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Service — Operating Revenues

Verizon Communications Service — Operating Revenues increased by 12.9% to $22.79B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.6%, from $22.44B to $22.79B. Over 4 years (FY 2021 to FY 2025), Service — Operating Revenues shows an upward trend with a 5.2% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2016
Last reportedQ1 2026May 1, 2026
Rolls up toTotal Revenue

How to read this metric

An increase indicates successful market penetration, effective upselling of service tiers, or growth in the subscriber base, whereas a decrease signals competitive pressure or customer churn.

Detailed definition

This metric measures the total gross income generated specifically from the company's service segment, including wireles...

Peer comparison

Comparable to Service Revenue reported by other wireless and wireline telecom providers, excluding equipment sales revenue.

Metric ID: vz_segment_service_operating_revenues

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$16.93B$16.93B$16.93B$18.28B$18.28B$18.28B$18.28B$19.28B$19.28B$19.28B$19.28B$19.57B$19.8B$19.86B$20.01B$22.44B$20.19B$20.26B$20.18B$22.79B
QoQ Change+0.0%+0.0%+8.0%+0.0%+0.0%+0.0%+5.5%+0.0%+0.0%+0.0%+1.5%+1.1%+0.3%+0.8%+12.1%-10.0%+0.4%-0.4%+12.9%
YoY Change+8.0%+8.0%+8.0%+5.5%+5.5%+5.5%+5.5%+1.5%+2.7%+3.0%+3.8%+14.6%+2.0%+2.0%+0.8%+1.6%
Range$16.93B$22.79B
CAGR+6.5%
Avg YoY Growth+4.9%
Median YoY Growth+4.6%

Frequently Asked Questions

What is Verizon Communications's service — operating revenues?
Verizon Communications (VZ) reported service — operating revenues of $22.79B in Q1 2026.
How has Verizon Communications's service — operating revenues changed year-over-year?
Verizon Communications's service — operating revenues increased by 1.6% year-over-year, from $22.44B to $22.79B.
What is the long-term trend for Verizon Communications's service — operating revenues?
Over 4 years (2021 to 2025), Verizon Communications's service — operating revenues has grown at a 5.2% compound annual growth rate (CAGR), from $67.72B to $83.06B.
What does service — operating revenues mean?
The total revenue earned from providing wireless and fixed-line communication services to customers.