Private company

Vivendi

Logo: Vivendi, Public domain, via Wikimedia Commons⁴

French investment company

Vivendi SE (stylized in all lowercase) is a French investment company headquartered in Paris. It wholly owns Gameloft as well as investments in companies, primarily involved in content, entertainment, media, and telecommunications.³ From Wikipedia, CC BY-SA 4.0

Last updated Oct 16, 2026.

Overview

6.2BNet income, fiscal 2025⁵

Dec 18, 1987Founded¹

Tickeron Euronext Paris¹
Industryactivities of head offices¹
HeadquartersParis¹
Websitewww.vivendi.com
Legal formSA à directoire (s.a.i.), société européenne¹
Listed onEuronext Paris (VIV), Italian Stock Exchange¹
Business address42 Avenue De Friedland, Paris, I0 75008⁶

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

9.0%Return on equity⁵

$11.3BFree cash flow⁵

Financial statements

Gross profit⁸⁹¹⁰¹¹¹²⁵$26.7B in 2025+19% since 2018

Operating income⁸⁹¹⁰¹¹¹²⁵$9.9B in 2025+4% since 2018

Net income⁸⁹¹⁰¹¹¹²⁵$6.2B in 2025−31% since 2018

Every line of the income statement in the latest annual report, as filed.⁵

Period ending	2025-12-31	2024-12-31	2023-12-31
Net operating revenue	59.6B BRL	55.8B BRL	52.1B BRL
Cost of sales	-32.9B BRL	-31.4B BRL	-29.4B BRL
Gross profit	26.7B BRL	24.5B BRL	22.7B BRL
Operating (Expenses) income	-16.8B BRL	-15.8B BRL	-14.8B BRL
Selling expenses	-13.3B BRL	-13.0B BRL	-12.4B BRL
General and administrative expenses	-3.8B BRL	-3.2B BRL	-3.0B BRL
Other operating income (expense)	-327.6M BRL	-343.8M BRL	-640.3M BRL
Equity	18.2M BRL	4.4M BRL	10.7M BRL
Profit (loss) from operating activities	9.9B BRL	8.7B BRL	7.9B BRL
Financial income (expenses), net	-2.6B BRL	-1.9B BRL	-2.3B BRL
Income before taxes	7.3B BRL	6.8B BRL	5.6B BRL
Income and social contribution taxes	-1.1B BRL	-1.2B BRL	-533.9M BRL
Net income for the year	6.2B BRL	5.6B BRL	5.0B BRL
Controlling shareholders	6.2B BRL	5.5B BRL	5.0B BRL
Non-controlling shareholders	9.6M BRL	9.4M BRL	10.6M BRL
Basic and diluted earnings per common share (in R$)	1.91 BRL	1.69 BRL	1.52 BRL

Total assets¹³⁸⁹¹⁰¹¹¹²⁵$128.1B in 2025+25% since 2018

Total liabilities¹³⁸⁹¹⁰¹¹¹²⁵$59.1B in 2025+91% since 2018

Shareholders’ equity⁹¹⁰¹¹¹²⁵$69.0B in 2025−4% since 2018

Cash⁹¹⁰¹¹¹²⁵$7.0B in 2025+108% since 2018

Every line of the balance sheet in the latest annual report, as filed.⁵

Period ending	2025-12-31	2024-12-31	2024-01-31
Current assets	25.2B BRL	22.8B BRL
Cash and cash equivalents	7.0B BRL	6.7B BRL
Financial investments	99.1M BRL	0 BRL
Trade accounts receivable	10.6B BRL	9.5B BRL
Inventories	1.5B BRL	1.1B BRL
Prepaid expenses	2.4B BRL	1.9B BRL
Income and social contribution taxes recoverable	356.3M BRL	852.7M BRL
Taxes, charges and contributions recoverable	2.7B BRL	2.3B BRL
Judicial deposits and garnishments	107.6M BRL	151.0M BRL
Derivative financial instruments	7.7M BRL	15.5M BRL
Other assets	419.3M BRL	360.1M BRL
Non-current assets	102.9B BRL	102.1B BRL
Long-term assets	7.1B BRL	6.5B BRL
Financial investments	41.3M BRL	42.6M BRL
Trade accounts receivable	283.5M BRL	370.1M BRL
Prepaid expenses	2.5B BRL	2.1B BRL
Deferred taxes	314.3M BRL	158.2M BRL
Taxes, charges and contributions recoverable	618.9M BRL	606.3M BRL
Judicial deposits and garnishments	2.9B BRL	2.9B BRL
Derivative financial instruments	8.6M BRL	1.8M BRL
Other assets	485.9M BRL	368.8M BRL
Investments	420.9M BRL	566.4M BRL
Property, plant and equipment	47.4B BRL	46.8B BRL
Intangible assets	48.0B BRL	48.3B BRL
TOTAL ASSETS	128.1B BRL	124.9B BRL
Current liabilities	25.2B BRL	24.3B BRL
Personnel, social charges and benefits	1.3B BRL	1.2B BRL
Trade accounts payable	9.9B BRL	9.2B BRL
Income and social contribution taxes payable	130.9M BRL	9.9M BRL
Taxes, charges and contributions payable	1.5B BRL	1.6B BRL
Dividends and interest on equity	2.8B BRL	2.2B BRL
Provisions and contingencies	1.6B BRL	1.8B BRL
Deferred income	1.1B BRL	1.0B BRL
Loans, financing, debentures and leases	5.3B BRL	6.4B BRL
Derivative financial instruments	53.0M BRL	866.0K BRL
Other liabilities	1.5B BRL	717.0M BRL
Non-current liabilities	33.8B BRL	30.9B BRL
Personnel, social charges and benefits	113.2M BRL	75.5M BRL
Income and social contribution taxes payable	261.4M BRL	215.4M BRL
Taxes, charges and contributions payable	6.6B BRL	5.1B BRL
Deferred taxes	4.2B BRL	4.0B BRL
Provisions and contingencies	5.6B BRL	5.4B BRL
Loans, financing, debentures and leases	15.0B BRL	14.3B BRL
Deferred income	226.4M BRL	126.9M BRL
Derivative financial instruments	43.9M BRL	10.4M BRL
Other liabilities	1.7B BRL	1.6B BRL
TOTAL LIABILITIES	59.1B BRL	55.1B BRL
Equity	68.7B BRL	69.7B BRL
Capital	60.1B BRL	62.1B BRL	62.1B BRL
Capital reserves	-110.1M BRL	63.1M BRL
Balance of legal reserves	8.7B BRL	7.5B BRL
Equity valuation adjustment	25.1M BRL	71.9M BRL
Non-controlling shareholders	281.0M BRL	69.9M BRL
TOTAL EQUITY	69.0B BRL	69.8B BRL
TOTAL LIABILITIES AND EQUITY	128.1B BRL	124.9B BRL

