Verizon Communications VZ
NYSE VZ
$49.76 -0.65 (-1.30%)
As of: Sep 9, 2026 · 3:59 PM EDT

Verizon Communications (VZ) Net Margin (2009 - 2026)

Verizon Communications' (VZ) quarterly Net Margin came in at 11.53% in Q2 2026, down 331.0% year-over-year from 4.99% in Q2 2025, and down 22.84% quarter-over-quarter from 14.94% in Q1 2026.

Analysis

Verizon Communications (VZ) Net Margin (2009 - 2026) Analysis & Trends

Verizon Communications (VZ) has reported Net Margin for 18 consecutive years, with 11.53% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Net Margin fell 331.0% year-over-year to 11.53% in Q2 2026; TTM through Jun 2026 was 11.95%, a 165.0% decrease from a year earlier, with the FY2025 full-year figure at 12.74%, down 57.0% from the prior year.
  • Net Margin was 11.53% for Q2 2026 at Verizon Communications, down from 14.94% in the prior quarter.
  • Over five years, Net Margin peaked at 19.0% in Q4 2022 and troughed at 7.32% in Q4 2023.
  • A 5-year average of 12.87% and a median of 14.64% in 2023 frame the typical range for Net Margin.
  • Across the five-year window, Net Margin plunged 2633 bps in 2023 and surged 2166 bps in 2024, its largest moves.
  • Over 5 years, Net Margin stood at 19.0% in 2022, then sank by 139 bps to 7.32% in 2023, then soared by 296 bps to 14.33% in 2024, then sank by 53 bps to 6.73% in 2025, then surged by 71 bps to 11.53% in 2026.
  • The last three Net Margin figures came in at 11.53% (Q2 2026), 14.94% (Q1 2026), and 6.73% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Verizon Communications 207.36 Bn 205.61 Bn 27.03 Bn 11.53%
2 T-Mobile US 192.37 Bn 189.55 Bn 17.74 Bn 14.43%
3 At&T 174.39 Bn 156.82 Bn 25.25 Bn 14.55%
4 Chunghwa Telecom 34.46 Bn 31.88 Bn 728.80 Mn 18.36%
5 Rogers Communications 20.60 Bn 23.90 Bn 1.77 Bn -12.93%
6 Telefonica Brasil 19.00 Bn 17.31 Bn 1.42 Bn 9.98%
7 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 14.91 Bn -56,572.09 Bn - -
8 Telus 14.48 Bn 13.37 Bn - -18.51%
9 Bce 14.36 Bn 14.24 Bn - 9.03%
10 Kt 9.57 Bn 11.02 Bn - 1.45%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 11.53%
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%