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

Verizon Communications (VZ) has 18 years of Gross Margin data on file, last reported at 81.11% in Q1 2026.

• Gross Margin for Q1 2026 came in at 81.11%, down 65.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 87.18% (up 478.0% YoY), and the FY2025 annual result was 82.68%, up 205.0% from the prior year.
• Gross Margin declined to 81.11% in Q1 2026 per VZ's latest filing, from 91.1% in the prior quarter.
• Over five years, Gross Margin peaked at 145.64% in Q4 2022 and troughed at 66.18% in Q4 2024.
• A 5-year average of 86.48% and a median of 81.76% in 2025 frame the typical range for Gross Margin.
• The sharpest annual moves came in 2022 and 2023: Gross Margin surged 5455 bps in 2022, then sank 6169 bps in 2023.
• A 5-year view of Gross Margin shows it stood at 145.64% in 2022, then plunged by 42 bps to 83.95% in 2023, then slipped by 21 bps to 66.18% in 2024, then surged by 38 bps to 91.1% in 2025, then retreated by 11 bps to 81.11% in 2026.
• Business Quant data shows VZ's Gross Margin at 81.11% in Q1 2026, 91.1% in Q4 2025, and 96.41% in Q3 2025.