Verizon Communications VZ Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Operating Revenues by Business | ||||||
| Business | $29.2B-0.8% | $29.07B-1.6% | $29.21B-1.5% | $29.42B-1.4% | $29.44B-1.9% | |
| Consumer | $107.64B+4.0% | $106.81B+3.8% | $105.93B+3.6% | $105.19B+2.9% | $103.47B+1.6% | |
| Operating Income by Business | ||||||
| Business | $2.75B+18.5% | $2.53B+23.0% | $2.53B+32.8% | $2.46B+30.8% | $2.32B+21.4% | |
| Consumer | $29.92B+1.3% | $29.63B+0.5% | $29.64B+0.1% | $29.58B+0.1% | $29.54B+0.9% | |
| Costs and Expenses by Business | ||||||
| Business | $26.45B-2.5% | $26.54B-3.4% | $26.67B-3.3% | $26.96B-3.1% | $27.12B-3.2% | |
| Consumer | $77.72B+5.1% | $77.18B+5.1% | $76.3B+7.6% | $75.61B+6.0% | $73.93B+2.5% | |
| Other segment expenses by Business | ||||||
| Business | $7.54B-5.5% | $7.66B-5.7% | $7.77B-4.4% | $7.93B-2.1% | $7.98B-1.3% | |
| Consumer | $21.15B+1.4% | $21.09B+1.3% | $21.01B+3.0% | $20.96B+3.0% | $20.85B+2.4% | |
| Centrally managed network and shared service costs by Business | ||||||
| Business | $9.68B-3.7% | $9.72B-4.8% | $9.8B-5.4% | $9.93B-5.3% | $10.06B-4.8% | |
| Consumer | $17.89B+0.1% | $17.98B+1.1% | $17.94B+1.7% | $17.89B+1.5% | $17.87B+1.8% | |
| Depreciation and amortization expense by Business | ||||||
| Business | $4.17B-0.6% | $4.11B-4.5% | $4.15B-5.1% | $4.15B-6.7% | $4.2B-6.6% | |
| Consumer | $14.36B+4.2% | $14.17B+4.6% | $14.13B+5.6% | $13.97B+5.5% | $13.79B+5.1% | |
| Goodwill by Business | ||||||
| Business | $8.44B+26.7% | $6.66B-0.1% | $6.66B-0.1% | $6.66B-46.7% | $6.66B-63.7% | |
| Consumer | $90.71B+7.1% | $84.71B0.0% | $84.71B0.0% | $84.71B0.0% | $84.71B+0.1% | |
| Cost of services and wireless equipment by Product | ||||||
| Service | $28.01B+0.1% | $27.79B-0.7% | $27.62B-1.4% | $27.95B+0.2% | $27.98B0.0% | |
| Wireless equipment | $29.38B+11.7% | $28.98B+11.0% | $28.18B+9.4% | $27.74B+6.5% | $26.3B+0.1% | |
| Percentage of month-to-month contracts of total service contracts by Product | ||||||
| Wireless postpaid contracts | 380%0.0pp | 380%0.0pp | 380%0.0pp | 380%+1.0pp | 380%+2.0pp | |
| Wireline Consumer And Business Markets And Other Contracts | 378%-2.0pp | 377%-2.0pp | 378%0.0pp | 379%+2.0pp | 380%+4.0pp |
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.
