Veon (VEON) Net Margin (2009 - 2026)
Veon (VEON) posted quarterly Net Margin of 9.6% for Q2 2026, down 4514.0% year-over-year from 0.22% in Q2 2025, and down 85.36% on a QoQ basis from 65.56% in Q1 2026.
Veon (VEON) Net Margin (2009 - 2026) Analysis & Trends
Veon has reported Net Margin for 18 years, with the latest figure at 9.6% in Q2 2026.
- Net Margin for Q2 2026 came in at 9.6%, down 4514.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 30.93% (up 1149.0% YoY), and the FY2025 annual result was 12.09%, up 173.0% from the prior year.
- Net Margin slipped to 9.6% in Q2 2026, from 65.56% in the prior quarter.
- Over five years, Net Margin peaked at 76.74% in Q1 2025 and troughed at 377.55% in Q4 2023.
- A 5-year average of 14.34% and a median of 8.29% in 2023 frame the typical range for Net Margin.
- The widest annual swing landed in 2025, when Net Margin soared 4812 bps; it then tumbled 4514 bps in 2026.
- A 5-year view of Net Margin shows it stood at 3.76% in 2022, then surged by 285 bps to 6.97% in 2023, then decreased by 9 bps to 6.35% in 2024, then jumped by 762 bps to 54.74% in 2025, then plunged by 82 bps to 9.6% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 9.6% in Q2 2026, 65.56% in Q1 2026, and 54.74% in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 205.88 Bn | 204.13 Bn | 27.03 Bn | 11.53% |
| 2 | T-Mobile US | 197.54 Bn | 194.72 Bn | 17.74 Bn | 14.43% |
| 3 | Grupo Televisa, S.A.B | 195.87 Bn | 194.16 Bn | 318.12 Mn | 0.00% |
| 4 | At&T | 175.74 Bn | 158.17 Bn | 25.25 Bn | 14.55% |
| 5 | Chunghwa Telecom | 33.68 Bn | 31.10 Bn | 728.80 Mn | 18.36% |
| 6 | EchoStar | 25.22 Bn | 23.72 Bn | 1.65 Bn | 236.63% |
| 7 | Bce | 22.16 Bn | 22.16 Bn | - | 9.03% |
| 8 | Rogers Communications | 19.72 Bn | 18.47 Bn | 1.77 Bn | 15.59% |
| 9 | Telefonica Brasil | 18.50 Bn | 18.50 Bn | 1.32 Bn | 8.16% |
| 10 | Veon | 4.08 Bn | 1.40 Bn | 1.10 Bn | 11.01% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 9.60% |
| Mar 31, 2026 | 65.56% |
| Jun 30, 2025 | 54.74% |
| Mar 31, 2025 | 76.74% |
| Dec 31, 2024 | 6.35% |
| Jun 30, 2024 | 6.62% |
| Dec 31, 2023 | 6.97% |
| Oct 9, 2023 | -377.55% |
| Jun 30, 2023 | 11.35% |
| Jun 30, 2022 | -3.76% |
| Dec 31, 2021 | 13.79% |
| Sep 30, 2021 | 5.69% |
| Jun 30, 2021 | 5.05% |
| Mar 31, 2021 | 6.54% |
| Dec 31, 2020 | -24.49% |
| Sep 30, 2020 | -34.69% |
| Jun 30, 2020 | 8.25% |
| Mar 31, 2020 | 5.15% |
| Dec 31, 2019 | 9.06% |
| Sep 30, 2019 | 1.57% |