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Verizon Communications VZ Consumer — Cost of services and equipment

Other segment segments

Business
$1.2B+0.7%

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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 us-gaap:CostOfGoodsAndServicesSold.

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 consumer — cost of services and equipment?
Verizon Communications (VZ) reported consumer — cost of services and equipment of $5.3B in Q1 2026.
How has Verizon Communications's consumer — cost of services and equipment changed year-over-year?
Verizon Communications's consumer — cost of services and equipment increased by 8.0% year-over-year, from $4.91B to $5.3B.
What does consumer — cost of services and equipment mean?
This metric aggregates the direct costs associated with delivering telecommunications services and providing hardware to the consumer segment. It includes expenses related to network maintenance, customer support, and the procurement or subsidization of devices sold to subscribers. Monitoring this figure is essential for evaluating the direct cost structure and gross margin efficiency of the consumer business unit.