Verizon Communications net income 1985–2026What is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.
Verizon Communications earned 5.20B USD in Q3 FY2026, the three months to 30 September 2026, up 5.0% on the same quarter a year before. Verizon Communications's net income over the last twelve months was 16.42B USD, down 17.2% on the twelve months before. In fiscal year 2025 it earned 17.17B USD, down 1.9% on the year before.
Last updated 4 Nov 2026 · Next report 29 Jan 2027
Net income
Growth
| Fiscal year | Period ending | Net income | Growth | Net margin | Revenue |
|---|---|---|---|---|---|
| TTM | 30 Sept 2026 | 16.42B | -17.23% | 11.78% | 139.39B |
| FY2025 | 31 Dec 2025 | 17.17B | -1.90% | 12.43% | 138.19B |
| FY2024 | 31 Dec 2024 | 17.51B | +50.73% | 12.99% | 134.79B |
| FY2023 | 31 Dec 2023 | 11.61B | -45.36% | 8.67% | 133.97B |
| FY2022 | 31 Dec 2022 | 21.26B | -3.67% | 15.53% | 136.84B |
| FY2021 | 31 Dec 2021 | 22.07B | +23.95% | 16.51% | 133.61B |
| FY2020 | 31 Dec 2020 | 17.80B | -7.60% | 13.88% | 128.29B |
| FY2019 | 31 Dec 2019 | 19.27B | +24.07% | 14.61% | 131.87B |
| FY2018 | 31 Dec 2018 | 15.53B | -48.41% | 11.87% | 130.86B |
| FY2017 | 31 Dec 2017 | 30.10B | +129.31% | 23.88% | 126.03B |
| FY2016 | 31 Dec 2016 | 13.13B | -26.58% | 10.42% | 125.98B |
| FY2015 | 31 Dec 2015 | 17.88B | +85.76% | 13.58% | 131.62B |
| FY2014 | 31 Dec 2014 | 9.63B | -16.28% | 7.57% | 127.08B |
| FY2013 | 31 Dec 2013 | 11.50B | +1,213.94% | 9.54% | 120.55B |
| FY2012 | 31 Dec 2012 | 875.00M | -63.60% | 0.76% | 115.85B |
| FY2011 | 31 Dec 2011 | 2.40B | -5.69% | 2.17% | 110.88B |
| FY2010 | 31 Dec 2010 | 2.55B | -30.18% | 2.39% | 106.57B |
| FY2009 | 31 Dec 2009 | 3.65B | -43.20% | 3.39% | 107.81B |
| FY2008 | 31 Dec 2008 | 6.43B | +16.43% | 6.60% | 97.35B |
| FY2007 | 31 Dec 2007 | 5.52B | -10.91% | 5.91% | 93.47B |
| FY2006 | 31 Dec 2006 | 6.20B | -16.22% | 7.03% | 88.18B |
| FY2005 | 31 Dec 2005 | 7.40B | -5.54% | 10.64% | 69.52B |
| FY2004 | 31 Dec 2004 | 7.83B | +154.50% | 11.91% | 65.75B |
| FY2003 | 31 Dec 2003 | 3.08B | -24.56% | 4.56% | 67.47B |
| FY2002 | 31 Dec 2002 | 4.08B | +948.59% | 6.08% | 67.06B |
| FY2001 | 31 Dec 2001 | 389.00M | -96.70% | 0.58% | 66.71B |
| FY2000 | 31 Dec 2000 | 11.80B | +180.75% | 18.23% | 64.71B |
| FY1999 | 31 Dec 1999 | 4.20B | +41.72% | 7.22% | 58.19B |
