VZ

MKT CAP:$196B

Verizon Communications Inc.

Market Cap

$196B

Communication Services·Telecommunications Services·🇺🇸 United States·NYSE

Communication·Telecommunications·🇺🇸·NYSE

Stock Price

$46.56+$6.04 (+14.91%)

Apr 24, 2026

Company Details

Verizon Communications Inc., through its subsidiaries, offers communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. Its Consumer segment provides post...

CEO

Daniel H. Schulman

IPO Date

Nov 21, 1983

Website

www.verizon.com

Key Metrics TTM

Revenue

$36.4B

— YoY

Net Income

$2.3B

EPS (Diluted)

$0.55

Free Cash Flow

$4.4B

Revenue / Share

$8.60

Gross Margin

80.5%

Operating Margin

13.8%

Net Margin

6.4%

FCF Margin

12.0%

P/S

5.4x

P/E

83.8x

Earnings Reports

Q1 2026

Apr 27, 2026

PENDING

FY 2025

Feb 17, 2026

$138.2BEPS $4.06

Q4 2025

Feb 17, 2026

$36.4BEPS $0.55

Q3 2023

Oct 26, 2023

$33.3BEPS $1.13

FY 2015

Feb 23, 2016

$131.6BEPS $4.37

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q3 23	$33.3B	$15.5B	$7.6B
Q4 25	$36.4B	$29.3B	$5.0B

Operating Cash Flow

Quarter	Operating CF	Free CF
Q3 23	$10.8B	$6.7B
Q4 25	$9.1B	$4.4B

Capital Expenditures

Quarter	CapEx
Q3 23	$4.1B
Q4 25	$4.7B

CapEx

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q3 23	$0	0.0%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	SG&A
Q3 23	$7.9B
Q4 25	$10.4B

Revenue Segments

Quarter	Verizon Business Group	Verizon Consumer Group
Q3 23	$7.5B	$25.3B
Q4 25	$7.4B	$28.4B

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$1.7B	$0	$1.7B
Q2 22	$1.9B	$0	$1.9B
Q3 22	$2.1B	$0	$2.1B
Q4 22	$2.6B	$0	$2.6B
Q1 23	$2.2B	$0	$2.2B
Q2 23	$4.8B	$0	$4.8B
Q3 23	$4.2B	$0	$4.2B
Q4 23	$2.1B	$0	$2.1B
Q1 24	$2.4B	$0	$2.4B
Q2 24	$2.4B	$0	$2.4B
Q3 24	$5.0B	$0	$5.0B
Q4 24	$4.2B	$0	$4.2B
Q1 25	$2.3B	$26M	$2.3B
Q2 25	$3.4B	$27M	$3.5B
Q3 25	$7.7B	$0	$7.7B
Q4 25	$19.0B	$0	$19.0B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q3 23	4.22B	—	—
Q4 25	4.23B	+0.3%	—

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q3 23	$284.7K	117K
Q4 25	$404.7K	90K

Revenue / Employee