StarHub Ltd reported service revenue of 470.3 million Singapore dollars for the third quarter ended Sep, 30 2025, down 4.7 % from the prior-year period, according to a business performance update released on Nov, 14 2025. Total revenue declined 4.3 % year on year to 550.3 million Singapore dollars.

Third-quarter EBITDA fell 8.8 % to 105.9 million Singapore dollars, while net profit attributable to shareholders dropped 35.3 % to 26.2 million Singapore dollars. The service EBITDA margin narrowed to 20.6 % from 22.1 % a year earlier.

For the first nine months of 2025, service revenue edged up 0.4 % to 1.446 billion Singapore dollars, but EBITDA contracted 8.6 % to 309.2 million Singapore dollars. Net profit attributable to shareholders amounted to 74.1 million Singapore dollars, 39.6 % lower than the same period in 2024; excluding a one-off 14.1 million Singapore-dollar spectrum forfeiture payment, nine-month profit would have been 88.2 million Singapore dollars, down 25.0 % year on year.

Free cash flow reached 123.6 million Singapore dollars in the third quarter. As at Sep, 30 2025, the net-debt-to-EBITDA ratio stood at 1.88 times including spectrum payments, or 1.41 times when these payments are excluded.

Segmentally, consumer mobile service revenue decreased 10.1 % year on year in the third quarter, with average revenue per user at 22 Singapore dollars. Broadband revenue slipped 4.4 %, while entertainment revenue fell 4.3 %. In the enterprise division, managed services revenue declined 11.8 % during the quarter but grew 3.2 % for the nine-month period; cybersecurity services revenue rose 17.0 % to 263.7 million Singapore dollars over nine months.

StarHub said it remains focused on cost-optimisation initiatives, targeting about 60 million Singapore dollars of savings between fiscal 2026 and 2028 through legacy decommissioning, network automation, systems re-architecture and business simplification. The company reiterated its commitment to its dividend policy and to pursuing inorganic growth opportunities.