Service — Cost of services and wireless equipment
Products & Services · Cost of services and wireless equipmentVerizon Communications Service — Cost of services and wireless equipment increased by 3.4% to $7.10B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 2.4%, from $6.93B to $7.10B. Over 4 years (FY 2021 to FY 2025), Service — Cost of services and wireless equipment shows a downward trend with a -2.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
A decrease suggests improved operational efficiency or lower hardware subsidy costs, while an increase may indicate rising network maintenance expenses or higher equipment procurement costs.
Detailed definition
This metric represents the direct costs associated with providing wireless services and the procurement of equipment sol...
Peer comparison
Comparable to Cost of Goods Sold (COGS) or Network Operating Expenses reported by other major telecommunications carriers.
vz_segment_service_cost_of_services_and_wireless_equipmentHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $7.81B | $7.81B | $7.81B | $7.23B | $6.93B | $7.29B | $7.19B | $7.08B | $6.99B | $7.08B | $6.95B | $6.97B | $6.90B | $7.19B | $6.93B | $6.95B | $6.88B | $6.86B | $7.10B |
| QoQ Change | — | +0.0% | +0.0% | -7.4% | -4.1% | +5.2% | -1.5% | -1.5% | -1.3% | +1.4% | -1.9% | +0.2% | -0.9% | +4.2% | -3.6% | +0.2% | -1.0% | -0.2% | +3.4% |
| YoY Change | — | — | — | — | -11.2% | -6.6% | -8.0% | -2.1% | +0.8% | -2.9% | -3.2% | -1.6% | -1.2% | +1.5% | -0.3% | -0.2% | -0.4% | -4.6% | +2.4% |
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Frequently Asked Questions
- What is Verizon Communications's service — cost of services and wireless equipment?
- Verizon Communications (VZ) reported service — cost of services and wireless equipment of $7.10B in Q4 2025.
- 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 2.4% year-over-year, from $6.93B to $7.10B.
- 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?
- The total direct expenses incurred to deliver wireless services and provide hardware to customers.