Net Income for Verizon (VZ)
According to Verizon's latest reported financial statements, the company's current net income (TTM) is $17.17B USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
VZ
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$17.17B
YoY change
-1.9%
5Y CAGR
-0.7%
Peak year (2017)
$30.10B
Cumulative net income
$310.38B
Net Income history chart for Verizon (VZ) from 1985 to 2025
Net Income history table for Verizon (VZ) from 1985 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $17.17B | -1.9% | ||
| 2024 | $17.51B | +50.7% | ||
| 2023 | $11.61B | -45.4% | ||
| 2022 | $21.26B | -3.7% | ||
| 2021 | $22.07B | +24.0% | ||
| 2020 | $17.80B | -7.6% | ||
| 2019 | $19.27B | +24.1% | ||
| 2018 | $15.53B | -48.4% | ||
| 2017 | $30.10B | +129.3% | ||
| 2016 | $13.13B | -26.6% | ||
| 2015 | $17.88B | +85.8% | ||
| 2014 | $9.63B | -16.3% | ||
| 2013 | $11.50B | +1213.9% | ||
| 2012 | $875.00M | -63.6% | ||
| 2011 | $2.40B | -5.7% | ||
| 2010 | $2.55B | -30.2% | ||
| 2009 | $3.65B | -43.2% | ||
| 2008 | $6.43B | +16.4% | ||
| 2007 | $5.52B | -10.9% | ||
| 2006 | $6.20B | -16.2% | ||
| 2005 | $7.40B | -5.5% | ||
| 2004 | $7.83B | +154.5% | ||
| 2003 | $3.08B | -24.6% | ||
| 2002 | $4.08B | +948.6% | ||
| 2001 | $389.00M | -96.7% | ||
| 2000 | $11.80B | +180.7% | ||
| 1999 | $4.20B | +41.7% | ||
| 1998 | $2.96B | +20.8% | ||
| 1997 | $2.45B | +41.1% | ||
| 1996 | $1.74B | -6.4% | ||
| 1995 | $1.86B | -346.2% | ||
| 1994 | -$754.80M | -153.8% | ||
| 1993 | $1.40B | +4.7% | ||
| 1992 | $1.34B | +0.7% | ||
| 1991 | $1.33B | +1.5% | ||
| 1990 | $1.31B | +22.1% | ||
| 1989 | $1.07B | -18.4% | ||
| 1988 | $1.32B | +6.2% | ||
| 1987 | $1.24B | +6.3% | ||
| 1986 | $1.17B | +6.8% | ||
| 1985 | $1.09B | — |
Net Income 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
2025's annual net income for Verizon (VZ) came in at $17.17B – edged down 1.9% year-over-year.
Across 2020–2025 (5 years), Verizon net income produced a CAGR of -0.7% – with a net decline across the window.
Between 2017 and 2025, Verizon net income plunged 42.9%, falling from $30.10B to $17.17B.
The highest annual net income of $30.10B was reported in 2017. The lowest in the available history was -$754.80M in 1994.
Within Communication Services, Verizon (VZ) ranks 5th among 8 peers we track. The peer median for net income is $16.10B.
Verizon Net Income by Year
Verizon Net Income 2025: $17.17B
Verizon net income in 2025 was $17.17B, edged down 1.9% below 2024.
Verizon Net Income 2024: $17.51B
Verizon net income in 2024 was $17.51B, surged 50.7% from 2023.
Verizon Net Income 2023: $11.61B
Verizon net income in 2023 was $11.61B, plunged 45.4% below 2022.
Verizon Net Income 2022: $21.26B
Verizon net income in 2022 was $21.26B, edged down 3.7% below 2021.
Verizon Net Income 2021: $22.07B
Verizon net income in 2021 was $22.07B.
See more financial history for Verizon (VZ).
Sector peers — Net Income
Companies in the same sector as Verizon, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Alphabet Inc. (GOOGL) | $132.17B | Communication Services |
| Meta Platforms, Inc. (META) | $60.46B | Communication Services |
| AT&T Inc. (T) | $21.89B | Communication Services |
| Comcast Corporation (CMCSA) | $19.80B | Communication Services |
| The Walt Disney Company (DIS) | $12.40B | Communication Services |
| T-Mobile US, Inc. (TMUS) | $10.99B | Communication Services |
| Netflix, Inc. (NFLX) | $10.98B | Communication Services |
| Spotify Technology S.A. (SPOT) | $2.21B | Communication Services |
Frequently asked questions
What is Verizon's net income?
- Latest reported net income for Verizon (VZ) is $17.17B (period ending December 31, 2025).
How has Verizon net income changed year-over-year?
- Verizon (VZ) net income changed -1.9% year-over-year on the latest annual filing.
What is the long-term growth rate of Verizon net income?
- Verizon (VZ) net income compound annual growth rate is -0.7% over the most recent 5 years available.
When did Verizon net income hit its highest annual value?
- Verizon net income reached its highest annual value of $30.10B in 2017.
What was Verizon net income in 2024?
- Verizon (VZ) net income in 2024 was $17.51B.
What was Verizon net income in 2025?
- Verizon (VZ) net income in 2025 was $17.17B.
Metrics overview
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