Verizon Communications Income Statement (2009-2026)

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Income Statement	Sep2021	Dec2021	Mar2022	Jun2022	Sep2022	Dec2022	Mar2023	Jun2023	Sep2023	Dec2023	Mar2024	Jun2024	Sep2024	Dec2024	Mar2025	Jun2025	Sep2025	Dec2025	Mar2026	Jun2026
Revenue & cost
Revenue (Quarter)	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	34.25B
Cost of Revenue (Quarter)	7.86B	-12.56B	7.23B	7.49B	7.31B	-16.09B	7.08B	6.99B	6.35B	-16.19B	1.16B	1.14B	6.05B	5.04B	4.91B	6.88B	6.48B	25.37B	5.30B	7.22B
Gross Profit (Quarter)	25.06B	46.63B	26.33B	26.30B	26.93B	51.34B	25.83B	25.61B	26.98B	51.32B	31.83B	31.66B	27.28B	30.64B	28.57B	27.63B	27.34B	11.01B	29.14B	27.03B
Operating items
Selling, General & Administrative (Quarter)	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	8.98B
Restructuring Costs (Quarter)
Other Operating Expenses (Quarter)	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	18.09B
Operating Expenses (Quarter)	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	27.07B
Operating Income (Quarter)	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	7.18B
EBIT (Quarter)	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	7.18B
Non-operating items
Other Non Operating Income (Quarter)	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	0.04B
Net income details
EBT (Quarter)	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	5.27B
Tax Provisions (Quarter)	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	1.32B
Profit After Tax (Quarter)	6.41B	4.61B	4.58B	5.32B	5.02B	6.70B	5.02B	4.77B	4.88B	-2.71B	4.60B	4.59B	3.31B	5.11B	4.88B	5.00B	5.06B	2.45B	5.04B	3.95B
Income from Non-Controlling Interests (Quarter)	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	0.11B
Income from Continuing Operations (Quarter)	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	3.95B
Consolidated Net Income (Quarter)	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	3.95B
Income towards Parent Company (Quarter)	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	3.95B
Net Income towards Common Stockholders (Quarter)	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	3.95B
Additional items
EPS (Basic) (Quarter)	1.58	1.14	1.12	1.27	1.20	1.59	1.19	1.13	1.16	-0.61	1.12	1.12	0.81	1.21	1.18	1.21	1.20	0.58	1.22	0.95
EPS (Diluted) (Quarter)	1.58	1.14	1.12	1.26	1.20	1.59	1.19	1.13	1.16	-0.61	1.12	1.11	0.81	1.21	1.18	1.21	1.19	0.58	1.22	0.95
Shares Outstanding (Quarter)	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	4.23B	4.23B	4.21B	4.17B
Shares Outstanding (Diluted) (Quarter)	4.14B	4.15B	4.20B	4.20B	4.20B	4.20B	4.21B	4.21B	4.22B	4.21B	4.22B	4.22B	4.22B	4.22B	4.23B	4.23B	4.23B	4.23B	4.21B	4.17B
Shares Outstanding (Entity) (Quarter)	4.29B	4.29B	4.29B	4.29B	4.29B	4.29B	4.29B	4.29B	4.29B	4.29B	4.29B	4.29B	4.29B	4.29B	4.29B	4.29B	4.29B	4.29B	4.29B	4.29B
EBITDA (Quarter)	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	7.18B
Interest Expenses (Quarter)	0.99B	1.91B	1.58B	1.64B	1.73B	1.98B	1.32B	1.39B	1.48B	1.60B	1.64B	1.70B	1.67B	1.64B	1.63B	1.64B	1.66B	1.76B	1.94B	1.99B
Tax Rate (Quarter)	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%	25.12%

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