Verizon Communications Income Statement (2009-2026) | VZ

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Income Statement	Jun2021	Sep2021	Dec2021	Mar2022	Jun2022	Sep2022	Dec2022	Mar2023	Jun2023	Sep2023	Dec2023	Mar2024	Jun2024	Sep2024	Dec2024	Mar2025	Jun2025	Sep2025	Dec2025	Mar2026
Revenue & cost
Revenue (Quarter)	33.76B	32.91B	34.07B	33.55B	33.79B	34.24B	35.25B	32.91B	32.60B	33.34B	35.13B	32.98B	32.80B	33.33B	35.68B	33.48B	34.50B	33.82B	36.38B	34.44B
Cost of Revenue (Quarter)	5.93B	7.86B	3.04B	7.12B	7.49B	7.31B	-16.09B	6.43B	5.78B	6.35B	5.64B	5.91B	4.43B	1.20B	12.07B	6.11B	6.88B	1.21B	3.24B	6.50B
Gross Profit (Quarter)	27.83B	25.06B	31.03B	26.43B	26.30B	26.93B	51.34B	26.49B	26.82B	26.98B	29.49B	27.08B	28.36B	32.13B	23.61B	27.38B	27.63B	32.61B	33.14B	27.93B
Operating items
Selling, General & Administrative (Quarter)	7.32B	6.52B	7.41B	7.17B	7.50B	7.42B	8.05B	7.51B	8.25B	8.00B	8.99B	8.14B	8.02B	9.71B	8.24B	7.87B	7.81B	7.75B	10.38B	7.63B
Restructuring Costs (Quarter)
Other Operating Expenses (Quarter)	18.27B	17.49B	19.05B	18.59B	18.74B	18.93B	19.98B	17.82B	17.12B	17.87B	25.54B	17.32B	16.95B	17.70B	20.02B	17.63B	18.52B	17.96B	21.00B	18.57B
Operating Expenses (Quarter)	25.60B	24.01B	26.46B	25.76B	26.24B	26.35B	28.03B	25.33B	25.38B	25.86B	34.53B	25.46B	24.98B	27.40B	28.26B	25.51B	26.33B	25.72B	31.38B	26.20B
Operating Income (Quarter)	8.16B	8.90B	7.61B	7.80B	7.55B	7.89B	7.22B	7.58B	7.22B	7.47B	0.60B	7.52B	7.82B	5.93B	7.42B	7.98B	8.17B	8.11B	5.00B	8.24B
EBIT (Quarter)	8.16B	8.90B	7.61B	7.80B	7.55B	7.89B	7.22B	7.58B	7.22B	7.47B	0.60B	7.52B	7.82B	5.93B	7.42B	7.98B	8.17B	8.11B	5.00B	8.24B
Non-operating items
Other Non Operating Income (Quarter)	0.50B	0.27B	-0.86B	-0.92B	0.05B	-0.44B	2.69B	0.11B	0.21B	0.17B	-0.81B	0.20B	-0.07B	0.07B	0.80B	0.12B	0.08B	0.09B	-0.18B	0.48B
Non Operating Income (Quarter)	0.50B	0.27B	-0.86B	-0.92B	0.05B	-0.44B	2.69B	0.11B	0.21B	0.17B	-0.81B	0.20B	-0.07B	0.07B	0.80B	0.12B	0.08B	0.09B	-0.18B	0.48B
Net income details
EBT (Quarter)	7.82B	8.37B	6.14B	6.08B	6.86B	6.52B	8.81B	6.50B	6.11B	6.19B	-1.82B	6.08B	6.03B	4.30B	6.57B	6.47B	6.61B	6.53B	3.06B	6.78B
Tax Provisions (Quarter)	1.88B	1.82B	1.41B	1.37B	1.54B	1.50B	2.11B	1.48B	1.35B	1.31B	0.76B	1.35B	1.33B	0.89B	1.45B	1.49B	1.49B	1.47B	0.61B	1.64B
