Verizon Communications Product — Cost of services and wireless equipment increased by 44.7% to $9.38B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 9.3%, from $8.58B to $9.38B. Over 4 years (FY 2021 to FY 2025), Product — Cost of services and wireless equipment shows an upward trend with a 3.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase relative to revenue indicates margin compression, while a decrease suggests improved operational efficiency or lower procurement costs for hardware.
This metric captures the direct costs associated with providing wireless services and the procurement of mobile hardware...
Comparable to cost of equipment sales and service delivery costs reported by peer wireless carriers and telecom service providers.
vz_segment_wireless_equipment_cost_of_services_and_wireless_equipment| 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 | $6.27B | $6.27B | $6.27B | $7.12B | $7.49B | $7.31B | $8.58B | $6.43B | $5.78B | $6.35B | $8.23B | $5.91B | $5.57B | $6.05B | $8.58B | $6.11B | $7.01B | $6.48B | $9.38B |
| QoQ Change | — | +0.0% | +0.0% | +13.7% | +5.1% | -2.4% | +17.4% | -25.1% | -10.1% | +10.0% | +29.5% | -28.3% | -5.7% | +8.6% | +41.9% | -28.8% | +14.8% | -7.5% | +44.7% |
| YoY Change | — | — | — | — | +19.5% | +16.6% | +36.9% | -9.8% | -22.8% | -13.1% | -4.0% | -8.1% | -3.7% | -4.8% | +4.3% | +3.4% | +25.9% | +7.2% | +9.3% |
We use cookies for analytics. See our Privacy and Cookie Policy.