VERIZON COMMUNICATIONS INC VZ

NYSE · stock · Telephone Communications (No Radiotelephone) · website · IPO 1984-02-15 · LEI

VERIZON COMMUNICATIONS INC financials (annual)

Revenue

Net income

Bars are annual figures from 2016 to 2025; red bars are negative (a loss or cash outflow).

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Revenue	$138.2B	$134.8B	$134.0B	$136.8B	$133.6B	$128.3B	$131.9B	$130.9B	$126.0B	$126.0B
SG&A expense	$33.8B	$34.1B	$32.7B	$30.1B	$28.7B	$31.6B	$29.9B	$31.1B	$28.6B	$28.1B
Operating income	$29.3B	$28.7B	$22.9B	$30.5B	$32.4B	$28.8B	$30.4B	$22.3B	$27.4B	$29.2B
Interest expense	—	—	$5.5B	$3.6B	$3.5B	$4.2B	$4.7B	$4.8B	$4.7B	$4.4B
Income tax	$5.1B	$5.0B	$4.9B	$6.5B	$6.8B	$5.6B	$2.9B	$3.6B	-$10.0B	$7.4B
Net income	$17.2B	$17.5B	$11.6B	$21.3B	$22.1B	$17.8B	$19.3B	$15.5B	$30.1B	$13.1B
EPS (diluted)	$4.06	$4.14	$2.75	$5.06	$5.32	$4.30	$4.65	$3.76	$7.36	$3.21
Operating cash flow	$37.1B	$36.9B	$37.5B	$37.1B	$39.5B	$41.8B	$35.7B	$34.3B	$24.3B	$21.7B
Cash & equivalents	$19.0B	$4.2B	$2.1B	$2.6B	$2.9B	$22.2B	$2.6B	$2.7B	$2.1B	$2.9B
Inventory	$2.4B	$2.2B	$2.1B	$2.4B	$3.1B	$1.8B	$1.4B	$1.3B	$1.0B	$1.2B
Total assets	$404.3B	$384.7B	$380.3B	$379.7B	$366.6B	$316.5B	$291.7B	$264.8B	$257.1B	$244.2B
Shareholders' equity	$105.7B	$100.6B	$93.8B	$92.5B	$83.2B	$69.3B	$62.8B	$54.7B	$44.7B	$24.0B

Growth · year-over-year · Revenue CAGR 1%

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Revenue growth	+2.5%	+0.6%	-2.1%	+2.4%	+4.1%	-2.7%	+0.8%	+3.8%	+0.0%	-4.3%
Net income growth	-1.9%	+50.7%	-45.4%	-3.7%	+24.0%	-7.6%	+24.1%	-48.4%	+129.3%	-26.6%
EPS growth	-1.9%	+50.5%	-45.7%	-4.9%	+23.7%	-7.5%	+23.7%	-48.9%	+129.3%	-26.5%

Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.