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Verizon Communications VZ Business — Centrally managed network and shared service costs

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Other financials

Income statement

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Revenue$34.3B-0.7%
Operating income$7.2B-12.2%
Net income$3.8B-23.3%
EPS (diluted)$0.92-22.0%

Balance sheet

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Cash & equivalents$1.8B-55.4%
Total debt$45.0B-73.5%
Total equity$105.20B+0.8%
Total assets$410.19B+7.0%

Cash flow

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Operating cash flow$10.4B+16.3%

Valuation

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Market cap$193.66B+8.4%
Enterprise value$236.92B-31.2%
P/E12×+2.2×
P/S1.4×+0.1×

Profitability

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Gross margin82.3%
Operating margin20.5%-1.0pp
Net margin11.6%-1.6pp
FCF margin13.6%

Returns & leverage

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Return on equity15.4%-2.6pp
Debt / equity0.4×-1.2×
Current ratio0.6×0.0×

Where this comes from

Reported directly by Verizon Communications in its filing.

Tagged under the XBRL concept vz:CentrallyManagedNetworkAndSharedServiceCosts.

The official record: Verizon Communications’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Verizon Communications's business — centrally managed network and shared service costs?
Verizon Communications (VZ) reported business — centrally managed network and shared service costs of $2.45B in Q1 2026.
How has Verizon Communications's business — centrally managed network and shared service costs changed year-over-year?
Verizon Communications's business — centrally managed network and shared service costs decreased by 1.3% year-over-year, from $2.48B to $2.45B.
What is the long-term trend for Verizon Communications's business — centrally managed network and shared service costs?
Over 3 years (2022 to 2025), Verizon Communications's business — centrally managed network and shared service costs has grown at a -3.6% compound annual growth rate (CAGR), from $10.84B to $9.72B.
What does business — centrally managed network and shared service costs mean?
The portion of shared infrastructure, network maintenance, and corporate overhead costs allocated to the business segment. These costs represent the operational burden of maintaining the underlying network assets used by the segment.