FINHUB Insights

VZ · Q2 FY26 · Apr 1 – Jun 30, 2026

Verizon Q2 FY26: where the revenue came from and where it went

Verizon Q2 FY26: revenue $34.3B (−1% year over year). Net profit $3.8B. Largest cohort Consumer $19.6B. The whole income statement as a sankey diagram from the SEC filing.

Period
Apr 1 – Jun 30, 2026
Reported
Jul 31, 2026 10-Q
Sankey diagram of Verizon's income statement for Q2 FY26: revenue of $34.3 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$34.3B −1% year over year
Gross profit$16.2B 47% margin
Operating profit$7.2B 21% margin
Net profit$3.8B 11% margin

The numbers

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Jun 30, 2026).
ItemValueShare of revenueYear over year
Revenue 34.3 100% −1%
Consumer 19.6 57% −27%
Other 5.1 15%
Business 3.7 11% −49%
Other business 2.6 8%
Other consumer 2.4 7%
Wireless equipment 0.8 2% −5%
Cost of revenue−18.153%
Gross profit16.247% margin+1pp
SG&A−9.026%+4pp
Operating profit7.221% margin−3pp
Tax−1.3
Interest & other costs−2.0
Net profit3.811%−3pp
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.

Older quarters