Verizon Communications VZ Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Operating Revenues by Business | ||||||
| Business | $7.42B+0.7% | $7.37B+3.1% | $7.14B-1.8% | $7.28B-0.2% | $7.29B-2.9% | |
| Consumer | $26.45B-7.0% | $28.44B+8.9% | $26.11B-2.0% | $26.65B+4.0% | $25.62B-7.0% | |
| Operating Income by Business | ||||||
| Business | $884M+49.1% | $593M-6.9% | $637M-0.2% | $638M-3.9% | $664M+11.8% | |
| Consumer | $7.71B+11.8% | $6.9B-10.0% | $7.66B+0.3% | $7.64B+2.9% | $7.42B+7.5% | |
| Costs and Expenses by Business | ||||||
| Business | $6.54B-3.5% | $6.77B+4.1% | $6.51B-2.0% | $6.64B+0.2% | $6.62B-4.2% | |
| Consumer | $18.74B-13.0% | $21.54B+16.8% | $18.44B-3.0% | $19.01B+4.5% | $18.19B-11.9% | |
| Other segment expenses by Business | ||||||
| Business | $1.8B-5.1% | $1.9B+1.4% | $1.87B-4.6% | $1.96B+2.0% | $1.93B-3.9% | |
| Consumer | $5.28B-5.3% | $5.57B+8.3% | $5.15B-0.1% | $5.15B-1.2% | $5.22B-4.9% | |
| Acquisitions by Business | ||||||
| Business | $1.78B— | —— | —— | —— | —— | |
| Consumer | $6B— | —— | —— | —— | —— | |
| Cost of services and equipment by Business | ||||||
| Business | $1.2B— | —— | $1.21B+1.0% | $1.2B+0.6% | $1.19B— | |
| Consumer | $5.3B— | —— | $5.27B-9.2% | $5.81B+18.2% | $4.91B— | |
| Centrally managed network and shared service costs by Business | ||||||
| Business | $2.45B+1.7% | $2.41B+1.1% | $2.38B-2.4% | $2.44B-1.7% | $2.48B-0.3% | |
| Consumer | $4.43B-2.5% | $4.54B+2.0% | $4.46B-0.2% | $4.46B-1.3% | $4.52B+0.4% | |
| Depreciation and amortization expense by Business | ||||||
| Business | $1.08B+5.4% | $1.03B-0.9% | $1.04B+0.4% | $1.03B+1.1% | $1.02B-3.9% | |
| Consumer | $3.73B+7.2% | $3.48B-2.5% | $3.57B-0.4% | $3.58B+1.1% | $3.54B+3.1% | |
| Goodwill by Business | ||||||
| Business | $3.45B+107% | $1.66B0.0% | $1.66B0.0% | $1.66B-0.1% | $1.67B+0.1% | |
| Consumer | $27.18B+28.3% | $21.18B0.0% | $21.18B0.0% | $21.18B0.0% | $21.18B0.0% | |
| Cost of services and wireless equipment by Product | ||||||
| Service | $7.17B+1.0% | $7.1B+3.4% | $6.86B-0.2% | $6.88B-1.0% | $6.95B+0.2% | |
| Wireless equipment | $6.51B-30.6% | $9.38B+44.7% | $6.48B-7.5% | $7.01B+14.8% | $6.11B-28.8% | |
| Percentage of month-to-month contracts of total service contracts by Product | ||||||
| Wireless postpaid contracts | 95%0.0pp | 95%0.0pp | 95%0.0pp | 95%0.0pp | 95%0.0pp | |
| Wireline Consumer And Business Markets And Other Contracts | 96%+2.0pp | 94%0.0pp | 94%0.0pp | 94%-1.0pp | 95%0.0pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Verizon Communications break its business down?
- Verizon Communications (VZ) reports operating revenues by business across 2 parts — Business and Consumer. Each is extracted from the segment footnotes and tracked over time.
- Where does Verizon Communications's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Verizon Communications's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
