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| Date | Value |
|---|---|
| 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% |