Verizon Communications SG&A increased by 33.9% to $10.38B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 26.0%, from $8.24B to $10.38B. Over 4 years (FY 2021 to FY 2025), SG&A shows an upward trend with a 4.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2007
Last reportedQ3 2025

How to read this metric

Increases may indicate aggressive marketing or expansion, while decreases often reflect cost-cutting measures or improved corporate efficiency.

Detailed definition

The sum of all direct and indirect selling expenses and all general and administrative expenses of a company. This inclu...

Peer comparison

Used to assess the 'leaness' of a company's corporate structure relative to its peers.

Metric ID: is_selling_general_and_administrative

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$7.32B$6.52B$7.41B$7.17B$7.50B$7.42B$8.05B$7.51B$8.25B$8.00B$8.99B$8.14B$8.02B$9.71B$8.24B$7.87B$7.81B$7.75B$10.38B
QoQ Change-11.0%+13.7%-3.2%+4.5%-1.0%+8.4%-6.7%+10.0%-3.1%+12.5%-9.4%-1.5%+21.0%-15.1%-4.4%-0.8%-0.8%+33.9%
YoY Change+2.3%+13.8%+8.6%+4.7%+10.1%+7.7%+11.7%+8.5%-2.8%+21.4%-8.4%-3.3%-2.6%-20.1%+26.0%
Range$6.52B$10.38B
CAGR+8.1%
Avg YoY Growth+5.2%
Median YoY Growth+7.7%

Business Segments

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Frequently Asked Questions

What is Verizon Communications's sg&a?
Verizon Communications (VZ) reported sg&a of $10.38B in Q4 2025.
How has Verizon Communications's sg&a changed year-over-year?
Verizon Communications's sg&a increased by 26.0% year-over-year, from $8.24B to $10.38B.
What is the long-term trend for Verizon Communications's sg&a?
Over 4 years (2021 to 2025), Verizon Communications's sg&a has grown at a 4.2% compound annual growth rate (CAGR), from $28.66B to $33.82B.
What does sg&a mean?
The day-to-day costs of running the business and marketing its products.

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