Veon (VEON) Operating Expenses (2009 - 2026)

Veon (VEON) posted Operating Expenses of $71.5 billion for Q1 2026, up 11898.35% quarter-over-quarter from -$606.0 million in Q2 2025, and up 14.18% year-on-year from $62.6 billion in Q1 2025.

Veon (VEON) Operating Expenses (2009 - 2026) Analysis & Trends

Veon (VEON) has reported Operating Expenses for 17 consecutive years, with $71.5 billion the latest figure, recorded in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $71.5 billion, up 14.18% year-over-year; the trailing twelve-month figure through Mar 2026 was $133.5 billion (up 117.21% YoY), and the FY2025 annual result was $2.5 billion, up 5.71% from the prior year.
  • Operating Expenses was $71.5 billion for Q1 2026 at Veon, up from -$606.0 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $71.5 billion in Q1 2026 and troughed at -$1.1 billion in Q4 2022.
  • Average Operating Expenses over 5 years is $16.3 billion, with a median of -$550.0 million recorded in 2023.
  • Year-over-year, Operating Expenses jumped 48.25% in 2022 and decreased 9.92% in 2024.
  • Over 5 years, Operating Expenses stood at -$1.1 billion in 2022, then jumped by 50.71% to -$524.0 million in 2023, then retreated by 9.92% to -$576.0 million in 2024, then declined by 5.21% to -$606.0 million in 2025, then soared by 11898.35% to $71.5 billion in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $71.5 billion in Q1 2026, -$606.0 million in Q2 2025, and $62.6 billion in Q1 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (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 18.61 Bn
3 Verizon Communications 176.65 Bn 169.60 Bn 27.94 Bn 26.20 Bn
4 At&T 143.78 Bn 133.82 Bn 25.25 Bn 24.85 Bn
5 Telecom Argentina 27.29 Bn -708.89 Bn - -
6 Charter Communications 17.55 Bn 21.72 Bn - 10.39 Bn
7 Millicom International Cellular 15.13 Bn 13.99 Bn - -650.00 Mn
8 Globalstar 10.40 Bn 10.04 Bn 46.63 Mn 61.89 Mn
9 Sify Technologies 7.22 Bn 7.17 Bn 54.72 Mn -22.56 Mn
10 Veon - - - 71.50 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 71.50 Bn
Jun 30, 2025 -606.00 Mn
Mar 31, 2025 62.62 Bn
Dec 31, 2024 -576.00 Mn
Jun 30, 2024 -576.00 Mn
Jun 30, 2023 -524.00 Mn
Dec 31, 2022 -1.06 Bn
Jun 30, 2022 -518.00 Mn
Dec 31, 2021 -1.97 Bn
Sep 30, 2021 -1.02 Bn
Jun 30, 2021 -1.00 Bn
Mar 31, 2021 -1.06 Bn
Dec 31, 2020 -2.16 Bn
Sep 30, 2020 -913.00 Mn
Jun 30, 2020 -1.04 Bn
Mar 31, 2020 -1.12 Bn
Dec 31, 2019 -1.12 Bn
Sep 30, 2019 -1.13 Bn
Jun 30, 2019 -1.17 Bn
Mar 31, 2019 -1.12 Bn