Verizon Communications
$45.92Change from previous close: −0.13%Absolute change: −$0.06
At a glance
- Revenue growth
- +2.52%
- 2025 vs 2024
- Net income growth
- −1.90%
- 2025 vs 2024
- Net margin
- 12.4%
- 2024: 13.0%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 10,435 | 7,984 | 9,114 | 11,266 | 8,975 | 7,782 | 10,432 | 9,911 | 9,485 | 7,084 | 8,677 | 10,778 |
| Depreciation and amortization | 5,008 | 4,892 | 4,519 | 4,618 | 4,635 | 4,577 | 4,506 | 4,458 | 4,483 | 4,445 | 4,516 | 4,410 |
| Capital expenditure | -4,009 | -4,201 | -4,748 | -4,310 | -3,808 | -4,145 | -5,071 | -3,948 | -3,695 | -4,376 | -4,603 | -4,094 |
| Investing cash flow | -4,927 | -13,573 | -4,980 | -4,490 | -3,438 | -3,752 | -5,561 | -4,003 | -3,865 | -5,245 | -7,824 | -5,408 |
| Financing cash flow | -11,836 | -5,278 | 7,209 | -2,551 | -4,378 | -5,893 | -5,623 | -4,415 | -5,634 | -1,428 | -3,016 | -6,055 |
| Dividends paid | -2,954 | -2,910 | -2,912 | -2,857 | -2,856 | -2,856 | -2,850 | -2,801 | -2,802 | -2,796 | -2,794 | -2,744 |
| Share repurchases | -1,000 | -2,500 | — | — | 0.0 | 0.0 | — | — | — | — | — | — |
| Debt issued | 9,839 | 12,129 | 16,314 | 4,654 | 3,857 | 2,781 | 4,197 | 2,421 | 3,330 | 5,620 | 1,624 | 1,780 |
| Debt repaid | -17,252 | -11,086 | -5,823 | -3,924 | -5,007 | -5,035 | -7,563 | -3,054 | -3,811 | -5,916 | -1,477 | -4,147 |
| Net change in cash | -6,328 | -10,867 | 11,343 | 4,225 | 1,159 | -1,863 | -752 | 1,493 | -14.0 | 411 | -2,163 | -685 |
| Free cash flow | 6,426 | 3,783 | 4,366 | 6,956 | 5,167 | 3,637 | 5,361 | 5,963 | 5,790 | 2,708 | 4,074 | 6,684 |
| Levered free cash flow | 2,806 | 1,940 | 8,815 | 4,054 | 4,800 | -428 | 6,956 | 6,619 | 3,795 | -1,358 | -2,555 | 8,412 |