Verizon Q2 FY25: where the revenue came from and where it went
The whole income statement of Verizon for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Apr 1 – Jun 30, 2025
- Reported
- Jul 25, 2025
Revenue$34.5B
+5% year over year
Gross profit$16.0B
46% margin
Operating profit$8.2B
24% margin
Net profit$5.0B
14% margin
The numbers
| 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 |
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