Verizon Communications Inc. (VZ)
NYSE: VZ · Real-Time Price · USD
48.19
+0.87 (1.84%)
At close: Jul 28, 2026, 4:00 PM EDT
48.07
-0.12 (-0.25%)
After-hours: Jul 28, 2026, 7:59 PM EDT
Verizon Financials Overview
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Revenue Revenue Growth | 34,253 | 34,440 | 36,381 | 33,821 | 34,504 | 33,485 | 35,681 | 33,330 | 32,796 | 32,981 | 35,130 | 33,336 | 32,596 | 32,912 | 35,251 | 34,241 | 33,789 | 33,554 | 34,067 | 32,915 |
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 Gross Profit Growth | 21,169 | 20,767 | 19,903 | 20,475 | 20,619 | 20,429 | 20,167 | 20,090 | 20,325 | 20,109 | 19,948 | 19,899 | 19,832 | 19,408 | 19,489 | 19,640 | 19,369 | 19,204 | 19,071 | 19,387 |
Operating Income Operating Income Growth | 7,179 | 8,242 | 5,004 | 8,105 | 8,172 | 7,978 | 7,421 | 5,926 | 7,818 | 7,521 | 600 | 7,473 | 7,220 | 7,584 | 7,225 | 7,894 | 7,552 | 7,796 | 7,608 | 8,905 |
Net Income Net Income Growth | 3,835 | 5,045 | 2,342 | 4,950 | 5,003 | 4,879 | 5,005 | 3,306 | 4,593 | 4,602 | -2,705 | 4,762 | 4,648 | 4,909 | 6,577 | 4,900 | 5,199 | 4,580 | 4,613 | 6,407 |
Earnings Per Share EPS Growth | 0.92 | 1.20 | 0.55 | 1.17 | 1.18 | 1.15 | 1.18 | 0.78 | 1.09 | 1.09 | -0.64 | 1.13 | 1.10 | 1.17 | 1.56 | 1.13 | 1.24 | 1.09 | 1.11 | 1.55 |
EPS Growth | -22.03% | 4.35% | -53.39% | 50.00% | 8.26% | 5.50% | - | -30.97% | -0.91% | -6.84% | - | 0% | -11.29% | 7.34% | 40.54% | -27.10% | -11.43% | -14.17% | 0% | 47.62% |
| Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Consumer Consumer Growth | 26,242 | 26,453 | 28,436 | 26,105 | 26,648 | 25,618 | 27,560 | 25,360 | 24,927 | 25,057 | 26,954 | 25,257 | 24,558 | 24,857 | 26,770 | 25,840 | 25,604 | 25,292 | 25,697 | 23,328 |
Business Business Growth | 7,155 | 7,130 | 7,077 | 6,843 | 6,973 | 7,002 | 7,504 | 7,351 | 7,300 | 7,376 | 7,618 | 7,527 | 7,483 | 7,494 | 7,900 | 7,837 | 7,626 | 7,709 | 7,810 | 7,689 |
Corporate and Other Corporate and Other Growth | - | 647 | 660 | 659 | 663 | 660 | 680 | 685 | 633 | 611 | 623 | 618 | 621 | 617 | 642 | 627 | 623 | 618 | 629 | 2,009 |
Eliminations Eliminations Growth | - | -79 | -81 | -85 | -82 | -79 | -63 | -66 | -64 | -63 | -65 | -66 | -66 | -56 | -61 | -63 | -64 | -65 | -69 | -111 |
Revenue (Total) Revenue (Total) Growth | 34,253 | 34,440 | 36,381 | 33,821 | 34,504 | 33,485 | 35,681 | 33,330 | 32,796 | 32,981 | 35,130 | 33,336 | 32,596 | 32,912 | 35,251 | 34,241 | 33,789 | 33,554 | 34,067 | 32,915 |
| Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Cash & Investments Cash & Investments Growth | 1,752 | 8,366 | 19,048 | 7,706 | 3,435 | 2,257 | 4,194 | 4,987 | 2,432 | 2,365 | 2,065 | 4,210 | 4,803 | 2,234 | 2,605 | 2,082 | 1,857 | 1,661 | 2,921 | 9,936 |
Total Debt Total Debt Growth | 188,458 | 195,872 | 181,643 | 170,452 | 169,891 | 167,714 | 168,357 | 174,200 | 172,980 | 175,634 | 174,942 | 172,070 | 177,654 | 178,333 | 176,331 | 174,043 | 175,566 | 180,161 | 177,930 | 178,088 |
