Verizon Comms Financials
This page shows Verizon Comms (VZ) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 19 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Verizon Comms has an operating margin of 26.0%, meaning the company retains $26 of operating profit per $100 of revenue. This strong profitability earns a score of 100/100, reflecting efficient cost management and pricing power. This is up from 21.3% the prior year.
Verizon Comms's revenue declined 100% year-over-year, from $134.8B to $113K. This contraction results in a growth score of 0/100.
Verizon Comms carries a low D/E ratio of 0.00, meaning only $0.00 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
Verizon Comms's current ratio of 0.91 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 17/100, which could limit financial flexibility.
Verizon Comms earns a strong 16.2% return on equity (ROE), meaning it generates $16 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 65/100. This is down from 17.4% the prior year.
Verizon Comms scores 415404.65, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($206.7B) relative to total liabilities ($299K). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Verizon Comms passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Verizon Comms generates $2.16 in operating cash flow ($37K OCF vs $17K net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Verizon Comms earns $4.4 in operating income for every $1 of interest expense ($29K vs $7K). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
Key Financial Metrics
Verizon Comms generated $113K in revenue in fiscal year 2025. This represents a decrease of 100.0% from the prior year.
Verizon Comms's EBITDA was $48K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 100.0% from the prior year.
Verizon Comms reported $17K in net income in fiscal year 2025. This represents a decrease of 100.0% from the prior year.
Verizon Comms earned $4.06 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 1.9% from the prior year.
Verizon Comms held $19K in cash against $6 in long-term debt as of fiscal year 2025.
Verizon Comms paid $2.73 per share in dividends in fiscal year 2025. This represents an increase of 1.9% from the prior year.
Verizon Comms had 4.22B shares outstanding in fiscal year 2025. This represents an increase of 0.2% from the prior year.
Verizon Comms's gross margin was 75.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs.
Verizon Comms's operating margin was 26.0% in fiscal year 2025, reflecting core business profitability. This is up 4.7 percentage points from the prior year.
Verizon Comms's net profit margin was 15.2% in fiscal year 2025, showing the share of revenue converted to profit. This is up 2.3 percentage points from the prior year.
Verizon Comms's ROE was 16.2% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 1.2 percentage points from the prior year.
VZ Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $33.8B-2.0% | $34.5B+3.0% | $33.5B-6.2% | $35.7B+8.8% | $32.8B-0.6% | $33.0B-6.1% | $35.1B+5.4% | $33.3B |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $7.8B-0.8% | $7.8B-0.8% | $7.9B-4.4% | $8.2B+2.7% | $8.0B-1.5% | $8.1B-9.4% | $9.0B+12.5% | $8.0B |
| Operating Income | $8.1B-0.8% | $8.2B+2.4% | $8.0B+7.5% | $7.4B-5.1% | $7.8B+3.9% | $7.5B+1153.5% | $600.0M-92.0% | $7.5B |
| Interest Expense | $1.7B+1.5% | $1.6B+0.4% | $1.6B-0.7% | $1.6B-3.2% | $1.7B+3.9% | $1.6B+2.3% | $1.6B+11.6% | $1.4B |
| Income Tax | $1.5B-1.1% | $1.5B-0.1% | $1.5B+2.5% | $1.5B+9.2% | $1.3B-1.6% | $1.4B+79.0% | $756.0M-42.2% | $1.3B |
| Net Income | $5.0B-1.1% | $5.0B+2.5% | $4.9B-2.5% | $5.0B+9.0% | $4.6B-0.2% | $4.6B+270.1% | -$2.7B-156.8% | $4.8B |
| EPS (Diluted) | $1.17-0.8% | $1.18+2.6% | $1.15-2.5% | $1.18+8.3% | $1.090.0% | $1.09+267.7% | $-0.65-157.5% | $1.13 |
VZ Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $388.3B+1.3% | $383.3B+0.8% | $380.4B-1.1% | $384.7B+1.5% | $379.1B-0.3% | $380.2B0.0% | $380.3B-1.2% | $384.8B |
| Current Assets | $44.0B+13.3% | $38.8B+4.0% | $37.4B-7.8% | $40.5B+6.5% | $38.1B+0.3% | $38.0B+3.1% | $36.8B-3.4% | $38.1B |
| Cash & Equivalents | $7.7B+124.3% | $3.4B+52.2% | $2.3B-46.2% | $4.2B+72.5% | $2.4B+2.8% | $2.4B+14.5% | $2.1B-51.0% | $4.2B |
| Inventory | $2.7B+26.3% | $2.1B-2.7% | $2.2B-2.2% | $2.2B+22.1% | $1.8B-11.3% | $2.1B+0.9% | $2.1B-8.2% | $2.2B |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | $22.8B0.0% | $22.8B0.0% | $22.8B0.0% | $22.8B0.0% | $22.8B0.0% | $22.8B0.0% | $22.8B-20.2% | $28.6B |
| Total Liabilities | $282.0B+1.1% | $278.9B+0.2% | $278.3B-2.0% | $284.1B+0.9% | $281.6B-1.0% | $284.4B-0.7% | $286.5B+0.2% | $285.7B |
| Current Liabilities | $59.6B-2.3% | $61.0B-0.2% | $61.1B-5.7% | $64.8B+6.5% | $60.8B+13.4% | $53.6B+0.8% | $53.2B-4.4% | $55.7B |
