The earnings call presented a mix of positive developments such as record fiber build, EBITDA growth, and increased dividends, alongside challenges including line losses and revenue declines in certain segments. The company remains confident about future cash flow inflection and strategic goals.

Company Guidance -

Q2 2026

In the call, BT Group provided comprehensive guidance for the upcoming fiscal years, highlighting several key metrics. They anticipate an EBITDA growth with an expected range of £8.2 billion to £8.3 billion for fiscal year 2026, despite revenue pressures. The company plans to accelerate its full fiber build to reach 23 million homes and businesses next year, with a long-term goal of 30 million by the end of the decade. They reported a £1.6 billion normalized free cash flow for fiscal year 2025 and are targeting £2 billion by fiscal year 2027 and £3 billion by 2030. BT Group also plans to increase its dividend to 8.16 pence per share, reflecting confidence in cash flow expansion. Capital expenditures are projected to peak at around £5 billion in fiscal year 2026, before reducing by more than £1 billion annually post-2026 as major infrastructure projects conclude. The company is committed to strategic investments, cost transformation, and leveraging AI for operational efficiency to drive future growth and shareholder value.

Full Fiber Build and Connections Record

BT broke records on full fiber build and connections, surpassing their original plan by reaching 18 million premises with a 4.3 million build in a year, and customer demand remained strong with 6.5 million connections.

EBITDA and Cash Flow Growth

Despite revenue pressure, BT delivered EBITDA growth and a better-than-expected GBP 1.6 billion of normalized free cash flow, driven by cost transformation and record investment levels.

Dividend Increase

Reflecting performance and confidence in cash flow expansion, BT increased their total dividend to 8.16p per share.

Customer Experience Improvements

BT saw NPS improvements across customer-facing divisions and met all Ofcom quality service standards, contributing to higher customer satisfaction.

Openreach Performance

Openreach delivered a record year in build, provisions, revenue, and EBITDA, with a full fiber footprint now reaching over half the UK.

BT Group plc (GB:BT.A) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

GB:BT.A Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 30, 2025	2026 (Q2)	0.04 / -	0.046	―	―	―
May 22, 2025	2025 (Q4)	0.04 / 0.04	0.001	3900.00% (+0.04)	―	―
Nov 07, 2024	2025 (Q2)	0.05 / 0.05	0.043	6.98% (<+0.01)	―	―
Aug 02, 2024	2025 (Q1)	0.04 / -	0.047	―	―	―
May 16, 2024	2024 (Q4)	0.04 / <0.01	0.087	-98.85% (-0.09)	―	―
Feb 01, 2024	2024 (Q3)	0.04 / -	0.049	―	―	―
Nov 02, 2023	2024 (Q2)	0.05 / 0.04	0.054	-20.37% (-0.01)	―	―
Jul 27, 2023	2024 (Q1)	0.04 / -	0.036	―	―	―
May 18, 2023	2023 (Q4)	0.07 / 0.09	0.046	89.13% (+0.04)	―	―
Feb 02, 2023	2023 (Q3)	0.05 / -	0.045	―	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

GB:BT.A Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 22, 2025	164.65p	170.59p	+3.61%
Nov 07, 2024	135.95p	131.07p	-3.59%
Aug 02, 2024	127.05p	126.68p	-0.29%
May 16, 2024	103.72p	121.55p	+17.19%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does BT Group plc (GB:BT.A) report earnings?

BT Group plc (GB:BT.A) is schdueled to report earning on Oct 30, 2025, Before Open (Confirmed).

What is BT Group plc (GB:BT.A) earnings time?

BT Group plc (GB:BT.A) earnings time is at Oct 30, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is the P/E ratio of BT Group plc stock?

The P/E ratio of BT Group plc is N/A.

What is GB:BT.A EPS forecast?

GB:BT.A EPS forecast for the fiscal quarter 2026 (Q2) is 0.04.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing