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Verizon Communications VZ Service — Cost of services and wireless equipment
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Where this comes from
Reported directly by Verizon Communications in its filing.
Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.
The source filing: Verizon Communications’s 10-Q, filed May 1, 2026.
- Filed
- May 1, 2026, 10:05 AM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0000732712-26-000023
| (dollars in millions, except per share amounts) (unaudited) | Three Months Ended / March 31, 2026 | Three Months Ended / March 31, 2025 |
|---|---|---|
| Wireless equipment revenues | 5,681 | 5,398 |
| Total Operating Revenues | 34,440 | 33,485 |
| Operating Expenses | ||
| Cost of services (exclusive of items shown below) | 7,167 | 6,950 |
| Cost of wireless equipment | 6,506 | 6,106 |
| Selling, general and administrative expense | 7,633 | 7,874 |
| Depreciation and amortization expense | 4,892 | 4,577 |
| Total Operating Expenses | 26,198 | 25,507 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Verizon Communications's service — cost of services and wireless equipment?
- Verizon Communications (VZ) reported service — cost of services and wireless equipment of $7.17B in Q1 2026.
- How has Verizon Communications's service — cost of services and wireless equipment changed year-over-year?
- Verizon Communications's service — cost of services and wireless equipment increased by 3.1% year-over-year, from $6.95B to $7.17B.
- What is the long-term trend for Verizon Communications's service — cost of services and wireless equipment?
- Over 4 years (2021 to 2025), Verizon Communications's service — cost of services and wireless equipment has grown at a -2.9% compound annual growth rate (CAGR), from $31.23B to $27.79B.
- What does service — cost of services and wireless equipment mean?
- This metric represents the direct costs associated with providing wireless services and the procurement of equipment sold to customers. It encompasses network maintenance, interconnection fees, and the cost of goods sold for handsets and accessories. Monitoring this figure helps assess the efficiency of network operations and the impact of hardware subsidies on overall profitability.
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