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Friday 6 November 2026
Export VEON’s income statement to Excel — free account
VEON Ltd.
VEON Communication Services Telecom Services
VEON Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $4.4 billion, up 9.87% from fiscal 2024.
- Revenue
- +16.9%
- EPS
- −79.6%
- Free cash flow
- +431.6%
- Total debt
- +19.1%
Quarter to June 2026, against a year earlier
79.50
4.16
+5.52%
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VEON Ltd. (VEON) EBITDA
VEON Ltd.'s EBITDA for fiscal 2025 was $2.3B, up 22.2% from $1.8B in fiscal 2024. Over the twelve months to 30 June 2026 it was $1.9B. Over the past ten years it has ranged from $1.7B (fiscal 2023) to $4.2B (fiscal 2019); the current reading is higher than 45% of that period. VEON Ltd. ranks 18th of 53 Telecom Services companies by EBITDA.
EBITDA, annual
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Annual newest first
| Period | EBITDA | Change |
|---|---|---|
| FY2025 | $2.3B | 22.22% |
| FY2024 | $1.8B | 11.04% |
| FY2023 | $1.7B | (9.60%) |
| FY2022 | $1.8B | (0.81%) |
| FY2021 | $1.8B | (39.12%) |
| FY2020 | $3.0B | (27.22%) |
| FY2019 | $4.2B | 28.56% |
| FY2018 | $3.2B | (8.85%) |
| FY2017 | $3.6B | 17.91% |
| FY2016 | $3.0B | 16.56% |
Quarterly newest first
| Period | EBITDA | Change |
|---|---|---|
| Jun 2026 | $576.0M | 11.41% |
| Mar 2026 | $517.0M | (2.08%) |
| Dec 2025 | $528.0M | 98.50% |
| Sep 2025 | $266.0M | (73.84%) |
| 42 more quarters | Free account |
Against its own ten years
Low $1.7B
High $4.2B
Ten-year median
$2.6B
Current reading's percentile
45
EBITDA against peers
| Company | EBITDA |
|---|---|
| LUMN Lumen Technologies, Inc. compare | $2.8B |
| TKC Turkcell Iletisim Hizmetleri AS compare | $2.7B |
| VEON VEON Ltd. | $1.9B |
| PHI PLDT Inc. compare | $1.8B |
| LBTYB Liberty Global Ltd compare | $1.0B |
| LBTYK Liberty Global Ltd compare | $1.0B |
| LBTYA Liberty Global Ltd compare | $1.0B |
| TDS Telephone and Data Systems, Inc. compare | $822.1M |
| IRDM Iridium Communications Inc compare | $396.8M |
What EBITDA is
EBITDA shows what a company earns from its operations before interest, taxes and the non-cash charges for depreciation and amortization.
Reported line item
More on VEON
- Revenue
- Net income
- EPS (diluted)
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement