FY2025 · ended Dec 31, 2025 · Revenue $138.19B, +2.5% YoY · Filed Feb 17, 2026
Verizon Communications Inc. (VZ) files with the SEC under industry code 4813, Telephone Communications (No Radiotelephone). In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $138.2 billion and net income of $17.2 billion. As of Sep 30, 2026 it held $4.5 billion in cash and investments and $46.6 billion in total debt.
Revenue (TTM)
$139.39B
+1.4% vs year-ago TTM
Net income (TTM)
$16.42B
-17.2% vs year-ago TTM
Operating cash flow (TTM)
$39.05B
+1.5% vs year-ago TTM
Free cash flow
$17.68B
+150.0% vs prior year
EPS (TTM)
$3.91
-16.5% vs year-ago TTM
Dividend per share (TTM)
$2.81
+3.3% vs year-ago TTM
Shares outstanding
4.22B
+0.2% vs prior year
Net cash
$-42.13B
as of Sep 30, 2026
Operating margin
20.9%
FY 2026
Company profile
- Industry
- Telephone Communications (No Radiotelephone) (SIC 4813)
- Listed as
- VZ (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- New York, NY
- SEC filer status
- Large accelerated filer
- SEC CIK
- 732712
- Former names
- BELL ATLANTIC CORP (until Sep 13, 2000)
Other Telephone Communications (No Radiotelephone) companies
- AT&T Inc. T
- America Movil Sab De CV/ AMX
- Swisscom AG SCMWY
- Telenor ASA TELNY
- Bce Inc BCE
- Telefonica Brasil S.A. VIV
- Perusahaan Perseroan Persero PT Telekomunikasi Indonesia TBK TLK
- Tim S.A. TIMB
All 33 Telephone Communications (No Radiotelephone) companies
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 | $138.2B | $134.8B | $134.0B | $136.8B | $133.6B |
| Operating income | $29.3B | $28.7B | $22.9B | $30.5B | $32.4B |
| Net income | $17.2B | $17.5B | $11.6B | $21.3B | $22.1B |
| Diluted EPS | $4.06 | $4.14 | $2.75 | $5.06 | $5.32 |
| Operating cash flow | $37.1B | $36.9B | $37.5B | $37.1B | $39.5B |
| Total assets | $404.3B | $384.7B | $380.3B | $379.7B | $366.6B |
| Stockholders' equity | $105.7B | $100.6B | $93.8B | $92.5B | $83.2B |
| Cash and investments | $19.0B | $4.2B | $2.1B | $2.6B | $2.9B |
| Total debt | $184.6B | $170.8B | $177.0B | $178.2B | $179.3B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Oct 29, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations
|
Oct 26, 2026 | Oct 26, 2026 |
| 8-K |
Current report
Officer or director change
|
Sep 29, 2026 | Sep 25, 2026 |
| 10-Q | Quarterly report | Jul 31, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Officer or director change
|
Jul 24, 2026 | Jul 23, 2026 |
| 8-K |
Current report
Results of operations
|
Jul 24, 2026 | Jul 24, 2026 |
All 1006 Verizon Communications Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.