Verizon Communications (VZ) Net Margin (2009 - 2026)
Verizon Communications (VZ) posted quarterly Net Margin of 14.94% for Q1 2026, up 6.0% YoY from 14.1% in Q1 2025, and up 122.06% sequentially from 6.73% in Q4 2025.
Verizon Communications (VZ) Net Margin (2009 - 2026) Analysis & Trends
Verizon Communications has disclosed Net Margin across 18 years of filings, most recently posting 14.94% for Q1 2026.
- In Q1 2026, Net Margin rose 6.0% year-over-year to 14.94%; the TTM figure through Mar 2026 stood at 12.77% (down 69.0% YoY), while the FY2025 annual figure was 12.74%, down 57.0% from the prior year.
- Net Margin rose to 14.94% in Q1 2026, 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.
- The 5-year median for Net Margin is 14.65% (2023), against an average of 12.95%.
- Annual changes were most pronounced in 2023 — Net Margin sank 2633 bps — and 2024, when it soared 2166 bps.
- A 5-year view of Net Margin shows it stood at 19.0% in 2022, then slumped by 139 bps to 7.32% in 2023, then jumped by 296 bps to 14.33% in 2024, then slumped by 53 bps to 6.73% in 2025, then jumped by 122 bps to 14.94% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 14.94%, 6.73%, and 14.95% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 1,360.11 Bn | 465.10 Bn | - | - |
| 2 | T-Mobile US | 190.40 Bn | 186.88 Bn | 17.62 Bn | 10.84% |
| 3 | Verizon Communications | 176.65 Bn | 169.60 Bn | 27.94 Bn | 14.94% |
| 4 | At&T | 143.78 Bn | 133.82 Bn | 25.25 Bn | 12.04% |
| 5 | Telecom Argentina | 27.29 Bn | -708.89 Bn | - | - |
| 6 | Charter Communications | 17.55 Bn | 21.72 Bn | - | 10.02% |
| 7 | Millicom International Cellular | 15.13 Bn | 13.99 Bn | - | 5.49% |
| 8 | Globalstar | 10.40 Bn | 10.04 Bn | 46.63 Mn | -28.60% |
| 9 | Sify Technologies | 7.22 Bn | 7.17 Bn | 54.72 Mn | -3.00% |
| 10 | Lumen Technologies | 7.15 Bn | 5.53 Bn | 1.46 Bn | -6.90% |
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% |