Veon (VEON) Enterprise Value (2009 - 2025)

Veon (VEON) posted Enterprise Value of -$2.2 billion for Q4 2025, down 103.39% quarter-over-quarter from -$1.1 billion in Q2 2025, and down 17.64% year-on-year from -$2.7 billion in Q4 2024.

Veon (VEON) Enterprise Value (2009 - 2025) Analysis & Trends

Veon (VEON) has reported Enterprise Value for 17 consecutive years, with -$2.2 billion the latest figure, recorded in Q4 2025.

  • Enterprise Value for Q4 2025 came in at -$2.2 billion, down 17.64% year-over-year; the trailing twelve-month figure through Dec 2025 was -$2.2 billion (down 17.64% YoY), and the FY2025 annual result was -$2.2 billion, down 17.64% from the prior year.
  • Enterprise Value was -$2.2 billion for Q4 2025 at Veon, down from -$1.1 billion in the prior quarter.
  • Over five years, Enterprise Value peaked at $990.0 million in Q3 2021 and troughed at -$2.3 billion in Q2 2023.
  • Average Enterprise Value over 5 years is -$713.4 million, with a median of -$507.5 million recorded in 2021.
  • Year-over-year, Enterprise Value surged 541.96% in 2021 and tumbled 742.86% in 2024.
  • Over 5 years, Enterprise Value stood at $779.0 million in 2021, then plunged by 90.76% to $72.0 million in 2022, then slumped by 411.11% to -$224.0 million in 2023, then sank by 742.86% to -$1.9 billion in 2024, then declined by 17.64% to -$2.2 billion in 2025.
  • Per Business Quant data, the three most recent Enterprise Value figures were -$2.2 billion in Q4 2025, -$1.1 billion in Q2 2025, and -$1.9 billion in Q4 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 1,360.11 Bn 465.10 Bn - -895.01 Bn
2 T-Mobile US 190.40 Bn 186.88 Bn 17.62 Bn -3.52 Bn
3 Verizon Communications 176.65 Bn 169.60 Bn 27.94 Bn -7.05 Bn
4 At&T 143.78 Bn 133.82 Bn 25.25 Bn -9.96 Bn
5 Telecom Argentina 27.29 Bn -708.89 Bn - -736.18 Bn
6 Charter Communications 17.55 Bn 21.72 Bn - 4.17 Bn
7 Millicom International Cellular 15.13 Bn 13.99 Bn - -1.15 Bn
8 Globalstar 10.40 Bn 10.04 Bn 46.63 Mn -358.45 Mn
9 Sify Technologies 7.22 Bn 7.17 Bn 54.72 Mn -47.18 Mn
10 Veon - - - -

Historic Data

Download Data
DateValue
Dec 31, 2025 -2.22 Bn
Jun 30, 2025 -1.09 Bn
Dec 31, 2024 -1.89 Bn
Jun 30, 2024 -648.00 Mn
Dec 31, 2023 -224.00 Mn
Jun 30, 2023 -2.25 Bn
Dec 31, 2022 72.00 Mn
Jun 30, 2022 -1.37 Bn
Dec 31, 2021 779.00 Mn
Sep 30, 2021 990.00 Mn
Jun 30, 2021 -367.00 Mn
Mar 31, 2021 -344.00 Mn
Dec 31, 2020 681.00 Mn
Sep 30, 2020 -224.00 Mn
Jun 30, 2020 -275.00 Mn
Mar 31, 2020 -537.00 Mn
Dec 31, 2019 877.00 Mn
Sep 30, 2019 -383.00 Mn
Mar 31, 2019 -2.89 Bn
Dec 31, 2018 -998.00 Mn