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

Verizon Communications (VZ) reported Net Margin of 14.94% for Q1 2026, up 6.0% year-over-year from 14.1% in Q1 2025, and up 122.06% quarter-over-quarter 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.

  • Net Margin for Q1 2026 came in at 14.94%, up 6.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 12.77% (down 69.0% YoY), and the FY2025 annual result was 12.74%, down 57.0% from the prior year.
  • Net Margin climbed to 14.94% in Q1 2026 per VZ's latest filing, from 6.73% 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 12.95% and a median of 14.65% in 2023 frame the typical range for Net Margin.
  • The sharpest annual moves came in 2023 and 2024: Net Margin tumbled 2633 bps in 2023, then soared 2166 bps in 2024.
  • A 5-year view of Net Margin shows it stood at 19.0% in 2022, then plunged by 139 bps to 7.32% in 2023, then jumped by 296 bps to 14.33% in 2024, then plunged by 53 bps to 6.73% in 2025, then jumped by 122 bps to 14.94% in 2026.
  • Business Quant data shows VZ's Net Margin at 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 Bce 382.57 Bn 381.58 Bn - 9.99%
2 T-Mobile US 195.94 Bn 192.42 Bn 17.62 Bn 10.84%
3 Verizon Communications 190.78 Bn 183.73 Bn 27.94 Bn 14.94%
4 At&T 159.64 Bn 149.68 Bn 25.25 Bn 12.04%
5 Telefonica Brasil 146.21 Bn 144.47 Bn 1.32 Bn 8.16%
6 America Movil Sab De Cv 128.31 Bn 126.27 Bn 10.13 Bn 16.57%
7 Chunghwa Telecom 109.39 Bn 107.21 Bn 719.92 Mn 0.00%
8 Millicom International Cellular 106.22 Bn 104.67 Bn - 5.49%
9 Veon 82.81 Bn 80.59 Bn - 8.24%
10 EchoStar 33.61 Bn 33.48 Bn 3.13 Bn -4.01%

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%