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VERIZON COMMUNICATIONS INC (VZ)

For the quarter ending 2025-06-30, VZ made $34,504M in revenue. $5,003M in net income. Net profit margin of 14.50%.

Overview

Revenue
$34,504M
Net Income
$5,003M
Net Profit Margin
14.50%
EPS
$1.18
Unit: Million (M) dollars
Revenue Breakdown
    • Operating Segments
    • Corporate And Reconciling Items

Unit: Million (M) dollars (except for numbers of shares and EPS)
2025-06-30
2025-03-31
2024-09-30
2024-06-30
Operating revenues34,504 33,485 33,330 32,796
Selling, general and administrative expense7,812 7,874 9,706 8,024
Depreciation and amortization expense4,635 4,577 4,458 4,483
Cost of services and equipment-Service6,878 6,950 7,193 6,904
Cost of services and equipment-Product7,007 6,106 6,047 5,567
Total operating expenses26,332 25,507 27,404 24,978
Operating income8,172 7,978 5,926 7,818
Interest expense1,639 1,632 1,672 -
Equity in earnings (losses) of unconsolidated businesses-3 6 -24 -14
Other income (expense), net79 121 72 -72
Interest expense- - - 1,698
Income before provision for income taxes6,609 6,473 4,302 6,034
Provision for income taxes1,488 1,490 891 1,332
Net income5,121 4,983 3,411 4,702
Net income attributable to noncontrolling interests118 104 105 109
Net income attributable to verizon5,003 4,879 3,306 4,593
Net income attributable to verizon (usd per share)1.18 1.16 0.78 1.09
Net income attributable to verizon (usd per share)1.18 1.15 0.78 1.09
Weighted-average shares outstanding (in shares)4,224,000,000 4,222,000,000 4,220,000,000 4,215,000,000
Weighted-average shares outstanding (in shares)4,228,000,000 4,226,000,000 4,225,000,000 4,221,000,000
Unit: Million (M) dollars (except for numbers of shares and EPS)

Income Statement

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Operating Segments$33,923M (5.26%↑ Y/Y)Corporate And ReconcilingItems$663M (4.74%↑ Y/Y)Operating revenues$34,504M (5.21%↑ Y/Y)Consolidation Eliminations-$82M (-28.13%↓ Y/Y)Operating income$8,172M (4.53%↑ Y/Y)Other income(expense), net$79M (209.72%↑ Y/Y)Total operatingexpenses$26,332M (5.42%↑ Y/Y)Income beforeprovision for income taxes$6,609M (9.53%↑ Y/Y)Equity in earnings(losses) of...-$3M (78.57%↑ Y/Y)Interest expense$1,639M Cost of services andequipment-Product$7,007M (25.87%↑ Y/Y)Cost of services andequipment-Service$6,878M (-0.38%↓ Y/Y)Depreciation andamortization expense$4,635M (3.39%↑ Y/Y)Selling, general andadministrative expense$7,812M (-2.64%↓ Y/Y)Net income$5,121M (8.91%↑ Y/Y)Provision for income taxes$1,488M (11.71%↑ Y/Y)Net incomeattributable to verizon$5,003M (8.93%↑ Y/Y)Net incomeattributable to...$118M (8.26%↑ Y/Y)