| FY1998 | 31 Dec 1998 | 2.97B | +20.78% | 9.39% | 31.57B |
| FY1997 | 31 Dec 1997 | 2.45B | +41.13% | 8.13% | 30.19B |
| FY1996 | 31 Dec 1996 | 1.74B | -6.40% | 5.97% | 29.16B |
| FY1995 | 31 Dec 1995 | 1.86B | — | 6.65% | 27.93B |
| FY1994 | 31 Dec 1994 | -754.80M | -153.78% | -5.47% | 13.79B |
| FY1993 | 31 Dec 1993 | 1.40B | +4.68% | 10.80% | 12.99B |
| FY1992 | 31 Dec 1992 | 1.34B | +0.68% | 10.60% | 12.65B |
| FY1991 | 31 Dec 1991 | 1.33B | +1.46% | 10.84% | 12.28B |
| FY1990 | 31 Dec 1990 | 1.31B | +22.15% | 10.67% | 12.30B |
| FY1989 | 31 Dec 1989 | 1.07B | -18.40% | 9.39% | 11.45B |
| FY1988 | 31 Dec 1988 | 1.32B | +6.16% | 12.10% | 10.88B |
| FY1987 | 31 Dec 1987 | 1.24B | +6.28% | 12.04% | 10.30B |
| FY1986 | 31 Dec 1986 | 1.17B | +6.79% | 11.76% | 9.92B |
| FY1985 | 31 Dec 1985 | 1.09B | — | 12.03% | 9.08B |
| Quarter | Period ending | Net income | Growth on a year before | Net margin | Revenue |
|---|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 5.20B | +5.01% | 15.15% | 34.31B |
| Q2 FY2026 | 30 Jun 2026 | 3.84B | -23.35% | 11.20% | 34.25B |
| Q1 FY2026 | 31 Mar 2026 | 5.05B | +3.40% | 14.65% | 34.44B |
| Q4 FY2025 | 31 Dec 2025 | 2.34B | -53.21% | 6.44% | 36.38B |
| Q3 FY2025 | 30 Sept 2025 | 4.95B | +49.73% | 14.64% | 33.82B |
| Q2 FY2025 | 30 Jun 2025 | 5.00B | +8.93% | 14.50% | 34.50B |
| Q1 FY2025 | 31 Mar 2025 | 4.88B | +6.02% | 14.57% | 33.49B |
| Q4 FY2024 | 31 Dec 2024 | 5.01B | — | 14.03% | 35.68B |
| Q3 FY2024 | 30 Sept 2024 | 3.31B | -30.58% | 9.92% | 33.33B |
| Q2 FY2024 | 30 Jun 2024 | 4.59B | -1.18% | 14.00% | 32.80B |
| Q1 FY2024 | 31 Mar 2024 | 4.60B | -6.25% | 13.95% | 32.98B |
| Q4 FY2023 | 31 Dec 2023 | -2.71B | -141.13% | -7.70% | 35.13B |
| Q3 FY2023 | 30 Sept 2023 | 4.76B | -2.82% | 14.28% | 33.34B |
| Q2 FY2023 | 30 Jun 2023 | 4.65B | -10.60% | 14.26% | 32.60B |
| Q1 FY2023 | 31 Mar 2023 | 4.91B | +7.18% | 14.92% | 32.91B |
| Q4 FY2022 | 31 Dec 2022 | 6.58B | +42.58% | 18.66% | 35.25B |
| Q3 FY2022 | 30 Sept 2022 | 4.90B | -23.52% | 14.31% | 34.24B |
| Q2 FY2022 | 30 Jun 2022 | 5.20B | -10.36% | 15.39% | 33.79B |
| Q1 FY2022 | 31 Mar 2022 | 4.58B | -12.68% | 13.65% | 33.55B |
| Q4 FY2021 | 31 Dec 2021 | 4.61B | +0.54% | 13.54% | 34.07B |
| Q3 FY2021 | 30 Sept 2021 | 6.41B | +47.05% | 19.47% | 32.92B |
| Q2 FY2021 | 30 Jun 2021 | 5.80B | +23.40% | 17.18% | 33.76B |