Cash from operations⁸⁹¹⁰¹¹¹²⁵$20.7B in 2025+73% since 2018

Capital spending⁸⁹¹⁰¹¹¹²⁵$9.5B in 2025+11% since 2018

Free cash flow⁸⁹¹⁰¹¹¹²⁵$11.3B in 2025+229% since 2018

Every line of the cash flow in the latest annual report, as filed.⁵

Period ending	2025-12-31	2024-12-31	2023-12-31
Income before taxes	7.3B BRL	6.8B BRL	5.6B BRL
Depreciation and amortization	14.9B BRL	14.2B BRL	13.4B BRL
Foreign exchange on loans and derivative financial instruments	102.0M BRL	-66.3M BRL	57.8M BRL
Indexation accruals on assets and liabilities	570.0M BRL	-61.3M BRL	583.9M BRL
Equity	18.2M BRL	4.4M BRL	10.7M BRL
Losses (gains) on write-off/sale of assets	-594.2M BRL	-405.1M BRL	-403.3M BRL
Impairment losses - trade accounts receivable	1.6B BRL	1.5B BRL	1.4B BRL
Change in liability provision	167.7M BRL	93.0M BRL	24.3M BRL
Pension plans and other post-retirement benefits	-40.0M BRL	84.4M BRL	66.7M BRL
Provisions for tax, civil, labor and regulatory contingencies	731.9M BRL	321.9M BRL	661.7M BRL
Interest expense	2.3B BRL	2.1B BRL	2.1B BRL
Partial debt reversal through post-closing price adjustment - Garliava Acquisition	0 BRL	0 BRL	-244.2M BRL
Reversals of provisions for fines for canceling leases and dismantling contracts	-22.6M BRL	-15.9M BRL	-340.0M BRL
Adjustments for the reversal of provisions for customer refunds	-90.7M BRL	0 BRL	0 BRL
Adjustments for gains (losses) on the revaluation of equity interests in the acquisition of control and other investment gains	-134.9M BRL	0 BRL	0 BRL
Other	68.0M BRL	43.1M BRL	28.9M BRL
Trade accounts receivable	-2.4B BRL	-1.7B BRL	-1.9B BRL
Inventories	-423.2M BRL	-311.2M BRL	-100.8M BRL
Taxes recoverable	-797.3M BRL	-444.7M BRL	-376.3M BRL
Prepaid expenses	-924.2M BRL	-1.1B BRL	-473.3M BRL
Other assets	33.8M BRL	160.7M BRL	61.6M BRL
Personnel, social charges and benefits	38.9M BRL	24.5M BRL	169.5M BRL
Trade accounts payable	507.9M BRL	1.1B BRL	800.2M BRL
Taxes, charges and contributions	1.9B BRL	888.5M BRL	2.4B BRL
Write-offs for payments of provision for legal demands, contingent liabilities, fines for canceling lease contracts and amounts to be refunded to customers	-988.2M BRL	-861.3M BRL	-1.7B BRL
Other liabilities	125.9M BRL	348.4M BRL	60.1M BRL
Total adjustments	16.7B BRL	16.1B BRL	16.2B BRL
Cash generated from operations	23.9B BRL	22.8B BRL	21.7B BRL
Interest paid	-2.3B BRL	-2.1B BRL	-2.1B BRL
Income and social contribution taxes paid	-896.2M BRL	-862.1M BRL	-901.7M BRL
Net cash generated by operating activities	20.7B BRL	19.9B BRL	18.8B BRL
Additions to PP&E, intangible assets and others	-9.5B BRL	-9.3B BRL	-8.8B BRL
Proceeds from sale of PP&E	436.5M BRL	376.6M BRL	434.4M BRL
Payment for acquisition of investments and capital contribution in subsidiary	-1.1B BRL	-168.5M BRL	-63.8M BRL
Receipts (payments), net of judicial deposits	157.0M BRL	45.5M BRL	393.6M BRL
Net payments of receipts from financial investments	-88.7M BRL	-5.3M BRL	0 BRL
Receipt of dividends and interest on equity	0 BRL	51.0K BRL	0 BRL
Cash received from sale of investments	0 BRL	161.1M BRL	196.1M BRL
Net cash used in investing activities	-10.0B BRL	-8.9B BRL	-7.9B BRL
Additions from loans and debentures	20.0M BRL	83.1M BRL	30.0M BRL
Payments of loans, financing, debentures, leases, 5G licenses and contingent liabilities	-5.2B BRL	-3.5B BRL	-4.5B BRL
Receipts - derivative financial instruments	48.3M BRL	105.2M BRL	27.5M BRL
Payments - derivative financial instruments	-135.6M BRL	-50.9M BRL	-135.2M BRL
Payment for acquisitions of shares for treasury	-1.7B BRL	-1.3B BRL	-488.8M BRL
Dividend and interest on equity paid	-2.2B BRL	-2.5B BRL	-3.8B BRL
Capital subscriptions made by noncontrolling shareholders in subsidiaries	1.8M BRL	21.9M BRL	511.0K BRL
Payments to shareholders for reduction of share capital	-1.9B BRL	-1.5B BRL	0 BRL
Receipts from reverse stock split and stock split	949.4M BRL	0 BRL	0 BRL
Payments for reverse stock split and stock split	-124.6M BRL	0 BRL	0 BRL
Payments of costs related to reverse stock split and stock split operations	-4.4M BRL	0 BRL	0 BRL
Net cash used in financing activities	-10.4B BRL	-8.6B BRL	-8.9B BRL
Increase (decrease) in cash and cash equivalents	341.2M BRL	2.3B BRL	2.1B BRL

