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VERIZON COMMUNICATIONS INC

VZ
Telephone Communications No Radiotelephone
Last filing · Quarter 2 · Jun 30, 2026
Financial Statements Ratios
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Statement
Period
Annual Quarterly
Order
Format
% Change
Rows
USD ($)
$ in Millions, shares in Millions		LTMDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016Dec 31, 2015Dec 31, 2014Dec 31, 2013Dec 31, 2012Dec 31, 2011Dec 31, 2010Dec 31, 2009
Operating Revenues
                  
Service revenues and other
-
-
-
-
Wireless equipment revenues
-
-
-
-
Operating Revenues
138,895
138,191
134,788
133,974
Operating Expenses
                  
Cost of services (exclusive of items shown below)
-
-
-
-
Wireless cost of equipment
-
-
-
-
Cost of services and sales (exclusive of items shown below)
-
-
-
-
Selling, general and administrative expense
34,747
33,818
34,113
32,745
Depreciation and amortization expense
19,037
18,349
17,892
17,624
Verizon Business Group goodwill impairment
0
0
0
5,841
Total Operating Expenses
110,365
108,932
106,102
111,097
Operating Income
28,530
29,259
28,686
22,877
Equity in earnings (losses) of unconsolidated businesses
46
0
(53)
(53)
Other income (expense), net
420
107
995
(313)
Interest expense
(7,348)
(6,694)
(6,649)
(5,524)
Income Before Provision For Income Taxes
21,648
22,672
22,979
16,987
Provision for income taxes
5,049
5,064
5,030
4,892
Income Before Discontinued Operations and Extraordinary Item
-
-
-
-
Income from discontinued operations, net of tax
-
-
-
-
Extraordinary item, net of tax
-
-
-
-
Net Income
16,599
17,608
17,949
12,095
Net income attributable to noncontrolling interests
427
434
443
481
Net income attributable to Verizon
$ 16,172
$ 17,174
$ 17,506
$ 11,614
Basic Earnings Per Common Share
                  
Income before discontinued operations and extraordinary item attributable to Verizon
-
-
-
-
Income from discontinued operations attributable to Verizon, net of tax
-
-
-
-
Extraordinary item attributable to Verizon, net of tax
-
-
-
-
Net income attributable to Verizon (in USD per share)
3.84
4.06
4.15
2.76
Weighted-average shares outstanding (in shares)
4,186
4,226
4,218
4,211
Diluted Earnings Per Common Share
                  
Income before discontinued operations and extraordinary item attributable to Verizon
-
-
-
-
Income from discontinued operations attributable to Verizon, net of tax
-
-
-
-
Extraordinary item attributable to Verizon, net of tax
-
-
-
-
Net income attributable to Verizon (in USD per share)
$ 3.84
$ 4.06
$ 4.14
$ 2.75
Weighted-average shares outstanding (in shares)
4,190
4,231
4,223
4,215