Verizon Communications VZ
NYSE VZ
$49.76 -0.65 (-1.30%)
As of: Sep 9, 2026 · 3:59 PM EDT

Verizon Communications (VZ) Gross Margin (2009 - 2026)

Verizon Communications' (VZ) quarterly Gross Margin came in at 78.91% in Q2 2026, down 79.0% year-over-year from 375.75% in Q2 2025, and little changed quarter-over-quarter from 79.19% in Q1 2026.

Analysis

Verizon Communications (VZ) Gross Margin (2009 - 2026) Analysis & Trends

Verizon Communications (VZ) has reported Gross Margin for 18 consecutive years, with 78.91% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Gross Margin fell 79.0% year-over-year to 78.91% in Q2 2026; TTM through Jun 2026 was 78.73%, a 77.0% decrease from a year earlier, with the FY2025 full-year figure at 79.03%, down 20.0% from the prior year.
  • Gross Margin was 78.91% for Q2 2026 at Verizon Communications, roughly flat from 79.19% in the prior quarter.
  • Over five years, Gross Margin peaked at 80.57% in Q4 2024 and troughed at 75.67% in Q4 2022.
  • A 5-year average of 78.75% and a median of 78.81% in 2023 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin plunged 368 bps in 2022 and soared 454 bps in 2023, its largest moves.
  • Over 5 years, Gross Margin stood at 75.67% in 2022, then increased by 6 bps to 80.21% in 2023, then grew by 0 bps to 80.57% in 2024, then retreated by 4 bps to 77.23% in 2025, then climbed by 2 bps to 78.91% in 2026.
  • The last three Gross Margin figures came in at 78.91% (Q2 2026), 79.19% (Q1 2026), and 77.23% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Verizon Communications 207.36 Bn 205.61 Bn 27.03 Bn 78.91%
2 T-Mobile US 192.37 Bn 189.55 Bn 17.74 Bn 77.82%
3 At&T 174.39 Bn 156.82 Bn 25.25 Bn 80.02%
4 Chunghwa Telecom 34.46 Bn 31.88 Bn 728.80 Mn 37.54%
5 Rogers Communications 20.60 Bn 23.90 Bn 1.77 Bn 43.49%
6 Telefonica Brasil 19.00 Bn 17.31 Bn 1.42 Bn 45.54%
7 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 14.91 Bn -56,572.09 Bn - -
8 Telus 14.48 Bn 13.37 Bn - -
9 Bce 14.36 Bn 14.24 Bn - -
10 Kt 9.57 Bn 11.02 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 78.91%
Mar 31, 2026 79.19%
Dec 31, 2025 77.23%
Sep 30, 2025 79.71%
Jun 30, 2025 79.69%
Mar 31, 2025 79.24%
Dec 31, 2024 80.57%
Sep 30, 2024 78.42%
Jun 30, 2024 78.95%
Mar 31, 2024 78.88%
Dec 31, 2023 80.21%
Sep 30, 2023 78.75%
Jun 30, 2023 78.57%
Mar 31, 2023 78.49%
Dec 31, 2022 75.67%
Sep 30, 2022 78.66%
Jun 30, 2022 77.84%
Mar 31, 2022 78.46%
Dec 31, 2021 79.35%
Sep 30, 2021 76.14%