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Verizon Communications Inc. (VZ)
NYSE: VZ · Real-Time Price · USD
45.03
+1.37 (3.14%)
Oct 30, 2026, 11:39 AM EDT - Market open

Verizon Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '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
Revenue
34,31334,25334,44036,38133,82134,50433,48535,68133,33032,79632,98135,13033,33632,59632,91235,25134,24133,78933,55434,067
Revenue Growth
1.46%-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%
Gross Profit
21,22521,22720,76720,10820,47520,61920,42920,16720,27920,32520,10919,95619,95919,84619,40819,48919,64019,36919,20419,071
Operating Income
8,6507,8788,6747,6368,0948,0347,8847,8467,9777,4497,6277,2027,8437,6257,5977,6308,0227,7518,0958,065
Net Income
5,1983,8355,0452,3424,9505,0034,8795,0053,3064,5934,602-2,7054,7624,6484,9096,5774,9005,1994,5804,613
Earnings Per Share
1.250.921.200.551.171.181.151.180.781.091.09-0.651.131.101.171.561.171.241.091.11
EPS Growth
6.84%-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%

Revenue by Segment
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '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
Consumer
26,43226,24226,45328,43626,10526,64825,61827,56025,36024,92725,05726,95425,25724,55824,85726,77025,84025,60425,29225,697
Business
7,0237,1557,1307,0776,8436,9737,0027,5047,3517,3007,3767,6187,5277,4837,4947,9007,8377,6267,7097,810
Corporate and Other
940936936660958965944680685633611623618621617642627623618629
Eliminations
-82-80-79-81-85-82-79-63-66-64-63-65-66-66-56-61-63-64-65-69
Revenue (Total)
34,31334,25334,44036,38133,82134,50433,48535,68133,33032,79632,98135,13033,33632,59632,91235,25134,24133,78933,55434,067

Cash & Debt
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '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
Cash & Investments
4,4952,3498,91719,0488,0473,7622,2844,1945,0132,4872,4252,0654,3104,9202,3512,6052,1471,9791,7893,127
Total Debt
188,968193,646200,921184,814175,256174,741172,533171,695178,356178,330180,774178,597178,074182,302186,201180,263178,639179,176182,313178,942
Net Cash (Debt)
-184,473-191,297-192,004-165,766-167,209-170,979-170,249-167,501-173,343-175,843-178,349-176,532-173,764-177,382-183,850-177,658-176,492-177,197-180,524-175,815
Net Cash Growth
--------------------
Net Cash Per Share
-44.33-45.86-45.61-39.13-39.50-40.44-40.29-39.63-41.03-41.66-42.27-41.89-41.22-42.10-43.66-42.23-41.98-42.17-42.96-42.17

Cash Flow & CapEx
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '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
Operating Cash Flow
11,51710,4357,9849,11411,2668,9757,78210,4329,9119,4857,0848,67710,7789,7318,2898,94210,53410,8446,8218,377
Capital Expenditures
-3,716-4,009-4,201-4,748-4,310-3,808-4,145-5,071-3,948-3,695-4,376-4,603-4,094-4,112-5,958-7,276-5,320-4,670-5,821-6,425
Free Cash Flow
7,8016,4263,7834,3666,9565,1673,6375,3615,9635,7902,7084,0746,6845,6192,3311,6665,2146,1741,0001,952
Free Cash Flow Growth
12.15%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%

Margins
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '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
Gross Margin
61.86%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%
Operating Margin
25.21%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%
Pretax Margin
19.87%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%
Profit Margin
15.15%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%
FCF Margin
22.73%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%

Dividends
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '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
Dividend Per Share
0.7080.7080.7080.6900.6900.6770.6770.6770.6770.6650.6650.6650.6650.6520.6520.6520.6520.6400.6400.640
Dividend Per Share Growth
2.54%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%
Dividend Yield
6.12%6.57%5.45%6.72%6.19%6.26%5.96%6.71%5.95%6.45%6.31%6.99%8.09%7.02%6.69%6.56%6.78%5.04%5.00%4.88%

Valuation
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '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
PE Ratio
11.6110.9312.2110.009.3410.0310.749.6219.3015.4315.62-6.527.437.577.798.2710.259.999.89
Forward PE
9.028.4510.218.669.239.199.728.539.658.949.158.296.908.018.317.937.359.289.349.70
P/FCF Ratio
8.528.2110.448.538.779.069.208.4910.209.029.268.478.3610.5410.6211.7711.1214.4914.2111.33
PS Ratio
1.371.271.521.241.351.331.411.251.411.291.321.181.021.161.201.211.181.591.591.63