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Financial Statements · From SEC 10-K & 10-Q XBRL Filings

Verizon Communications Inc. Revenue & Financial Statements

Verizon Communications Inc. reported revenue of $138.2B for the fiscal year ended December 31, 2025, up 2.5% year over year, with net income of $17.6B and diluted EPS of $4.06.

Company
Verizon Communications Inc. VZ · NYSE
Latest fiscal year
FY ended Dec 31, 2025
Statements
Income · Balance Sheet · Cash Flow — 5 fiscal years, 8 quarters

Income Statement

Annual, as reported in 10-K filings. Values in USD.

USDFY2021FY2022FY2023FY2024FY2025
Revenue133.6B136.8B134.0B134.8B138.2B
Cost of revenue
Gross profit
Operating income32.4B30.5B22.9B28.7B29.3B
Pretax income27.6B26.8B15.7B21.3B2.5B
Net income22.1B21.3B11.6B17.5B17.6B
Diluted EPS5.325.062.754.144.06
EBITDA46.6B45.1B37.8B43.8B47.6B

Quarterly

USDQ1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Revenue33.0B32.8B33.3B35.7B33.5B34.5B33.8B36.4B
Cost of revenue
Gross profit
Operating income7.5B7.8B5.9B7.4B8.0B8.2B8.1B5.0B
Pretax income6.1B6.0B4.3B6.6B6.5B6.6B6.5B3.1B
Net income4.6B4.6B3.3B5.0B4.9B5.0B5.0B2.4B
Diluted EPS1.091.090.781.181.151.181.170.55
EBITDA12.0B12.3B10.4B11.9B12.6B12.8B12.7B9.5B

Balance Sheet

Fiscal year-end snapshots. Values in USD.

USDFY2024FY2024FY2025FY2025FY2026
Total assets384.7B404.3B
Current assets40.5B56.9B
Cash & equivalents4.2B19.0B
Total liabilities
Current liabilities64.8B62.4B
Long-term debt
Total debt65.0M441.0M
Stockholders’ equity100.6B105.7B
Net debt(4.1B)(18.6B)

Cash Flow Statement

Annual, as reported in 10-K filings. Values in USD.

USDFY2021FY2022FY2023FY2024FY2025
Operating cash flow39.5B37.1B37.5B36.9B37.1B
Investing cash flow(67.2B)(28.7B)(23.4B)(18.7B)(16.7B)
Financing cash flow8.3B(8.5B)(14.7B)(17.1B)(5.6B)
Capital expenditure
Free cash flow
Dividends paid10.4B10.8B11.0B11.2B11.5B
Stock-based compensation

Figures are parsed from SEC XBRL company facts and may be derived where issuers report year-to-date values (quarterly figures differenced; Q4 computed as FY minus Q3). Fiscal periods follow each company's fiscal calendar, not calendar years. Historical fact, not investment advice — verify with official SEC filings.

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