# Verizon Communications Inc. (VZ) FY2025 YTD Q3 P&L / Income Statement

- Company: Verizon Communications Inc. (VZ)
- Period: 2025-01-01 to 2025-09-30
- Filing: Q3 FY2025 10-Q, filed 2025-10-29, accession number 0000732712-25-000116
- Page: https://plicit.ai/financials/vz/fy2025-ytd-q3-income-statement
- Chart image: https://plicit.ai/charts/vz-fy2025-ytd-q3-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2025-01-01 through 2025-09-30. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Operating Revenues**: 101,810,000,000 US dollars
- **Cost of revenue (calculated)**: 40,287,000,000 US dollars
- **Gross profit (calculated)**: 61,523,000,000 US dollars
- **Operating expenses (calculated)**: 37,268,000,000 US dollars
- **Operating Income**: 24,255,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 4,646,000,000 US dollars
- **Income Before Provision For Income Taxes**: 19,609,000,000 US dollars
- **Provision for income taxes**: 4,449,000,000 US dollars
- **Net Income**: 15,160,000,000 US dollars
- **Service revenues and other**: 84,538,000,000 US dollars
- **Wireless equipment**: 17,272,000,000 US dollars
- **Cost of services and equipment**: 40,287,000,000 US dollars
- **Selling, general and administrative expense**: 23,438,000,000 US dollars
- **Depreciation and amortization expense**: 13,830,000,000 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.: $14.83 B; to noncontrolling interests: $328.00 M.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/vz/fy2025-ytd-q3-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/vz-fy2025-ytd-q3-revenue-by-business-segment-sankey.png

Income statement for 2025-01-01 through 2025-09-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Operating Revenues**: 101,810,000,000 US dollars
- **Cost of revenue (calculated)**: 40,287,000,000 US dollars
- **Gross profit (calculated)**: 61,523,000,000 US dollars
- **Operating expenses (calculated)**: 37,268,000,000 US dollars
- **Operating Income**: 24,255,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 4,646,000,000 US dollars
- **Income Before Provision For Income Taxes**: 19,609,000,000 US dollars
- **Provision for income taxes**: 4,449,000,000 US dollars
- **Net Income**: 15,160,000,000 US dollars
- **Consumer**: 78,371,000,000 US dollars
- **Business**: 21,703,000,000 US dollars
- **Cost of services and equipment**: 40,287,000,000 US dollars
- **Selling, general and administrative expense**: 23,438,000,000 US dollars
- **Depreciation and amortization expense**: 13,830,000,000 US dollars
- **Revenue before reconciliation (calculated)**: 100,074,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Eliminations**: negative 246,000,000 US dollars. Reported reconciliation to consolidated revenue.
- **Corporate and other**: 1,982,000,000 US dollars. Reported reconciliation to consolidated revenue.
- **Consumer costs (calculated)**: 55,640,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Business costs (calculated)**: 19,764,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Reconciling items (calculated)**: 2,151,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

### 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.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
- Of which attributable to Verizon Communications Inc.: $14.83 B; to noncontrolling interests: $328.00 M.

## Chart details: Revenue by Business Segment by Product and Service

- Page: https://plicit.ai/financials/vz/fy2025-ytd-q3-income-statement/revenue-by-business-segment-by-product-and-service
- Chart image: https://plicit.ai/charts/vz-fy2025-ytd-q3-revenue-by-business-segment-by-product-and-service-sankey.png

Income statement for 2025-01-01 through 2025-09-30. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Operating Revenues**: 101,810,000,000 US dollars
- **Cost of revenue (calculated)**: 40,287,000,000 US dollars
- **Gross profit (calculated)**: 61,523,000,000 US dollars
- **Operating expenses (calculated)**: 37,268,000,000 US dollars
- **Operating Income**: 24,255,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 4,646,000,000 US dollars
- **Income Before Provision For Income Taxes**: 19,609,000,000 US dollars
- **Provision for income taxes**: 4,449,000,000 US dollars
- **Net Income**: 15,160,000,000 US dollars
- **Business - Fios revenues**: 930,000,000 US dollars
- **Business - Wireless service**: 10,732,000,000 US dollars
- **Consumer - Fios revenues**: 8,757,000,000 US dollars
- **Consumer - Wireless service**: 52,009,000,000 US dollars
- **Undisclosed (calculated)**: 29,382,000,000 US dollars
- **Cost of services and equipment**: 40,287,000,000 US dollars
- **Selling, general and administrative expense**: 23,438,000,000 US dollars
- **Depreciation and amortization expense**: 13,830,000,000 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.: $14.83 B; to noncontrolling interests: $328.00 M.