VEON Ltd. VEON
Annual
Quarterly
FY2025 · ended Dec 31, 2025 · Revenue $4.40B, +9.9% YoY · Filed Mar 16, 2026
VEON Ltd. (VEON) files with the SEC under industry code 4812, Radiotelephone Communications. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $4.4 billion and net income of $591.0 million. As of Dec 31, 2025 it held $1.7 billion in cash and investments and $3.1 billion in total debt.
Revenue
$4.40B
+9.9% vs prior year
Net income
$591.00M
+21.4% vs prior year
Operating cash flow
$2.44B
-17.2% vs prior year
Free cash flow
—
EPS
$0.30
+30.4% vs prior year
Dividend per share
$0.28
Shares outstanding
1.85B
+0.0% vs prior year
Net cash
$-1.41B
FY 2025
Operating margin
32.7%
FY 2025
Company profile
- Industry
- Radiotelephone Communications (SIC 4812)
- Listed as
- VEON (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- Bermuda
- Headquarters
- Dubai (Difc)
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1468091
- Former names
- VimpelCom Ltd. (until Mar 28, 2017)
Other Radiotelephone Communications companies
- T-Mobile US, Inc. TMUS
- Deutsche Telekom AG DTEGY
- Chunghwa Telecom Co Ltd CHT
- Vodafone Group Public Ltd Co VOD
- Telus Corp TU
- Millicom International Cellular SA TIGO
- SK Telecom Co Ltd SKM
- Kyivstar Group Ltd. KYIV
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $4.4B | $4.0B | $3.7B | $3.8B | $3.9B |
| Operating income | $1.4B | $1.1B | $929.0M | $1.2B | $1.0B |
| Net income | $591.0M | $487.0M | -$2.5B | -$9.0M | $801.0M |
| Diluted EPS | $0.30 | $0.23 | -$1.44 | -$0.09 | $0.38 |
| Total assets | $9.2B | $8.0B | $8.2B | $15.1B | $15.9B |
| Stockholders' equity | $1.6B | $1.3B | $1.1B | $767.0M | $1.5B |
| Cash and investments | $1.7B | $1.7B | $1.9B | $3.1B | $2.3B |
| Total debt | $3.1B | $3.3B | $3.7B | $6.7B | $7.6B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 6-K | Current report (foreign issuer) | Oct 20, 2026 | Oct 20, 2026 |
| 6-K | Current report (foreign issuer) | Oct 19, 2026 | Oct 19, 2026 |
| 6-K | Current report (foreign issuer) | Sep 23, 2026 | Sep 23, 2026 |
| 6-K | Current report (foreign issuer) | Jul 31, 2026 | Jun 30, 2026 |
| 6-K | Current report (foreign issuer) | Jul 31, 2026 | Jun 30, 2026 |
| 6-K | Current report (foreign issuer) | Jun 17, 2026 | Jun 17, 2026 |
Source: SEC EDGAR filings. This is company-reported data, not investment advice.