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Verizon Communications Inc. (VZ)
NYSE: VZ · Real-Time Price · USD
50.10
+0.67 (1.36%)
At close: Aug 28, 2026, 4:00 PM EDT
49.91
-0.19 (-0.38%)
After-hours: Aug 28, 2026, 7:59 PM EDT

Verizon Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Revenue
34,25334,44036,38133,82134,50433,48535,68133,33032,79632,98135,13033,33632,59632,91235,25134,24133,78933,55434,06732,915
Revenue Growth
-0.73%2.85%1.96%1.47%5.21%1.53%1.57%-0.02%0.61%0.21%-0.34%-2.64%-3.53%-1.91%3.48%4.03%0.07%2.09%-1.80%4.35%
Gross Profit
21,22720,76720,10820,47520,61920,42920,16720,27920,32520,10919,95619,95919,84619,40819,48919,64019,36919,20419,07119,387
Operating Income
7,8788,6747,6368,0948,0347,8847,8467,9777,4497,6277,2027,8437,6257,5977,6308,0227,7518,0958,0659,356
Net Income
3,8355,0452,3424,9505,0034,8795,0053,3064,5934,602-2,7054,7624,6484,9096,5774,9005,1994,5804,6136,407
Earnings Per Share
0.921.200.551.171.181.151.180.781.091.09-0.651.131.101.171.561.171.241.091.111.55
EPS Growth
-22.03%4.33%-53.32%50.00%8.29%5.50%--30.97%-0.94%-6.59%--3.10%-11.12%7.05%41.32%-24.61%-11.60%-13.94%-0.11%47.32%

Revenue by Segment
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Consumer
26,24226,45328,43626,10526,64825,61827,56025,36024,92725,05726,95425,25724,55824,85726,77025,84025,60425,29225,69723,328
Business
7,1557,1307,0776,8436,9737,0027,5047,3517,3007,3767,6187,5277,4837,4947,9007,8377,6267,7097,8107,689
Corporate and Other
9369366606599659446806856336116236186216176426276236186292,009
Eliminations
-80-79-81-85-82-79-63-66-64-63-65-66-66-56-61-63-64-65-69-111
Revenue (Total)
34,25334,44036,38133,82134,50433,48535,68133,33032,79632,98135,13033,33632,59632,91235,25134,24133,78933,55434,06732,915

Cash & Debt
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Cash & Investments
2,3498,91719,0488,0473,7622,2844,1945,0132,4872,4252,0654,3104,9202,3512,6052,1471,9791,7893,12710,153
Total Debt
193,646200,921184,814175,256174,741172,533171,695178,356178,330180,774178,597178,074182,302186,201180,263178,639179,176182,313178,942178,985
Net Cash (Debt)
-191,297-192,004-165,766-167,209-170,979-170,249-167,501-173,343-175,843-178,349-176,532-173,764-177,382-183,850-177,658-176,492-177,197-180,524-175,815-168,832
Net Cash Growth
--------------------
Net Cash Per Share
-45.86-45.61-39.13-39.50-40.44-40.29-39.63-41.03-41.66-42.27-41.89-41.22-42.10-43.66-42.23-41.98-42.17-42.96-42.17-40.74

Cash Flow & CapEx
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Operating Cash Flow
10,4357,9849,11411,2668,9757,78210,4329,9119,4857,0848,67710,7789,7318,2898,94210,53410,8446,8218,37710,724
Capital Expenditures
-4,009-4,201-4,748-4,310-3,808-4,145-5,071-3,948-3,695-4,376-4,603-4,094-4,112-5,958-7,276-5,320-4,670-5,821-6,425-5,145
Free Cash Flow
6,4263,7834,3666,9565,1673,6375,3615,9635,7902,7084,0746,6845,6192,3311,6665,2146,1741,0001,9525,579
Free Cash Flow Growth
24.37%4.01%-18.56%16.65%-10.76%34.31%31.59%-10.79%3.04%16.17%144.54%28.19%-8.99%133.10%-14.65%-6.54%-5.34%-80.77%-62.97%21.23%

Margins
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Gross Margin
61.97%60.30%55.27%60.54%59.76%61.01%56.52%60.84%61.97%60.97%56.81%59.87%60.88%58.97%55.29%57.36%57.32%57.23%55.98%58.90%
Operating Margin
23.00%25.19%20.99%23.93%23.28%23.54%21.99%23.93%22.71%23.13%20.50%23.53%23.39%23.08%21.64%23.43%22.94%24.13%23.67%28.43%
Pretax Margin
15.40%19.70%8.42%19.30%19.15%19.33%18.41%12.91%18.40%18.42%-5.17%18.57%18.75%19.75%25.00%19.04%20.29%18.13%18.04%25.44%
Profit Margin
11.20%14.65%6.44%14.64%14.50%14.57%14.03%9.92%14.01%13.95%-7.70%14.29%14.26%14.92%18.66%14.31%15.39%13.65%13.54%19.46%
FCF Margin
18.76%10.98%12.00%20.57%14.97%10.86%15.02%17.89%17.66%8.21%11.60%20.05%17.24%7.08%4.73%15.23%18.27%2.98%5.73%16.95%

Dividends
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Dividend Per Share
0.7080.7080.6900.6900.6770.6770.6770.6770.6650.6650.6650.6650.6520.6520.6520.6520.6400.6400.6400.640
Dividend Per Share Growth
4.43%4.43%1.85%1.85%1.88%1.88%1.88%1.88%1.92%1.92%1.92%1.92%1.95%1.95%1.95%1.95%1.99%1.99%1.99%1.99%
Dividend Yield
6.71%5.69%7.05%6.62%6.80%6.56%7.54%6.78%7.47%7.43%8.37%9.89%8.73%8.45%8.43%8.85%6.68%6.70%6.61%6.41%

Valuation
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
PE Ratio
10.9312.2110.009.3410.0310.749.6219.3015.4315.62-6.527.437.577.798.2710.259.999.8910.15
Forward PE
8.4510.218.669.239.199.728.539.658.949.158.296.908.018.317.937.359.289.349.7010.24
P/FCF Ratio
8.2110.448.538.779.069.208.4910.209.029.268.478.3610.5410.6211.7711.1214.4914.2111.339.91
PS Ratio
1.271.521.241.351.331.411.251.411.291.321.181.021.161.201.211.181.591.591.631.67