VEONNasdaqRadiotelephone CommunicationsFiscal year ends December 31

VEON Ltd.

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 20-F on Mar 16, 2026

$82.18−1.02 (-1.23%)

Close on Oct 19, 2026

Market cap: $145.71B
P/E (TTM): 273.9
Dividend yield: 0.00%

VEON Ltd. balance sheet

Annual Quarterly

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31	FY 2014 2014-12-31
Cash & Equivalents	1,732	1,689	1,902	3,107	2,252	1,669	1,250	1,808	1,314	2,942	3,614	6,342
Cash & Short-Term Investments	1,732	1,689	1,902	3,107	2,252	1,669	1,250	1,808	1,314	2,942	3,614	6,342
Receivables	266	448	542	456	690	572	512	577	755	685	–	–
Inventory	32	15	23	18	111	111	169	141	72	125	–	–
Other Current Assets	216	241	200	208	344	335	354	367	648	439	–	–
Total Current Assets	3,113	–	–	–	3,553	2,850	2,499	3,110	3,919	4,550	–	–
Property, Plant & Equipment	–	–	–	2,848	6,717	6,879	7,340	4,932	6,237	6,719	6,239	–
Operating Lease Right-of-Use Assets	–	861	821	706	1,833	1,734	1,985	2,023	–	–	–	–
Goodwill	399	338	349	394	1,542	2,682	3,959	3,816	4,618	4,696	4,223	–
Intangible Assets	–	–	–	–	–	–	–	1,839	2,168	2,257	2,224	–
Deferred Tax Assets	418	368	312	274	228	186	134	197	336	343	–	–
Other Long-Term Assets	203	192	178	157	216	179	163	135	263	118	–	–
Total Assets	9,215	8,036	8,218	15,083	15,921	14,551	16,059	14,102	19,484	21,193	–	–
Accounts Payable	1,442	1,276	1,200	1,087	2,031	1,946	1,847	1,624	1,544	1,744	–	–
Current Portion of Leases	–	–	–	–	–	–	–	361	–	–	–	–
Current Income Taxes Payable	88	179	154	180	228	175	102	196	48	57	–	–
Other Current Liabilities	539	432	457	475	773	883	1,012	1,066	1,401	1,236	–	–
Total Current Liabilities	3,432	3,626	3,584	4,645	4,383	4,410	5,768	4,413	4,635	6,557	–	–
Long-Term Leases	–	–	–	–	–	–	–	1,638	–	–	–	–
Operating Lease Liabilities	–	–	–	–	–	–	–	2,003	–	–	–	–
Deferred Tax Liabilities	41	27	26	36	115	127	141	180	376	331	–	–
Other Long-Term Liabilities	18	22	29	20	36	28	33	53	83	44	–	–
Total Liabilities	7,581	6,779	7,147	14,316	14,416	13,538	13,839	11,327	15,537	15,150	–	–
Shareholders' Equity	1,340	1,099	858	569	586	163	1,226	3,670	4,331	5,960	–	–
Noncontrolling Interest	294	158	213	198	919	850	994	-891	-441	83	–	–
Total Equity	1,634	1,257	1,071	767	1,505	1,013	2,220	2,775	3,947	6,043	3,894	3,976
Total Liabilities & Equity	9,215	8,036	8,218	15,083	15,921	14,551	16,059	14,102	19,484	21,193	–	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, FY2025

Gross margin: –
Operating margin: 32.7%
Net margin: –
Return on equity, FY2025: –

Financial strength

Current ratio: –
Debt to equity: –
Debt to assets: –
Cash to current liabilities: –

Valuation

P/E ratio: 273.9
Price to sales: 33.12
Price to book: 96.30
Dividend yield: 0.00%