| Q1 FY2021 | 31 Mar 2021 | 5.25B | +26.20% | 15.96% | 32.87B |
| Q4 FY2020 | 31 Dec 2020 | 4.59B | -9.95% | 13.22% | 34.69B |
| Q3 FY2020 | 30 Sept 2020 | 4.36B | -16.11% | 13.81% | 31.54B |
| Q2 FY2020 | 30 Jun 2020 | 4.70B | +19.17% | 15.44% | 30.45B |
| Q1 FY2020 | 31 Mar 2020 | 4.16B | -17.41% | 13.15% | 31.61B |
| Q4 FY2019 | 31 Dec 2019 | 5.10B | +162.76% | 14.65% | 34.78B |
| Q3 FY2019 | 30 Sept 2019 | 5.19B | +5.48% | 15.79% | 32.89B |
| Q2 FY2019 | 30 Jun 2019 | 3.94B | -4.27% | 12.30% | 32.07B |
| Q1 FY2019 | 31 Mar 2019 | 5.03B | +10.72% | 15.66% | 32.13B |
| Q4 FY2018 | 31 Dec 2018 | 1.94B | -89.61% | 5.66% | 34.28B |
| Q3 FY2018 | 30 Sept 2018 | 4.92B | +36.02% | 15.10% | 32.61B |
| Q2 FY2018 | 30 Jun 2018 | 4.12B | -5.55% | 12.79% | 32.20B |
| Q1 FY2018 | 31 Mar 2018 | 4.55B | +31.74% | 14.31% | 31.77B |
| Q4 FY2017 | 31 Dec 2017 | 18.67B | +315.33% | 54.98% | 33.96B |
| Q3 FY2017 | 30 Sept 2017 | 3.62B | 0.00% | 11.41% | 31.72B |
| Q2 FY2017 | 30 Jun 2017 | 4.36B | +521.37% | 14.28% | 30.55B |
| Q1 FY2017 | 31 Mar 2017 | 3.45B | -19.95% | 11.57% | 29.81B |
| Q4 FY2016 | 31 Dec 2016 | 4.50B | -16.62% | 13.90% | 32.34B |
| Q3 FY2016 | 30 Sept 2016 | 3.62B | -10.35% | 11.70% | 30.94B |
| Q2 FY2016 | 30 Jun 2016 | 702.00M | -83.41% | 2.30% | 30.53B |
| Q1 FY2016 | 31 Mar 2016 | 4.31B | +2.16% | 13.40% | 32.17B |
| Q4 FY2015 | 31 Dec 2015 | 5.39B | — | 15.74% | 34.25B |
| Q3 FY2015 | 30 Sept 2015 | 4.04B | +9.28% | 12.18% | 33.16B |
| Q2 FY2015 | 30 Jun 2015 | 4.23B | +0.40% | 13.13% | 32.22B |
| Q1 FY2015 | 31 Mar 2015 | 4.22B | +6.89% | 13.19% | 31.98B |
| Q4 FY2014 | 31 Dec 2014 | -2.23B | -144.03% | -6.72% | 33.19B |
| Q3 FY2014 | 30 Sept 2014 | 3.70B | +65.55% | 11.70% | 31.59B |
| Q2 FY2014 | 30 Jun 2014 | 4.21B | +87.62% | 13.39% | 31.48B |
| Q1 FY2014 | 31 Mar 2014 | 3.95B | +102.20% | 12.81% | 30.82B |
| Q4 FY2013 | 31 Dec 2013 | 5.07B | — | 16.31% | 31.07B |
| Q3 FY2013 | 30 Sept 2013 | 2.23B | +40.11% | 7.37% | 30.28B |
| Q2 FY2013 | 30 Jun 2013 | 2.25B | +23.07% | 7.54% | 29.79B |
| Q1 FY2013 | 31 Mar 2013 | 1.95B | +15.78% | 6.63% | 29.42B |
| Q4 FY2012 | 31 Dec 2012 | -4.23B | — | -14.08% | 30.05B |
| Q3 FY2012 | 30 Sept 2012 | 1.59B | +15.52% | 5.49% | 29.01B |
| Q2 FY2012 | 30 Jun 2012 | 1.83B | +13.42% | 6.39% | 28.55B |
| Q1 FY2012 | 31 Mar 2012 | 1.69B | +17.16% | 5.97% | 28.24B |
