Verizon Communications (VZ) Net Margin (2009 - 2026)
Verizon Communications' (VZ) quarterly Net Margin came in at 14.94% in Q1 2026, up 6.0% year-on-year from 14.1% in Q1 2025, and up 122.06% on a QoQ basis 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.
- On a quarterly basis, Net Margin rose 6.0% year-over-year to 14.94% in Q1 2026; TTM through Mar 2026 was 12.77%, a 69.0% decrease from a year earlier, with the FY2025 full-year figure at 12.74%, down 57.0% from the prior year.
- Net Margin for Q1 2026 stood at 14.94%, up from 6.73% in the prior quarter.
- Over the last five years, Net Margin for VZ reached as high as 19.0% in Q4 2022 and fell as low as 7.32% in Q4 2023.
- Historically, Net Margin has averaged 12.95% across 5 years, with a median of 14.65% in 2023.
- Across the five-year window, Net Margin sank 2633 bps in 2023 and jumped 2166 bps in 2024, its largest moves.
- Year by year, Net Margin stood at 19.0% in 2022, then sank by 139 bps to 7.32% in 2023, then jumped by 296 bps to 14.33% in 2024, then sank by 53 bps to 6.73% in 2025, then jumped by 122 bps to 14.94% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 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 | America Movil Sab De Cv | 1,543.97 Bn | 1,543.97 Bn | 7.08 Bn | 25.73% |
| 2 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 1,427.96 Bn | -8,564.04 Bn | - | - |
| 3 | Grupo Televisa, S.A.B | 958.85 Bn | 957.15 Bn | 317.18 Mn | 0.00% |
| 4 | Chunghwa Telecom | 334.17 Bn | 331.99 Bn | 719.92 Mn | 17.68% |
| 5 | Verizon Communications | 198.41 Bn | 190.05 Bn | 29.14 Bn | 14.94% |
| 6 | T-Mobile US | 192.12 Bn | 189.29 Bn | 17.74 Bn | 14.43% |
| 7 | At&T | 169.04 Bn | 151.47 Bn | 25.25 Bn | 14.55% |
| 8 | Veon | 90.84 Bn | 90.84 Bn | - | 8.24% |
| 9 | Tim | 50.18 Bn | 50.03 Bn | 677.20 Mn | 6.28% |
| 10 | Telefonica Brasil | 45.44 Bn | 43.70 Bn | 1.32 Bn | 8.16% |
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% |