Veon (VEON) Tax Rate (2009 - 2026)

Veon (VEON) posted Tax Rate of 32.79% for Q1 2026, down 202.17% quarter-over-quarter from 10.85% in Q2 2025, and down 2356.0% year-on-year from 1.45% in Q1 2025.

Veon (VEON) Tax Rate (2009 - 2026) Analysis & Trends

Veon (VEON) has reported Tax Rate for 17 consecutive years, with 32.79% the latest figure, recorded in Q1 2026.

  • Tax Rate for Q1 2026 came in at 32.79%, down 2356.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 17.5% (up 874.0% YoY), and the FY2025 annual result was 24.71%, down 611.0% from the prior year.
  • Tax Rate was 32.79% for Q1 2026 at Veon, down from 10.85% in the prior quarter.
  • Over five years, Tax Rate peaked at 9.23% in Q1 2025 and troughed at 62.28% in Q2 2022.
  • Average Tax Rate over 5 years is 28.0%, with a median of 27.03% recorded in 2026.
  • Year-over-year, Tax Rate surged 4100 bps in 2023 and slumped 2356 bps in 2026.
  • Over 5 years, Tax Rate stood at 12.92% in 2022, then plunged by 65 bps to 21.28% in 2023, then tumbled by 75 bps to 37.32% in 2024, then soared by 71 bps to 10.85% in 2025, then slumped by 202 bps to 32.79% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 32.79% in Q1 2026, 10.85% in Q2 2025, and 9.23% in Q1 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (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 24.90%
3 Verizon Communications 176.65 Bn 169.60 Bn 27.94 Bn 24.15%
4 At&T 143.78 Bn 133.82 Bn 25.25 Bn 21.84%
5 Telecom Argentina 27.29 Bn -708.89 Bn - -
6 Charter Communications 17.55 Bn 21.72 Bn - 25.44%
7 Millicom International Cellular 15.13 Bn 13.99 Bn - -50.65%
8 Globalstar 10.40 Bn 10.04 Bn 46.63 Mn -10.09%
9 Sify Technologies 7.22 Bn 7.17 Bn 54.72 Mn -18.53%
10 Veon - - - -32.79%

Historic Data

Download Data
DateValue
Mar 31, 2026 -32.79%
Mar 31, 2026 -32.79%
Jun 30, 2025 -10.85%
Jun 30, 2025 -10.85%
Mar 31, 2025 -9.23%
Mar 31, 2025 -9.23%
Dec 31, 2024 -37.32%
Dec 31, 2024 -37.32%
Jun 30, 2024 -37.32%
Jun 30, 2024 -37.32%
Jun 30, 2023 -21.28%
Jun 30, 2023 -21.28%
Dec 31, 2022 -12.92%
Dec 31, 2022 -12.92%
Jun 30, 2022 -62.28%
Jun 30, 2022 -62.28%
Dec 31, 2021 -41.25%
Dec 31, 2021 -41.25%
Sep 30, 2021 -46.64%
Sep 30, 2021 -46.64%