Verizon Communications

VZ · NYSE · USD

$45.92−0.13%−$0.06

Close · October 2, 2026

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.

Income statement · Quarterly
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
Total revenue	34,253	34,440	36,381	33,821	34,504	33,485	35,681	33,330	32,796	32,981	35,130	33,336
Cost of revenue	13,026	13,673	16,273	13,346	13,885	13,056	15,514	13,051	12,471	12,872	15,174	13,377
Gross profit	21,227	20,767	20,108	20,475	20,619	20,429	20,167	20,279	20,325	20,109	19,956	19,959
Selling, general and administrative	8,341	7,201	7,953	7,763	7,950	7,968	7,815	7,844	8,393	8,037	8,238	7,706
Operating income	7,878	8,674	7,636	8,094	8,034	7,884	7,846	7,977	7,449	7,627	7,202	7,843
EBIT	7,878	8,674	7,636	8,094	8,034	7,884	7,846	7,977	7,449	7,627	7,202	7,843
EBITDA	12,886	13,566	12,155	12,712	12,669	12,461	12,352	12,435	11,932	12,072	11,718	12,253
Interest expense	1,985	1,940	1,759	1,664	1,639	1,632	1,644	1,672	1,698	1,635	1,599	1,433
Pre-tax income	5,274	6,784	3,063	6,527	6,609	6,473	6,568	4,302	6,034	6,075	-1,817	6,192
Income tax	1,325	1,638	615	1,471	1,488	1,490	1,454	891	1,332	1,353	756	1,308
Net income	3,835	5,045	2,342	4,950	5,003	4,879	5,005	3,306	4,593	4,602	-2,705	4,762
Net income to common shareholders	3,835	5,045	2,342	4,950	5,003	4,879	5,005	3,306	4,593	4,602	-2,705	4,762
Basic EPS	0.92	1.20	0.55	1.17	1.18	1.16	1.19	0.78	1.09	1.09	-0.64	1.13
Diluted EPS	0.92	1.20	0.55	1.17	1.18	1.15	1.18	0.78	1.09	1.09	-0.65	1.13
Average shares (basic)	4,168	4,205	4,230	4,228	4,224	4,222	4,222	4,220	4,215	4,215	4,214	4,213
Average shares (diluted)	4,171	4,210	4,236	4,233	4,228	4,226	4,227	4,225	4,221	4,219	4,214	4,216
Dividend per share	0.71	0.71	0.69	0.69	0.68	0.68	0.68	0.68	0.67	0.67	0.67	0.67