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. revenue by segment
By business segment
| Revenue | Q2 26 | Q2 25 | Q2 24 | Q2 23 | Q2 22 | Q4 21 | Q3 21 | Q2 21 | Q4 20 | Q3 20 | Q2 20 | Q2 19 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Pakistan | $500.00M | $395.00M | $348.00M | $270.00M | $325.00M | $341.00M | $349.00M | $371.00M | $325.00M | $303.00M | $288.00M | $348.00M | 39.3% | +26.6% |
| Ukraine | $341.00M | $285.00M | $237.00M | $236.00M | $252.00M | $283.00M | $271.00M | $257.00M | $237.00M | $235.00M | $223.00M | $212.00M | 26.8% | +19.6% |
| Kazakhstan | $226.00M | $202.00M | $226.00M | $188.00M | $159.00M | $154.00M | $150.00M | $138.00M | $129.00M | $122.00M | $112.00M | $150.00M | 17.8% | +11.9% |
| Bangladesh | $120.00M | $117.00M | $142.00M | $144.00M | $148.00M | $144.00M | $145.00M | $140.00M | $134.00M | $136.00M | $131.00M | $137.00M | 9.4% | +2.6% |
| Uzbekistan | $84.00M | $74.00M | $67.00M | $66.00M | $55.00M | $51.00M | $52.00M | $46.00M | $48.00M | $48.00M | $47.00M | $67.00M | 6.6% | +13.5% |
| Algeria segment | – | – | – | – | – | – | – | $162.00M | – | – | $160.00M | $187.00M | – | – |
| Russia | – | – | – | – | $1.05B | $1.07B | $1.03B | $939.00M | $945.00M | $946.00M | $907.00M | $1.12B | – | – |
| Others | – | $14.00M | $13.00M | $13.00M | $19.00M | – | $22.00M | $20.00M | – | $36.00M | $32.00M | $45.00M | – | – |
By product or service
| Revenue | Q2 26 | Q2 25 | Q2 24 | Q2 23 | Q2 22 | Q4 21 | Q3 21 | Q2 21 | Q4 20 | Q3 20 | Q2 20 | Q2 19 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Telecommunication and infrastructure | $929.00M | $864.00M | – | – | – | – | – | – | – | – | – | – | 73.1% | +7.5% |
| Other digital services | $193.00M | $119.00M | – | – | – | – | – | – | – | – | – | – | 15.2% | +62.2% |
| Digital financial services | $149.00M | $104.00M | – | – | – | – | – | – | – | – | – | – | 11.7% | +43.3% |
| Fixed | – | – | – | – | – | – | – | – | – | – | – | $185.00M | – | – |
| Mobile | – | – | – | – | – | – | – | – | – | – | – | $2.08B | – | – |
By region
From the segment and revenue-disaggregation notes of VEON's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.