Veon Ltd. income statement

In fiscal 2025, Veon Ltd. reported revenue of $4.40bn, up 9.9% on the year before, operating income of $1.44bn (a 32.7% margin) and net income of $591m, or $7.50 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Veon Ltd.: income statement, annual
Fiscal year	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	9,606	8,885	9,474	9,086	8,089	3,482	3,850	3,755	3,698	4,004	4,399
Operating income	524	1,084	1,467	554	1,865	823	1,023	1,163	929	1,110	1,439
Income before tax	−595	288	328	−248	1,044	373	464	802	559	704	785
Income tax	220	635	472	369	462	279	344	69	179	217	194
Net income	−553	2,420	−534	362	683	−316	801	−9	−2,450	487	591
Diluted EPS	—	—	—	—	$9.00	—	—	—	−$36.00	—	$7.50
Diluted shares (average)	70m	70m	70m	70m	70m	70m	71m	70m	71m	72m	72m
EBITDA	2,591	3,020	3,495	2,388	3,710	1,553	1,822	1,941	1,664	1,838	2,241

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Veon Ltd.'s SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Veon Ltd.