FINHUB Insights

VZ · Q1 FY26 · Jan 1 – Mar 31, 2026

Verizon Q1 FY26: where the revenue came from and where it went

Verizon Q1 FY26: revenue $34.4B (+3% year over year). Net profit $5.0B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jan 1 – Mar 31, 2026
Reported
May 1, 2026 10-Q
Sankey diagram of Verizon's income statement for Q1 FY26: revenue of $34.4 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$34.4B +3% year over year
Gross profit$15.9B 46% margin
Operating profit$8.2B 24% margin
Net profit$5.0B 15% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
ItemValueShare of revenueYear over year
Revenue 34.4 100% +3%
Cost of revenue−18.654%
Gross profit15.946% margin−1pp
SG&A−7.622%−1pp
Operating profit8.224% margin+0pp
Tax−1.6
Interest & other costs−1.6
Net profit5.015%+0pp
Filing on EDGAR More quarters of VZ

Source of the numbers: tables in the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.