VEON Ltd. (VEON)
NASDAQ: VEON · Real-Time Price · USD
51.98
-1.41 (-2.64%)
At close: Dec 1, 2025, 4:00 PM EST
51.99
+0.01 (0.02%)
After-hours: Dec 1, 2025, 6:03 PM EST
VEON Ltd. Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2015 - 2019 |
|---|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2015 - 2019 |
Operating Revenue | 4,093 | 3,871 | 3,595 | 3,628 | 3,725 | 3,377 | Upgrade |
Other Revenue | 133 | 133 | 103 | 127 | 125 | 105 | Upgrade |
| 4,226 | 4,004 | 3,698 | 3,755 | 3,850 | 3,482 | Upgrade | |
Revenue Growth (YoY) | 6.74% | 8.28% | -1.52% | -2.47% | 10.57% | -56.75% | Upgrade |
Cost of Revenue | 497 | 515 | 441 | 476 | 484 | 454 | Upgrade |
Gross Profit | 3,729 | 3,489 | 3,257 | 3,279 | 3,366 | 3,028 | Upgrade |
Selling, General & Admin | 1,783 | 1,731 | 1,572 | 1,503 | 1,476 | 1,382 | Upgrade |
Amortization of Goodwill & Intangibles | 219 | 199 | 208 | 221 | 194 | 177 | Upgrade |
Other Operating Expenses | 55 | 67 | 73 | 29 | 50 | 21 | Upgrade |
Operating Expenses | 2,619 | 2,526 | 2,380 | 2,310 | 2,325 | 2,133 | Upgrade |
Operating Income | 1,110 | 963 | 877 | 969 | 1,041 | 895 | Upgrade |
Interest Expense | -515 | -495 | -531 | -583 | -591 | -628 | Upgrade |
Interest & Investment Income | 51 | 49 | 60 | 32 | 13 | 19 | Upgrade |
Currency Exchange Gain (Loss) | -41 | 9 | 81 | 181 | -7 | 16 | Upgrade |
Other Non Operating Income (Expenses) | -164 | -6 | -7 | -20 | 19 | 49 | Upgrade |
EBT Excluding Unusual Items | 441 | 520 | 480 | 579 | 475 | 351 | Upgrade |
Gain (Loss) on Sale of Investments | 37 | 37 | 27 | 29 | 7 | 12 | Upgrade |
Gain (Loss) on Sale of Assets | 407 | 150 | 46 | 87 | 9 | -10 | Upgrade |
Asset Writedown | -7 | -3 | 6 | 107 | -27 | -62 | Upgrade |
Other Unusual Items | - | - | - | - | - | 82 | Upgrade |
Pretax Income | 878 | 704 | 559 | 802 | 464 | 373 | Upgrade |
Income Tax Expense | 186 | 217 | 179 | 69 | 344 | 279 | Upgrade |
Earnings From Continuing Operations | 692 | 487 | 380 | 733 | 120 | 94 | Upgrade |
Earnings From Discontinued Operations | - | - | -2,830 | -742 | 681 | -410 | Upgrade |
Net Income to Company | 692 | 487 | -2,450 | -9 | 801 | -316 | Upgrade |
Minority Interest in Earnings | -48 | -72 | -78 | -153 | -127 | -33 | Upgrade |
Net Income | 644 | 415 | -2,528 | -162 | 674 | -349 | Upgrade |
Net Income to Common | 644 | 415 | -2,528 | -162 | 674 | -349 | Upgrade |
Shares Outstanding (Basic) | 71 | 71 | 70 | 70 | 70 | 70 | Upgrade |
Shares Outstanding (Diluted) | 72 | 72 | 70 | 70 | 71 | 70 | Upgrade |
Shares Change (YoY) | 2.20% | 3.13% | -0.28% | -1.18% | 1.19% | 0.69% | Upgrade |
EPS (Basic) | 9.09 | 5.86 | -35.99 | -2.31 | 9.60 | -4.98 | Upgrade |
EPS (Diluted) | 8.91 | 5.75 | -36.04 | -2.31 | 9.60 | -5.00 | Upgrade |
Free Cash Flow | 595 | 523 | 1,580 | 1,923 | 1,939 | 1,893 | Upgrade |
Free Cash Flow Per Share | 8.21 | 7.22 | 22.49 | 27.30 | 27.20 | 26.87 | Upgrade |
Gross Margin | 88.24% | 87.14% | 88.08% | 87.32% | 87.43% | 86.96% | Upgrade |
Operating Margin | 26.27% | 24.05% | 23.72% | 25.81% | 27.04% | 25.70% | Upgrade |
Profit Margin | 15.24% | 10.37% | -68.36% | -4.31% | 17.51% | -10.02% | Upgrade |
Free Cash Flow Margin | 14.08% | 13.06% | 42.73% | 51.21% | 50.36% | 54.36% | Upgrade |
EBITDA | 1,676 | 1,476 | 1,393 | 1,640 | 1,840 | 1,625 | Upgrade |
EBITDA Margin | 39.66% | 36.86% | 37.67% | 43.68% | 47.79% | 46.67% | Upgrade |
D&A For EBITDA | 566 | 513 | 516 | 671 | 799 | 730 | Upgrade |
EBIT | 1,110 | 963 | 877 | 969 | 1,041 | 895 | Upgrade |
EBIT Margin | 26.27% | 24.05% | 23.71% | 25.80% | 27.04% | 25.70% | Upgrade |
Effective Tax Rate | 21.19% | 30.82% | 32.02% | 8.60% | 74.14% | 74.80% | Upgrade |
Revenue as Reported | 4,004 | 4,004 | 3,698 | 3,755 | 3,850 | 3,482 | Upgrade |
Updated Nov 10, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.