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
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%