Verizon Communications Inc. (BIT:1VZ)
43.64
+0.04 (0.09%)
At close: Mar 4, 2026
Verizon Communications Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | 2020 - 2016 |
|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | 2020 - 2016 |
| Revenue | 138,191 | 134,788 | 133,974 | 136,835 | 133,613 | Upgrade
|
| Revenue Growth (YoY) | 2.53% | 0.61% | -2.09% | 2.41% | 4.15% | Upgrade
|
| Cost of Revenue | 56,560 | 53,908 | 54,887 | 59,133 | 56,301 | Upgrade
|
| Gross Profit | 81,631 | 80,880 | 79,087 | 77,702 | 77,312 | Upgrade
|
| Selling, General & Admin | 31,634 | 32,089 | 31,277 | 29,832 | 24,441 | Upgrade
|
| Operating Expenses | 49,983 | 49,981 | 48,901 | 46,931 | 40,647 | Upgrade
|
| Operating Income | 31,648 | 30,899 | 30,186 | 30,771 | 36,665 | Upgrade
|
| Interest Expense | -6,694 | -6,649 | -5,524 | -3,613 | -3,485 | Upgrade
|
| Interest & Investment Income | 329 | 336 | 354 | 146 | 48 | Upgrade
|
| Earnings From Equity Investments | - | -53 | -53 | 44 | 145 | Upgrade
|
| Currency Exchange Gain (Loss) | 75 | -50 | - | - | - | Upgrade
|
| Other Non Operating Income (Expenses) | -224 | -208 | -975 | 2,304 | 20 | Upgrade
|
| EBT Excluding Unusual Items | 25,134 | 24,275 | 23,988 | 29,652 | 33,393 | Upgrade
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| Merger & Restructuring Charges | -2,389 | -2,107 | -1,368 | -304 | -209 | Upgrade
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| Impairment of Goodwill | - | - | -5,841 | - | - | Upgrade
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| Legal Settlements | - | -106 | -100 | - | - | Upgrade
|
| Other Unusual Items | -73 | 917 | 308 | -1,077 | -3,764 | Upgrade
|
| Pretax Income | 22,672 | 22,979 | 16,987 | 28,271 | 29,420 | Upgrade
|
| Income Tax Expense | 5,064 | 5,030 | 4,892 | 6,523 | 6,802 | Upgrade
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| Earnings From Continuing Operations | 17,608 | 17,949 | 12,095 | 21,748 | 22,618 | Upgrade
|
| Minority Interest in Earnings | -434 | -443 | -481 | -492 | -553 | Upgrade
|
| Net Income | 17,174 | 17,506 | 11,614 | 21,256 | 22,065 | Upgrade
|
| Net Income to Common | 17,174 | 17,506 | 11,614 | 21,256 | 22,065 | Upgrade
|
| Net Income Growth | -1.90% | 50.73% | -45.36% | -3.67% | 23.95% | Upgrade
|
| Shares Outstanding (Basic) | 4,226 | 4,218 | 4,211 | 4,202 | 4,148 | Upgrade
|
| Shares Outstanding (Diluted) | 4,231 | 4,223 | 4,215 | 4,204 | 4,150 | Upgrade
|
| Shares Change (YoY) | 0.19% | 0.19% | 0.26% | 1.30% | 0.19% | Upgrade
|
| EPS (Basic) | 4.06 | 4.15 | 2.76 | 5.06 | 5.32 | Upgrade
|
| EPS (Diluted) | 4.06 | 4.14 | 2.75 | 5.06 | 5.32 | Upgrade
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| EPS Growth | -1.93% | 50.54% | -45.64% | -4.90% | 23.71% | Upgrade
|
| Free Cash Flow | 20,126 | 19,822 | 18,708 | 14,054 | 19,253 | Upgrade
|
| Free Cash Flow Per Share | 4.76 | 4.69 | 4.44 | 3.34 | 4.64 | Upgrade
|
| Dividend Per Share | 2.735 | 2.685 | 2.635 | 2.585 | 2.535 | Upgrade
|
| Dividend Growth | 1.86% | 1.90% | 1.93% | 1.97% | 2.01% | Upgrade
|
| Gross Margin | 59.07% | 60.00% | 59.03% | 56.78% | 57.86% | Upgrade
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| Operating Margin | 22.90% | 22.92% | 22.53% | 22.49% | 27.44% | Upgrade
|
| Profit Margin | 12.43% | 12.99% | 8.67% | 15.53% | 16.51% | Upgrade
|
| Free Cash Flow Margin | 14.56% | 14.71% | 13.96% | 10.27% | 14.41% | Upgrade
|
| EBITDA | 49,997 | 48,791 | 47,810 | 47,870 | 52,871 | Upgrade
|
| EBITDA Margin | 36.18% | 36.20% | 35.69% | 34.98% | 39.57% | Upgrade
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| D&A For EBITDA | 18,349 | 17,892 | 17,624 | 17,099 | 16,206 | Upgrade
|
| EBIT | 31,648 | 30,899 | 30,186 | 30,771 | 36,665 | Upgrade
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| EBIT Margin | 22.90% | 22.92% | 22.53% | 22.49% | 27.44% | Upgrade
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| Effective Tax Rate | 22.34% | 21.89% | 28.80% | 23.07% | 23.12% | Upgrade
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| Revenue as Reported | 138,191 | 134,788 | 133,974 | 136,835 | 133,613 | Upgrade
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| Advertising Expenses | 3,832 | 3,976 | 3,847 | 3,556 | 3,394 | Upgrade
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Source: S&P Capital IQ. Standard template. Financial Sources.