Verizon Communications Inc. (BIT:1VZ)
Italy flag Italy · Delayed Price · Currency is EUR
43.64
+0.04 (0.09%)
At close: Mar 4, 2026

Verizon Communications Income Statement

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 '24 Dec '23 Dec '22 Dec '21 2020 - 2016
Revenue
138,191134,788133,974136,835133,613
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Revenue Growth (YoY)
2.53%0.61%-2.09%2.41%4.15%
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Cost of Revenue
56,56053,90854,88759,13356,301
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Gross Profit
81,63180,88079,08777,70277,312
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Selling, General & Admin
31,63432,08931,27729,83224,441
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Operating Expenses
49,98349,98148,90146,93140,647
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Operating Income
31,64830,89930,18630,77136,665
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Interest Expense
-6,694-6,649-5,524-3,613-3,485
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Interest & Investment Income
32933635414648
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Earnings From Equity Investments
--53-5344145
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Currency Exchange Gain (Loss)
75-50---
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Other Non Operating Income (Expenses)
-224-208-9752,30420
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EBT Excluding Unusual Items
25,13424,27523,98829,65233,393
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Merger & Restructuring Charges
-2,389-2,107-1,368-304-209
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Impairment of Goodwill
---5,841--
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Legal Settlements
--106-100--
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Other Unusual Items
-73917308-1,077-3,764
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Pretax Income
22,67222,97916,98728,27129,420
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Income Tax Expense
5,0645,0304,8926,5236,802
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Earnings From Continuing Operations
17,60817,94912,09521,74822,618
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Minority Interest in Earnings
-434-443-481-492-553
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Net Income
17,17417,50611,61421,25622,065
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Net Income to Common
17,17417,50611,61421,25622,065
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Net Income Growth
-1.90%50.73%-45.36%-3.67%23.95%
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Shares Outstanding (Basic)
4,2264,2184,2114,2024,148
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Shares Outstanding (Diluted)
4,2314,2234,2154,2044,150
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Shares Change (YoY)
0.19%0.19%0.26%1.30%0.19%
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EPS (Basic)
4.064.152.765.065.32
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EPS (Diluted)
4.064.142.755.065.32
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EPS Growth
-1.93%50.54%-45.64%-4.90%23.71%
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Free Cash Flow
20,12619,82218,70814,05419,253
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Free Cash Flow Per Share
4.764.694.443.344.64
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Dividend Per Share
2.7352.6852.6352.5852.535
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Dividend Growth
1.86%1.90%1.93%1.97%2.01%
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Gross Margin
59.07%60.00%59.03%56.78%57.86%
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Operating Margin
22.90%22.92%22.53%22.49%27.44%
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Profit Margin
12.43%12.99%8.67%15.53%16.51%
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Free Cash Flow Margin
14.56%14.71%13.96%10.27%14.41%
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EBITDA
49,99748,79147,81047,87052,871
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EBITDA Margin
36.18%36.20%35.69%34.98%39.57%
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D&A For EBITDA
18,34917,89217,62417,09916,206
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EBIT
31,64830,89930,18630,77136,665
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EBIT Margin
22.90%22.92%22.53%22.49%27.44%
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Effective Tax Rate
22.34%21.89%28.80%23.07%23.12%
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Revenue as Reported
138,191134,788133,974136,835133,613
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Advertising Expenses
3,8323,9763,8473,5563,394
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Source: S&P Capital IQ. Standard template. Financial Sources.