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Verizon Communications Inc.

VZ Communication Services Telecom Services

Verizon Communications Inc.’s revenue for fiscal 2025 (year ended December 2025) was $138.2 billion, up 2.52% from fiscal 2024. In the quarter to June 2026, revenue was flat, EPS fell 22.0%, free cash flow grew 5.91% and total debt rose 13.2%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years.

44.66 0.26 +0.59%
Market cap
$184.5B
P/E
11.6×
Fwd P/E
9.4×
Dividend yield
6.30%
F-score
4/9
Altman Z
1.24
Beneish M
−2.69
Dividend safety
52/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Verizon Communications Inc. (VZ) Revenue

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Verizon Communications Inc.'s revenue for fiscal 2025 was $138.2B, unchanged from fiscal 2024. Over the twelve months to 30 June 2026 it was $138.9B. Over the past ten years it has ranged from $126.0B (fiscal 2016) to $138.2B (fiscal 2025) — the current reading is the highest in ten years. Verizon Communications Inc. ranks 1st of 53 Telecom Services companies by revenue.

Revenue, annual

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Annual newest first

Period Revenue Change
FY2025 $138.2B 2.52%
FY2024 $134.8B 0.61%
FY2023 $134.0B (2.09%)
FY2022 $136.8B 2.41%
FY2021 $133.6B 4.15%
FY2020 $128.3B (2.71%)
FY2019 $131.9B 0.77%
FY2018 $130.9B 3.83%
FY2017 $126.0B 0.04%
FY2016 $126.0B (4.29%)

Quarterly newest first

Period Revenue Change
Jun 2026 $34.3B (0.54%)
Mar 2026 $34.4B (5.34%)
Dec 2025 $36.4B 7.57%
Sep 2025 $33.8B (1.98%)
42 more quarters

Against its own ten years

Low $126.0B High $138.2B
Ten-year median $131.9B
Current reading's percentile 100

Revenue against peers

Company Revenue
VZ Verizon Communications Inc. $138.9B
T AT&T Inc. compare $127.2B
CMCSA Comcast Corporation compare $124.9B
VOD Vodafone Group PLC compare $94.8B
ORANY Orange compare $93.8B
TMUS T-Mobile US, Inc. compare $92.2B
AMX America Movil, S.A.B. de C.V. Unsponsored ADR compare $56.5B
ECHO EchoStar Corporation compare $14.7B
CHT Chunghwa Telecom Co., Ltd. compare $7.8B

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

The full definition of Revenue →

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