tiprankstipranks
Verizon (VZ)
NYSE:VZ

Verizon (VZ) Income Statement

20,601 Followers

Verizon Income Statement

Last quarter (Q4 2023), Verizon's total revenue was $35.13B, a decrease of -0.34% from the same quarter last year. In Q4, Verizon's net income was $-2.71B. See Verizon’s key income statements, including revenue, expenses, profit, and income.
Income Statement
TTM
Dec 23Dec 22Dec 21Dec 20Dec 19
Total Revenue
$ 128.21B$ 133.97B$ 136.84B$ 110.45B$ 128.29B$ 131.87B
Cost of Revenue
$ 42.33B$ 28.10B$ -59.13B$ 31.23B$ 51.20B$ 54.73B
Gross Profit
$ 105.80B$ 105.87B$ 77.70B$ 77.31B$ 77.09B$ 77.14B
Operating Expense
$ 50.37B$ 50.37B$ 47.23B$ 44.86B$ 48.29B$ 46.58B
Operating Income
$ 22.88B$ 22.88B$ 30.47B$ 32.45B$ 28.80B$ 30.56B
Net Non Operating Interest Income Expense
$ -5.52B$ -5.52B$ -3.47B$ -3.48B$ -4.18B$ -4.61B
Other Income Expense
$ 366.00M$ 366.00M$ -1.27B$ -457.00M$ -649.00M$ -3.22B
Pretax Income
$ 16.99B$ 16.99B$ 28.27B$ 29.42B$ 23.97B$ 22.73B
Tax Provision
$ 4.89B$ 4.89B$ 6.52B$ 6.80B$ 5.62B$ 2.94B
Earnings From Equity Interest Net Of Tax
$ -53.00M$ -53.00M$ 44.00M$ 145.00M--
Net Income Common Stockholders
$ 11.61B$ 11.61B$ 21.26B$ 22.07B$ 17.80B$ 19.27B
Basic EPS
$ 2.76$ 2.76$ 5.06$ 2.66$ 4.30$ 4.66
Diluted EPS
$ 2.76$ 2.75$ 5.06$ 2.66$ 4.30$ 4.65
Basic Average Shares
$ 16.84B$ 4.21B$ 4.20B$ 8.30B$ 4.14B$ 4.14B
Diluted Average Shares
$ 16.86B$ 4.21B$ 4.20B$ 8.30B$ 4.14B$ 4.14B
Dividend Per Share
$ 2.64$ 2.64$ 2.59-$ 2.48$ 2.44
Total Operating Income As Reported
------
Reported Normalized Basic E P S
------
Reported Normalized Diluted E P S
----$ 4.90$ 4.81
Rent Expense Supplemental
------
Total Expenses
$ 112.45B$ 78.47B$ 77.73B$ 76.10B$ 99.49B$ 101.30B
Net Income From Continuing And Discontinued Operation
$ 11.72B$ 11.61B$ 21.26B$ 22.62B$ 17.80B$ 19.27B
Normalized Income
$ 9.67B$ 19.89B--$ 17.90B$ 22.56B
Interest Expense
----$ 4.25B$ 4.73B
EBIT
$ 18.13B$ 18.13B$ 28.57B$ 27.76B$ 28.21B$ 27.46B
EBITDA
$ 35.75B$ 35.75B$ 45.67B$ 43.96B$ 44.93B$ 44.15B
Currency in USD

Verizon Earnings and Revenue History

What's Included in PREMIUM?
Make informed decisions based on Top Analysts' activity
Know what industry insiders are buying
Get actionable alerts from top Wall Street Analysts
Find out before anyone else which stock is going to shoot up
Get powerful stock screeners & detailed portfolio analysis