Veon (VEON) Operating Expenses (2009 - 2026)
Veon (VEON) posted quarterly Operating Expenses of $550.0 million for Q2 2026, up 70.81% year-over-year from $322.0 million in Q2 2025, and up 180.53% on a QoQ basis from -$683.0 million in Q1 2026.
Veon (VEON) Operating Expenses (2009 - 2026) Analysis & Trends
Veon has reported Operating Expenses for 18 years, with the latest figure at $550.0 million in Q2 2026.
- Operating Expenses for Q2 2026 came in at $550.0 million, up 70.81% year-over-year; the trailing twelve-month figure through Jun 2026 was $189.0 million (up 113.3% YoY), and the FY2025 annual result was $1.9 billion, up 4.67% from the prior year.
- Operating Expenses advanced to $550.0 million in Q2 2026, from -$683.0 million in the prior quarter.
- Over five years, Operating Expenses peaked at $550.0 million in Q2 2026 and troughed at -$1.1 billion in Q4 2024.
- A 5-year average of -$396.5 million and a median of -$550.0 million in 2023 frame the typical range for Operating Expenses.
- The widest annual swing landed in 2025, when Operating Expenses surged 155.9%; it then slipped 14.6% in 2026.
- A 5-year view of Operating Expenses shows it stood at -$518.0 million in 2022, then dropped by 1.16% to -$524.0 million in 2023, then tumbled by 118.89% to -$1.1 billion in 2024, then surged by 128.07% to $322.0 million in 2025, then surged by 70.81% to $550.0 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $550.0 million in Q2 2026, -$683.0 million in Q1 2026, and $322.0 million in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 205.36 Bn | 203.61 Bn | 27.03 Bn | 27.07 Bn |
| 2 | T-Mobile US | 196.43 Bn | 193.61 Bn | 17.74 Bn | 17.30 Bn |
| 3 | Grupo Televisa, S.A.B | 190.22 Bn | 188.51 Bn | 318.12 Mn | -11.74 Mn |
| 4 | At&T | 174.94 Bn | 157.37 Bn | 25.25 Bn | 24.52 Bn |
| 5 | Chunghwa Telecom | 33.60 Bn | 31.03 Bn | 728.80 Mn | 309.31 Mn |
| 6 | EchoStar | 25.24 Bn | 23.74 Bn | 1.65 Bn | 3.06 Bn |
| 7 | Bce | 22.16 Bn | 22.16 Bn | - | 2.51 Bn |
| 8 | Rogers Communications | 19.61 Bn | 18.36 Bn | 1.77 Bn | 152.54 Mn |
| 9 | Telefonica Brasil | 18.11 Bn | 18.11 Bn | 1.32 Bn | -191.29 Mn |
| 10 | Veon | 3.93 Bn | 1.24 Bn | 1.10 Bn | 550.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 550.00 Mn |
| Mar 31, 2026 | -683.00 Mn |
| Jun 30, 2025 | -606.00 Mn |
| Mar 31, 2025 | -596.00 Mn |
| Dec 31, 2024 | -1.15 Bn |
| Jun 30, 2024 | -576.00 Mn |
| Jun 30, 2023 | -524.00 Mn |
| Jun 30, 2022 | -518.00 Mn |
| Dec 31, 2021 | 3.38 Bn |
| Sep 30, 2021 | -1.02 Bn |
| Jun 30, 2021 | -1.00 Bn |
| Mar 31, 2021 | -1.06 Bn |
| Dec 31, 2020 | 3.21 Bn |
| Sep 30, 2020 | -913.00 Mn |
| Jun 30, 2020 | -1.04 Bn |
| Mar 31, 2020 | -1.12 Bn |
| Dec 31, 2019 | -3.42 Bn |
| Sep 30, 2019 | -1.13 Bn |
| Jun 30, 2019 | -1.17 Bn |
| Mar 31, 2019 | -1.12 Bn |