Verizon Communications In... (VZ)

NYSE: VZ · Real-Time Price · USD

43.37

-0.69 (-1.57%)

At close: May 01, 2025, 2:07 PM

Verizon Communications Income Statement

Financials in USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Revenue	134.79B	133.97B	136.84B	133.61B	128.29B	131.87B	130.86B	126.03B	125.98B
Cost of Revenue	54.1B	54.89B	59.13B	56.3B	51.2B	54.73B	55.51B	53.06B	52.7B
Gross Profit	80.69B	79.09B	77.7B	77.31B	77.09B	77.14B	75.36B	72.97B	73.28B
Operating Income	28.69B	22.88B	30.47B	32.45B	28.8B	30.38B	22.28B	27.43B	29.25B
Interest Income	336M	354M	146M	48M	65M	121M	94M	82M	59M
Pretax Income	22.98B	16.99B	28.27B	29.42B	23.97B	22.73B	19.62B	20.59B	20.99B
Net Income	17.51B	11.61B	21.26B	22.07B	17.8B	19.27B	15.53B	30.1B	13.13B
Selling & General & Admin	34.11B	31.3B	30.14B	28.66B	31.57B	29.9B	31.08B	26.82B	27.09B
Research & Development	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Other Expenses	17.89B	24.91B	2.3B	3.81B	-475M	583M	3B	-120M	-3.85B
Operating Expenses	52.01B	56.21B	47.23B	44.86B	48.29B	46.58B	48.49B	43.77B	43.02B
Interest Expense	6.65B	5.52B	3.61B	3.48B	4.25B	4.73B	4.83B	4.73B	4.38B
Selling & Marketing Expenses	n/a	3.85B	3.56B	3.39B	3.11B	3.07B	2.68B	2.64B	2.74B
Cost & Expenses	106.1B	111.1B	106.37B	101.17B	99.49B	101.3B	103.99B	96.83B	95.72B
Income Tax Expense	5.03B	4.89B	6.52B	6.8B	5.62B	2.94B	3.58B	-9.96B	7.38B
Shares Outstanding (Basic)	4.22B	4.21B	4.2B	4.15B	4.14B	4.14B	4.13B	4.08B	4.08B
Shares Outstanding (Diluted)	4.22B	4.21B	4.2B	4.15B	4.14B	4.14B	4.13B	4.09B	4.09B
EPS (Basic)	4.15	2.76	5.06	5.32	4.30	4.66	3.76	7.37	3.22
EPS (Diluted)	4.15	2.75	5.06	5.32	4.30	4.65	3.76	7.36	3.21
EBITDA	47.52B	40.14B	48.6B	52.87B	48.11B	48B	47.04B	46.54B	45.77B
EBIT	29.63B	22.51B	31.88B	32.91B	28.21B	31.32B	29.64B	29.58B	29.84B
Depreciation & Amortization	17.89B	17.62B	17.1B	16.21B	16.72B	16.68B	17.4B	16.95B	15.93B