Veon (VEON) Total Debt (2009 - 2025)

Veon (VEON) reported Total Debt of $5.1 billion for Q4 2025, up 9.61% on a YoY basis from $4.7 billion in Q4 2024, and up 33.57% quarter-over-quarter from $3.9 billion in Q2 2025.

Veon (VEON) Total Debt (2009 - 2025) Analysis & Trends

Veon has reported Total Debt for 17 years, with the latest figure at $5.1 billion in Q4 2025.

  • For the quarter ending Q4 2025, Total Debt rose 9.61% year-over-year to $5.1 billion; the trailing twelve-month figure through Dec 2025 stood at $5.1 billion (up 9.61% YoY), and the FY2025 full-year result was $5.1 billion, up 9.61% from the prior year.
  • Total Debt for Q4 2025 stood at $5.1 billion, up from $3.9 billion in the prior quarter.
  • The five-year high for Total Debt was $10.6 billion in Q4 2021, with the low at $3.0 billion in Q2 2024.
  • Historically, Total Debt has averaged $6.6 billion across 5 years, with a median of $6.7 billion in 2022.
  • Annual changes were most pronounced in 2023 — Total Debt sank 59.84% — and 2025, when it grew 28.96%.
  • Veon's Total Debt stood at $10.6 billion in 2021, then declined by 23.16% to $8.2 billion in 2022, then tumbled by 36.97% to $5.2 billion in 2023, then slipped by 8.96% to $4.7 billion in 2024, then climbed by 9.61% to $5.1 billion in 2025.
  • The last three Total Debt figures came in at $5.1 billion (Q4 2025), $3.9 billion (Q2 2025), and $4.7 billion (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 Bce 382.57 Bn 381.58 Bn - 31.33 Bn
2 T-Mobile US 195.94 Bn 192.42 Bn 17.62 Bn 86.05 Bn
3 Verizon Communications 190.78 Bn 183.73 Bn 27.94 Bn 172.46 Bn
4 At&T 159.64 Bn 149.68 Bn 25.25 Bn 138.41 Bn
5 Telefonica Brasil 146.21 Bn 144.47 Bn 1.32 Bn -
6 America Movil Sab De Cv 128.31 Bn 126.27 Bn 10.13 Bn -
7 Chunghwa Telecom 109.39 Bn 107.21 Bn 719.92 Mn 221.48 Mn
8 Millicom International Cellular 106.22 Bn 104.67 Bn - 7.53 Bn
9 Veon 82.81 Bn 80.59 Bn - -
10 EchoStar 33.61 Bn 33.48 Bn 3.13 Bn 24.25 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 5.15 Bn
Jun 30, 2025 3.85 Bn
Dec 31, 2024 4.69 Bn
Jun 30, 2024 2.99 Bn
Dec 31, 2023 5.16 Bn
Jun 30, 2023 3.79 Bn
Dec 31, 2022 8.18 Bn
Jun 30, 2022 9.44 Bn
Dec 31, 2021 10.65 Bn
Sep 30, 2021 8.62 Bn
Jun 30, 2021 8.72 Bn
Mar 31, 2021 8.56 Bn
Dec 31, 2020 10.09 Bn
Sep 30, 2020 7.06 Bn
Jun 30, 2020 7.30 Bn
Mar 31, 2020 6.94 Bn
Dec 31, 2019 10.34 Bn
Sep 30, 2019 7.36 Bn
Jun 30, 2019 7.78 Bn
Mar 31, 2019 8.35 Bn