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Verizon

VerizonVZEarnings & Financial Report

NYSE · Communication Services · Integrated Telecommunication Services

Verizon Communications Inc., is an American telecommunications company headquartered in New York City. It is the world's second-largest telecommunications company by revenue and its mobile network is the largest wireless carrier in the United States, with 146.1 million subscribers as of June 30, 2025.

VZ Q4 2025 Key Financial Metrics

Revenue

$36.4B

Gross Profit

N/A

Operating Profit

$5.0B

Net Profit

$2.3B

Gross Margin

N/A

Operating Margin

13.8%

Net Margin

6.4%

YoY Growth

2.0%

EPS

$0.56

Financial Flow

Verizon Q4 2025 Financial Summary

Verizon reported revenue of $36.4B for Q4 2025, with a net profit of $2.3B (6.4% margin). Cost of goods sold was N/A, operating expenses totaled N/A.

Key Financial Metrics

Total Revenue$36.4B
Net Profit$2.3B
Gross MarginN/A
Operating Margin13.8%
Report PeriodQ4 2025

Verizon Annual Revenue by Year

Verizon annual revenue history includes year-by-year totals (for example, 2025 revenue was $138.2B).

YearAnnual Revenue
2025$138.2B
2024$134.8B
2023$134.0B
2022$136.8B

Income Statement

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Revenue$32.98B$32.80B$33.33B$35.68B$33.48B$34.50B$33.82B$36.38B
YoY Growth0.2%0.6%-0.0%1.6%1.5%5.2%1.5%2.0%

Balance Sheet

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Assets$380.16B$379.15B$381.16B$384.71B$380.36B$383.29B$388.33B$404.26B
LiabilitiesN/AN/AN/AN/AN/AN/AN/AN/A
Equity$95.73B$97.54B$97.67B$100.58B$102.04B$104.36B$106.34B$105.74B

Cash Flow

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$7.08B$9.48B$9.91B$10.43B$7.78B$8.97B$11.27B$9.11B