Name: Verizon Communications Inc. (VZ) Financial Statements
Creator: FinSpry

Verizon Communications Income Statement Analysis

Revenue, earnings, and profit margins in billions USD

Scale:

Scroll to see more

Verizon Communications Inc. income statement - Annual data in billions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018
Revenue & Gross Profit
Revenue	138.19	134.79	133.97	136.84	133.61	128.29	131.87	130.86
Cost of Revenue	75.11	54.10	54.89	59.13	56.30	51.20	31.77	55.51
Gross Profit	63.08	80.69	79.09	77.70	77.31	77.09	100.10	75.36
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	33.82	34.11	32.75	29.83	28.66	31.57	29.90	31.08
Operating Expenses	33.82	52.01	50.37	46.93	44.86	48.29	46.58	48.49
Operating Income	29.26	28.69	22.88	30.77	32.45	28.80	30.38	26.87
Other Income/Expense
Interest Income	0.00	0.34	0.35	0.15	0.05	0.07	0.00	0.09
Interest Expense	6.69	6.65	-5.52	-3.61	-3.49	-4.25	0.00	4.83
Other Income/Expense	-6.59	0.61	-6.56	2.30	-0.46	0.58	2.92	-2.51
Income
Income Before Tax	22.67	22.98	16.99	28.27	29.42	23.97	22.73	19.62
Income Tax Expense	5.06	5.03	4.89	6.52	6.80	5.62	2.95	3.58
Net Income	17.17	17.51	11.61	21.26	22.07	17.80	19.27	15.53
Net Income - Continuous Operations	17.17	17.95	12.10	21.75	22.62	0.00	0.00	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	47.72	47.52	40.14	47.87	49.11	44.93	39.43	41.86
EBIT	29.26	29.63	22.51	30.77	32.91	28.21	22.75	24.46
Depreciation & Amortization	18.35	17.89	17.62	17.10	16.21	16.72	16.68	17.40
Earnings Per Share
Basic EPS	4.00	4.00	3.00	5.00	5.00	4.00	5.00	4.00
Diluted EPS	4.00	4.00	3.00	5.00	5.00	4.00	5.00	4.00
Basic Shares Outstanding	4.23	4.22	4.21	4.20	4.15	4.14	4.14	4.13
Diluted Shares Outstanding	4.23	4.22	4.22	4.20	4.15	4.14	4.14	4.13