Verizon Communications (VZ) Net Margin (2009 - 2026)
Verizon Communications (VZ) reported Net Margin of 11.20% for Q2 2026, down 3.30 percentage points from 14.50% a year earlier and down 3.45 percentage points from the prior quarter.
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Analysis
Verizon Communications (VZ) Net Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Verizon Communications' Net Margin came in at 11.64%, down 1.64 percentage points year-over-year; for FY2025, it was 12.43%, down 0.56 percentage points from FY2024.
- Net Margin has a five-year change of -1.45 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at 12.99% in FY2024 (+4.32 pp), 8.67% in FY2023 (-6.87 pp), 15.53% in FY2022 (-0.98 pp) and 16.51% in FY2021 (+2.64 pp).
- Five-year quarterly Net Margin spans a low of -7.70% in Q4 2023 and a high of 19.47% in Q3 2021.
- Year over year, Net Margin gained in five of the last eight quarters, with an average year-over-year change of +1.55 percentage points.
- The high point for year-over-year Net Margin in five years was Q4 2024 (a gain of 21.73 percentage points); the low point was Q4 2023 (a drop of 26.36 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 14.65% (Q1 2026), 6.44% (Q4 2025) and 14.64% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 193.94 Bn | 158.35 Bn | 27.03 Bn | 11.20% |
| 2 | T-Mobile US | 178.90 Bn | 163.65 Bn | 14.76 Bn | 14.21% |
| 3 | At&T | 170.76 Bn | 118.71 Bn | 25.82 Bn | 14.55% |
| 4 | Grupo Televisa, S.A.B | 146.22 Bn | 134.85 Bn | 318.12 Mn | -3.48% |
| 5 | Comcast | 77.07 Bn | 41.32 Bn | - | 11.78% |
| 6 | Chunghwa Telecom | 35.67 Bn | 31.52 Bn | 728.80 Mn | 18.36% |
| 7 | EchoStar | 25.89 Bn | 17.02 Bn | 1.65 Bn | 236.63% |
| 8 | AST SpaceMobile | 23.74 Bn | 24.24 Bn | 7.95 Mn | -732.58% |
| 9 | Bce | 19.19 Bn | 17.52 Bn | - | 9.03% |
| 10 | Telefonica Brasil | 18.02 Bn | 12.02 Bn | 1.42 Bn | 9.98% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.20% |
| Mar 31, 2026 | 14.65% |
| Dec 31, 2025 | 6.44% |
| Sep 30, 2025 | 14.64% |
| Jun 30, 2025 | 14.50% |
| Mar 31, 2025 | 14.57% |
| Dec 31, 2024 | 14.03% |
| Sep 30, 2024 | 9.92% |
| Jun 30, 2024 | 14.00% |
| Mar 31, 2024 | 13.95% |
| Dec 31, 2023 | -7.70% |
| Sep 30, 2023 | 14.28% |
| Jun 30, 2023 | 14.26% |
| Mar 31, 2023 | 14.92% |
| Dec 31, 2022 | 18.66% |
| Sep 30, 2022 | 14.31% |
| Jun 30, 2022 | 15.39% |
| Mar 31, 2022 | 13.65% |
| Dec 31, 2021 | 13.54% |
| Sep 30, 2021 | 19.47% |
API Access
Verizon Communications Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=VZ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "VZ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=VZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();