Verizon Communications (VZ) Operating Income (2009 - 2026)
Verizon Communications' Operating Income was $7.18 billion in Q2 2026, down 12.2% from $8.17 billion a year earlier and down 12.9% from the prior quarter.
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Analysis
Verizon Communications (VZ) Operating Income (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Verizon Communications' Operating Income was $28.53 billion through Jun 30, 2026, down 3.3% year-over-year; for FY2025, it came in at $29.26 billion, up 2.0% from FY2024.
- Operating Income shows a five-year compound annual growth rate of 0.3% (FY2020 to FY2025).
- In earlier years, Operating Income was $28.69 billion in FY2024 (+25.4%), $22.88 billion in FY2023 (-24.9%), $30.47 billion in FY2022 (-6.1%) and $32.45 billion in FY2021 (+12.7%).
- Quarterly Operating Income has moved between $600 million (Q4 2023) and $8.91 billion (Q3 2021) over five years.
- Compared with a year earlier, Operating Income was higher in four of the last seven quarters, with an average decline of 2.1%.
- The best year-over-year quarter for Operating Income over five years was Q3 2025 (growth of 36.8%); the worst was Q4 2023 (a decline of 91.7%).
- Per Business Quant data, VZ's Operating Income in the three quarters before Q2 2026 was $8.24 billion (Q1 2026), $5 billion (Q4 2025) and $8.11 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 191.08 Bn | 155.48 Bn | 27.03 Bn | 7.18 Bn |
| 2 | T-Mobile US | 175.17 Bn | 159.92 Bn | 14.76 Bn | 5.49 Bn |
| 3 | At&T | 167.81 Bn | 115.76 Bn | 25.82 Bn | 7.04 Bn |
| 4 | Grupo Televisa, S.A.B | 146.22 Bn | 134.85 Bn | 318.12 Mn | 90.33 Mn |
| 5 | Comcast | 76.40 Bn | 40.65 Bn | - | 5.16 Bn |
| 6 | Chunghwa Telecom | 35.35 Bn | 31.20 Bn | 728.80 Mn | 419.57 Mn |
| 7 | EchoStar | 26.08 Bn | 17.22 Bn | 1.65 Bn | 512.94 Mn |
| 8 | AST SpaceMobile | 23.11 Bn | 23.62 Bn | 7.95 Mn | -321.14 Mn |
| 9 | Bce | 18.79 Bn | 17.12 Bn | - | - |
| 10 | Telefonica Brasil | 18.18 Bn | 12.18 Bn | 1.42 Bn | 513.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.18 Bn |
| Mar 31, 2026 | 8.24 Bn |
| Dec 31, 2025 | 5.00 Bn |
| Sep 30, 2025 | 8.11 Bn |
| Jun 30, 2025 | 8.17 Bn |
| Mar 31, 2025 | 7.98 Bn |
| Dec 31, 2024 | 7.42 Bn |
| Sep 30, 2024 | 5.93 Bn |
| Jun 30, 2024 | 7.82 Bn |
| Mar 31, 2024 | 7.52 Bn |
| Dec 31, 2023 | 600.00 Mn |
| Sep 30, 2023 | 7.47 Bn |
| Jun 30, 2023 | 7.22 Bn |
| Mar 31, 2023 | 7.58 Bn |
| Dec 31, 2022 | 7.23 Bn |
| Sep 30, 2022 | 7.89 Bn |
| Jun 30, 2022 | 7.55 Bn |
| Mar 31, 2022 | 7.80 Bn |
| Dec 31, 2021 | 7.61 Bn |
| Sep 30, 2021 | 8.91 Bn |
API Access
Verizon Communications Operating Income 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=operating-income&ticker=VZ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=VZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();