Veon (VEON) Net Margin (2009 - 2026)

Veon (VEON) posted Net Margin of 65.56% for Q1 2026, up 19.78% quarter-over-quarter from 54.74% in Q2 2025, and down 1118.0% year-on-year from 6.44% in Q1 2025.

Veon (VEON) Net Margin (2009 - 2026) Analysis & Trends

Veon (VEON) has reported Net Margin for 17 consecutive years, with 65.56% the latest figure, recorded in Q1 2026.

  • Net Margin for Q1 2026 came in at 65.56%, down 1118.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 33.12% (up 2555.0% YoY), and the FY2023 annual result was 76.53%, down 5677.0% from the prior year.
  • Net Margin was 65.56% for Q1 2026 at Veon, up from 54.74% in the prior quarter.
  • Over five years, Net Margin peaked at 76.74% in Q1 2025 and troughed at 10.18% in Q4 2022.
  • Average Net Margin over 5 years is 25.01%, with a median of 6.62% recorded in 2024.
  • Year-over-year, Net Margin surged 4812 bps in 2025 and tumbled 1118 bps in 2026.
  • Over 5 years, Net Margin stood at 10.18% in 2022, then jumped by 100 bps to 0.01% in 2023, then jumped by 100984 bps to 6.62% in 2024, then surged by 727 bps to 54.74% in 2025, then grew by 20 bps to 65.56% in 2026.
  • Per Business Quant data, the three most recent Net Margin figures were 65.56% in Q1 2026, 54.74% in Q2 2025, and 76.74% in Q1 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 1,360.11 Bn 465.10 Bn - -
2 T-Mobile US 190.40 Bn 186.88 Bn 17.62 Bn 10.84%
3 Verizon Communications 176.65 Bn 169.60 Bn 27.94 Bn 14.94%
4 At&T 143.78 Bn 133.82 Bn 25.25 Bn 12.04%
5 Telecom Argentina 27.29 Bn -708.89 Bn - -
6 Charter Communications 17.55 Bn 21.72 Bn - 10.02%
7 Millicom International Cellular 15.13 Bn 13.99 Bn - 5.49%
8 Globalstar 10.40 Bn 10.04 Bn 46.63 Mn -28.60%
9 Sify Technologies 7.22 Bn 7.17 Bn 54.72 Mn -3.00%
10 Veon - - - 65.56%

Historic Data

Download Data
DateValue
Mar 31, 2026 65.56%
Jun 30, 2025 54.74%
Mar 31, 2025 76.74%
Dec 31, 2024 6.62%
Jun 30, 2024 6.62%
Jun 30, 2023 0.01%
Dec 31, 2022 -10.18%
Jun 30, 2022 0.00%
Dec 31, 2021 0.54%
Sep 30, 2021 0.00%
Jun 30, 2021 0.00%
Mar 31, 2021 6.54%
Dec 31, 2020 6.62%
Sep 30, 2020 0.02%
Jun 30, 2020 8.25%
Mar 31, 2020 5.15%
Dec 31, 2019 11.29%
Sep 30, 2019 1.57%
Jun 30, 2019 3.10%
Mar 31, 2019 23.31%