Verizon Communications VZ Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Operating Revenues by Business | ||||||
| Business | $7.42B+1.8% | $7.37B-1.8% | $7.14B-2.8% | $7.28B-0.3% | $7.29B-1.2% | |
| Consumer | $26.45B+3.3% | $28.44B+3.2% | $26.11B+2.9% | $26.65B+6.9% | $25.62B+2.2% | |
| Operating Income by Business | ||||||
| Business | $884M+33.1% | $593M-0.2% | $637M+12.7% | $638M+27.6% | $664M+66.4% | |
| Consumer | $7.71B+3.9% | $6.9B-0.1% | $7.66B+0.8% | $7.64B+0.5% | $7.42B+0.7% | |
| Costs and Expenses by Business | ||||||
| Business | $6.54B-1.3% | $6.77B-2.0% | $6.51B-4.1% | $6.64B-2.4% | $6.62B-5.1% | |
| Consumer | $18.74B+3.0% | $21.54B+4.3% | $18.44B+3.9% | $19.01B+9.7% | $18.19B+2.9% | |
| Other segment expenses by Business | ||||||
| Business | $1.8B-6.4% | $1.9B-5.2% | $1.87B-7.8% | $1.96B-2.7% | $1.93B-7.0% | |
| Consumer | $5.28B+1.1% | $5.57B+1.6% | $5.15B+1.0% | $5.15B+2.1% | $5.22B+0.4% | |
| Acquisitions by Business | ||||||
| Business | $1.78B— | —— | —— | —— | —— | |
| Consumer | $6B— | —— | —— | —— | —— | |
| Cost of services and equipment by Business | ||||||
| Business | $1.2B+0.7% | —— | $1.21B+1.3% | $1.2B+5.8% | $1.19B+3.4% | |
| Consumer | $5.3B+8.0% | —— | $5.27B+8.7% | $5.81B+31.0% | $4.91B+3.4% | |
| Centrally managed network and shared service costs by Business | ||||||
| Business | $2.45B-1.3% | $2.41B-3.3% | $2.38B-5.3% | $2.44B-5.0% | $2.48B-5.4% | |
| Consumer | $4.43B-2.0% | $4.54B+0.9% | $4.46B+1.3% | $4.46B+0.3% | $4.52B+2.1% | |
| Depreciation and amortization expense by Business | ||||||
| Business | $1.08B+6.0% | $1.03B-3.3% | $1.04B-0.5% | $1.03B-4.4% | $1.02B-9.6% | |
| Consumer | $3.73B+5.3% | $3.48B+1.2% | $3.57B+4.6% | $3.58B+5.5% | $3.54B+7.1% | |
| Goodwill by Business | ||||||
| Business | $3.45B+107% | $1.66B0.0% | $1.66B-0.2% | $1.66B-0.1% | $1.67B0.0% | |
| 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+3.1% | $7.1B+2.4% | $6.86B-4.6% | $6.88B-0.4% | $6.95B-0.2% | |
| Wireless equipment | $6.51B+6.6% | $9.38B+9.3% | $6.48B+7.2% | $7.01B+25.9% | $6.11B+3.4% | |
| 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%+1.0pp | 94%-1.0pp | 94%-1.0pp | 94%-1.0pp | 95%+1.0pp |
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.