| Q4 FY2011 | 31 Dec 2011 | -2.02B | -176.66% | -7.11% | 28.44B |
| Q3 FY2011 | 30 Sept 2011 | 1.38B | +56.53% | 4.94% | 27.91B |
| Q2 FY2011 | 30 Jun 2011 | 1.61B | -7.79% | 5.84% | 27.54B |
| Q1 FY2011 | 31 Mar 2011 | 1.44B | +224.83% | 5.33% | 26.99B |
| Q4 FY2010 | 31 Dec 2010 | 2.64B | — | 10.00% | 26.40B |
| Q3 FY2010 | 30 Sept 2010 | 881.00M | -25.09% | 3.33% | 26.48B |
| Q2 FY2010 | 30 Jun 2010 | 1.75B | -44.78% | 6.52% | 26.77B |
| Q1 FY2010 | 31 Mar 2010 | 443.00M | -73.07% | 1.65% | 26.91B |
| Q4 FY2009 | 31 Dec 2009 | -653.00M | -152.87% | -2.41% | 27.09B |
| Q3 FY2009 | 30 Sept 2009 | 1.18B | -29.54% | 4.31% | 27.27B |
| Q2 FY2009 | 30 Jun 2009 | 3.16B | +67.91% | 11.76% | 26.86B |
| Q1 FY2009 | 31 Mar 2009 | 1.65B | +0.18% | 6.19% | 26.59B |
| Q4 FY2008 | 31 Dec 2008 | 1.24B | +15.21% | 5.01% | 24.65B |
| Q3 FY2008 | 30 Sept 2008 | 1.67B | +31.31% | 6.74% | 24.75B |
| Q2 FY2008 | 30 Jun 2008 | 1.88B | +158.52% | 7.80% | 24.12B |
| Q1 FY2008 | 31 Mar 2008 | 1.64B | +9.83% | 6.89% | 23.83B |
| Q4 FY2007 | 31 Dec 2007 | 1.07B | +3.88% | 4.50% | 23.84B |
| Q3 FY2007 | 30 Sept 2007 | 1.27B | -33.87% | 5.35% | 23.77B |
| Q2 FY2007 | 30 Jun 2007 | 728.00M | -54.81% | 3.13% | 23.27B |
| Q1 FY2007 | 31 Mar 2007 | 1.50B | -8.39% | 6.62% | 22.58B |
| Q4 FY2006 | 31 Dec 2006 | 1.03B | -37.76% | 5.12% | 20.15B |
| Q3 FY2006 | 30 Sept 2006 | 1.92B | +2.84% | 8.56% | 22.46B |
| Q2 FY2006 | 30 Jun 2006 | 1.61B | -23.76% | 7.36% | 21.89B |
| Q1 FY2006 | 31 Mar 2006 | 1.63B | -7.11% | 7.69% | 21.23B |
| Q4 FY2005 | 31 Dec 2005 | 1.66B | -45.44% | 8.58% | 19.33B |
| Q3 FY2005 | 30 Sept 2005 | 1.87B | +4.06% | 10.11% | 18.49B |
| Q2 FY2005 | 30 Jun 2005 | 2.11B | +17.58% | 11.70% | 18.05B |
| Q1 FY2005 | 31 Mar 2005 | 1.76B | +48.52% | 9.66% | 18.18B |
| Q4 FY2004 | 31 Dec 2004 | 3.04B | — | 16.64% | 18.26B |
| Q3 FY2004 | 30 Sept 2004 | 1.80B | +0.28% | 9.86% | 18.21B |
| Q2 FY2004 | 30 Jun 2004 | 1.80B | +431.66% | 10.12% | 17.76B |
| Q1 FY2004 | 31 Mar 2004 | 1.18B | -69.73% | 6.94% | 17.06B |
| Q4 FY2003 | 31 Dec 2003 | -1.46B | -163.67% | -8.44% | 17.28B |
| Q3 FY2003 | 30 Sept 2003 | 1.79B | -59.34% | 10.50% | 17.06B |
| Q2 FY2003 | 30 Jun 2003 | 338.00M | — | 2.01% | 16.83B |
| Q1 FY2003 | 31 Mar 2003 | 3.91B | — | 23.70% | 16.49B |
| Q4 FY2002 | 31 Dec 2002 | 2.29B | — | 13.30% | 17.21B |
| Q3 FY2002 | 30 Sept 2002 | 4.41B | +134.93% | 25.74% | 17.11B |
