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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		Jun 30, 2026Mar 31, 2026Sep 30, 2025Jun 30, 2025Mar 31, 2025Sep 30, 2024Jun 30, 2024Mar 31, 2024Sep 30, 2023Jun 30, 2023Mar 31, 2023Sep 30, 2022Jun 30, 2022Mar 31, 2022Sep 30, 2021Jun 30, 2021Mar 31, 2021Sep 30, 2020Jun 30, 2020Mar 31, 2020Sep 30, 2019Jun 30, 2019Mar 31, 2019Sep 30, 2018Jun 30, 2018Mar 31, 2018Sep 30, 2017Jun 30, 2017Mar 31, 2017Sep 30, 2016Jun 30, 2016Mar 31, 2016Sep 30, 2015Jun 30, 2015Mar 31, 2015Sep 30, 2014Jun 30, 2014Mar 31, 2014Sep 30, 2013Jun 30, 2013Mar 31, 2013Sep 30, 2012Jun 30, 2012Mar 31, 2012Sep 30, 2011Jun 30, 2011Mar 31, 2011Sep 30, 2010Jun 30, 2010Mar 31, 2010Sep 30, 2009Jun 30, 2009
Operating Revenues
                                                    
Service revenues and other
-
-
-
-
-
-
-
-
-
-
-
-
Wireless equipment revenues
-
-
-
-
-
-
-
-
-
-
-
-
Operating Revenues
34,253
34,440
33,821
34,504
33,485
33,330
32,796
32,981
33,336
32,596
32,912
34,241
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
8,982
7,633
7,752
7,812
7,874
9,706
8,024
8,143
7,995
8,253
7,506
7,422
Depreciation and amortization expense
5,008
4,892
4,618
4,635
4,577
4,458
4,483
4,445
4,431
4,359
4,318
4,324
Total Operating Expenses
27,074
26,198
25,716
26,332
25,507
27,404
24,978
25,460
25,863
25,376
25,328
26,347
Operating Income
7,179
8,242
8,105
8,172
7,978
5,926
7,818
7,521
7,473
7,220
7,584
7,894
Equity in earnings (losses) of unconsolidated businesses
44
5
(6)
(3)
6
(24)
(14)
(9)
(18)
(33)
9
2
Other income, net
36
477
92
79
121
72
(72)
198
170
210
114
(439)
Interest expense
(1,985)
(1,940)
(1,664)
(1,639)
(1,632)
(1,672)
(1,698)
(1,635)
(1,433)
(1,285)
(1,207)
(937)
Income Before Provision For Income Taxes
5,274
6,784
6,527
6,609
6,473
4,302
6,034
6,075
6,192
6,112
6,500
6,520
Provision for income taxes
1,325
1,638
1,471
1,488
1,490
891
1,332
1,353
1,308
1,346
1,482
1,496
Net Income
3,949
5,146
5,056
5,121
4,983
3,411
4,702
4,722
4,884
4,766
5,018
5,024
Net income attributable to noncontrolling interests
114
101
106
118
104
105
109
120
122
118
109
124
Net income attributable to Verizon
$ 3,835
$ 5,045
$ 4,950
$ 5,003
$ 4,879
$ 3,306
$ 4,593
$ 4,602
$ 4,762
$ 4,648
$ 4,909
$ 4,900
Basic Earnings Per Common Share
                                                    
Net income attributable to Verizon (USD per share)
$ 0.92
$ 1.2
$ 1.17
$ 1.18
$ 1.16
$ 0.78
$ 1.09
$ 1.09
$ 1.13
$ 1.1
$ 1.17
$ 1.17
Weighted-average shares outstanding (in shares)
4,168
4,205
4,228
4,224
4,222
4,220
4,215
4,215
4,213
4,208
4,207
4,202
Diluted Earnings Per Common Share
                                                    
Net income attributable to Verizon (USD per share)
0.92
1.2
1.17
1.18
1.15
0.78
1.09
1.09
1.13
1.1
1.17
1.17
Weighted-average shares outstanding (in shares)
4,171
4,210
4,233
4,228
4,226
4,225
4,221
4,219
4,216
4,213
4,211
4,204
Dividends declared per common share (USD per share)
-
-
-
-
-
-
-
-
-
-
-
-