Verizon Quarterly Income Statements Chart
Quarterly
|
Annual
Verizon Quarterly Income Statements Table
Quarterly
|
Annual
| Unit: USD | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| operating revenues | |||||||||||||||||||||||||
| service revenues and other | 28,249,000,000 | 28,087,000,000 | 28,166,000,000 | 27,987,000,000 | 27,798,000,000 | 27,620,000,000 | 27,658,000,000 | 27,523,000,000 | 27,319,000,000 | 27,152,000,000 | 27,626,000,000 | 27,666,000,000 | 27,115,000,000 | 27,218,000,000 | 26,740,000,000 | 27,565,000,000 | 28,221,000,000 | 27,923,000,000 | 28,268,000,000 | 27,431,000,000 | 26,692,000,000 | 27,481,000,000 | 27,753,000,000 | 27,351,000,000 | 27,197,000,000 |
| wireless equipment revenues | 6,255,000,000 | 5,398,000,000 | 7,515,000,000 | 5,343,000,000 | 4,998,000,000 | 5,361,000,000 | 7,472,000,000 | 5,813,000,000 | 5,277,000,000 | 5,760,000,000 | 7,625,000,000 | 6,575,000,000 | 6,674,000,000 | 6,336,000,000 | 7,327,000,000 | 5,350,000,000 | 5,543,000,000 | 4,944,000,000 | 6,424,000,000 | 4,112,000,000 | 3,755,000,000 | 4,129,000,000 | 5,141,000,000 | 4,720,000,000 | 4,931,000,000 |
| total operating revenues | 34,504,000,000 | 33,485,000,000 | 35,681,000,000 | 33,330,000,000 | 32,796,000,000 | 32,981,000,000 | 35,130,000,000 | 33,336,000,000 | 32,596,000,000 | 32,912,000,000 | 35,251,000,000 | 34,241,000,000 | 33,789,000,000 | 33,554,000,000 | 34,067,000,000 | 32,915,000,000 | 33,764,000,000 | 32,867,000,000 | 34,692,000,000 | 31,543,000,000 | 30,447,000,000 | 31,610,000,000 | 32,894,000,000 | 32,071,000,000 | 32,128,000,000 |
| yoy | 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% | 10.89% | 3.98% | 5.47% | -1.65% | -5.23% | ||||
| qoq | 3.04% | -6.15% | 7.05% | 1.63% | -0.56% | -6.12% | 5.38% | 2.27% | -0.96% | -6.64% | 2.95% | 1.34% | 0.70% | -1.51% | 3.50% | -2.51% | 2.73% | -5.26% | 9.98% | 3.60% | -3.68% | -3.90% | 2.57% | -0.18% | |
| operating expenses | |||||||||||||||||||||||||
| cost of services | 6,878,000,000 | 6,950,000,000 | 6,933,000,000 | 7,193,000,000 | 6,904,000,000 | 6,967,000,000 | 6,952,000,000 | 7,084,000,000 | 6,986,000,000 | 7,078,000,000 | 7,185,000,000 | 7,293,000,000 | 6,932,000,000 | 7,227,000,000 | 7,035,000,000 | 7,855,000,000 | 8,324,000,000 | 8,020,000,000 | 8,053,000,000 | 7,955,000,000 | 7,639,000,000 | 7,754,000,000 | 7,902,000,000 | 7,702,000,000 | 7,792,000,000 |
| cost of wireless equipment | 7,007,000,000 | 6,106,000,000 | 8,581,000,000 | 6,047,000,000 | 5,567,000,000 | 5,905,000,000 | 8,230,000,000 | 6,353,000,000 | 5,778,000,000 | 6,426,000,000 | 8,577,000,000 | 7,308,000,000 | 7,488,000,000 | 7,123,000,000 | 7,961,000,000 | 5,673,000,000 | 5,931,000,000 | 5,502,000,000 | 6,769,000,000 | 4,379,000,000 | 4,110,000,000 | 4,542,000,000 | 5,482,000,000 | 5,019,000,000 | |
| selling, general and administrative expense | 7,812,000,000 | 7,874,000,000 | 8,240,000,000 | 9,706,000,000 | 8,024,000,000 | 8,143,000,000 | 8,991,000,000 | 7,995,000,000 | 8,253,000,000 | 7,506,000,000 | 8,046,000,000 | 7,422,000,000 | 7,496,000,000 | 7,172,000,000 | 7,412,000,000 | 6,521,000,000 | 7,324,000,000 | 7,401,000,000 | 8,493,000,000 | 7,339,000,000 | 7,156,000,000 | 8,585,000,000 | 7,216,000,000 | 7,268,000,000 | 7,198,000,000 |