| Q2 FY2002 | 30 Jun 2002 | -2.12B | — | -12.63% | 16.75B |
| Q1 FY2002 | 31 Mar 2002 | -501.00M | -131.87% | -3.05% | 16.43B |
| Q4 FY2001 | 31 Dec 2001 | -2.04B | -209.34% | -11.97% | 17.01B |
| Q3 FY2001 | 30 Sept 2001 | 1.88B | -45.90% | 11.03% | 17.00B |
| Q2 FY2001 | 30 Jun 2001 | -1.02B | -120.82% | -6.04% | 16.91B |
| Q1 FY2001 | 31 Mar 2001 | 1.57B | +115.05% | 9.66% | 16.27B |
| Q4 FY2000 | 31 Dec 2000 | 1.86B | +159.11% | 11.08% | 16.81B |
| Q3 FY2000 | 30 Sept 2000 | 3.47B | +195.23% | 20.96% | 16.53B |
| Q2 FY2000 | 30 Jun 2000 | 4.90B | +320.22% | 29.24% | 16.77B |
| Q1 FY2000 | 31 Mar 2000 | 731.00M | -35.99% | 5.03% | 14.53B |
| Q4 FY1999 | 31 Dec 1999 | 719.00M | -32.11% | 8.35% | 8.61B |
| Q3 FY1999 | 30 Sept 1999 | 1.17B | — | 8.01% | 14.66B |
| Q2 FY1999 | 30 Jun 1999 | 1.17B | +14.28% | 8.04% | 14.51B |
| Q1 FY1999 | 31 Mar 1999 | 1.14B | +27.83% | 14.33% | 7.97B |
| Q4 FY1998 | 31 Dec 1998 | 1.06B | +12.67% | 13.11% | 8.08B |
| Q3 FY1998 | 30 Sept 1998 | -8.10M | — | -0.10% | 7.91B |
| Q2 FY1998 | 30 Jun 1998 | 1.02B | +104.69% | 12.88% | 7.93B |
| Q1 FY1998 | 31 Mar 1998 | 893.40M | +73.27% | 11.68% | 7.65B |
| Q4 FY1997 | 31 Dec 1997 | 940.00M | +222.69% | 12.21% | 7.70B |
| Q3 FY1997 | 30 Sept 1997 | -80.10M | -116.57% | -1.09% | 7.37B |
| Q2 FY1997 | 30 Jun 1997 | 498.90M | +7.59% | 6.47% | 7.71B |
| Q1 FY1997 | 31 Mar 1997 | 515.60M | +9.59% | 6.95% | 7.42B |
| Q4 FY1996 | 31 Dec 1996 | 291.30M | -25.67% | 8.78% | 3.32B |
| Q3 FY1996 | 30 Sept 1996 | 483.30M | -20.09% | 6.55% | 7.38B |
| Q2 FY1996 | 30 Jun 1996 | 463.70M | +3.71% | 14.38% | 3.22B |
| Q1 FY1996 | 31 Mar 1996 | 470.50M | +13.51% | 14.67% | 3.21B |
| Q4 FY1995 | 31 Dec 1995 | 391.90M | +24.45% | 12.42% | 3.15B |
| Q3 FY1995 | 30 Sept 1995 | 604.80M | — | 18.55% | 3.26B |
| Q2 FY1995 | 30 Jun 1995 | 447.10M | +7.63% | 12.54% | 3.56B |
| Q1 FY1995 | 31 Mar 1995 | 414.50M | +6.50% | 12.02% | 3.45B |
| Q4 FY1994 | 31 Dec 1994 | 314.90M | +26.92% | 8.73% | 3.61B |
| Q3 FY1994 | 30 Sept 1994 | -1.87B | -595.19% | -54.88% | 3.42B |
| Q2 FY1994 | 30 Jun 1994 | 415.40M | +14.56% | 12.24% | 3.39B |
| Q1 FY1994 | 31 Mar 1994 | 389.20M | -6.04% | 11.54% | 3.37B |
| Q4 FY1993 | 31 Dec 1993 | 248.10M | -21.81% | 7.48% | 3.32B |
| Q3 FY1993 | 30 Sept 1993 | 378.50M | -2.10% | 11.51% | 3.29B |
