TTM
$29.52B
YoY change
-4.4%
5Y CAGR
-0.4%
Peak year (2015)
$32.81B
Cumulative operating income
$648.20B
Operating Income history chart for Verizon (VZ) from 1985 to 2025
Latest: $29.26B
Operating Income growth chart for Verizon (VZ) from 1985 to 2025
Latest: -4.4%
Operating Income history table for Verizon (VZ) from 1985 to 2025
| 2025 | $29.26B | -4.4% | −$1.34B | ||
| 2024 | $30.60B | +6.1% | +$1.77B | ||
| 2023 | $28.83B | -5.4% | −$1.64B | ||
| 2022 | $30.47B | -4.7% | −$1.50B | ||
| 2021 | $31.96B | +7.0% | +$2.10B | ||
| 2020 | $29.87B | -3.7% | −$1.16B | ||
| 2019 | $31.03B | +3.4% | +$1.02B | ||
| 2018 | $30.01B | +13.2% | +$3.49B | ||
| 2017 | $26.52B | +2.4% | +$609.00M | ||
| 2016 | $25.91B | -21.0% | −$6.90B | ||
| 2015 | $32.81B | +73.7% | +$13.91B | ||
| 2014 | $18.89B | -40.4% | −$12.80B | ||
| 2013 | $31.69B | +50.9% | +$10.68B | ||
| 2012 | $21.01B | +11.5% | +$2.17B | ||
| 2011 | $18.83B | -0.7% | −$139.00M | ||
| 2010 | $18.97B | -2.6% | −$507.00M | ||
| 2009 | $19.48B | +7.6% | +$1.37B | ||
| 2008 | $18.11B | +8.4% | +$1.40B | ||
| 2007 | $16.71B | +17.6% | +$2.50B | ||
| 2006 | $14.21B | +15.0% | +$1.85B | ||
| 2005 | $12.36B | -5.1% | −$664.00M | ||
| 2004 | $13.03B | +75.9% | +$5.62B | ||
| 2003 | $7.41B | -50.2% | −$7.47B | ||
| 2002 | $14.88B | +29.7% | +$3.40B | ||
| 2001 | $11.47B | -11.5% | −$1.49B | ||
| 2000 | $12.96B | -11.0% | −$1.61B | ||
| 1999 | $14.57B | +119.9% | +$7.95B | ||
| 1998 | $6.63B | +24.1% | +$1.29B | ||
| 1997 | $5.34B | -12.1% | −$737.00M | ||
| 1996 | $6.08B | +12.2% | +$661.20M | ||
| 1995 | $5.42B | +93.2% | +$2.61B | ||
| 1994 | $2.80B | +0.3% | +$7.00M | ||
| 1993 | $2.80B | +11.6% | +$291.40M | ||
| 1992 | $2.51B | -0.8% | −$19.20M | ||
| 1991 | $2.53B | -3.2% | −$84.20M | ||
| 1990 | $2.61B | +29.7% | +$596.80M | ||
| 1989 | $2.01B | -10.3% | −$231.70M | ||
| 1988 | $2.24B | -4.3% | −$101.60M | ||
| 1987 | $2.35B | -4.8% | −$117.80M | ||
| 1986 | $2.46B | +6.0% | +$139.40M | ||
| 1985 | $2.32B | — | — |
- 2025$29.26B-4.4%
- 2024$30.60B+6.1%
- 2023$28.83B-5.4%
- 2022$30.47B-4.7%
- 2021$31.96B+7.0%
- 2020$29.87B-3.7%
- 2019$31.03B+3.4%
- 2018$30.01B+13.2%
- 2017$26.52B+2.4%
- 2016$25.91B-21.0%
- 2015$32.81B+73.7%
- 2014$18.89B-40.4%
- 2013$31.69B+50.9%
- 2012$21.01B+11.5%
- 2011$18.83B-0.7%
- 2010$18.97B-2.6%
- 2009$19.48B+7.6%
- 2008$18.11B+8.4%
- 2007$16.71B+17.6%
- 2006$14.21B+15.0%
- 2005$12.36B-5.1%
- 2004$13.03B+75.9%
- 2003$7.41B-50.2%
- 2002$14.88B+29.7%
- 2001$11.47B-11.5%
- 2000$12.96B-11.0%
- 1999$14.57B+119.9%
- 1998$6.63B+24.1%
- 1997$5.34B-12.1%
- 1996$6.08B+12.2%
- 1995$5.42B+93.2%
- 1994$2.80B+0.3%
- 1993$2.80B+11.6%
- 1992$2.51B-0.8%
- 1991$2.53B-3.2%
- 1990$2.61B+29.7%
- 1989$2.01B-10.3%
- 1988$2.24B-4.3%
- 1987$2.35B-4.8%
- 1986$2.46B+6.0%
- 1985$2.32B—
Operating Income values are taken from Verizon's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Income at Verizon (VZ)
According to Verizon's latest reported financial statements, the company's current operating income (TTM) is $29.52B. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Verizon (VZ) most recent annual operating income stands at $29.26B (2025) – edged down 4.4% year-over-year.
Verizon operating income has contracted on net over the period, with a -0.4% compound annual growth rate over 2020–2025 (5 years).
Verizon operating income peaked at $32.81B in 2015; the latest annual figure is $29.26B in 2025 (10.8% below peak).
The highest annual operating income of $32.81B was reported in 2015. The lowest in the available history was $2.01B in 1989.
Verizon Operating Income by Year
Verizon Operating Income 2025: $29.26B
In 2025, Verizon reported operating income of $29.26B, edged down 4.4% below 2024.
Verizon Operating Income 2024: $30.60B
Verizon operating income in 2024 was $30.60B, grew 6.1% from 2023.
Verizon Operating Income 2023: $28.83B
2023's operating income for Verizon came in at $28.83B, declined 5.4% below 2022.
Verizon Operating Income 2022: $30.47B
Verizon posted operating income of $30.47B in 2022, edged down 4.7% below 2021.
Verizon Operating Income 2021: $31.96B
Verizon operating income in 2021 was $31.96B.
See more financial history for Verizon (VZ).
Sector peers by Operating Income
Communication Services peers of Verizon (VZ), ranked by their latest operating income
| $129.17B | |
| $83.28B | |
| $24.16B | |
| $20.67B | |
| $18.74B | |
| $13.83B | |
| $13.33B | |
| $2.56B |
- $129.17B
- $83.28B
- $24.16B
- $20.67B
- $18.74B
- $13.83B
- $13.33B
- $2.56B
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