| depreciation and amortization expense | 4,635,000,000 | 4,577,000,000 | 4,506,000,000 | 4,458,000,000 | 4,483,000,000 | 4,445,000,000 | 4,516,000,000 | 4,431,000,000 | 4,359,000,000 | 4,318,000,000 | 4,218,000,000 | 4,324,000,000 | 4,321,000,000 | 4,236,000,000 | 4,051,000,000 | 3,961,000,000 | 4,020,000,000 | 4,174,000,000 | 4,197,000,000 | 4,192,000,000 | 4,181,000,000 | 4,150,000,000 | 4,114,000,000 | 4,232,000,000 | 4,231,000,000 |
| total operating expenses | 26,332,000,000 | 25,507,000,000 | 28,260,000,000 | 27,404,000,000 | 24,978,000,000 | 25,460,000,000 | 34,530,000,000 | 25,863,000,000 | 25,376,000,000 | 25,328,000,000 | 28,026,000,000 | 26,347,000,000 | 26,237,000,000 | 25,758,000,000 | 26,459,000,000 | 24,010,000,000 | 25,599,000,000 | 25,097,000,000 | 27,512,000,000 | 23,865,000,000 | 23,086,000,000 | 25,031,000,000 | 24,714,000,000 | 24,221,000,000 | 24,419,000,000 |
| operating income | 8,172,000,000 | 7,978,000,000 | 7,421,000,000 | 5,926,000,000 | 7,818,000,000 | 7,521,000,000 | 600,000,000 | 7,473,000,000 | 7,220,000,000 | 7,584,000,000 | 7,225,000,000 | 7,894,000,000 | 7,552,000,000 | 7,796,000,000 | 7,608,000,000 | 8,905,000,000 | 8,165,000,000 | 7,770,000,000 | 7,180,000,000 | 7,678,000,000 | 7,361,000,000 | 6,579,000,000 | 8,180,000,000 | 7,850,000,000 | 7,709,000,000 |
| yoy | 4.53% | 6.08% | 1136.83% | -20.70% | 8.28% | -0.83% | -91.70% | -5.33% | -4.40% | -2.72% | -5.03% | -11.35% | -7.51% | 0.33% | 5.96% | 15.98% | 10.92% | 18.10% | -12.22% | -2.19% | -4.51% | ||||
| qoq | 2.43% | 7.51% | 25.23% | -24.20% | 3.95% | 1153.50% | -91.97% | 3.50% | -4.80% | 4.97% | -8.47% | 4.53% | -3.13% | 2.47% | -14.56% | 9.06% | 5.08% | 8.22% | -6.49% | 4.31% | 11.89% | -19.57% | 4.20% | 1.83% | |
| operating margin % | 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% | 24.18% | 23.64% | 20.70% | 24.34% | 24.18% | 20.81% | 24.87% | 24.48% | 23.99% |
| equity in earnings (losses) of unconsolidated businesses | -3,000,000 | 6,000,000 | -9,000,000 | -11,000,000 | -18,000,000 | -33,000,000 | 9,000,000 | -3,000,000 | 135,000,000 | 1,000,000 | 1,000,000 | 8,000,000 | |||||||||||||
| other income | 79,000,000 | 121,000,000 | 797,000,000 | 72,000,000 | -72,000,000 | 198,000,000 | -807,000,000 | 170,000,000 | 210,000,000 | 114,000,000 | 2,687,000,000 | -439,000,000 | 49,000,000 | -924,000,000 | -860,000,000 | 269,000,000 | 502,000,000 | 401,000,000 | 164,000,000 | -774,000,000 | -72,000,000 | 143,000,000 | 295,000,000 | ||
| interest expense | -1,639,000,000 | -1,632,000,000 | -1,644,000,000 | -1,672,000,000 | -1,698,000,000 | -1,635,000,000 | -1,599,000,000 | -1,433,000,000 | -1,285,000,000 | -1,207,000,000 | -1,105,000,000 | -937,000,000 | -785,000,000 | -786,000,000 | -739,000,000 | -801,000,000 | -844,000,000 | -1,101,000,000 | -1,080,000,000 | -1,044,000,000 | -1,089,000,000 | ||||
| income before benefit from income taxes | 6,609,000,000 | 6,473,000,000 | 6,568,000,000 | 4,302,000,000 | 6,034,000,000 | 6,075,000,000 | -1,817,000,000 | 6,192,000,000 | 6,112,000,000 | 6,500,000,000 | 8,811,000,000 | 6,520,000,000 | 6,857,000,000 | 6,083,000,000 | 6,144,000,000 | 8,374,000,000 | 7,824,000,000 | 7,078,000,000 | 6,253,000,000 | 5,851,000,000 | 6,187,000,000 | 5,676,000,000 | 6,923,000,000 | 5,310,000,000 | 6,788,000,000 |
