vz: the income statement

MyFinsight

For the quarter ending 2025-09-30, VZ made $33,821M in revenue. $4,950M in net income. Net profit margin of 14.64%.

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

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Operating revenues	33,821	34,504	33,485	33,330
Cost of services and equipment-Service	6,863	6,878	6,950	7,193
Cost of services and equipment-Product	6,483	7,007	6,106	6,047
Selling, general and administrative expense	7,752	7,812	7,874	9,706
Depreciation and amortization expense	4,618	4,635	4,577	4,458
Total operating expenses	25,716	26,332	25,507	27,404
Operating income	8,105	8,172	7,978	5,926
Equity in losses of unconsolidated businesses	-6	-3	6	-24
Other income, net	92	79	121	72
Interest expense	1,664	1,639	1,632	1,672
Income before provision for income taxes	6,527	6,609	6,473	4,302
Provision for income taxes	1,471	1,488	1,490	891
Net income	5,056	5,121	4,983	3,411
Net income attributable to noncontrolling interests	106	118	104	105
Net income attributable to verizon	4,950	5,003	4,879	3,306

Net income attributable to verizon (usd per share)	1.17	1.18	1.16	0.78
Net income attributable to verizon (usd per share)	1.17	1.18	1.15	0.78
Weighted-average shares outstanding (in shares)	4,228,000,000	4,224,000,000	4,222,000,000	4,220,000,000
Weighted-average shares outstanding (in shares)	4,233,000,000	4,228,000,000	4,226,000,000	4,225,000,000