VEON Ltd. (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.
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VEON Ltd. (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).
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Historic Data
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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 Ltd. 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();