Veon (VEON) Cost of Revenue (2009 - 2026)
Veon (VEON) recorded Cost of Revenue of $171 million in Q2 2026, up 64.4% from $104 million a year earlier and up 13.2% from the prior quarter.
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Analysis
Veon (VEON) Cost of Revenue (2009 - 2026) Analysis & Trends
On a TTM basis, Veon's Cost of Revenue came in at $530 million as of Jun 30, 2026, up 14.5% year-over-year; for FY2025, it came in at $526 million, up 2.1% from FY2024.
- Annual Cost of Revenue has a five-year compound annual growth rate of -12.0% (FY2020 to FY2025).
- Across earlier years, Cost of Revenue came in at $515 million in FY2024 (+16.8%), $441 million in FY2023 (-1.6%), $448 million in FY2022 (-35.0%) and $689 million in FY2021 (-31.0%).
- The Q2 2026 figure is the highest quarterly Cost of Revenue since Q3 2021.
- On a year-over-year basis, Cost of Revenue rose in two of the last four quarters, with growth averaging 15.6%.
- Peak year-over-year performance for Cost of Revenue in the last five years was growth of 64.4% in Q2 2026, against a decline of 68.6% in Q2 2022 at the low end.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 190.87 Bn | 155.27 Bn | 27.03 Bn | 7.23 Bn |
| 2 | T-Mobile US | 175.88 Bn | 160.63 Bn | 14.76 Bn | 8.03 Bn |
| 3 | At&T | 166.65 Bn | 114.60 Bn | 25.82 Bn | 5.74 Bn |
| 4 | Grupo Televisa, S.A.B | 142.49 Bn | 131.12 Bn | 318.12 Mn | 502.80 Mn |
| 5 | Comcast | 76.29 Bn | 40.54 Bn | - | - |
| 6 | Chunghwa Telecom | 35.81 Bn | 31.66 Bn | 728.80 Mn | 1.21 Bn |
| 7 | EchoStar | 27.35 Bn | 18.48 Bn | 1.65 Bn | 1.93 Bn |
| 8 | AST SpaceMobile | 22.74 Bn | 23.25 Bn | 7.95 Mn | 23.57 Mn |
| 9 | Telefonica Brasil | 18.42 Bn | 12.42 Bn | 1.42 Bn | 1.70 Bn |
| 10 | Veon | 5.59 Bn | -1.94 Bn | 1.10 Bn | 171.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 171.00 Mn |
| Mar 31, 2026 | 151.00 Mn |
| Dec 31, 2025 | 104.00 Mn |
| Jun 30, 2025 | 104.00 Mn |
| Mar 31, 2025 | 129.00 Mn |
| Dec 31, 2024 | 115.00 Mn |
| Jun 30, 2024 | 115.00 Mn |
| Jun 30, 2023 | 107.00 Mn |
| Jun 30, 2022 | 114.00 Mn |
| Dec 31, 2021 | -588.00 Mn |
| Sep 30, 2021 | 347.00 Mn |
| Jun 30, 2021 | 363.00 Mn |
| Mar 31, 2021 | 365.00 Mn |
| Dec 31, 2020 | -568.00 Mn |
| Sep 30, 2020 | 340.00 Mn |
| Jun 30, 2020 | 365.00 Mn |
| Mar 31, 2020 | 381.00 Mn |
| Dec 31, 2019 | 368.00 Mn |
| Sep 30, 2019 | 397.00 Mn |
| Jun 30, 2019 | 390.00 Mn |
API Access
Veon Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=VEON&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "VEON", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=VEON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();