Product — Operating Revenues
Products & Services · Operating RevenuesVerizon Communications Product — Operating Revenues increased by 45.9% to $8.20B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 9.1%, from $7.52B to $8.20B. Over 4 years (FY 2021 to FY 2025), Product — Operating Revenues shows relatively stable performance with a 2.4% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests strong demand for new devices or successful customer acquisition strategies, while a decrease may indicate market saturation or longer device replacement cycles.
Detailed definition
This metric represents the total revenue generated from the sale of mobile devices, accessories, and related hardware to...
Peer comparison
Comparable to device sales revenue reported by other major telecommunications carriers and mobile network operators.
vz_segment_wireless_equipment_operating_revenuesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $5.79B | $5.79B | $5.79B | $6.34B | $6.67B | $6.58B | $7.63B | $5.76B | $5.28B | $5.81B | $7.47B | $5.36B | $5.00B | $5.34B | $7.52B | $5.40B | $6.26B | $5.62B | $8.20B |
| QoQ Change | — | +0.0% | +0.0% | +9.4% | +5.3% | -1.5% | +16.0% | -24.5% | -8.4% | +10.2% | +28.5% | -28.3% | -6.8% | +6.9% | +40.7% | -28.2% | +15.9% | -10.2% | +45.9% |
| YoY Change | — | — | — | — | +15.2% | +13.5% | +31.7% | -9.1% | -20.9% | -11.6% | -2.0% | -6.9% | -5.3% | -8.1% | +0.6% | +0.7% | +25.2% | +5.2% | +9.1% |
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Frequently Asked Questions
- What is Verizon Communications's product — operating revenues?
- Verizon Communications (VZ) reported product — operating revenues of $8.20B in Q4 2025.
- How has Verizon Communications's product — operating revenues changed year-over-year?
- Verizon Communications's product — operating revenues increased by 9.1% year-over-year, from $7.52B to $8.20B.
- What is the long-term trend for Verizon Communications's product — operating revenues?
- Over 4 years (2021 to 2025), Verizon Communications's product — operating revenues has grown at a 2.4% compound annual growth rate (CAGR), from $23.16B to $25.47B.
- What does product — operating revenues mean?
- The total money earned from selling mobile phones and related hardware to customers.