Verizon Communications In... (VZ)
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39.76
0.33%
Pre-market Jan 07, 2025, 05:23 AM EST

Income Statement (Annual)

Get detailed income statement breakdowns, uncovering revenue, expenses, and much more.
Year FY23 FY22 FY21 FY20 FY19 FY18 FY17 FY16 FY15 FY14 FY13 FY12 FY11 FY10 FY09 FY08 FY07 FY06 FY05 FY04 FY03 FY02 FY01 FY00 FY99 FY98 FY97 FY96 FY95 FY94 FY93 FY92 FY91 FY90 FY89 FY88 FY87 FY86 FY85
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 88.18B 69.52B 65.75B 67.47B 67.06B 66.71B 64.71B 58.19B 31.57B 30.19B 29.16B 27.93B 13.79B 12.99B 12.65B 12.28B 12.30B 11.45B 10.88B 10.30B 9.92B 9.08B
Cost of Revenue 54.89B 59.13B 56.30B 51.20B 54.73B 55.51B 53.06B 52.70B 52.56B 49.93B 44.89B 46.27B 45.88B 44.15B 44.58B 38.62B 37.55B 35.31B 24.41B 22.03B 21.70B 19.87B 20.54B 39.48B 33.73B 9.80B 8.44B 7.59B 6.87B 4.00B 4.03B 3.94B 3.94B 3.76B 3.74B 6.28B 5.84B 5.53B 5.28B
Gross Profit 79.09B 77.70B 77.31B 77.09B 77.14B 75.36B 72.97B 73.28B 79.06B 77.15B 75.66B 69.57B 65.00B 62.42B 63.23B 58.74B 55.92B 52.87B 45.11B 43.72B 45.77B 47.19B 46.17B 25.23B 24.46B 21.76B 21.75B 21.56B 21.05B 9.79B 8.96B 8.71B 8.34B 8.54B 7.71B 4.60B 4.46B 4.39B 3.81B
Operating Income 22.88B 30.47B 32.45B 28.80B 30.38B 22.28B 27.43B 29.25B 33.06B 19.60B 31.97B 13.16B 12.88B 14.64B 15.98B 2.61B 15.58B 13.37B 12.58B 10.87B 7.41B 14.88B 11.47B 12.96B 14.57B 6.63B 5.34B 6.08B 5.42B 2.80B 2.80B 2.51B 2.53B 2.61B 2.01B 2.24B 2.35B 2.46B 2.32B
Interest Income 354.00M 146.00M 48.00M 65.00M 121.00M 94.00M 82.00M 59.00M 115.00M 108.00M 64.00M 57.00M 68.00M 92.00M 75.00M 362.00M 168.00M 201.00M 103.00M 97.00M 95.00M 187.00M 393.00M 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
Pretax 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 13.52B 1.64B 14.54B 12.19B 11.45B 10.31B 6.26B 7.53B 3.36B 17.82B 13.17B 5.00B 3.98B 4.91B 4.54B 2.29B 2.27B 2.03B 2.00B 1.98B 1.55B 1.85B 1.95B 2.07B 1.90B
Net Income 11.61B 21.26B 22.07B 17.80B 19.27B 15.53B 30.10B 13.13B 17.88B 9.63B 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 2.96B 2.45B 1.74B 1.86B -754.80M 1.40B 1.34B 1.33B 1.31B 1.07B 1.32B 1.24B 1.17B 1.09B
Selling & General & Admin 31.30B 30.14B 28.66B 31.57B 29.90B 31.08B 26.82B 27.09B 29.99B 41.02B 27.09B 39.95B 35.62B 31.37B 30.72B 41.52B 25.97B 24.95B 19.44B 19.35B 24.89B 21.78B 20.83B n/a 8.24B 9.27B 9.05B 8.70B 8.81B 4.33B 3.62B 3.78B 3.52B 3.55B 3.28B n/a n/a n/a n/a
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 n/a n/a n/a n/a n/a n/a n/a n/a n/a
