Financial insights of VZ

MyFinsight

Income Statement	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Operating revenues	34,440	36,381	33,821	34,504
Cost of services and equipment-Service	7,167	7,098	6,863	6,878
Cost of services and equipment-Product	6,506	9,380	6,483	7,007
Selling, general and administrative expense	7,633	10,380	7,752	7,812
Depreciation and amortization expense	4,892	4,519	4,618	4,635
Verizon business group goodwill impairment	NaN	0	NaN	NaN
Total operating expenses	26,198	31,377	25,716	26,332
Operating income	8,242	5,004	8,105	8,172
Equity in earnings of unconsolidated businesses	5	3	-6	-3
Interest income	NaN	82*	NaN	NaN
Other components of net periodic benefit (cost) income	NaN	419*	NaN	NaN
Net debt extinguishment gains	NaN	92*	NaN	NaN
Other, net	NaN	59*	NaN	NaN
Other income, net	477	-185	92	79
Interest expense	1,940	1,759	1,664	1,639
Income before provision for income taxes	6,784	3,063	6,527	6,609
Provision for income taxes	1,638	615	1,471	1,488
Net income	5,146	2,448	5,056	5,121
Net income attributable to noncontrolling interests	101	106	106	118
Net income attributable to verizon	5,045	2,342	4,950	5,003

Basic EPS	1.2	0.554	1.17	1.18
Diluted EPS	1.2	0.553	1.17	1.18
Basic Average Shares	4,205,000,000	4,230,000,000	4,228,000,000	4,224,000,000
Diluted Average Shares	4,210,000,000	4,237,000,000	4,233,000,000	4,228,000,000

Unit: Million (M) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.