Financial insights of VZ

MyFinsight

For the year ending 2025-12-31, VZ made $138,191M in revenue. $17,174M in net income. Net profit margin of 12.43%.

Unit: Million (M) dollars (except for numbers of shares and EPS)

Income Statement	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Operating revenues	138,191	134,788	133,974	136,835
Cost of services and wireless equipment-Service	27,789	27,997	28,100	28,637
Cost of services and wireless equipment-Product	28,976	26,100	26,787	30,496
Selling, general and administrative expense	33,818	34,113	32,745	30,136
Depreciation and amortization expense	18,349	17,892	17,624	17,099
Verizon business group goodwill impairment	0	0	5,841	-
Total operating expenses	108,932	106,102	111,097	106,368
Interest expense	-	-	5,524	3,613
Operating income	29,259	28,686	22,877	30,467
Equity in earnings (losses) of unconsolidated businesses	0	-53	-53	44
Interest income	329	336	354	-
Other components of net periodic benefit (cost) income	827	-300	938	-
Net debt extinguishment gains	368	385	308	-
Other, net	237	-26	-37	-
Other income (expense), net	107	995	-313	1,373
Interest expense	6,694	6,649	-	-
Income before provision for income taxes	22,672	22,979	16,987	28,271
Provision for income taxes	5,064	5,030	4,892	6,523
Net income	17,608	17,949	12,095	21,748
Net income attributable to noncontrolling interests	434	443	481	492
Net income attributable to verizon	17,174	17,506	11,614	21,256

Net income attributable to verizon (in usd per share)	4.06	4.15	2.76	5.06
Net income attributable to verizon (in usd per share)	4.06	4.14	2.75	5.06
Weighted-average shares outstanding (in shares)	4,226,000,000	4,218,000,000	4,211,000,000	4,202,000,000
Weighted-average shares outstanding (in shares)	4,231,000,000	4,223,000,000	4,215,000,000	4,204,000,000