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Balance Sheet
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Income Overview
Revenue
$34,253M
Net Income
$3,835M
Net Profit Margin
11.20%
EPS
$0.92
Unit: Million (M) dollars
Revenue Breakdown
Operating Segments
Corporate And Reconciling Items
Revenue Breakdown
Service And Other
Verizon Consumer Group Segment
Verizon Business Group Segment
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Page 1
Quarterly
123
Page 1
Income Statement
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Operating revenues
34,253
34,440
36,381
33,821
Cost of services and equipment-Service
7,225
7,167
7,098
6,863
Cost of services and equipment-Product
5,859
6,506
9,380
6,483
Selling, general and administrative expense
8,982
7,633
10,380
7,752
Depreciation and amortization expense
5,008
4,892
4,519
4,618
Verizon business group goodwill impairment
-
-
0
-
Total operating expenses
27,074
26,198
31,377
25,716
Operating income
7,179
8,242
5,004
8,105
Equity in earnings (losses) of unconsolidated businesses
44
5
3
-6
Interest income
-
-
82*
-
Other components of net periodic benefit (cost) income
-
-
419*
-
Net debt extinguishment gains
-
-
92*
-
Other, net
-
-
59*
-
Other income, net
36
477
-185
92
Interest expense
1,985
1,940
1,759
1,664
Income before provision for income taxes
5,274
6,784
3,063
6,527
Provision for income taxes
1,325
1,638
615
1,471
Net income
3,949
5,146
2,448
5,056
Net income attributable to noncontrolling interests
114
101
106
106
Net income attributable to verizon
3,835
5,045
2,342
4,950
Basic EPS
0.92
1.2
0.554
1.17
Diluted EPS
0.92
1.2
0.553
1.17
Basic Average Shares
4,168,000,000
4,205,000,000
4,230,000,000
4,228,000,000
Diluted Average Shares
4,171,000,000
4,210,000,000
4,237,000,000
4,233,000,000
Page 1
Unit: Million (M) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.
Page 1
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Time Plot
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Income Statement
1
2
Operating Segments
$33,397M
(-1.55%↓ Y/Y)
Corporate And Reconciling
Items
$936M
(41.18%↑ Y/Y)
Operating revenues
$34,253M
(-0.73%↓ Y/Y)
Consolidation Eliminations
-$80M
(2.44%↑ Y/Y)
Operating income
$7,179M
(-12.15%↓ Y/Y)
Equity in earnings
(losses) of...
$44M
(1566.67%↑ Y/Y)
Other income, net
$36M
(-54.43%↓ Y/Y)
Total operating
expenses
$27,074M
(2.82%↑ Y/Y)
Income before
provision for income taxes
$5,274M
(-20.20%↓ Y/Y)
Interest expense
$1,985M
(21.11%↑ Y/Y)
Selling, general and
administrative expense
$8,982M
(14.98%↑ Y/Y)
Cost of services and
equipment-Service
$7,225M
(5.05%↑ Y/Y)
Cost of services and
equipment-Product
$5,859M
(-16.38%↓ Y/Y)
Depreciation and
amortization expense
$5,008M
(8.05%↑ Y/Y)
Net income
$3,949M
(-22.89%↓ Y/Y)
Provision for income taxes
$1,325M
(-10.95%↓ Y/Y)
Net income
attributable to verizon
$3,835M
(-23.35%↓ Y/Y)
Net income
attributable to...
$114M
(-3.39%↓ Y/Y)
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VERIZON COMMUNICATIONS INC (VZ)
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VERIZON COMMUNICATIONS INC (VZ)
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