Net Cash (Debt) Net Cash Growth | -186,706 | -187,506 | -162,595 | -162,746 | -166,456 | -165,457 | -164,163 | -169,213 | -170,548 | -173,269 | -172,877 | -167,860 | -172,851 | -176,099 | -173,726 | -171,961 | -173,709 | -178,500 | -175,009 | -168,152 |
Net Cash Growth | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -44.76 | -44.54 | -38.38 | -38.45 | -39.37 | -39.15 | -38.84 | -40.05 | -40.40 | -41.07 | -41.02 | -39.81 | -41.03 | -41.82 | -41.29 | -40.79 | -41.34 | -42.48 | -41.98 | -40.58 |
| Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Operating Cash Flow Operating Cash Flow Growth | 10,435 | 7,984 | 9,114 | 11,266 | 8,975 | 7,782 | 10,432 | 9,911 | 9,485 | 7,084 | 8,677 | 10,778 | 9,731 | 8,289 | 8,942 | 10,534 | 10,844 | 6,821 | 8,377 | 10,724 |
Capital Expenditures CapEx Growth | -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 Free Cash Flow Growth | 6,426 | 3,783 | 4,366 | 6,956 | 5,167 | 3,637 | 5,361 | 5,963 | 5,790 | 2,708 | 4,074 | 6,684 | 5,619 | 2,331 | 1,666 | 5,214 | 6,174 | 1,000 | 1,952 | 5,579 |
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% |
| Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Gross Margin | 61.80% | 60.30% | 54.71% | 60.54% | 59.76% | 61.01% | 56.52% | 60.28% | 61.97% | 60.97% | 56.78% | 59.69% | 60.84% | 58.97% | 55.29% | 57.36% | 57.32% | 57.23% | 55.98% | 58.90% |
Operating Margin | 20.96% | 23.93% | 13.75% | 23.96% | 23.68% | 23.83% | 20.80% | 17.78% | 23.84% | 22.80% | 1.71% | 22.42% | 22.15% | 23.04% | 20.50% | 23.05% | 22.35% | 23.23% | 22.33% | 27.05% |
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 | 11.53% | 14.94% | 6.73% | 14.95% | 14.84% | 14.88% | 14.33% | 10.23% | 14.34% | 14.32% | -7.32% | 14.65% | 14.62% | 15.25% | 19.00% | 14.67% | 15.73% | 14.04% | 13.91% | 19.91% |
FCF Margin | 18.76% | 10.98% | 12.00% | 20.57% | 14.98% | 10.86% | 15.02% | 17.89% | 17.65% | 8.21% | 11.60% | 20.05% | 17.24% | 7.08% | 4.73% | 15.23% | 18.27% | 2.98% | 5.73% | 16.95% |
| Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Dividend Per Share Dividend Per Share Growth | 0.708 | 0.708 | 0.690 | 0.690 | 0.677 | 0.677 | 0.677 | 0.677 | 0.665 | 0.665 | 0.665 | 0.665 | 0.652 | 0.652 | 0.652 | 0.652 | 0.640 | 0.640 | 0.640 | 0.640 |
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 | 1.67% | 1.38% | 1.69% | 1.54% | 1.56% | 1.49% | 1.69% | 1.48% | 1.61% | 1.58% | 1.76% | 2.01% | 1.75% | 1.68% | 1.65% | 1.68% | 1.28% | 1.24% | 1.22% | 1.16% |
| Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
PE Ratio | 11.03 | 12.24 | 10.03 | 9.39 | 10.09 | 10.80 | 9.66 | 19.36 | 15.45 | 15.66 | 13.71 | 6.53 | 7.50 | 7.63 | 7.79 | 8.31 | 10.17 | 9.89 | 9.77 | 10.13 |
Forward PE | 8.45 | 10.21 | 8.66 | 9.23 | 9.19 | 9.72 | 8.53 | 9.65 | 8.94 | 9.15 | 8.29 | 6.90 | 8.01 | 8.31 | 7.93 | 7.35 | 9.28 | 9.34 | 9.70 | 10.24 |
P/FCF Ratio | 8.21 | 10.34 | 8.53 | 8.77 | 9.06 | 9.22 | 8.49 | 10.20 | 9.02 | 9.25 | 8.47 | 8.36 | 10.54 | 10.63 | 11.77 | 11.12 | 14.49 | 14.21 | 11.17 | 9.91 |
PS Ratio | 1.27 | 1.51 | 1.24 | 1.35 | 1.33 | 1.41 | 1.25 | 1.41 | 1.29 | 1.32 | 1.18 | 1.02 | 1.16 | 1.20 | 1.21 | 1.18 | 1.59 | 1.59 | 1.61 | 1.67 |