VERIZON COMMUNICATIONS INC — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that VERIZON COMMUNICATIONS INC filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $138.19B | Feb 17, 2026 |
| FY2025 | Dec 31, 2024 | $134.79B | Feb 17, 2026 |
| FY2025 | Dec 31, 2023 | $133.97B | Feb 17, 2026 |
| FY2024 | Dec 31, 2022 | $136.84B | Feb 12, 2025 |
| FY2023 | Dec 31, 2021 | $133.61B | Feb 9, 2024 |
| FY2022 | Dec 31, 2020 | $128.29B | Feb 10, 2023 |
| FY2019 | Dec 31, 2019 | $34.78B | Feb 21, 2020 |
| FY2019 | Sep 30, 2019 | $32.89B | Feb 21, 2020 |
| FY2019 | Jun 30, 2019 | $32.07B | Feb 21, 2020 |
| FY2019 | Mar 31, 2019 | $32.13B | Feb 21, 2020 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $17.17B | Feb 17, 2026 |
| FY2025 | Dec 31, 2024 | $17.51B | Feb 17, 2026 |
| FY2025 | Dec 31, 2023 | $11.61B | Feb 17, 2026 |
| FY2024 | Dec 31, 2022 | $21.26B | Feb 12, 2025 |
| FY2023 | Dec 31, 2021 | $22.07B | Feb 9, 2024 |
| FY2022 | Dec 31, 2020 | $17.80B | Feb 10, 2023 |
| FY2019 | Dec 31, 2019 | $5.10B | Feb 21, 2020 |
| FY2019 | Sep 30, 2019 | $5.19B | Feb 21, 2020 |
| FY2019 | Jun 30, 2019 | $3.94B | Feb 21, 2020 |
| FY2019 | Mar 31, 2019 | $5.03B | Feb 21, 2020 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $29.26B | Feb 17, 2026 |
| FY2025 | Dec 31, 2024 | $28.69B | Feb 17, 2026 |
| FY2025 | Dec 31, 2023 | $22.88B | Feb 17, 2026 |
| FY2024 | Dec 31, 2022 | $30.47B | Feb 12, 2025 |
| FY2023 | Dec 31, 2021 | $32.45B | Feb 9, 2024 |
| FY2022 | Dec 31, 2020 | $28.80B | Feb 10, 2023 |
| FY2019 | Dec 31, 2019 | $6.64B | Feb 21, 2020 |
| FY2019 | Sep 30, 2019 | $8.18B | Feb 21, 2020 |
| FY2019 | Jun 30, 2019 | $7.85B | Feb 21, 2020 |
| FY2019 | Mar 31, 2019 | $7.71B | Feb 21, 2020 |
SG&A Expense
Selling, general, and administrative expenses — the overhead costs of running the business, including salaries, marketing, legal fees, and corporate office costs. Excludes COGS and R&D.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $33.82B | Feb 17, 2026 |
| FY2025 | Dec 31, 2024 | $34.11B | Feb 17, 2026 |
| FY2025 | Dec 31, 2023 | $32.75B | Feb 17, 2026 |
| FY2024 | Dec 31, 2022 | $30.14B | Feb 12, 2025 |
| FY2023 | Dec 31, 2021 | $28.66B | Feb 9, 2024 |
| FY2022 | Dec 31, 2020 | $31.57B | Feb 10, 2023 |
| FY2021 | Dec 31, 2019 | $29.90B | Feb 11, 2022 |
| FY2020 | Dec 31, 2018 | $31.08B | Feb 25, 2021 |
| FY2019 | Dec 31, 2017 | $28.59B | Feb 21, 2020 |
| FY2018 | Dec 31, 2016 | $28.10B | Feb 15, 2019 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $37.14B | Feb 17, 2026 |
| FY2025 | Dec 31, 2024 | $36.91B | Feb 17, 2026 |
| FY2025 | Dec 31, 2023 | $37.48B | Feb 17, 2026 |
| FY2024 | Dec 31, 2022 | $37.14B | Feb 12, 2025 |
| FY2023 | Dec 31, 2021 | $39.54B | Feb 9, 2024 |
| FY2022 | Dec 31, 2020 | $41.77B | Feb 10, 2023 |
| FY2021 | Dec 31, 2019 | $35.75B | Feb 11, 2022 |
| FY2020 | Dec 31, 2018 | $34.34B | Feb 25, 2021 |
| FY2019 | Dec 31, 2017 | $24.32B | Feb 21, 2020 |
| FY2018 | Dec 31, 2016 | $21.69B | Feb 15, 2019 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $404.26B | Feb 17, 2026 |
| FY2025 | Dec 31, 2024 | $384.71B | Feb 17, 2026 |
| FY2024 | Dec 31, 2023 | $380.26B | Feb 12, 2025 |
