19.6. A high or low P/E alone does not say whether a share is expensive.
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Financial summary
| 9 months 2026 | 9 months 2025 | FY 2025 | |
|---|---|---|---|
| Total assets | 14,802 | 15,785 | 15,938 |
| Current assets | 3,244 | 4,670 | 4,582 |
| Non-current assets | 11,558 | 11,115 | 11,356 |
| Equity | 2,610 | 2,709 | 2,955 |
| of which minority interests | 2 | 2 | 2 |
| Current liabilities | 3,875 | 5,162 | 4,034 |
| Non-current liabilities | 8,317 | 7,914 | 8,949 |
| Revenue | 6,505 | 6,516 | 8,702 |
| Gross profit | 3,659 | 3,901 | 5,156 |
| Operating income | 1,308 | 1,688 | 2,017 |
| Pre-tax income | 1,102 | 1,414 | 1,691 |
| Net income | 867 | 1,175 | 1,417 |
| Net income (attributable to shareholders) | 867 | 1,175 | 1,417 |
| Dividends paid | −964 | −975 | −975 |
| Operating cash flow | 2,432 | 2,430 | 3,262 |
In millions of shekels. The "H1" columns cover the first six months of the year.
Calculated from these figures
| 9 months 2026 | 9 months 2025 | FY 2025 | |
|---|---|---|---|
| Gross margin | 56.2% | 59.9% | 59.3% |
| Operating margin | 20.1% | 25.9% | 23.2% |
| Net margin | 13.3% | 18.0% | 16.3% |
| Current ratio (current assets / current liabilities) | 0,8 x | 0,9 x | 1,1 x |
| Equity / total assets | 17.6% | 17.2% | 18.5% |
The 5-year history, charts and cross-check models are coming for companies listed only in Tel Aviv: each new filing on Maya is kept and enriches the page.
Company overview
Bezeq The Israel Telecommunication Corp. Ltd provides communications services to business and private customers in Israel. The company operates through Domestic Fixed Communications; Cellular Communications; Internet Services, International Communication, and ICT Solutions for Businesses; and Television and communication segments. The company offers telephony services, including basic telephony services on the home telephone line; ancillary services, such as voice mail and caller ID; national numbering services; and internet access infrastructure services. It also provides data transmission and communication services; cloud and digital services; wholesale services; and other services, including broadcasting services, and contractor services, as well as sell end equipment and devices.
Source: official company profile (Yahoo Finance), summary. Website: www.bezeq.co.il
- Maya, Tel Aviv Stock Exchange: company page and reports