| Q2 FY1993 | 30 Jun 1993 | 362.60M | +21.64% | 11.26% | 3.22B |
| Q1 FY1993 | 31 Mar 1993 | 414.20M | +15.54% | 13.09% | 3.16B |
| Q4 FY1992 | 31 Dec 1992 | 317.30M | +32.10% | 9.75% | 3.25B |
| Q3 FY1992 | 30 Sept 1992 | 386.60M | +1.02% | 12.21% | 3.17B |
| Q2 FY1992 | 30 Jun 1992 | 298.10M | -16.05% | 9.47% | 3.15B |
| Q1 FY1992 | 31 Mar 1992 | 358.50M | +1.39% | 11.87% | 3.02B |
| Q4 FY1991 | 31 Dec 1991 | 240.20M | +1.78% | 7.75% | 3.10B |
| Q3 FY1991 | 30 Sept 1991 | 382.70M | +6.78% | 12.33% | 3.10B |
| Q2 FY1991 | 30 Jun 1991 | 355.10M | -2.12% | 11.52% | 3.08B |
| Q1 FY1991 | 31 Mar 1991 | 353.60M | -0.48% | 11.80% | 3.00B |
| Q4 FY1990 | 31 Dec 1990 | 236.00M | +307.60% | 7.60% | 3.11B |
| Q3 FY1990 | 30 Sept 1990 | 358.40M | +4.16% | 11.57% | 3.10B |
| Q2 FY1990 | 30 Jun 1990 | 362.80M | +6.18% | 11.80% | 3.08B |
| Q1 FY1990 | 31 Mar 1990 | 355.30M | +7.41% | 11.77% | 3.02B |
| Q4 FY1989 | 31 Dec 1989 | 57.90M | -80.87% | 2.00% | 2.89B |
| Q3 FY1989 | 30 Sept 1989 | 344.10M | +0.91% | 11.83% | 2.91B |
| Q2 FY1989 | 30 Jun 1989 | 341.70M | -0.70% | 11.86% | 2.88B |
| Q1 FY1989 | 31 Mar 1989 | 330.80M | +0.52% | 11.95% | 2.77B |
| Q4 FY1988 | 31 Dec 1988 | 302.60M | +6.18% | 10.92% | 2.77B |
| Q3 FY1988 | 30 Sept 1988 | 341.00M | +5.97% | 12.38% | 2.76B |
| Q2 FY1988 | 30 Jun 1988 | 344.10M | +5.52% | 12.65% | 2.72B |
| Q1 FY1988 | 31 Mar 1988 | 329.10M | +7.02% | 12.50% | 2.63B |
| Q4 FY1987 | 31 Dec 1987 | 285.00M | +4.82% | 10.95% | 2.60B |
| Q3 FY1987 | 30 Sept 1987 | 321.80M | +8.02% | 12.42% | 2.59B |
| Q2 FY1987 | 30 Jun 1987 | 326.10M | +6.08% | 12.35% | 2.64B |
| Q1 FY1987 | 31 Mar 1987 | 307.50M | +6.07% | 12.48% | 2.46B |
| Q4 FY1986 | 31 Dec 1986 | 271.90M | +0.82% | 10.45% | 2.60B |
| Q3 FY1986 | 30 Sept 1986 | 297.90M | +4.56% | 11.98% | 2.49B |
| Q2 FY1986 | 30 Jun 1986 | 307.40M | — | 12.43% | 2.47B |
| Q1 FY1986 | 31 Mar 1986 | 289.90M | — | 12.29% | 2.36B |
| Q4 FY1985 | 31 Dec 1985 | 269.70M | — | 11.59% | 2.33B |
| Q3 FY1985 | 30 Sept 1985 | 284.90M | — | 12.23% | 2.33B |
Figures in USD. Shares and EPS are adjusted for stock splits. Quarterly growth is on the same quarter a year before; TTM is the last four quarters.
See also:Revenue,EPS,Shares outstanding,Operating income,Cash on hand,Total debt,Free cash flow,Income statement
Common questions about Verizon Communications's profit
Source: Financial Modeling Prep
