VEON Ltd.VEONEarnings & Financial Report
VEON Ltd., also known as VEON Group, is a multinational telecommunication and digital services company. Headquartered in Dubai, the company is publicly traded on the U.S.-based NASDAQ stock exchange. VEON operates in six markets in Europe and Asia, including Bangladesh, Kazakhstan, Kyrgyzstan, Pakistan, Ukraine and Uzbekistan. Specific brands include Banglalink in Bangladesh, Jazz in Pakistan, Kyivstar in Ukraine, and units operating in Kazakhstan, Kyrgyzstan, and Uzbekistan under the Beeline...
Revenue
$1.0B
Gross Profit
N/A
Operating Profit
$278.0M
Net Profit
$89.0M
Gross Margin
N/A
Operating Margin
27.1%
Net Margin
8.7%
YoY Growth
12.1%
EPS
$0.04
Financial Flow
VEON Ltd. Q2 2024 Financial Summary
VEON Ltd. reported revenue of $1.0B (up 12.1% YoY) for Q2 2024, with a net profit of $89.0M (down 67.2% YoY) (8.7% margin). Cost of goods sold was N/A.
Key Financial Metrics
| Total Revenue | $1.0B |
|---|---|
| Net Profit | $89.0M |
| Gross Margin | N/A |
| Operating Margin | 27.1% |
| Report Period | Q2 2024 |
VEON Ltd. Quarterly Revenue & Net Profit History
VEON Ltd. results over the last 4 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q2 2025 | $1.1B | +5.8% | $608.0M | 55.9% |
| Q2 2024 | $1.0B | +12.1% | $89.0M | 8.7% |
| Q2 2023 | $916.0M | -4.3% | $271.0M | 29.6% |
| Q2 2022 | $957.0M | -49.7% | $184.0M | 19.2% |
Income Statement
| Q2 2022 | Q2 2023 | Q2 2024 | Q2 2025 | |
|---|---|---|---|---|
| Revenue | $957.0M | $916.0M | $1.03B | $1.09B |
| YoY Growth | -49.7% | -4.3% | 12.1% | 5.8% |
Balance Sheet
| Q2 2022 | Q2 2023 | Q2 2024 | Q2 2025 | |
|---|---|---|---|---|
| Assets | $17.69B | $13.01B | $7.33B | $8.46B |
| Liabilities | $16.13B | $12.02B | $6.20B | $6.97B |
| Equity | $1.56B | $988.0M | $1.13B | $1.50B |