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
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VEON Ltd. (VEON) Operating cash flow
VEON Ltd.'s operating cash flow for fiscal 2025 was $1.4B, up 17.7% from $1.2B in fiscal 2024. Over the twelve months to 30 June 2026 it was $1.6B. Over the past ten years it has ranged from $1.2B (fiscal 2024) to $2.9B (fiscal 2019); the current reading is higher than 18% of that period. VEON Ltd. ranks 20th of 55 Telecom Services companies by operating cash flow.
Operating cash flow, annual
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Annual newest first
| Period | Operating cash flow | Change |
|---|---|---|
| FY2025 | $1.4B | 17.65% |
| FY2024 | $1.2B | (45.52%) |
| FY2023 | $2.1B | (17.44%) |
| FY2022 | $2.6B | (3.07%) |
| FY2021 | $2.6B | 7.98% |
| FY2020 | $2.4B | (17.16%) |
| FY2019 | $2.9B | 17.26% |
| FY2018 | $2.5B | 1.62% |
| FY2017 | $2.5B | 32.00% |
| FY2016 | $1.9B | (7.77%) |
Quarterly newest first
| Period | Operating cash flow | Change |
|---|---|---|
| Jun 2026 | $464.0M | 17.17% |
| Mar 2026 | $396.0M | (14.10%) |
| Dec 2025 | $461.0M | 42.72% |
| Sep 2025 | $323.0M | 137.50% |
| 42 more quarters | Free account |
Against its own ten years
Operating cash flow against peers
| Company | Operating cash flow |
|---|---|
| LUMN Lumen Technologies, Inc. compare | $3.4B |
| TKC Turkcell Iletisim Hizmetleri AS compare | $2.4B |
| VEON VEON Ltd. | $1.6B |
| PHI PLDT Inc. compare | $1.6B |
| LBTYB Liberty Global Ltd compare | $1.3B |
| LBTYK Liberty Global Ltd compare | $1.3B |
| LBTYA Liberty Global Ltd compare | $1.3B |
| IRDM Iridium Communications Inc compare | $390.3M |
| TDS Telephone and Data Systems, Inc. compare | $105.7M |
What Operating cash flow is
Operating Cash Flow shows how much cash a company’s day-to-day business actually brings in, after paying suppliers, staff and taxes.
Reported line item
More on VEON
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free 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