# Verizon Communications Inc. (VZ) FY2026 Q2 P&L / Income Statement

- Company: Verizon Communications Inc. (VZ)
- Period: 2026-04-01 to 2026-06-30
- Filing: Q2 FY2026 10-Q, filed 2026-07-31, accession number 0000732712-26-000046
- Page: https://plicit.ai/financials/vz/fy2026-q2-income-statement
- Chart image: https://plicit.ai/charts/vz-fy2026-q2-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2026-04-01 through 2026-06-30. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Operating Revenues**: 34,253,000,000 US dollars
- **Cost of revenue (calculated)**: 13,084,000,000 US dollars
- **Gross profit (calculated)**: 21,169,000,000 US dollars
- **Operating expenses (calculated)**: 13,990,000,000 US dollars
- **Operating Income**: 7,179,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 1,905,000,000 US dollars
- **Income Before Provision For Income Taxes**: 5,274,000,000 US dollars
- **Provision for income taxes**: 1,325,000,000 US dollars
- **Net Income**: 3,949,000,000 US dollars
- **Service revenues and other**: 29,229,000,000 US dollars
- **Wireless equipment**: 5,024,000,000 US dollars
- **Cost of services and equipment**: 13,084,000,000 US dollars
- **Selling, general and administrative expense**: 8,982,000,000 US dollars
- **Depreciation and amortization expense**: 5,008,000,000 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.: $3.84 B; to noncontrolling interests: $114.00 M.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/vz/fy2026-q2-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/vz-fy2026-q2-revenue-by-business-segment-sankey.png

Income statement for 2026-04-01 through 2026-06-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Operating Revenues**: 34,253,000,000 US dollars
- **Cost of revenue (calculated)**: 13,084,000,000 US dollars
- **Gross profit (calculated)**: 21,169,000,000 US dollars
- **Operating expenses (calculated)**: 13,990,000,000 US dollars
- **Operating Income**: 7,179,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 1,905,000,000 US dollars
- **Income Before Provision For Income Taxes**: 5,274,000,000 US dollars
- **Provision for income taxes**: 1,325,000,000 US dollars
- **Net Income**: 3,949,000,000 US dollars
- **Consumer**: 26,242,000,000 US dollars
- **Business**: 7,155,000,000 US dollars
- **Cost of services and equipment**: 13,084,000,000 US dollars
- **Selling, general and administrative expense**: 8,982,000,000 US dollars
- **Depreciation and amortization expense**: 5,008,000,000 US dollars
- **Revenue before reconciliation (calculated)**: 33,397,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Eliminations**: negative 80,000,000 US dollars. Reported reconciliation to consolidated revenue.
- **Corporate and other**: 936,000,000 US dollars. Reported reconciliation to consolidated revenue.
- **Consumer costs (calculated)**: 18,210,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Business costs (calculated)**: 6,164,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Reconciling items (calculated)**: 2,700,000,000 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.: $3.84 B; to noncontrolling interests: $114.00 M.