Veon (VEON) Net Margin (2009 - 2026)
Veon (VEON) reported Net Margin of 9.60% for Q2 2026, down 45.14 percentage points from 54.74% a year earlier but up 1.36 percentage points from the prior quarter.
Powered by 
Analysis
Veon (VEON) Net Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Veon's Net Margin came in at 30.37%, up 10.45 percentage points year-over-year; for FY2025, it came in at 15.78%, up 12.65 percentage points from FY2024.
- Net Margin has a five-year change of +22.18 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at 3.12% in FY2024 (+69.37 pp), -66.25% in FY2023 (-68.57 pp), 2.32% in FY2022 (-18.49 pp) and 20.81% in FY2021 (+27.21 pp).
- Five-year quarterly Net Margin spans a low of -377.55% in Q3 2023 and a high of 54.74% in Q4 2025.
- Year over year, Net Margin gained in two of the last four quarters, with an average year-over-year change of +12.42 percentage points.
- The high point for year-over-year Net Margin in five years was Q4 2025 (a gain of 48.12 percentage points); the low point was Q2 2026 (a drop of 45.14 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 185.18 Bn | 148.31 Bn | 27.03 Bn | 11.20% |
| 2 | T-Mobile US | 170.25 Bn | 155.00 Bn | 14.76 Bn | 14.21% |
| 3 | At&T | 162.35 Bn | 94.31 Bn | 25.82 Bn | 14.55% |
| 4 | Grupo Televisa, S.A.B | 149.53 Bn | 141.26 Bn | 318.12 Mn | -3.48% |
| 5 | Comcast | 79.50 Bn | 43.56 Bn | - | 11.78% |
| 6 | Vodafone Group Public | 38.13 Bn | 7.53 Bn | - | - |
| 7 | Chunghwa Telecom | 36.93 Bn | 28.95 Bn | 728.80 Mn | 18.36% |
| 8 | EchoStar | 25.06 Bn | 16.15 Bn | 1.65 Bn | 236.63% |
| 9 | Telefonica Brasil | 20.65 Bn | 14.67 Bn | 1.42 Bn | 9.98% |
| 10 | Veon | 5.63 Bn | -3.12 Bn | 1.10 Bn | 9.60% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.60% |
| Mar 31, 2026 | 8.24% |
| Dec 31, 2025 | 54.74% |
| Jun 30, 2025 | 54.74% |
| Mar 31, 2025 | 9.65% |
| Dec 31, 2024 | 6.62% |
| Jun 30, 2024 | 6.62% |
| Oct 9, 2023 | -377.55% |
| Jun 30, 2023 | 29.59% |
| Jun 30, 2022 | 19.23% |
| Sep 30, 2021 | 9.73% |
| Jun 30, 2021 | 5.26% |
| Mar 31, 2021 | 6.54% |
| Sep 30, 2020 | -34.08% |
| Jun 30, 2020 | 8.25% |
| Mar 31, 2020 | 5.15% |
| Dec 31, 2019 | 23.31% |
| Sep 30, 2019 | 1.57% |
| Jun 30, 2019 | 3.10% |
| Mar 31, 2019 | 23.31% |
API Access
Veon Net 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=net-margin&ticker=VEON&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=VEON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();