Verizon Communications Inc.
Profit after direct costs
Core business profitability
Bottom line profitability
Top line growth rate
Flow of revenue through cost categories to net income
| Item | Trend | 2021 | 2022 | 2023 | 2024 | 2025 | YoY Change |
|---|---|---|---|---|---|---|---|
Total Revenue | 133.61B | 136.84B | 133.97B | 134.79B | 138.19B | 2.5% | |
| Cost of Revenue | (72.51B) | (76.23B) | (72.51B) | (71.99B) | (75.11B) | 4.3% | |
Gross Profit | 61.11B | 60.60B | 61.46B | 62.80B | 63.08B | 0.4% | |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | |
| Selling, General & Administrative | (29.14B) | (30.14B) | (32.63B) | (32.20B) | (33.82B) | 5.0% | |
| Depreciation & Amortization | (16.21B) | (17.10B) | (17.62B) | (17.89B) | (18.35B) | 2.6% | |
Operating Income (EBIT) | 31.96B | 30.47B | 28.83B | 30.60B | 29.26B | -4.4% | |
| Non-Operating Items | |||||||
| Interest Income | 48.00M | 146.00M | 354.00M | 336.00M | 329.00M | -2.1% | |
| Interest Expense | (3.50B) | (3.58B) | (5.53B) | (6.65B) | (6.69B) | 0.6% | |
| Other Income/Expenses (Net) | -2.54B | -2.20B | -11.84B | -7.63B | -6.59B | -13.6% | |
Income Before Tax | 29.42B | 28.27B | 16.99B | 22.98B | 22.67B | -1.3% | |
| Income Tax Expense | (6.80B) | (6.52B) | (4.89B) | (5.03B) | (5.06B) | 0.7% | |
Net Income | 22.07B | 21.26B | 11.61B | 17.51B | 17.17B | -1.9% | |
| Per Share Metrics | |||||||
| Earnings Per Share (Basic) | $5 | $5 | $3 | $4 | $4 | -2.2% | |
| Weighted Avg Shares Outstanding | 4.15B | 4.20B | 4.21B | 4.22B | 4.23B | 0.2% | |
| Weighted Avg Shares Outstanding (Diluted) | 4.15B | 4.20B | 4.21B | 4.22B | 4.23B | 0.3% | |
EBITDA | 49.12B | 48.95B | 40.14B | 47.52B | 47.72B | 0.4% |
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VZ in the Communication Services
Large Cap