VZNYSETelephone Communications (No Radiotelephone)Fiscal year ends December 31
VERIZON COMMUNICATIONS INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 31, 2026
$44.15−0.64 (-1.43%)
Close on Oct 19, 2026
- Market cap
- $184.15B
- P/E (TTM)
- 11.5
- Dividend yield
- 6.19%
VERIZON COMMUNICATIONS INC revenue by segment
By business segment
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Consumer | $106.81B | $102.90B | $101.63B | $103.51B | $95.30B | $88.53B | – | – | – | – | 77.3% | +3.8% |
| Business | $29.07B | $29.53B | $30.12B | $31.07B | $31.04B | $30.96B | – | – | – | – | 21.0% | -1.6% |
| Wireless | – | – | – | – | – | – | – | $91.73B | $87.51B | $89.19B | – | – |
| Wireline | – | – | – | – | – | – | – | $29.76B | $30.68B | $30.51B | – | – |
| Consumer | – | – | – | – | $95.30B | $88.53B | $91.06B | $89.76B | $87.05B | – | – | – |
| Business | – | – | – | – | $31.04B | $30.96B | $31.44B | $31.53B | $30.91B | – | – | – |
| Operating income | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Consumer | $29.63B | $29.48B | $29.01B | $28.85B | $29.96B | $28.86B | – | – | – | – | +0.5% |
| Business | $2.53B | $2.06B | $2.07B | $2.63B | $3.44B | $3.77B | – | – | – | – | +23.0% |
| Wireless | – | – | – | – | – | – | – | $32.82B | $29.21B | $29.85B | – |
| Wireline | – | – | – | – | – | – | – | -$273.00M | $380.00M | -$294.00M | – |
| Consumer | – | – | – | – | $29.96B | $28.86B | $28.96B | $28.01B | $25.76B | – | – |
| Business | – | – | – | – | $3.44B | $3.77B | $3.76B | $4.17B | $3.45B | – | – |
By product or service
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Service revenues and other | $112.72B | $111.57B | $109.65B | $109.63B | $110.45B | $109.87B | $110.31B | $108.61B | $107.15B | $108.47B | 81.6% | +1.0% |
| Wireless service | $83.70B | $82.07B | $79.53B | $74.35B | $68.47B | $65.41B | $64.98B | $62.94B | $63.05B | – | 60.6% | +2.0% |
| Wireless equipment | $25.47B | $23.22B | $24.32B | $27.21B | $23.16B | $18.42B | $18.05B | $22.26B | $18.89B | $17.51B | 18.4% | +9.7% |
| Fios Revenues | $12.92B | $12.90B | $12.85B | $12.82B | $12.69B | $12.14B | $12.14B | $11.94B | $11.69B | – | 9.4% | +0.2% |
| Service | – | – | – | – | – | – | – | – | – | $66.36B | – | – |
| Mass Markets Consumer Retail | – | – | – | – | – | – | – | – | – | $12.75B | – | – |
| Global Enterprise | – | – | – | – | – | – | – | – | – | $11.62B | – | – |
| Global Wholesale | – | – | – | – | – | – | – | – | – | $4.05B | – | – |
| Other | – | – | – | – | – | – | – | – | – | $320.00M | – | – |
| Intersegment Revenues | – | – | – | – | – | – | – | – | – | $1.35B | – | – |
| Mass Markets | – | – | – | – | – | – | – | – | – | $14.40B | – | – |
| Mass Markets Small Business | – | – | – | – | – | – | – | – | – | $1.65B | – | – |
| Other External Operating Non-Service Revenues | – | – | – | – | – | – | – | – | – | $4.92B | – | – |
| Equipment | – | – | – | – | – | – | – | – | – | $17.51B | – | – |
| Service | – | – | – | – | $67.72B | $64.88B | $65.38B | $64.21B | $63.77B | – | – | – |
| Other | – | – | – | – | $7.57B | $7.92B | $7.38B | $6.45B | $5.74B | – | – | – |
| Global Enterprise | – | – | – | – | $10.22B | $10.41B | $10.82B | $11.20B | $11.44B | – | – | – |
| Small and Medium Business | – | – | – | – | $11.75B | $11.11B | $11.45B | $10.73B | $9.79B | – | – | – |
| Public Sector and Other | – | – | – | – | $6.32B | $6.36B | $5.92B | $5.83B | $5.65B | – | – | – |
| Wholesale | – | – | – | – | $2.68B | $3.01B | $3.20B | $3.71B | $3.98B | – | – | – |
| Telematics Business Branded Verizon Connect | – | – | – | – | – | – | – | $1.00B | – | – | – | – |
| Media Business | – | – | – | – | $5.30B | $7.00B | $7.50B | $7.70B | – | – | – | – |
By region
From the segment and revenue-disaggregation notes of Verizon Communications'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.