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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) Revenue
VEON Ltd.'s revenue for fiscal 2025 was $4.4B, up 9.87% from $4.0B in fiscal 2024. Over the twelve months to 30 June 2026 it was $4.8B. Over the past ten years it has ranged from $3.7B (fiscal 2023) to $9.6B (fiscal 2015); the current reading is higher than 45% of that period. VEON Ltd. ranks 25th of 53 Telecom Services companies by revenue.
Revenue, annual
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Annual newest first
| Period | Revenue | Change |
|---|---|---|
| FY2025 | $4.4B | 9.87% |
| FY2024 | $4.0B | 8.27% |
| FY2023 | $3.7B | (1.52%) |
| FY2022 | $3.8B | (2.47%) |
| FY2021 | $3.9B | (47.20%) |
| FY2020 | $7.3B | (17.74%) |
| FY2019 | $8.9B | (2.45%) |
| FY2018 | $9.1B | (4.10%) |
| FY2017 | $9.5B | 6.63% |
| FY2016 | $8.9B | (7.51%) |
Quarterly newest first
| Period | Revenue | Change |
|---|---|---|
| Jun 2026 | $1.3B | 5.83% |
| Mar 2026 | $1.2B | 2.56% |
| Dec 2025 | $1.2B | 5.02% |
| Sep 2025 | $1.1B | 2.58% |
| 42 more quarters | Free account |
Against its own ten years
Low $3.7B
High $9.6B
Ten-year median
$7.3B
Current reading's percentile
45
Revenue against peers
| Company | Revenue |
|---|---|
| LUMN Lumen Technologies, Inc. compare | $11.5B |
| TKC Turkcell Iletisim Hizmetleri AS compare | $6.6B |
| LBTYB Liberty Global Ltd compare | $4.9B |
| LBTYK Liberty Global Ltd compare | $4.9B |
| LBTYA Liberty Global Ltd compare | $4.9B |
| VEON VEON Ltd. | $4.8B |
| PHI PLDT Inc. compare | $3.7B |
| TDS Telephone and Data Systems, Inc. compare | $1.3B |
| IRDM Iridium Communications Inc compare | $903.0M |
What Revenue is
Revenue tells an investor how much a company brought in from selling its goods and services over a period, before any costs are taken out.
Reported line item
More on VEON
- Net income
- EPS (diluted)
- EBITDA
- 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