Veon (VEON) Gross Margin (2009 - 2026)
Veon (VEON) posted Gross Margin of 86.55% for Q2 2026, down 3.89 percentage points from 90.43% a year earlier and down 0.88 percentage points from the prior quarter.
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Analysis
Veon (VEON) Gross Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Veon was 88.59%, down 0.30 percentage points year-over-year; for FY2025, it was 88.04%, up 0.90 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of +72.97 percentage points (FY2020 to FY2025).
- In prior years, Veon's Gross Margin was 87.14% in FY2024 (-0.94 pp), 88.07% in FY2023 (+57.10 pp), 30.97% in FY2022 (+4.40 pp) and 26.57% in FY2021 (+11.50 pp).
- The Q2 2026 figure stands as the lowest quarterly Gross Margin since Q3 2021.
- On a year-over-year basis, Gross Margin increased in two of the last four quarters, with an average year-over-year change of -0.16 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q2 2022, with a gain of 7.17 percentage points; the weakest was Q2 2026, with a drop of 3.89 percentage points.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 193.94 Bn | 158.35 Bn | 27.03 Bn | 78.91% |
| 2 | T-Mobile US | 178.90 Bn | 163.65 Bn | 14.76 Bn | 64.75% |
| 3 | At&T | 170.76 Bn | 118.71 Bn | 25.82 Bn | 81.81% |
| 4 | Grupo Televisa, S.A.B | 146.22 Bn | 134.85 Bn | 318.12 Mn | 38.75% |
| 5 | Comcast | 77.07 Bn | 41.32 Bn | - | - |
| 6 | Chunghwa Telecom | 35.67 Bn | 31.52 Bn | 728.80 Mn | 37.54% |
| 7 | EchoStar | 25.89 Bn | 17.02 Bn | 1.65 Bn | 46.08% |
| 8 | AST SpaceMobile | 23.74 Bn | 24.24 Bn | 7.95 Mn | 25.23% |
| 9 | Bce | 19.19 Bn | 17.52 Bn | - | - |
| 10 | Veon | 5.13 Bn | -2.40 Bn | 1.10 Bn | 86.55% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 86.55% |
| Mar 31, 2026 | 87.43% |
| Dec 31, 2025 | 90.43% |
| Jun 30, 2025 | 90.43% |
| Mar 31, 2025 | 87.43% |
| Dec 31, 2024 | 88.80% |
| Jun 30, 2024 | 88.80% |
| Jun 30, 2023 | 88.32% |
| Jun 30, 2022 | 88.09% |
| Sep 30, 2021 | 82.69% |
| Jun 30, 2021 | 80.91% |
| Mar 31, 2021 | 81.65% |
| Sep 30, 2020 | 81.31% |
| Jun 30, 2020 | 80.71% |
| Mar 31, 2020 | 81.83% |
| Dec 31, 2019 | 82.67% |
| Sep 30, 2019 | 82.15% |
| Jun 30, 2019 | 82.75% |
| Mar 31, 2019 | 82.67% |
| Dec 31, 2018 | 81.81% |
API Access
Veon Gross Margin 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=gross-margin&ticker=VEON&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=VEON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();