stockrowVEON 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
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VEON Ltd. (VEON) Net margin
VEON Ltd.'s net margin over the twelve months to 30 June 2026 was 1.24%, down 10.8 percentage points from fiscal 2025 (12.1%). Over the past ten years it has ranged from −68.4% (fiscal 2023) to 26.2% (fiscal 2016); the current reading is higher than 82% of that period. That is below the Telecom Services industry median of 6.67% and above the Communication Services sector median of 0.00%.
Net margin, annual
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Annual newest first
| Period | Net margin | Change (points) |
|---|---|---|
| FY2025 | 12.1% | 1.73 |
| FY2024 | 10.4% | 78.72 |
| FY2023 | −68.4% | (64.05) |
| FY2022 | −4.31% | (21.82) |
| FY2021 | 17.5% | 22.30 |
| FY2020 | −4.79% | (11.80) |
| FY2019 | 7.01% | 0.60 |
| FY2018 | 6.41% | 11.74 |
| FY2017 | −5.33% | (31.53) |
| FY2016 | 26.2% | 33.02 |
Quarterly newest first
| Period | Net margin | Change (points) |
|---|---|---|
| Jun 2026 | 9.60% | 1.36 |
| Mar 2026 | 8.24% | 10.89 |
| Dec 2025 | −2.65% | 9.10 |
| Sep 2025 | −11.8% | (66.49) |
| 42 more quarters | Free account |
Against its own ten years
Net margin against peers
| Company | Net margin |
|---|---|
| TDS Telephone and Data Systems, Inc. compare | 27.7% |
| IRDM Iridium Communications Inc compare | 18.1% |
| PHI PLDT Inc. compare | 12.1% |
| TKC Turkcell Iletisim Hizmetleri AS compare | 7.21% |
| VEON VEON Ltd. | 1.24% |
| LUMN Lumen Technologies, Inc. compare | −5.83% |
| LBTYB Liberty Global Ltd compare | −62.1% |
| LBTYK Liberty Global Ltd compare | −62.1% |
| LBTYA Liberty Global Ltd compare | −62.1% |
| Telecom Services industry median | 6.67% |
| Communication Services sector median | 0.00% |
| Market median | 1.06% |
What Net margin is
Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.
Net Income Allotted to Shareholders ÷ Revenue
More on VEON
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating 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