Verizon Communications (VZ) Net Margin (2009 - 2026)
Verizon Communications (VZ) reported Net Margin of 14.94% for Q1 2026, up 6.0% year-over-year from 14.1% in Q1 2025, and up 122.06% quarter-over-quarter from 6.73% in Q4 2025.
Verizon Communications (VZ) Net Margin (2009 - 2026) Analysis & Trends
Verizon Communications (VZ) has 18 years of Net Margin data on file, last reported at 14.94% in Q1 2026.
- Net Margin for Q1 2026 came in at 14.94%, up 6.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 12.77% (down 69.0% YoY), and the FY2025 annual result was 12.74%, down 57.0% from the prior year.
- Net Margin climbed to 14.94% in Q1 2026 per VZ's latest filing, from 6.73% in the prior quarter.
- Over five years, Net Margin peaked at 19.0% in Q4 2022 and troughed at 7.32% in Q4 2023.
- A 5-year average of 12.95% and a median of 14.65% in 2023 frame the typical range for Net Margin.
- The sharpest annual moves came in 2023 and 2024: Net Margin tumbled 2633 bps in 2023, then soared 2166 bps in 2024.
- A 5-year view of Net Margin shows it stood at 19.0% in 2022, then plunged by 139 bps to 7.32% in 2023, then jumped by 296 bps to 14.33% in 2024, then plunged by 53 bps to 6.73% in 2025, then jumped by 122 bps to 14.94% in 2026.
- Business Quant data shows VZ's Net Margin at 14.94% in Q1 2026, 6.73% in Q4 2025, and 14.95% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bce | 382.57 Bn | 381.58 Bn | - | 9.99% |
| 2 | T-Mobile US | 195.94 Bn | 192.42 Bn | 17.62 Bn | 10.84% |
| 3 | Verizon Communications | 190.78 Bn | 183.73 Bn | 27.94 Bn | 14.94% |
| 4 | At&T | 159.64 Bn | 149.68 Bn | 25.25 Bn | 12.04% |
| 5 | Telefonica Brasil | 146.21 Bn | 144.47 Bn | 1.32 Bn | 8.16% |
| 6 | America Movil Sab De Cv | 128.31 Bn | 126.27 Bn | 10.13 Bn | 16.57% |
| 7 | Chunghwa Telecom | 109.39 Bn | 107.21 Bn | 719.92 Mn | 0.00% |
| 8 | Millicom International Cellular | 106.22 Bn | 104.67 Bn | - | 5.49% |
| 9 | Veon | 82.81 Bn | 80.59 Bn | - | 8.24% |
| 10 | EchoStar | 33.61 Bn | 33.48 Bn | 3.13 Bn | -4.01% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 14.94% |
| Dec 31, 2025 | 6.73% |
| Sep 30, 2025 | 14.95% |
| Jun 30, 2025 | 14.84% |
| Mar 31, 2025 | 14.88% |
| Dec 31, 2024 | 14.33% |
| Sep 30, 2024 | 10.23% |
| Jun 30, 2024 | 14.34% |
| Mar 31, 2024 | 14.32% |
| Dec 31, 2023 | -7.32% |
| Sep 30, 2023 | 14.65% |
| Jun 30, 2023 | 14.62% |
| Mar 31, 2023 | 15.25% |
| Dec 31, 2022 | 19.00% |
| Sep 30, 2022 | 14.67% |
| Jun 30, 2022 | 15.73% |
| Mar 31, 2022 | 14.04% |
| Dec 31, 2021 | 13.90% |
| Sep 30, 2021 | 19.91% |
| Jun 30, 2021 | 17.62% |