Veon (VEON) Free Cash Flow (2009 - 2026)
Veon (VEON) reported Free Cash Flow of $396.0 million for Q1 2026, down 8.55% on a YoY basis from $433.0 million in Q1 2025, and up 191.18% quarter-over-quarter from $136.0 million in Q2 2025.
Veon (VEON) Free Cash Flow (2009 - 2026) Analysis & Trends
Veon has reported Free Cash Flow for 15 years, with the latest figure at $396.0 million in Q1 2026.
- For the quarter ending Q1 2026, Free Cash Flow fell 8.55% year-over-year to $396.0 million; the trailing twelve-month figure through Mar 2026 stood at $965.0 million (down 22.43% YoY), and the FY2025 full-year result was $620.0 million, up 18.55% from the prior year.
- Free Cash Flow for Q1 2026 stood at $396.0 million, up from $136.0 million in the prior quarter.
- The five-year high for Free Cash Flow was $811.0 million in Q4 2024, with the low at $136.0 million in Q2 2025.
- Historically, Free Cash Flow has averaged $444.0 million across 3 years, with a median of $414.5 million in 2025.
- The largest YoY upside for Free Cash Flow was 8.55% in 2026 against a maximum downside of 8.55% in 2026.
- Veon's Free Cash Flow stood at $811.0 million in 2024, then sank by 83.23% to $136.0 million in 2025, then jumped by 191.18% to $396.0 million in 2026.
- The last three Free Cash Flow figures came in at $396.0 million (Q1 2026), $136.0 million (Q2 2025), and $433.0 million (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Bce | 382.57 Bn | 381.58 Bn | - | 1.45 Bn |
| 2 | T-Mobile US | 195.94 Bn | 192.42 Bn | 17.62 Bn | 4.60 Bn |
| 3 | Verizon Communications | 190.78 Bn | 183.73 Bn | 27.94 Bn | 3.78 Bn |
| 4 | At&T | 159.64 Bn | 149.68 Bn | 25.25 Bn | 2.72 Bn |
| 5 | Telefonica Brasil | 146.21 Bn | 144.47 Bn | 1.32 Bn | - |
| 6 | America Movil Sab De Cv | 128.31 Bn | 126.27 Bn | 10.13 Bn | -1.23 Bn |
| 7 | Chunghwa Telecom | 109.39 Bn | 107.21 Bn | 719.92 Mn | 143.98 Mn |
| 8 | Millicom International Cellular | 106.22 Bn | 104.67 Bn | - | 759.00 Mn |
| 9 | Veon | 82.81 Bn | 80.59 Bn | - | 396.00 Mn |
| 10 | EchoStar | 33.61 Bn | 33.48 Bn | 3.13 Bn | 104.85 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 396.00 Mn |
| Mar 31, 2026 | 396.00 Mn |
| Jun 30, 2025 | 136.00 Mn |
| Jun 30, 2025 | 136.00 Mn |
| Mar 31, 2025 | 433.00 Mn |
| Mar 31, 2025 | 433.00 Mn |
| Dec 31, 2024 | 811.00 Mn |
| Dec 31, 2024 | 811.00 Mn |
| Dec 31, 2021 | -2.86 Bn |
| Dec 31, 2021 | -2.86 Bn |
| Sep 30, 2021 | 1.06 Bn |
| Sep 30, 2021 | 1.06 Bn |
| Jun 30, 2021 | 894.00 Mn |
| Jun 30, 2021 | 894.00 Mn |
| Mar 31, 2021 | 1.17 Bn |
| Mar 31, 2021 | 1.17 Bn |
| Dec 31, 2020 | -2.62 Bn |
| Dec 31, 2020 | -2.62 Bn |
| Sep 30, 2020 | 920.00 Mn |
| Sep 30, 2020 | 920.00 Mn |