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