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
DateValue
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