Verizon revenue
Verizon's revenue was $138.19bn in fiscal 2025, up 2.5% on the year before. Since fiscal 2009 ($107.81bn) it has grown at a compound 1.6% a year. Over the last twelve months it was $139.39bn.
Revenue history
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 107.8 | 106.6 | 110.9 | 115.8 | 120.6 | 127.1 | 131.6 | 126.0 | 126.0 | 130.9 | 131.9 | 128.3 | 133.6 | 136.8 | 134.0 | 134.8 | 138.2 | 139.4 |
| Growth on the year before | — | −1.2% | +4.0% | +4.5% | +4.1% | +5.4% | +3.6% | −4.3% | +0.0% | +3.8% | +0.8% | −2.7% | +4.1% | +2.4% | −2.1% | +0.6% | +2.5% | — |
| Gross profit | 63.2 | 62.4 | 65.0 | 69.6 | 75.7 | 77.1 | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | 58.6% | 58.6% | 58.6% | 60.1% | 62.8% | 60.7% | — | — | — | — | — | — | — | — | — | — | — | — |
Where the revenue comes from
| Line of business | Revenue | YoY |
|---|---|---|
| Service and Other | $113B | ▲ 1.0% |
| Wireless Service | $83.7B | ▲ 2.0% |
| Products | $25.5B | ▲ 9.7% |
| Fios Revenues | $12.9B | ▲ 0.2% |
These categories overlap or exclude eliminations, so shares aren't shown.
From Verizon's 10-K filed February 17, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.
Revenue against peers
| Company | Revenue | Growth | 3-year growth a year |
|---|---|---|---|
| Verizon | $139.39bn | 1.4% | 1.3% |
| AT&T | $128.85bn | 3.5% | 1.9% |
| America Movil SAB DE Cv/ | $49.23bn | 3.1% | — |
| BCE Inc | $17.52bn | -1.7% | — |
| Telus Corp | $14.68bn | -1.4% | — |
| Chunghwa Telecom Co LTD | $7.59bn | 5.9% | — |
Compare with peers
More: Integrated Telecommunication Services stocks compared, Communication Services sector, rankings of US companies