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) Revenue growth
VEON Ltd.'s revenue growth over the twelve months to 30 June 2026 was 14.7%, up 4.8 percentage points from fiscal 2025 (9.87%). Over the past ten years it has ranged from −47.2% (fiscal 2021) to 9.87% (fiscal 2025) — the current reading is the highest in ten years. That is above the Telecom Services industry median of 5.40% and above the Communication Services sector median of 5.07%.
Revenue growth, annual
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Annual newest first
| Period | Revenue growth | Change (points) |
|---|---|---|
| FY2025 | 9.87% | 1.60 |
| FY2024 | 8.27% | 9.79 |
| FY2023 | −1.52% | 0.95 |
| FY2022 | −2.47% | 44.73 |
| FY2021 | −47.2% | (29.46) |
| FY2020 | −17.7% | (15.29) |
| FY2019 | −2.45% | 1.65 |
| FY2018 | −4.10% | (10.73) |
| FY2017 | 6.63% | 14.14 |
| FY2016 | −7.51% | 21.26 |
Quarterly newest first
| Period | Revenue growth | Change (points) |
|---|---|---|
| Jun 2026 | 16.9% | (0.13) |
| Mar 2026 | 17.1% | (0.27) |
| Dec 2025 | 17.3% | 9.81 |
| Sep 2025 | 7.52% | 1.68 |
| 42 more quarters | Free account |
Against its own ten years
Revenue growth against peers
| Company | Revenue growth |
|---|---|
| TKC Turkcell Iletisim Hizmetleri AS compare | 15.5% |
| VEON VEON Ltd. | 14.7% |
| LBTYB Liberty Global Ltd compare | 5.43% |
| LBTYK Liberty Global Ltd compare | 5.43% |
| LBTYA Liberty Global Ltd compare | 5.43% |
| IRDM Iridium Communications Inc compare | 3.59% |
| PHI PLDT Inc. compare | −1.98% |
| LUMN Lumen Technologies, Inc. compare | −9.69% |
| TDS Telephone and Data Systems, Inc. compare | −58.8% |
| Telecom Services industry median | 5.40% |
| Communication Services sector median | 5.07% |
| Market median | 7.58% |
What Revenue growth is
Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.
(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|
More on VEON
- Revenue
- 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
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement