Verizon Communications Inc
Close on Nov 2, 2026Market cap $187.17BP/E 11.5Yield 6.07%
Verizon Communications Business Wholesale Revenue (Through FY2025Q4) by Year
Business Wholesale Revenue ($M) (Through FY2025Q4) ($M)
Verizon Communications Business Wholesale Revenue (Through FY2025Q4): $1,954M in 2025, down 11.7% from a year earlier. That is the lowest of the 8 years on record here.
Where the 2025 figure comes from
“|| Wholesale | 466 | 518 | (10.0) | 1,954 | 2,214 | (11.7)”
Source: Form 8-K EX-99 (0000732712-26-000003, filed 2026-01-30) ↗
Reported in Verizon Form 8-K (EX-99) & Financial and Operating Information (FOI).
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Business Wholesale Revenue ($M) (Through FY2025Q4) ($M) | Year on year | Source |
|---|---|---|---|---|
| 2025 | Dec 31, 2025 | 1,954 | -11.7% | Form 8-K EX-99 (0000732712-26-000003, filed 2026-01-30) ↗ |
| 2024 | Dec 31, 2024 | 2,214 | -5.0% | Form 8-K EX-99 (0000732712-26-000003, filed 2026-01-30) ↗ |
| 2023 | Dec 31, 2023 | 2,331 | -10.6% | Form 8-K EX-99 (0000732712-25-000003, filed 2025-01-24) ↗ |
| 2022 | Dec 31, 2022 | 2,607 | -4.2% | Form 8-K EX-99 (0000732712-24-000007, filed 2024-01-23) ↗ |
| 2021 | Dec 31, 2021 | 2,720 | -11.1% | Form 8-K EX-99 (0000732712-23-000007, filed 2023-01-24) ↗ |
| 2020 | Dec 31, 2020 | 3,058 | -5.6% | Form 8-K EX-99 (0000732712-22-000004, filed 2022-01-25) ↗ |
| 2019 | Dec 31, 2019 | 3,239 | -13.6% | Form 8-K EX-99 (0000732712-21-000003, filed 2021-01-26) ↗ |
| 2018 | Dec 31, 2018 | 3,748 | – | Form 8-K EX-99 (0000732712-20-000003, filed 2020-01-30) ↗ |
Cite this data
StockData. (2026). Verizon Communications Business Wholesale Revenue (Through FY2025Q4) ($M), annual 2018–2025 [Data set]. Compiled from Verizon Communications SEC filings and investor materials. https://stockdatahq.com/stocks/vz/kpis/vz-bus-wholesale-rev-leg
See every metric in the Verizon Communications KPI table. Data updated Oct 25, 2026.