Compare Vivendi with another company

The story

Founded by Napoleon III on Dec 18, 1987.¹

Leadership

Who has led Vivendi, and when. Pick a name to see everywhere that person has worked.

FounderNapoleon III¹
Chief executive officerArnaud de Puyfontaine¹
Chief executive officerYannick Bolloré¹

Board members and other officers (1)

Board memberLaurent Dassault¹

Subsidiaries and ownership

Owners

Bolloré 29.5%
Société Générale 5.2%
employee 2.9%
Caisse des Dépôts et Consignations 2.1% since Mar 12, 2022

Subsidiaries

Canal+ S.A.
Coktel Vision
Dailymotion
Gameloft
Havas
Vivendi Village
Universal Music Group since 2000
UAV Corporation since 2006
Prisma Media since 2021

Also owns

Banijay Entertainment 31.4%
MFE - MediaForEurope 28.8%
TIM Group 23.9%
Banijay Group 19.8%
Lagardère Group 13.4%
Telefónica 0.9%
2 Entertain
Banijay Entertainment S.A.
Canal Digitaal
Canal+
Canal+
EMI
Gaiam Vivendi Entertainment
Good Machine

From Wikidata.¹

Acquisitions

2021Prisma Media became a subsidiary¹
2009Acquired GVT¹
Jul 9, 2008Acquired Activision Blizzard¹
2006Acquired UAV Corporation¹
Dec 9, 2000Acquired Canal+ S.A.¹
2000Universal Music Group became a subsidiary¹
1998Acquired George G. Harrap and Co.¹

Employees over time

Vivendi employees by year¹35.9K in 2021+59% since 2016

202135,911¹
202042,526¹
201944,641¹
201844,142¹
201741,743¹
201622,603¹

Former names

VIVENDI UNIVERSALNov 17, 2000 to Jul 18, 2006⁶

Timeline

Dec 18, 1987Founded Founded¹

Sources

The numbers on this page point here. Each one links to the record it came from.

1
WikidataVivendi on Wikidata
2
SEC EDGARVivendi filings on SEC EDGAR
3
WikipediaVivendi on Wikipedia
4
Wikimedia CommonsVivendi logo by Vivendi, Public domain
5
SEC EDGARVivendi 10-K for fiscal 2025
6
SEC EDGARVivendi filings on SEC EDGAR
7
Wikimedia CommonsVivendi photo by GKRafly7, CC BY-SA 4.0
8
SEC EDGARVivendi 10-K for fiscal 2018
9
SEC EDGARVivendi 10-K for fiscal 2019
10
SEC EDGARVivendi 10-K for fiscal 2020
11
SEC EDGARVivendi 10-K for fiscal 2021
12
SEC EDGARVivendi 10-K for fiscal 2022
13
SEC EDGARVivendi 10-K for fiscal 2018