Gross Profit for Verizon (VZ)
According to Verizon's latest reported financial statements, the company's current gross profit (TTM) is $76.98B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
VZ
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$76.98B
YoY change
+0.4%
5Y CAGR
+0.9%
Peak year (2025)
$63.08B
Cumulative gross profit
$1.52T
Gross Profit history chart for Verizon (VZ) from 1985 to 2025
Gross Profit history table for Verizon (VZ) from 1985 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $63.08B | +0.4% | ||
| 2024 | $62.80B | +2.2% | ||
| 2023 | $61.46B | +1.4% | ||
| 2022 | $60.60B | -0.8% | ||
| 2021 | $61.11B | +1.2% | ||
| 2020 | $60.37B | -0.1% | ||
| 2019 | $60.46B | +3.8% | ||
| 2018 | $58.26B | +1.3% | ||
| 2017 | $57.52B | -1.9% | ||
| 2016 | $58.63B | -7.0% | ||
| 2015 | $63.05B | +4.0% | ||
| 2014 | $60.62B | +2.6% | ||
| 2013 | $59.06B | +11.1% | ||
| 2012 | $53.15B | +9.6% | ||
| 2011 | $48.50B | +0.5% | ||
| 2010 | $48.25B | -1.5% | ||
| 2009 | $48.97B | +11.6% | ||
| 2008 | $43.89B | +5.6% | ||
| 2007 | $41.58B | +7.6% | ||
| 2006 | $38.63B | +21.8% | ||
| 2005 | $31.70B | -7.3% | ||
| 2004 | $34.20B | -25.3% | ||
| 2003 | $45.77B | -3.0% | ||
| 2002 | $47.19B | +2.2% | ||
| 2001 | $46.17B | +83.0% | ||
| 2000 | $25.23B | +3.1% | ||
| 1999 | $24.46B | +12.4% | ||
| 1998 | $21.76B | +0.1% | ||
| 1997 | $21.75B | +0.9% | ||
| 1996 | $21.56B | +2.4% | ||
| 1995 | $21.05B | +115.0% | ||
| 1994 | $9.79B | +9.2% | ||
| 1993 | $8.96B | +3.0% | ||
| 1992 | $8.71B | +4.3% | ||
| 1991 | $8.34B | -2.3% | ||
| 1990 | $8.54B | +10.7% | ||
| 1989 | $7.71B | +67.7% | ||
| 1988 | $4.60B | +3.0% | ||
| 1987 | $4.46B | +1.7% | ||
| 1986 | $4.39B | +15.3% | ||
| 1985 | $3.81B | — |
Gross Profit values are taken from Verizon's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of Verizon (VZ) gross profit is $63.08B – edged up 0.4% year-over-year.
Across 2020–2025 (5 years), Verizon gross profit produced a CAGR of +0.9% – sustaining 3 straight years of year-over-year growth.
Across the available history, gross profit reached its high of $63.08B in 2025 and its low of $3.81B in 1985.
Among 8 Communication Services peers, Verizon (VZ) ranks 5th; the peer median for gross profit is $58.19B.
Verizon Gross Profit by Year
Verizon Gross Profit 2025: $63.08B
Verizon gross profit in 2025 was $63.08B, edged up 0.4% from 2024. This figure represents the highest annual value in the available history.
Verizon Gross Profit 2024: $62.80B
Verizon gross profit in 2024 was $62.80B, edged up 2.2% from 2023.
Verizon Gross Profit 2023: $61.46B
Verizon gross profit in 2023 was $61.46B, edged up 1.4% from 2022.
Verizon Gross Profit 2022: $60.60B
Verizon gross profit in 2022 was $60.60B, edged down 0.8% below 2021.
Verizon Gross Profit 2021: $61.11B
Verizon gross profit in 2021 was $61.11B.
See more financial history for Verizon (VZ).
Sector peers — Gross Profit
Companies in the same sector as Verizon, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| Alphabet Inc. (GOOGL) | $240.43B | Communication Services |
| Meta Platforms, Inc. (META) | $164.79B | Communication Services |
| AT&T Inc. (T) | $100.22B | Communication Services |
| Comcast Corporation (CMCSA) | $74.31B | Communication Services |
| T-Mobile US, Inc. (TMUS) | $42.07B | Communication Services |
| The Walt Disney Company (DIS) | $35.66B | Communication Services |
| Netflix, Inc. (NFLX) | $21.91B | Communication Services |
| Spotify Technology S.A. (SPOT) | $5.50B | Communication Services |
Frequently asked questions
What is Verizon's gross profit?
- Latest reported gross profit for Verizon (VZ) is $76.98B (period ending December 31, 2025).
How has Verizon gross profit changed year-over-year?
- Verizon (VZ) gross profit changed +0.4% year-over-year on the latest annual filing.
What is the long-term growth rate of Verizon gross profit?
- Verizon (VZ) gross profit compound annual growth rate is +0.9% over the most recent 5 years available.
When did Verizon gross profit hit its highest annual value?
- Verizon gross profit reached its highest annual value of $63.08B in 2025.
What was Verizon gross profit in 2024?
- Verizon (VZ) gross profit in 2024 was $62.80B.
What was Verizon gross profit in 2025?
- Verizon (VZ) gross profit in 2025 was $63.08B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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