Name: VZ Income Statement - Verizon Communications Revenue & EPS | Ledgeburg
Creator: Ledgeburg
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Revenue, Cost of Revenue, Gross Profit, Operating Expenses, Operating Income, Net Income, EPS Basic, EPS Diluted

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VZ - Verizon Communications Inc.

USD | NYSE | Communication Services

VZ Income Statement - Verizon Communications Revenue & EPS | Ledgeburg

(in millions of USD, except per-share data)	Q1 FY 26	Q4 FY 25	Q3 FY 25	Q2 FY 25	Q1 FY 25	Q4 FY 24	Q3 FY 24	Q2 FY 24	Q1 FY 24	Q4 FY 23	Q3 FY 23	Q2 FY 23	Q1 FY 23	Q4 FY 22	Q3 FY 22	Q2 FY 22	Q1 FY 22	Q4 FY 21	Q3 FY 21	Q2 FY 21	Q1 FY 21	Q4 FY 20	Q3 FY 20	Q2 FY 20	Q1 FY 20	Q4 FY 19	Q3 FY 19	Q2 FY 19	Q1 FY 19	Q4 FY 18	Q3 FY 18	Q2 FY 18	Q1 FY 18	Q4 FY 17	Q3 FY 17	Q2 FY 17	Q1 FY 17	Q4 FY 16	Q3 FY 16	Q2 FY 16
Revenues
Revenues	34,440.0	36,381.0	33,821.0	34,504.0	33,485.0	35,681.0	33,330.0	32,796.0	32,981.0	35,130.0	33,336.0	32,596.0	32,912.0	35,251.0	34,241.0	33,789.0

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

(in millions of USD, except per-share data)	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009
Revenues
Revenues	139,146.0	138,191.0	134,788.0	133,974.0	136,835.0	133,613.0	128,292.0	131,868.0	130,863.0	126,034.0	125,980.0	131,620.0	127,079.0	120,550.0	115,846.0	110,875.0	106,565.0	107,808.0
Cost of Revenue	-	-	-	-	-	-	-	-	-	22,147.0	22,238.0	23,119.0	49,931.0	44,887.0	46,275.0	45,875.0	44,149.0	44,579.0
Gross Profit	-	-	-	-	-	-	-	-	-	103,887.0	103,742.0	108,501.0	77,148.0	75,663.0	69,571.0	65,000.0	62,416.0
Operating Expenses
Research & Development	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Income
Operating Income	29,523.0	29,259.0	28,686.0	22,877.0	30,467.0	32,448.0	28,798.0	30,378.0	22,278.0	27,425.0	29,249.0	33,060.0	19,599.0	31,968.0
Non-Operating
Interest Income	-	329.0	336.0	354.0	146.0	48.0	65.0	121.0	94.0	82.0	59.0	-	-	-	-	-
Tax & Net
Income Tax Expense	5,212.0	5,064.0	5,030.0	4,892.0	6,523.0	6,802.0	5,619.0	2,945.0	3,584.0	(9,956.0)	7,378.0	9,865.0	3,314.0	5,730.0	(660.0)
Per Share
EPS Basic	4.12	4.06	4.15	2.76	5.06	5.32	4.30	4.66	3.76	7.37	3.22	4.38	2.42	4.01	0.31	0.85
Supplementary Data
EBITDA	48,187.0	47,608.0	46,578.0	40,501.0	47,566.0	48,654.0	45,518.0	47,060.0	39,681.0	44,379.0	45,177.0	49,077.0	36,132.0	48,574.0	29,620.0	29,376.0

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

Operating Expenses
Research & Development	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling General & Administrative	7,633.0	10,380.0	7,752.0	7,812.0	7,874.0	8,240.0	9,706.0	8,024.0	8,143.0	8,991.0	7,995.0	8,253.0	7,506.0	8,046.0	7,422.0	7,496.0
Selling & Marketing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General & Administrative	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation & Amortization	4,892.0	4,519.0	4,618.0	4,635.0	4,577.0	4,506.0	4,458.0	4,483.0	4,445.0	4,516.0	4,431.0	4,359.0	4,318.0	4,218.0	4,324.0	4,321.0
Amortization of Intangibles	836.0	762.0	749.0	754.0	734.0	701.0	676.0	706.0	698.0	697.0	690.0	653.0	647.0	563.0	658.0	651.0
Other Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Operating Expenses	26,198.0	31,377.0	25,716.0	26,332.0	25,507.0	28,260.0	27,404.0	24,978.0	25,460.0	34,530.0	25,863.0	25,376.0	25,328.0	28,026.0	26,347.0

Operating Income
Operating Income	8,242.0	5,004.0	8,105.0	8,172.0	7,978.0	7,421.0	5,926.0	7,818.0	7,521.0	600.0	7,473.0	7,220.0	7,584.0	7,225.0	7,894.0	7,552.0	7,796.0	7,608.0	8,905.0	8,165.0	7,770.0	7,180.0	7,678.0	7,361.0	6,579.0	6,639.0	8,180.0	7,850.0	7,709.0	637.0	7,675.0	6,617.0	7,349.0	5,461.0	6,988.0	8,014.0	6,962.0	10,213.0	6,540.0	4,554.0

