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

Verizon Communications has disclosed Gross Margin across 18 years of filings, most recently posting 81.11% for Q1 2026.

• In Q1 2026, Gross Margin fell 65.0% year-over-year to 81.11%; the TTM figure through Mar 2026 stood at 87.18% (up 478.0% YoY), while the FY2025 annual figure was 82.68%, up 205.0% from the prior year.
• Gross Margin retreated to 81.11% in Q1 2026, from 91.1% in the prior quarter.
• Over the last five years, Gross Margin for VZ reached as high as 145.64% in Q4 2022 and fell as low as 66.18% in Q4 2024.
• The 5-year median for Gross Margin is 81.76% (2025), against an average of 86.48%.
• Annual changes were most pronounced in 2022 — Gross Margin surged 5455 bps — and 2023, when it tumbled 6169 bps.
• A 5-year view of Gross Margin shows it stood at 145.64% in 2022, then slumped 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.
• According to Business Quant data, Gross Margin over the past three periods registered 81.11%, 91.1%, and 96.41% for Q1 2026, Q4 2025, and Q3 2025 respectively.