Verizon Communications VZ Revenue Breakdown

NYSE VZ
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At close: Sep 25, 2026 · 4:00 PM EDT
Annual revenue breakdowns for Verizon Communications, fiscal 2008 to 2016, as reported in its filings.
Annual history

Verizon Communications Revenue by Segment Reporting Information, by Segment

Years FY 2008–2010
Lines 2
FY 2010 Total $215.51B

Domestic Wireless was Verizon Communications’s largest segment in fiscal 2010, bringing in $166.76B of $215.51B (77%).

Verizon Communications revenue by segment reporting information, by segment, fiscal 2008 to 2010
Segment Reporting Information, by Segment FY 2008 FY 2009 FY 2010
Domestic Wireless $127.58B $205.73B $166.76B
Wireline $49.80B $48.33B $48.74B
Total $177.38B $254.05B $215.51B

Verizon Communications revenue by segment reporting information, by segment: what the figures show

Verizon Communications brought in $215.51B from its two segments in fiscal 2010, the year ended December 31, 2010. That was down 15.2% from $254.05B in fiscal 2009. Domestic Wireless was the largest at $166.76B (77.4%), ahead of Wireline at $48.74B (22.6%).

Compared with fiscal 2009, Wireline grew 0.9% to $48.74B, while Domestic Wireless fell 18.9% to $166.76B. From fiscal 2008 to 2010, combined revenue from these segments grew from $177.38B to $215.51B, a compound annual growth rate of 10.2%. Domestic Wireless' share of the total rose from 71.9% to 77.4%.

Annual history

Verizon Communications Revenue by Segment

Years FY 2008–2016
Lines 7
FY 2016 Total $363.83B

Service was Verizon Communications’s largest segment in fiscal 2016, bringing in $199.09B of $363.83B (55%).

Verizon Communications revenue by segment, fiscal 2008 to 2016
Segment FY 2008 FY 2013 FY 2014 FY 2015 FY 2016
Service — — $210.92B $199.09B
Equipment — — — $52.53B
Consumer Markets — — $38.09B $38.25B
Fios Revenues — $29.40B $32.10B $33.60B
Enterprise Solutions — — $28.13B $27.49B
Other $1.51B $1.58B $990.00M $942.00M
Partner Solutions — — $12.68B $11.93B
Total $362.13B $348.58B $333.56B $363.83B
Totals include 13 discontinued lines from earlier reporting.

Verizon Communications revenue by segment: what the figures show

Verizon Communications brought in $363.83B from its seven segments in fiscal 2016, the year ended December 31, 2016. Verizon Communications regrouped these segments after fiscal 2015, so the total does not compare directly with that year's $333.56B. Service was the largest at $199.09B (54.7%), ahead of Equipment at $52.53B (14.4%) and Consumer Markets at $38.25B (10.5%). The other four segments brought in $73.96B combined.

Compared with fiscal 2015, Fios Revenues grew fastest, up 4.7% to $33.60B, while Partner Solutions fell the most, down 6.0% to $11.93B.

Verizon Communications began breaking out Service in fiscal 2015, Equipment in fiscal 2016, Consumer Markets in fiscal 2015 and Fios Revenues in fiscal 2014. Verizon Communications stopped reporting Service Revenue ($217.67B in fiscal 2014), Mass Markets Consumer Retail ($44.53B in fiscal 2013), Mass Markets ($41.99B in fiscal 2014) and eight others as separate segments.

Annual history

Verizon Communications Revenue by Segment Reporting Information By Segment

Years FY 2008–2010
Lines 2
FY 2010 Total $170.81B

External Operating Revenues was Verizon Communications’s largest segment in fiscal 2010, bringing in $166.76B of $170.81B (98%).

Verizon Communications revenue by segment reporting information by segment, fiscal 2008 to 2010
Segment Reporting Information By Segment FY 2008 FY 2010
External Operating Revenues $127.58B $166.76B
Intersegment Revenue $3.83B $4.04B
Total $131.42B $170.81B

Verizon Communications revenue by segment reporting information by segment: what the figures show

Verizon Communications brought in $170.81B from its two segments in fiscal 2010, the year ended December 31, 2010. That is less than the $215.51B it reports by segment reporting information, by segment, so these segments do not cover all of its revenue. External Operating Revenues was the largest at $166.76B (97.6%), ahead of Intersegment Revenue at $4.04B (2.4%).

Compared with fiscal 2008, the previous year with figures, External Operating Revenues grew 30.7% to $166.76B and Intersegment Revenue grew 5.5% to $4.04B.

Questions

Verizon Communications Revenue Breakdown FAQ

How does Verizon Communications make money?

Verizon Communications (VZ) reports its revenue by segment reporting information, by segment, by segment and by segment reporting information by segment. In fiscal 2010, Domestic Wireless was its largest segment, bringing in $166.76B (77.4% of the total), followed by Wireline at $48.74B (22.6%).

What is Verizon Communications' largest segment?

Domestic Wireless was Verizon Communications' largest segment in fiscal 2010, bringing in $166.76B, or 77.4% of the $215.51B total across its two segments.

Which Verizon Communications segment is growing the fastest?

Wireline grew faster than Domestic Wireless in fiscal 2010, up 0.9% from $48.33B to $48.74B. Domestic Wireless fell 18.9% to $166.76B.

Where does this revenue breakdown data come from?

Every figure comes from Verizon Communications' annual financial filings, as reported. Each line keeps the name Verizon Communications gives it, and years follow its fiscal calendar.

How far back does Verizon Communications' revenue breakdown go?

Verizon Communications' revenue by segment reporting information, by segment goes back to fiscal 2008, with figures through fiscal 2010. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.