Profit After Tax (Quarter)	5.95B	6.41B	5.17B	4.58B	5.20B	4.90B	6.21B	5.02B	4.77B	4.76B	-2.71B	4.60B	4.59B	3.41B	5.45B	4.88B	5.00B	5.06B	2.01B	5.15B
Equity Income (Quarter)	0.00B	0.00B	0.14B	-0.00B	0.04B	0.00B	0.00B	0.01B	-0.03B	-0.02B	-0.01B	-0.01B	-0.01B	-0.02B	-0.01B	0.01B	-0.00B	-0.01B	0.00B	0.01B
Income from Non-Controlling Interests (Quarter)	0.15B	0.15B	0.12B	0.13B	0.12B	0.12B	0.12B	0.11B	0.12B	0.12B	0.13B	0.12B	0.11B	0.10B	0.11B	0.10B	0.12B	0.11B	0.11B	0.10B
Income from Continuing Operations (Quarter)	5.95B	6.55B	4.74B	4.71B	5.32B	5.02B	6.70B	5.02B	4.77B	4.88B	-2.57B	4.72B	4.70B	3.41B	5.11B	4.98B	5.12B	5.06B	2.45B	5.15B
Consolidated Net Income (Quarter)	5.95B	6.55B	4.74B	4.71B	5.32B	5.02B	6.70B	5.02B	4.77B	4.88B	-2.57B	4.72B	4.70B	3.41B	5.11B	4.98B	5.12B	5.06B	2.45B	5.15B
Income towards Parent Company (Quarter)	5.95B	6.55B	4.74B	4.71B	5.32B	5.02B	6.70B	5.02B	4.77B	4.88B	-2.57B	4.72B	4.70B	3.41B	5.11B	4.98B	5.12B	5.06B	2.45B	5.15B
Net Income towards Common Stockholders (Quarter)	5.95B	6.55B	4.74B	4.71B	5.32B	5.02B	6.70B	5.02B	4.77B	4.88B	-2.57B	4.72B	4.70B	3.41B	5.11B	4.98B	5.12B	5.06B	2.45B	5.15B
Additional items
EPS (Basic) (Quarter)	1.40	1.55	1.11	1.09	1.24	1.17	1.57	1.17	1.10	1.13	-0.64	1.09	1.09	0.78	1.19	1.16	1.18	1.17	0.55	1.20
EPS (Weighted Average and Diluted) (Quarter)	1.40	1.55	1.11	1.09	1.24	1.17	1.57	1.17	1.10	1.13	-0.65	1.09	1.09	0.78	1.18	1.15	1.18	1.17	0.55	1.20
Shares Outstanding (Weighted Average) (Quarter)	4.14B	4.14B	4.15B	4.20B	4.20B	4.20B	4.20B	4.21B	4.21B	4.21B	4.21B	4.21B	4.21B	4.22B	4.22B	4.22B	4.22B	4.22B	4.23B	4.21B
Shares Outstanding (Diluted Average) (Quarter)	4.14B	4.14B	4.15B	4.20B	4.20B	4.20B	4.20B	4.21B	4.21B	4.21B	4.21B	4.22B	4.22B	4.22B	4.22B	4.23B	4.23B	4.23B	4.23B	4.21B
EBITDA (Quarter)	8.16B	8.90B	7.61B	7.80B	7.55B	7.89B	7.22B	7.58B	7.22B	7.47B	0.60B	7.52B	7.82B	5.93B	7.42B	7.98B	8.17B	8.11B	5.00B	8.24B
Interest Expenses (Quarter)	0.84B	0.80B	0.74B	0.79B	0.79B	0.94B	1.10B	1.21B	1.28B	1.43B	1.60B	1.64B	1.70B	1.67B	1.64B	1.63B	1.64B	1.66B	1.76B	1.94B
Tax Rate (Quarter)	23.96%	21.73%	22.90%	22.55%	22.49%	22.94%	23.98%	22.80%	22.02%	21.12%	-41.61%	22.27%	22.07%	20.71%	22.14%	23.02%	22.51%	22.54%	20.08%	24.15%

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Verizon Communications Income Statement (2009-2026) | VZ

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