| FY2023 | Dec 31, 2022 | $379.68B | Feb 9, 2024 |
| FY2022 | Dec 31, 2021 | $366.60B | Feb 10, 2023 |
| FY2021 | Dec 31, 2020 | $316.48B | Feb 11, 2022 |
| FY2020 | Dec 31, 2019 | $291.73B | Feb 25, 2021 |
| FY2019 | Dec 31, 2018 | $264.83B | Feb 21, 2020 |
| FY2018 | Dec 31, 2017 | $257.14B | Feb 15, 2019 |
| FY2017 | Dec 31, 2016 | $244.18B | Feb 23, 2018 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $22.84B | Feb 17, 2026 |
| FY2025 | Dec 31, 2024 | $22.84B | Feb 17, 2026 |
| FY2025 | Dec 31, 2023 | $22.84B | Feb 17, 2026 |
| FY2024 | Dec 31, 2022 | $28.67B | Feb 12, 2025 |
| FY2023 | Dec 31, 2021 | $28.60B | Feb 9, 2024 |
| FY2022 | Dec 31, 2020 | $24.77B | Feb 10, 2023 |
| FY2021 | Dec 31, 2019 | $24.39B | Feb 11, 2022 |
| FY2020 | Apr 1, 2019 | $24.64B | Feb 25, 2021 |
| FY2020 | Mar 31, 2019 | $24.64B | Feb 25, 2021 |
| FY2020 | Dec 31, 2018 | $24.61B | Feb 25, 2021 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $94.74B | Feb 17, 2026 |
| FY2025 | Dec 31, 2024 | $89.11B | Feb 17, 2026 |
| FY2024 | Dec 31, 2023 | $82.92B | Feb 12, 2025 |
| FY2023 | Dec 31, 2022 | $82.38B | Feb 9, 2024 |
| FY2022 | Dec 31, 2021 | $71.99B | Feb 10, 2023 |
| FY2021 | Dec 31, 2020 | $60.46B | Feb 11, 2022 |
| FY2022 | Dec 31, 2019 | $53.15B | Feb 10, 2023 |
| FY2021 | Jan 1, 2019 | $43.95B | Feb 11, 2022 |
| FY2021 | Dec 31, 2018 | $43.54B | Feb 11, 2022 |
| FY2020 | Jan 1, 2018 | $37.87B | Feb 25, 2021 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $19.05B | Feb 17, 2026 |
| FY2025 | Dec 31, 2024 | $4.19B | Feb 17, 2026 |
| FY2024 | Dec 31, 2023 | $2.07B | Feb 12, 2025 |
| FY2023 | Dec 31, 2022 | $2.61B | Feb 9, 2024 |
| FY2022 | Dec 31, 2021 | $2.92B | Feb 10, 2023 |
| FY2021 | Dec 31, 2020 | $22.17B | Feb 11, 2022 |
| FY2020 | Dec 31, 2019 | $2.59B | Feb 25, 2021 |
| FY2019 | Dec 31, 2018 | $2.75B | Feb 21, 2020 |
| FY2018 | Dec 31, 2017 | $2.08B | Feb 15, 2019 |
| FY2017 | Dec 31, 2016 | $2.88B | Feb 23, 2018 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2013 | Dec 31, 2013 | $93.14B | Feb 27, 2014 |
| FY2012 | Dec 31, 2012 | $51.49B | Feb 26, 2013 |
| FY2011 | Dec 31, 2011 | $53.22B | Feb 24, 2012 |
| FY2010 | Dec 31, 2010 | $52.79B | Feb 28, 2011 |
| FY2010 | Dec 31, 2009 | $61.16B | Feb 28, 2011 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 4 | Feb 17, 2026 |
| FY2025 | Dec 31, 2024 | 4 | Feb 17, 2026 |
| FY2025 | Dec 31, 2023 | 2 | Feb 17, 2026 |
| FY2024 | Dec 31, 2022 | 5 | Feb 12, 2025 |
| FY2023 | Dec 31, 2021 | 5 | Feb 9, 2024 |
| FY2022 | Dec 31, 2020 | 4 | Feb 10, 2023 |
| FY2019 | Dec 31, 2019 | 1 | Feb 21, 2020 |
| FY2019 | Sep 30, 2019 | 1 | Feb 21, 2020 |
| FY2019 | Jun 30, 2019 | 0 | Feb 21, 2020 |
| FY2019 | Mar 31, 2019 | 1 | Feb 21, 2020 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 4 | Feb 17, 2026 |
| FY2025 | Dec 31, 2024 | 4 | Feb 17, 2026 |
| FY2025 | Dec 31, 2023 | 2 | Feb 17, 2026 |
| FY2024 | Dec 31, 2022 | 5 | Feb 12, 2025 |
| FY2023 | Dec 31, 2021 | 5 | Feb 9, 2024 |
| FY2022 | Dec 31, 2020 | 4 | Feb 10, 2023 |
| FY2019 | Dec 31, 2019 | 1 | Feb 21, 2020 |
| FY2019 | Sep 30, 2019 | 1 | Feb 21, 2020 |
| FY2019 | Jun 30, 2019 | 0 | Feb 21, 2020 |
| FY2019 | Mar 31, 2019 | 1 | Feb 21, 2020 |