Verizon Communications Inc. (VZ) FY2025 YTD Q2 P&L / Income Statement
2025-01-01 to 2025-06-30
Revenue by Business Segment by Product and Service
2025-01-01 to 2025-06-30
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Verizon Communications Inc. (VZ) FY2025 YTD Q2 P&L / Income Statement
Income statement for 2025-01-01 through 2025-06-30. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Operating Revenues
- 67,989,000,000 US dollars
- Cost of revenue (calculated)
- 26,941,000,000 US dollars
- Gross profit (calculated)
- 41,048,000,000 US dollars
- Operating expenses (calculated)
- 24,898,000,000 US dollars
- Operating Income
- 16,150,000,000 US dollars
- Other income (expense), net (calculated)
- negative 3,068,000,000 US dollars
- Income Before Provision For Income Taxes
- 13,082,000,000 US dollars
- Provision for income taxes
- 2,978,000,000 US dollars
- Net Income
- 10,104,000,000 US dollars
- Business - Fios revenues
- 620,000,000 US dollars
- Business - Wireless service
- 7,144,000,000 US dollars
- Consumer - Fios revenues
- 5,820,000,000 US dollars
- Consumer - Wireless service
- 34,568,000,000 US dollars
- Undisclosed (calculated)
- 19,837,000,000 US dollars
- Cost of services and equipment
- 26,941,000,000 US dollars
- Selling, general and administrative expense
- 15,686,000,000 US dollars
- Depreciation and amortization expense
- 9,212,000,000 US dollars
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- 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.: $9.88 B; to noncontrolling interests: $222.00 M.

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Gross margin
60.4%
Gross profit / revenue
Operating margin
23.8%
Operating profit / revenue
Cash conversion
165.8%
Operating cash / net income, same period
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