Verizon

VZ Communication Services Market cap $181B as of Oct 29, 2026 16:00 ET S&P 500

Q3 FY26 Jul 1 – Sep 30, 2026 reported Oct 29, 2026

Revenue$34.3B +1% year over year

Gross profit$16.1B 47% margin

Operating profit$8.7B 25% margin

Net profit$5.2B 15% margin

The numbers behind the diagram

All figures in billions of U.S. dollars, for Q3 FY26 (period ends Sep 30, 2026).
Item	Value	Share of revenue	Year over year
Revenue	34.3	100%	+1%
Cost of revenue	−18.2	53%
Gross profit	16.1	47% margin	+0pp
SG&A	−7.5	22%	−1pp
Operating profit	8.7	25% margin	+1pp
Interest & other costs	−2.0
Tax	−1.5
Net profit	5.2	15% margin	+1pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Jun 30, 2026).
Item	Value	Share of revenue	Year over year
Segment revenue	34.3	100%
Consumer	19.6	57%
Other	5.1	15%
Business	3.7	11%
Other business	2.6	8%
Other consumer	2.4	7%
Wireless equipment	0.8	2%
Net revenue	34.3	100%	−1%
Cost of revenue	−18.1	53%
Gross profit	16.2	47% margin	+1pp
SG&A	−9.0	26%	+4pp
Operating profit	7.2	21% margin	−3pp
Interest & other costs	−2.0
Tax	−1.3
Net profit	3.8	11% margin	−3pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
Item	Value	Share of revenue	Year over year
Revenue	34.4	100%	+3%
Cost of revenue	−18.6	54%
Gross profit	15.9	46% margin	−1pp
SG&A	−7.6	22%	−1pp
Operating profit	8.2	24% margin	+0pp
Interest & other costs	−1.6
Tax	−1.6
Net profit	5.0	15% margin	+0pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Dec 31, 2025).
Item	Value	Share of revenue	Year over year
Revenue	36.4	100%	+2%
Cost of revenue	−21.0	58%
Gross profit	15.4	42% margin	−2pp
SG&A	−10.4	29%	+5pp
Operating profit	5.0	14% margin	−7pp
Interest & other costs	−1.6
Tax	−0.6
Net profit	2.8	8% margin	−8pp

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
Item	Value	Share of revenue	Year over year
Segment revenue	34.1	101%
Consumer	26.1	77%
Business	7.1	21%
Wireless equipment	0.9	3%
Eliminations	−0.3	−1%
Net revenue	33.8	100%	+1%
Cost of revenue	−18.0	53%
Gross profit	15.9	47% margin	+0pp
SG&A	−7.8	23%	−6pp
Operating profit	8.1	24% margin	+6pp
Interest & other costs	−1.7
Tax	−1.5
Net profit	5.0	15% margin	+5pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jun 30, 2025).
Item	Value	Share of revenue	Year over year
Segment revenue	34.8	101%
Consumer	26.6	77%
Business	7.3	21%
Wireless equipment	0.9	3%
Eliminations	−0.3	−1%
Net revenue	34.5	100%	+5%
Cost of revenue	−18.5	54%
Gross profit	16.0	46% margin	−2pp
SG&A	−7.8	23%	−2pp
Operating profit	8.2	24% margin	+0pp
Interest & other costs	−1.7
Tax	−1.5
Net profit	5.0	14% margin	+0pp

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q2 FY24 (period ends Jun 30, 2024).
Item	Value	Share of revenue	Year over year
Revenue	32.8	100%	+1%
Consumer	24.9	76%
Business	7.3	22%
Other	0.6	2%
Cost of revenue	−17.0	52%
Gross profit	15.8	48% margin	+1pp
SG&A	−8.0	24%	−1pp
Operating profit	7.8	24% margin	+2pp
Interest & other costs	−1.9
Tax	−1.3
Net profit	4.6	14% margin	+0pp

Filing on EDGAR This quarter on its own page

Financial health

The balance sheet, the quarter's capital flow, the debt schedule and the capital structure of the quarter shown above.

Every set of results we hold, newest first. Open one on its own page.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q3 FY26 Jul 1 – Sep 30, 2026 reported Oct 29, 2026 Operating margin 25% Net profit $5.20B	Jul 1 – Sep 30, 2026	Oct 29, 2026	$34.31B	+1%	25%	$5.20B	15%
Q2 FY26 Apr 1 – Jun 30, 2026 reported Jul 31, 2026 Operating margin 21% Net profit $3.84B	Apr 1 – Jun 30, 2026	Jul 31, 2026	$34.25B	−1%	21%	$3.84B	11%
Q1 FY26 Jan 1 – Mar 31, 2026 reported May 1, 2026 Operating margin 24% Net profit $5.05B	Jan 1 – Mar 31, 2026	May 1, 2026	$34.44B	+3%	24%	$5.05B	15%
Q4 FY25 Oct 1 – Dec 31, 2025 reported Feb 17, 2026 Operating margin 14% Net profit $2.78B	Oct 1 – Dec 31, 2025	Feb 17, 2026	$36.38B	+2%	14%	$2.78B	8%
Q3 FY25 Jul 1 – Sep 30, 2025 reported Oct 29, 2025 Operating margin 24% Net profit $4.95B	Jul 1 – Sep 30, 2025	Oct 29, 2025	$33.82B	+1%	24%	$4.95B	15%
Q2 FY25 Apr 1 – Jun 30, 2025 reported Jul 25, 2025 Operating margin 24% Net profit $5.00B	Apr 1 – Jun 30, 2025	Jul 25, 2025	$34.50B	+5%	24%	$5.00B	14%
Q2 FY24 Apr 1 – Jun 30, 2024 reported Jul 25, 2024 Operating margin 24% Net profit $4.59B	Apr 1 – Jun 30, 2024	Jul 25, 2024	$32.80B	+1%	24%	$4.59B	14%