Verizon Q4 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
- Oct 1 – Dec 31, 2025
- Reported
- Feb 17, 2026
Revenue$36.4B
+2% year over year
Gross profit$15.4B
42% margin
Operating profit$5.0B
14% margin
Net profit$2.8B
8% margin
The numbers
| 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 |
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