Verizon Communications (VZ) Net Margin (2009 - 2026)
Verizon Communications' (VZ) quarterly Net Margin came in at 11.53% in Q2 2026, down 331.0% year-over-year from 4.99% in Q2 2025, and down 22.84% quarter-over-quarter from 14.94% in Q1 2026.
Analysis
Verizon Communications (VZ) Net Margin (2009 - 2026) Analysis & Trends
Verizon Communications (VZ) has reported Net Margin for 18 consecutive years, with 11.53% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Net Margin fell 331.0% year-over-year to 11.53% in Q2 2026; TTM through Jun 2026 was 11.95%, a 165.0% decrease from a year earlier, with the FY2025 full-year figure at 12.74%, down 57.0% from the prior year.
- Net Margin was 11.53% for Q2 2026 at Verizon Communications, down from 14.94% 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 12.87% and a median of 14.64% in 2023 frame the typical range for Net Margin.
- Across the five-year window, Net Margin plunged 2633 bps in 2023 and surged 2166 bps in 2024, its largest moves.
- Over 5 years, Net Margin stood at 19.0% in 2022, then sank by 139 bps to 7.32% in 2023, then soared by 296 bps to 14.33% in 2024, then sank by 53 bps to 6.73% in 2025, then surged by 71 bps to 11.53% in 2026.
- The last three Net Margin figures came in at 11.53% (Q2 2026), 14.94% (Q1 2026), and 6.73% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 207.36 Bn | 205.61 Bn | 27.03 Bn | 11.53% |
| 2 | T-Mobile US | 192.37 Bn | 189.55 Bn | 17.74 Bn | 14.43% |
| 3 | At&T | 174.39 Bn | 156.82 Bn | 25.25 Bn | 14.55% |
| 4 | Chunghwa Telecom | 34.46 Bn | 31.88 Bn | 728.80 Mn | 18.36% |
| 5 | Rogers Communications | 20.60 Bn | 23.90 Bn | 1.77 Bn | -12.93% |
| 6 | Telefonica Brasil | 19.00 Bn | 17.31 Bn | 1.42 Bn | 9.98% |
| 7 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 14.91 Bn | -56,572.09 Bn | - | - |
| 8 | Telus | 14.48 Bn | 13.37 Bn | - | -18.51% |
| 9 | Bce | 14.36 Bn | 14.24 Bn | - | 9.03% |
| 10 | Kt | 9.57 Bn | 11.02 Bn | - | 1.45% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.53% |
| 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% |