Verizon Communications Inc. (VZ)
NYSE: VZ · Real-Time Price · USD
44.52
+4.71 (11.83%)
At close: Jan 30, 2026, 4:00 PM EST
44.04
-0.48 (-1.08%)
After-hours: Jan 30, 2026, 7:59 PM EST
Verizon 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 | 2016 - 2020 |
|---|---|---|---|---|---|---|
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 | 2016 - 2020 |
| 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 | 56,765 | 53,908 | 54,805 | 59,133 | 56,301 | Upgrade |
Gross Profit | 81,426 | 80,880 | 79,169 | 77,702 | 77,312 | Upgrade |
Selling, General & Admin | 33,818 | 32,089 | 31,299 | 29,832 | 24,441 | Upgrade |
Operating Expenses | 52,167 | 49,981 | 48,902 | 46,931 | 40,647 | Upgrade |
Operating Income | 29,259 | 30,899 | 30,267 | 30,771 | 36,665 | Upgrade |
Interest Expense | -6,694 | -6,649 | -5,524 | -3,613 | -3,485 | Upgrade |
Interest & Investment Income | - | 336 | 354 | 146 | 48 | Upgrade |
Earnings From Equity Investments | - | -53 | -53 | 44 | 145 | Upgrade |
Currency Exchange Gain (Loss) | - | -50 | 25 | - | - | Upgrade |
Other Non Operating Income (Expenses) | 2,263 | -208 | -62 | 2,304 | 20 | Upgrade |
EBT Excluding Unusual Items | 24,828 | 24,275 | 25,007 | 29,652 | 33,393 | Upgrade |
Merger & Restructuring Charges | - | -2,107 | -1,368 | -304 | -209 | Upgrade |
Impairment of Goodwill | - | - | -5,868 | - | - | Upgrade |
Legal Settlements | - | -106 | -100 | - | - | Upgrade |
Other Unusual Items | -2,156 | 917 | -684 | -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 |
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 |
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 | 58.92% | 60.00% | 59.09% | 56.78% | 57.86% | Upgrade |
Operating Margin | 21.17% | 22.92% | 22.59% | 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 | 47,608 | 48,791 | 47,870 | 47,870 | 52,871 | Upgrade |
EBITDA Margin | 34.45% | 36.20% | 35.73% | 34.98% | 39.57% | Upgrade |
D&A For EBITDA | 18,349 | 17,892 | 17,603 | 17,099 | 16,206 | Upgrade |
EBIT | 29,259 | 30,899 | 30,267 | 30,771 | 36,665 | Upgrade |
EBIT Margin | 21.17% | 22.92% | 22.59% | 22.49% | 27.44% | Upgrade |
Effective Tax Rate | 22.34% | 21.89% | 28.80% | 23.07% | 23.12% | Upgrade |
Revenue as Reported | 138,191 | 134,788 | 133,974 | 136,835 | 133,613 | Upgrade |
Advertising Expenses | - | 3,976 | 3,847 | 3,556 | 3,394 | Upgrade |
Updated Jan 30, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.