Verizon Communications Inc. revenue by segment VZ

Verizon Communications Inc. splits its revenue into 3 lines in its filings. The largest line in fiscal 2025, which ended Dec 31, 2025 was Service And Other at $112.7 billion, 82% of the total.

USD in millions. The percent under a figure is the change from the year before.

Line
FY 2026
Sep 30, 2026
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
FY 2020
Dec 31, 2020
FY 2019
Dec 31, 2019
FY 2018
Dec 31, 2018
FY 2017
Dec 31, 2017
FY 2016
Dec 31, 2016
Revenue
139,387
138,191
134,788
133,974
136,835
133,613
128,292
131,868
130,863
126,034
125,980
Service And Other
115,368
+2.4%
share 82.8%
112,721
+1.0%
share 81.6%
111,571
+1.8%
share 82.8%
109,652
+0.0%
share 81.8%
109,625
-0.7%
share 80.1%
110,449
+0.5%
share 82.7%
109,872
-0.4%
share 85.6%
110,305
+1.6%
share 83.6%
108,605
+1.4%
share 83.0%
107,145
share 85.0%
—
Product
24,019
-3.1%
share 17.2%
25,470
+9.7%
share 18.4%
23,217
-4.5%
share 17.2%
24,322
-10.6%
share 18.2%
27,210
+17.5%
share 19.9%
23,164
+25.8%
share 17.3%
18,420
-14.6%
share 14.4%
21,563
-3.1%
share 16.4%
22,258
+17.8%
share 17.0%
18,889
share 15.0%
—
Media Business
—
—
—
—
—
5,300
-24.3%
share 4.0%
7,000
-6.7%
share 5.5%
7,500
-2.6%
share 5.7%
7,700
share 5.9%
—
—
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

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

Source: SEC EDGAR filings. This is company-reported data, not investment advice.