Verizon Communications Inc. (VZ) FY2025 Q3 P&L / Income Statement
2025-07-01 to 2025-09-30
Revenue by Product and Service
2025-07-01 to 2025-09-30
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Verizon Communications Inc. (VZ) FY2025 Q3 P&L / Income Statement
Income statement for 2025-07-01 through 2025-09-30. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Operating Revenues
- 33,821,000,000 US dollars
- Cost of revenue (calculated)
- 13,346,000,000 US dollars
- Gross profit (calculated)
- 20,475,000,000 US dollars
- Operating expenses (calculated)
- 12,370,000,000 US dollars
- Operating Income
- 8,105,000,000 US dollars
- Other income (expense), net (calculated)
- negative 1,578,000,000 US dollars
- Income Before Provision For Income Taxes
- 6,527,000,000 US dollars
- Provision for income taxes
- 1,471,000,000 US dollars
- Net Income
- 5,056,000,000 US dollars
- Service revenues and other
- 28,202,000,000 US dollars
- Wireless equipment
- 5,619,000,000 US dollars
- Cost of services and equipment
- 13,346,000,000 US dollars
- Selling, general and administrative expense
- 7,752,000,000 US dollars
- Depreciation and amortization expense
- 4,618,000,000 US dollars
Chart connections
- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Of which attributable to Verizon Communications Inc.: $4.95 B; to noncontrolling interests: $106.00 M.

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Gross margin
60.5%
Gross profit / revenue
Operating margin
24.0%
Operating profit / revenue
Cash conversion
222.8%
Operating cash / net income, same period
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