Revenue growth, net profit surge and the completion of the turnaround at yes: Bezeq wraps up a strong quarter
Bezeq reported strong results for the third quarter of 2026: revenues of 2.2 billion shekels, a 44% jump in comparative net profit to 372 million shekels, and EBITDA of over 1 billion shekels. yes recorded an 8-year revenue high and turned profitable. The company reaffirms its annual forecast.
Bezeq telecommunications group published its results for the third quarter of 2026, showing broad growth across all core activities. Revenues grew by 1.2% to approximately 2.2 billion shekels, and comparative net profit surged 44% to 372 million shekels. Comparative EBITDA crossed the 1 billion shekel threshold for the first time in a quarter, with 8% growth. In the fixed-line activity, core revenues rose 1.4% to 1 billion shekels, and net profit jumped 32% to 283 million shekels. Pelephone recorded a 1.5% increase in revenues to 525 million shekels, and net profit of 44 million shekels. yes recorded 15% revenue growth to 370 million shekels and turned to a profit of 36 million shekels. Bezeq CEO Nir David noted that 3 million calls were answered by AI agents. Chairman Tomer Raabad reported the acquisition of wecom and the establishment of a server farm. The company reaffirms its annual forecast of revenues of 3.8-3.85 billion shekels and comparative net profit of 1.15-1.2 billion shekels.