Other Expenses 24.91B 2.30B 3.81B -475.00M 583.00M 3.00B -120.00M -3.85B 71.00M -1.30B -230.00M -1.07B -82.00M -43.00M 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
Operating Expenses 56.21B 47.23B 44.86B 48.29B 46.58B 48.49B 43.77B 43.02B 46.00B 57.55B 43.70B 56.41B 52.12B 47.77B 47.25B 56.13B 40.34B 39.50B 33.06B 32.85B 38.50B 35.06B 34.35B 12.26B 9.89B 15.14B 16.41B 15.48B 15.63B 6.99B 6.17B 6.20B 5.82B 5.93B 5.70B 2.35B 2.12B 1.93B 1.48B
Interest Expense 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 2.13B 2.34B 2.80B 3.13B 3.28B 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
Selling & Marketing Expenses 3.85B 3.56B 3.39B 3.11B 3.07B 2.68B 2.64B 2.74B 2.75B 2.53B 2.44B 2.38B 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
Cost & Expenses 111.10B 106.37B 101.17B 99.49B 101.30B 103.99B 96.83B 95.72B 98.56B 107.48B 88.58B 102.69B 98.00B 91.92B 91.83B 94.74B 77.89B 74.81B 57.47B 54.88B 60.20B 54.93B 54.89B 51.74B 43.62B 24.94B 24.85B 23.08B 22.51B 10.99B 10.19B 10.14B 9.75B 9.69B 9.44B 8.64B 7.95B 7.46B 6.76B
Income Tax 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 792.00M 643.50M 664.80M 669.60M 471.00M 530.00M 714.00M 904.50M 810.40M
Shares Outstanding (Basic) 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 2.72B 2.74B 1.55B 1.55B 934.26M 872.86M 876.80M 868.65M 853.89M 778.71M 776.63M 790.07M 788.50M 795.13M 793.95M 797.74M
Shares Outstanding (Diluted) 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 2.83B 2.79B 2.73B 2.73B 2.78B 1.58B 1.56B 946.47M 872.86M 876.80M 868.65M 853.89M 778.71M 776.63M 790.07M 788.50M 795.13M 793.95M 797.74M
EPS (Basic) 2.76 5.06 5.32 4.30 4.66 3.76 7.37 3.22 4.38 2.42 4.01 0.31 0.85 0.90 1.29 2.26 1.91 2.13 2.67 2.83 1.12 1.49 0.14 4.34 1.53 1.89 1.58 1.86 2.13 -0.86 -0.42 1.57 1.71 1.69 1.36 1.67 1.56 1.47 1.37
EPS (Diluted) 2.76 5.06 5.32 4.30 4.65 3.76 7.36 3.21 4.37 2.42 4.00 0.31 0.85 0.90 1.29 2.26 1.90 2.12 2.65 2.79 1.12 1.49 0.14 4.31 1.51 1.86 1.57 1.84 2.13 -0.86 -0.42 1.57 1.71 1.69 1.36 1.67 1.56 1.47 1.37
EBITDA 40.14B 48.60B 52.87B 48.11B 48.00B 47.04B 46.54B 45.77B 49.18B 36.72B 48.55B 28.93B 29.81B 31.51B 33.16B 18.07B 30.75B 29.09B 27.19B 26.14B 22.66B 23.95B 20.16B 25.23B 24.46B 16.27B 11.10B 11.36B 10.65B 5.46B 5.34B 4.92B 4.82B 4.99B 4.43B 4.60B 4.46B 4.39B 3.81B
Depreciation & Amortization 17.62B 17.10B 16.21B 16.72B 16.68B 17.40B 16.95B 15.93B 16.02B 16.53B 16.61B 16.46B 16.50B 16.41B 16.53B 14.61B 14.38B 14.54B 13.62B 13.50B 13.61B 13.28B 13.52B 12.26B 9.89B 9.64B 5.75B 5.28B 5.23B 2.65B 2.55B 2.42B 2.30B 2.38B 2.42B 2.35B 2.12B 1.93B 1.48B