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
DateValue
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%