Non-Operating
Interest Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expense	1,940.0	1,759.0	1,664.0	1,639.0	1,632.0	1,644.0	1,672.0	1,698.0	1,635.0	1,599.0	1,433.0	1,285.0	1,207.0	1,105.0	937.0	785.0	786.0
Income From Equity Investments	5.0	3.0	(6.0)	(3.0)	6.0	(6.0)	(24.0)	(14.0)	(9.0)	(11.0)	(18.0)	(33.0)	9.0	4.0	2.0	41.0
Other Non-Operating Income	477.0	(185.0)	92.0	79.0	121.0	797.0	72.0	(72.0)	198.0	(807.0)	170.0	210.0	114.0	2,687.0	(439.0)	49.0	(924.0)
Pre-Tax Income	6,784.0	3,063.0	6,527.0	6,609.0	6,473.0	6,568.0	4,302.0	6,034.0	6,075.0	(1,817.0)	6,192.0	6,112.0	6,500.0	8,811.0	6,520.0	6,857.0

Tax & Net
Income Tax Expense	1,638.0	615.0	1,471.0	1,488.0	1,490.0	1,454.0	891.0	1,332.0	1,353.0	756.0	1,308.0	1,346.0	1,482.0	2,113.0	1,496.0	1,542.0	1,372.0	1,407.0	1,820.0	1,875.0	1,700.0	1,535.0	1,347.0	1,348.0	1,389.0	(1,505.0)	1,586.0	1,236.0	1,628.0	(698.0)	1,613.0	1,281.0	1,388.0	(15,849.0)	1,775.0	2,489.0	1,629.0	2,349.0	1,829.0	864.0
Net Income From Continuing Ops	5,146.0	2,448.0	5,056.0	5,121.0	4,983.0	5,114.0	3,411.0	4,702.0	4,722.0	(2,573.0)	4,884.0	4,766.0	5,018.0	6,698.0	5,024.0	5,315.0	4,711.0
Net Income From Discontinued Ops	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	5,146.0	2,448.0	5,056.0	5,121.0	4,983.0	5,114.0	3,411.0	4,702.0	4,722.0	(2,573.0)	4,884.0	4,766.0	5,018.0	6,698.0	5,024.0	5,315.0	4,711.0
Net Income Attributable To Parent	5,045.0	2,342.0	4,950.0	5,003.0	4,879.0	5,005.0	3,306.0	4,593.0	4,602.0	(2,705.0)	4,762.0	4,648.0	4,909.0	6,577.0	4,900.0	5,199.0
Less: Minority Interest	101.0	106.0	106.0	118.0	104.0	109.0	105.0	109.0	120.0	132.0	122.0	118.0	109.0	121.0	124.0	116.0	131.0
Less: Preferred Dividends	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income To Common Shareholders	5,045.0	2,342.0	4,950.0	5,003.0	4,879.0	5,005.0	3,306.0	4,593.0	4,602.0	(2,705.0)	4,762.0	4,648.0	4,909.0	6,577.0	4,900.0

Per Share
EPS Basic	1.20	-	1.17	1.18	1.16	-	0.78	1.09	1.09	-	1.13	1.10	1.17	-	1.17	1.24	1.09	-	1.55	1.40	1.27	-	1.05	1.14	1.00	-	1.26	0.95	1.22	-	1.19	1.00	1.11	-	0.89	1.07	0.85	-	0.89	0.17
EPS Diluted	1.20	-	1.17	1.18	1.15	-	0.78	1.09	1.09	-	1.13	1.10	1.17	-	1.17	1.24	1.09	-
Shares Basic	4,205.0	-	4,228.0	4,224.0	4,222.0	-	4,220.0	4,215.0	4,215.0	-	4,213.0	4,208.0	4,207.0	-	4,202.0	4,201.0	4,201.0	-
Shares Diluted	4,210.0	-	4,233.0	4,228.0	4,226.0	-	4,225.0	4,221.0	4,219.0	-	4,216.0	4,213.0	4,211.0	-	4,204.0	4,202.0	4,202.0	-

Supplementary Data
EBITDA	13,134.0	9,523.0	12,723.0	12,807.0	12,555.0	11,927.0	10,384.0	12,301.0	11,966.0	5,116.0	11,904.0	11,579.0	11,902.0	11,443.0	12,218.0	11,873.0	12,032.0	11,659.0	12,866.0	12,185.0	11,944.0	11,377.0	11,870.0	11,542.0	10,729.0	10,744.0	12,294.0	12,082.0	11,940.0	4,989.0	12,052.0	10,967.0	11,673.0	9,917.0	11,260.0	12,181.0	11,021.0	14,200.0	10,482.0	8,536.0
EBIT	8,242.0	5,004.0	8,105.0	8,172.0	7,978.0	7,421.0	5,926.0	7,818.0	7,521.0	600.0	7,473.0	7,220.0	7,584.0	7,225.0	7,894.0	7,552.0	7,796.0	7,608.0	8,905.0