Verizon Q2 FY26: 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, 2026
- Reported
- Jul 31, 2026
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
| 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 |
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