| Long-Term Debt | $126.6B+2.2% | $123.9B+2.4% | $121.0B-0.3% | $121.4B-3.7% | $126.0B-7.4% | $136.1B-1.2% | $137.7B+2.4% | $134.4B |
| Total Equity | $106.3B+1.9% | $104.4B+2.3% | $102.0B+1.5% | $100.6B+3.1% | $97.5B+1.9% | $95.7B+2.1% | $93.8B-5.3% | $99.1B |
| Retained Earnings | $95.3B+2.2% | $93.3B+2.4% | $91.1B+2.3% | $89.1B+3.0% | $86.5B+2.1% | $84.7B+2.2% | $82.9B-6.2% | $88.4B |
VZ Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $11.3B+25.5% | $9.0B+15.3% | $7.8B-25.4% | $10.4B+10.0% | $9.5B+33.9% | $7.1B-18.4% | $8.7B-19.5% | $10.8B |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | -$4.5B-30.6% | -$3.4B+8.4% | -$3.8B+32.5% | -$5.6B-43.9% | -$3.9B+26.3% | -$5.2B+33.0% | -$7.8B-44.7% | -$5.4B |
| Financing Cash Flow | -$2.6B+41.7% | -$4.4B+25.7% | -$5.9B-4.8% | -$5.6B+0.2% | -$5.6B-294.5% | -$1.4B+52.7% | -$3.0B+50.2% | -$6.1B |
| Dividends Paid | $2.9B0.0% | $2.9B0.0% | $2.9B+0.2% | $2.9B+1.7% | $2.8B+0.2% | $2.8B+0.1% | $2.8B+1.8% | $2.7B |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
VZ Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | 24.0%+0.3pp | 23.7%-0.2pp | 23.8%+3.0pp | 20.8%-3.0pp | 23.8%+1.0pp | 22.8%+21.1pp | 1.7%-20.7pp | 22.4% |
| Net Margin | 14.6%+0.1pp | 14.5%-0.1pp | 14.6%+0.5pp | 14.0%+0.0pp | 14.0%+0.1pp | 14.0%+21.7pp | -7.7%-22.0pp | 14.3% |
| Return on Equity | 4.7%-0.1pp | 4.8%0.0pp | 4.8%-0.2pp | 5.0%+0.3pp | 4.7%-0.1pp | 4.8% | N/A | 4.8% |
| Return on Assets | 1.3%-0.0pp | 1.3%+0.0pp | 1.3%-0.0pp | 1.3%+0.1pp | 1.2%0.0pp | 1.2%+1.9pp | -0.7%-1.9pp | 1.2% |
| Current Ratio | 0.74+0.1 | 0.64+0.0 | 0.61-0.0 | 0.630.0 | 0.63-0.1 | 0.71+0.0 | 0.690.0 | 0.68 |
| Debt-to-Equity | 1.190.0 | 1.190.0 | 1.19-0.0 | 1.21-0.1 | 1.29-0.1 | 1.42-0.0 | 1.47+0.1 | 1.36 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: The current ratio is below 1.0 (0.91), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Verizon Comms's annual revenue?
Verizon Comms (VZ) reported $113K in total revenue for fiscal year 2025. This represents a -100.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Verizon Comms's revenue growing?
Verizon Comms (VZ) revenue declined by 100% year-over-year, from $134.8B to $113K in fiscal year 2025.
Is Verizon Comms profitable?
Yes, Verizon Comms (VZ) reported a net income of $17K in fiscal year 2025, with a net profit margin of 15.2%.
What is Verizon Comms's earnings per share (EPS)?
Verizon Comms (VZ) reported diluted earnings per share of $4.06 for fiscal year 2025. This represents a -1.9% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Verizon Comms's EBITDA?
Verizon Comms (VZ) had EBITDA of $48K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Verizon Comms have?
As of fiscal year 2025, Verizon Comms (VZ) had $19K in cash and equivalents against $6 in long-term debt.
What is Verizon Comms's gross margin?
Verizon Comms (VZ) had a gross margin of 75.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Verizon Comms's operating margin?
Verizon Comms (VZ) had an operating margin of 26.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Verizon Comms's net profit margin?
Verizon Comms (VZ) had a net profit margin of 15.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Verizon Comms pay dividends?
Yes, Verizon Comms (VZ) paid $2.73 per share in dividends during fiscal year 2025.
What is Verizon Comms's return on equity (ROE)?
Verizon Comms (VZ) has a return on equity of 16.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Verizon Comms's operating cash flow?
Verizon Comms (VZ) generated $37K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Verizon Comms's total assets?
Verizon Comms (VZ) had $404K in total assets as of fiscal year 2025, including both current and long-term assets.
How many shares does Verizon Comms have outstanding?
Verizon Comms (VZ) had 4.22B shares outstanding as of fiscal year 2025.
What is Verizon Comms's current ratio?
Verizon Comms (VZ) had a current ratio of 0.91 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Verizon Comms's debt-to-equity ratio?
Verizon Comms (VZ) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Verizon Comms's return on assets (ROA)?
Verizon Comms (VZ) had a return on assets of 4.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Verizon Comms's Altman Z-Score?
Verizon Comms (VZ) has an Altman Z-Score of 415404.65, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Verizon Comms's Piotroski F-Score?
Verizon Comms (VZ) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Verizon Comms's earnings high quality?
Verizon Comms (VZ) has an earnings quality ratio of 2.16x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Verizon Comms cover its interest payments?
Verizon Comms (VZ) has an interest coverage ratio of 4.4x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Verizon Comms?
Verizon Comms (VZ) scores 56 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.