VZ | Verizon Communications Inc. Stock Financials Income Statements Annual

(Stock Exchange: NYSE)

*Sign In to persist settings

Financial Year End	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31
Revenue	133.97B	136.84B	133.61B	128.29B	131.87B	130.86B	126.03B	125.98B	131.62B	127.08B	120.55B	115.85B	110.88B	106.56B	107.81B	97.35B	93.47B	88.14B	75.11B	71.28B	67.75B	67.62B	67.19B	64.71B	33.17B	31.57B	30.19B	13.08B	13.43B	13.79B
Cost of Revenue	54.89B	59.13B	56.30B	51.20B	54.73B	55.51B	51.56B	51.42B	52.56B	49.93B	44.89B	46.27B	45.88B	44.15B	44.30B	39.01B	37.55B	34.99B	25.47B	23.17B	21.78B	41.95B	41.65B	39.48B	10.22B	9.39B	8.44B	3.63B	3.69B	4.00B
Gross Profit	79.09B	77.70B	77.31B	77.09B	77.14B	75.36B	74.48B	74.56B	79.06B	77.15B	75.66B	69.57B	65.00B	62.42B	63.51B	58.35B	55.92B	53.15B	49.64B	48.12B	45.97B	25.67B	25.54B	25.23B	22.96B	22.18B	21.75B	9.45B	9.74B	9.79B
Operating Expenses	50.37B	47.23B	44.86B	48.29B	46.58B	48.49B	45.29B	47.50B	46.00B	57.55B	43.70B	56.41B	52.12B	47.77B	49.48B	41.46B	40.34B	39.78B	35.36B	35.00B	38.62B	10.68B	14.01B	12.26B	14.46B	15.55B	16.41B	6.52B	6.65B	6.99B
Selling, General & Admin	32.74B	30.14B	28.66B	31.57B	29.90B	31.08B	28.34B	31.57B	29.99B	41.02B	27.09B	39.95B	35.62B	31.37B	32.95B	26.90B	25.97B	25.23B	21.31B	21.09B	25.00B	N/A	N/A	N/A	8.24B	9.80B	9.05B	3.92B	4.02B	4.33B
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Other Operating Expenses	-975.00M	2.30B	3.81B	-475.00M	583.00M	2.36B	16.95B	15.93B	16.02B	16.53B	16.61B	16.46B	16.50B	16.41B	16.53B	14.56B	14.38B	14.54B	14.05B	13.91B	13.62B	10.68B	14.01B	12.26B	6.22B	5.75B	7.36B	2.59B	2.63B	2.65B
Operating Income	22.88B	30.47B	32.45B	28.80B	30.38B	22.28B	27.41B	27.06B	33.06B	19.60B	31.97B	13.16B	12.88B	14.64B	14.03B	16.88B	15.58B	13.37B	14.28B	13.12B	7.35B	15.00B	11.53B	12.96B	8.49B	6.63B	5.34B	2.94B	3.09B	2.80B
Other Expenses / Income	-6.56B	1.27B	409.00M	-649.00M	-3.22B	-2.41B	-6.82B	-6.07B	-4.82B	-4.33B	-2.69B	-3.26B	-2.40B	-1.96B	-2.46B	-970.00M	-1.03B	-1.18B	-632.00M	-596.00M	-1.01B	-8.79B	-8.77B	4.85B	-1.73B	-1.63B	-1.36B	-186.00M	-76.80M	-517.80M
Before Tax Income	16.99B	28.27B	29.42B	23.97B	22.73B	19.62B	20.59B	20.99B	28.24B	15.27B	29.28B	9.90B	10.48B	12.68B	11.57B	15.91B	14.54B	12.19B	13.65B	12.52B	6.34B	6.20B	2.77B	17.82B	6.76B	5.00B	3.98B	2.75B	3.01B	2.29B
Income Tax Expenses	4.89B	6.52B	6.80B	5.62B	2.94B	3.58B	-9.96B	7.38B	9.87B	3.31B	5.73B	-660.00M	285.00M	2.47B	1.21B	3.33B	3.98B	2.67B	3.21B	2.85B	1.25B	1.62B	2.18B	7.01B	2.56B	2.01B	1.53B	1.01B	1.15B	884.90M
Net Income	11.61B	21.26B	22.07B	17.80B	19.27B	15.53B	30.10B	13.13B	17.88B	9.62B	11.50B	875.00M	2.40B	2.55B	3.65B	6.43B	5.52B	6.20B	7.40B	7.83B	3.08B	4.08B	389.00M	11.80B	4.20B	2.97B	2.45B	1.74B	1.86B	-754.80M
Interest Expenses	5.52B	3.61B	3.48B	4.25B	4.73B	4.83B	4.73B	4.38B	4.92B	4.92B	2.67B	2.57B	2.83B	2.52B	3.10B	1.82B	1.83B	2.35B	2.18B	2.38B	2.80B	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Basic Shares Outstanding	4.21B	4.20B	4.15B	4.14B	4.14B	4.13B	4.08B	4.08B	4.08B	3.97B	2.87B	2.85B	2.83B	2.83B	2.84B	2.85B	2.90B	2.91B	2.77B	2.77B	2.76B	2.73B	2.71B	2.71B	1.55B	1.55B	1.55B	879.20M	876.60M	874.40M
Diluted Shares Outstanding	4.21B	4.20B	4.15B	4.14B	4.14B	4.13B	4.09B	4.09B	4.09B	3.98B	2.87B	2.86B	2.84B	2.83B	2.84B	2.85B	2.90B	2.94B	2.82B	2.83B	2.79B	2.75B	2.73B	2.74B	1.58B	1.58B	1.57B	946.47M	876.60M	876.80M
EBITDA	45.67B	50.06B	52.65B	45.06B	47.94B	46.45B	41.83B	40.81B	48.68B	34.39B	36.50B	19.25B	22.01B	23.94B	24.50B	26.14B	25.71B	25.77B	26.83B	26.98B	20.74B	19.12B	16.22B	31.07B	12.83B	10.72B	9.74B	5.35B	5.63B	2.78B
EBITDA Margin	34.09%	36.58%	39.41%	35.13%	36.35%	35.50%	33.19%	32.39%	36.99%	27.06%	30.28%	16.61%	19.85%	22.47%	22.72%	26.85%	27.51%	29.23%	35.73%	37.84%	30.62%	28.27%	24.14%	48.01%	38.67%	33.97%	32.25%	40.86%	41.94%	20.17%
EBIT	22.03B	31.39B	32.35B	27.67B	26.94B	23.95B	24.88B	24.88B	32.66B	17.85B	19.89B	2.79B	5.52B	7.54B	7.96B	11.58B	11.33B	11.22B	12.79B	13.07B	7.13B	5.70B	2.56B	18.81B	6.76B	4.97B	3.98B	2.75B	3.01B	130.10M
EBIT Margin	16.44%	22.94%	24.21%	21.57%	20.43%	18.30%	19.74%	19.75%	24.82%	14.05%	16.50%	2.40%	4.97%	7.07%	7.39%	11.89%	12.12%	12.73%	17.02%	18.33%	10.52%	8.42%	3.82%	29.06%	20.37%	15.76%	13.20%	21.03%	22.38%	0.94%
Financial Year End	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31