Verizon Communications Inc financials
Key figures from Verizon Communications Inc's filings with the U.S. Securities and Exchange Commission: the latest quarter against a year earlier, and the trend across recent quarters and fiscal years.
Latest quarter vs a year earlier
| Metric | Sep 2026 | Sep 2025 | Change |
|---|---|---|---|
| Revenue | $34.3B | $33.8B | +1.5% |
| Net income | $5.2B | $5.0B | +5.0% |
| Free cash flow | $7.8B | $7.0B | +12.1% |
| Gross margin | — | — | — |
| Operating margin | 25.2% | 24.0% | +1.2 pts |
| Net margin | 15.1% | 14.6% | +0.5 pts |
Quarterly trend
Fiscal years
| Fiscal year | Revenue | Net income | Net margin | Free cash flow | EPS (diluted) |
|---|---|---|---|---|---|
| FY Dec 2025 | $138.2B | $17.6B | 12.7% | $20.1B | $4.06 |
| FY Dec 2024 | $134.8B | $17.9B | 13.3% | $19.8B | $4.14 |
| FY Dec 2023 | $134.0B | $12.1B | 9.0% | $18.7B | $2.75 |
| FY Dec 2022 | $136.8B | $21.7B | 15.9% | $14.1B | $5.06 |
| FY Dec 2021 | $133.6B | $22.6B | 16.9% | $19.3B | $5.32 |
* Fiscal fourth quarter computed from the annual filing minus the three reported quarters. All figures from company filings with the SEC.