| benefit from income taxes | -1,488,000,000 | -1,490,000,000 | -1,454,000,000 | -891,000,000 | -1,332,000,000 | -1,353,000,000 | -756,000,000 | -1,308,000,000 | -1,346,000,000 | -1,482,000,000 | -2,113,000,000 | -1,496,000,000 | -1,542,000,000 | -1,372,000,000 | -1,407,000,000 | -1,820,000,000 | -1,875,000,000 | -1,700,000,000 | -1,535,000,000 | -1,347,000,000 | -1,348,000,000 | ||||
| net income | 5,121,000,000 | 4,983,000,000 | 5,114,000,000 | 3,411,000,000 | 4,702,000,000 | 4,722,000,000 | -2,573,000,000 | 4,884,000,000 | 4,766,000,000 | 5,018,000,000 | 6,698,000,000 | 5,024,000,000 | 5,315,000,000 | 4,711,000,000 | 4,737,000,000 | 6,554,000,000 | 5,949,000,000 | 5,378,000,000 | 4,718,000,000 | 4,504,000,000 | 4,839,000,000 | 4,287,000,000 | 5,337,000,000 | 4,074,000,000 | 5,160,000,000 |
| yoy | 8.91% | 5.53% | -298.76% | -30.16% | -1.34% | -5.90% | -138.41% | -2.79% | -10.33% | 6.52% | 41.40% | -23.34% | -10.66% | -12.40% | 0.40% | 45.52% | 22.94% | 25.45% | -11.60% | 10.55% | -6.22% | ||||
| qoq | 2.77% | -2.56% | 49.93% | -27.46% | -0.42% | -283.52% | -152.68% | 2.48% | -5.02% | -25.08% | 33.32% | -5.48% | 12.82% | -0.55% | -27.72% | 10.17% | 10.62% | 13.99% | 4.75% | -6.92% | 12.88% | -19.67% | 31.00% | -21.05% | |
| net income margin % | 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% | 13.90% | 19.91% | 17.62% | 16.36% | 13.60% | 14.28% | 15.89% | 13.56% | 16.22% | 12.70% | 16.06% |
| net income attributable to noncontrolling interests | 118,000,000 | 104,000,000 | 109,000,000 | 105,000,000 | 109,000,000 | 120,000,000 | 132,000,000 | 122,000,000 | 118,000,000 | 109,000,000 | 121,000,000 | 124,000,000 | 116,000,000 | 131,000,000 | 124,000,000 | 147,000,000 | 149,000,000 | 133,000,000 | 130,000,000 | 147,000,000 | 139,000,000 | 131,000,000 | 143,000,000 | 130,000,000 | 128,000,000 |
| net income attributable to verizon | 5,003,000,000 | 4,879,000,000 | 5,005,000,000 | 3,306,000,000 | 4,593,000,000 | 4,602,000,000 | -2,705,000,000 | 4,762,000,000 | 4,648,000,000 | 4,909,000,000 | 6,577,000,000 | 4,900,000,000 | 5,199,000,000 | 4,580,000,000 | 4,613,000,000 | 6,407,000,000 | 5,800,000,000 | 5,245,000,000 | 4,588,000,000 | 4,357,000,000 | 4,700,000,000 | 4,156,000,000 | 5,194,000,000 | 3,944,000,000 | 5,032,000,000 |
| basic earnings per common share | |||||||||||||||||||||||||
| weighted-average shares outstanding | 4,224,000,000 | 4,222,000,000 | 4,218,000,000 | 4,220,000,000 | 4,215,000,000 | 4,215,000,000 | 4,211,000,000 | 4,213,000,000 | 4,208,000,000 | 4,207,000,000 | 4,202,000,000 | 4,202,000,000 | 4,201,000,000 | 4,201,000,000 | 4,148,000,000 | 4,142,000,000 | 4,141,000,000 | 4,141,000,000 | 4,140,000,000 | 4,140,000,000 | 4,139,000,000 | 4,139,000,000 | 4,138,000,000 | 4,138,000,000 | 4,138,000,000 |
| diluted earnings per common share | |||||||||||||||||||||||||
| equity in losses of unconsolidated businesses | -11,750,000 | -24,000,000 | -14,000,000 | -11,000,000 | -9,000,000 | -13,000,000 | |||||||||||||||||||
| equity in earnings of unconsolidated businesses | 10,000,000 | 2,000,000 | 41,000,000 | ||||||||||||||||||||||
| wireless cost of equipment | 5,198,000,000 |
We provide you with 20 years income statements for Verizon stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Verizon stock. Explore the full financial landscape of Verizon stock with our expertly curated income statements.
The information provided in this report about Verizon stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.