10q10k10q10k.net
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.

Revenue

$33.5B

Gross Profit

N/A

Operating Profit

$8.0B

Net Profit

$4.9B

Gross Margin

N/A

Operating Margin

23.8%

Net Margin

14.6%

YoY Growth

1.5%

EPS

$1.15

Financial Flow

Verizon Q1 2025 Financial Summary

Verizon reported revenue of $33.5B for Q1 2025, with a net profit of $4.9B (14.6% margin). Cost of goods sold was N/A, operating expenses totaled N/A.

Key Financial Metrics

Total Revenue$33.5B
Net Profit$4.9B
Gross MarginN/A
Operating Margin23.8%
Report PeriodQ1 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