Verizon Communications Inc (VZ)
Verizon Communications Inc brought in $138.9B of revenue over the twelve months to June 30, 2026, up 1.4% from a year earlier. Net income was $16.2B, a net margin of 11.6%. At June 30, 2026 it held $1.8B in cash against $21.8B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on July 31, 2026.
Key facts about Verizon Communications Inc
- Net worth
- Verizon Communications Inc has a market value (market cap) of $177.7B at the latest share price, and shareholders' equity of $105.2B on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $138.2B (+2.5% year on year), with net income of $17.2B. Over the 12 months to June 30, 2026: revenue $138.9B, net income $16.2B.
- Cash flow
- In fiscal 2025 operations brought in $37.1B of cash.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on July 31, 2026 and covers the period to June 30, 2026. Open on SEC EDGAR
- Next earnings report
- Verizon Communications Inc's next report is expected around October 20, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Verizon Communications Inc declared dividends of $2.74 per share in fiscal 2025, a yield of 6.39% at the current price.
What Verizon Communications Inc does
Verizon Communications provides wireless telecommunications, broadband internet, and television services. It sells mobile phone plans, home internet subscriptions, and network hardware to individual consumers, businesses, and government agencies across the United States. Its shares trade on NYSE under the ticker VZ.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $138.2B | $17.2B | $4.06 | n/a |
| 2024 | $134.8B | $17.5B | $4.14 | n/a |
| 2023 | $134B | $11.6B | $2.75 | n/a |
| 2022 | $136.8B | $21.3B | $5.06 | n/a |
| 2021 | $133.6B | $22.1B | $5.32 | n/a |
| 2020 | $128.3B | $17.8B | $4.30 | n/a |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where VZ ranks in Telecommunications
Dividends
Verizon Communications Inc declared $2.74 per share in fiscal 2025. At the current price that is a yield of 6.39%. It paid out $11.5B in cash dividends, 67% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $2.74 | $11.5B | 67% |
| 2024 | $2.69 | $11.2B | 64% |
| 2023 | $2.64 | $11B | 95% |
| 2022 | $2.59 | $10.8B | 51% |
| 2021 | $2.54 | $10.4B | 47% |
| 2020 | $2.49 | $10.2B | 57% |
Latest SEC filings
What Verizon Communications Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.
- September 29, 2026Executive or director change8-KVerizon Communications elected Charles Phillips to its Board of Directors.
- July 31, 2026
- July 31, 2026Form S-8 POS filing S-8 POS
- July 31, 2026Quarterly report 10-Q · period to June 30, 2026Revenue fell 0.7% to $34.3B versus the same quarter last year; diluted EPS $0.92 versus $1.18.
- July 24, 2026
- July 24, 2026
- June 29, 2026
- June 22, 2026
- June 22, 2026
- June 22, 2026
Insider trades
What the people running Verizon Communications Inc did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $429.2K worth of shares in the last 90 days and bought none on the open market. All of the selling was pre-planned under Rule 10b5-1 trading plans.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| October 6, 2026 | Malady KyleEVP and Group CEO-VZ Business | Soldpre-planned (10b5-1) | 1,100 | $50.3K |
| September 29, 2026 | Malady KyleEVP and Group CEO-VZ Business | Soldpre-planned (10b5-1) | 1,100 | $51K |
| September 22, 2026 | Malady KyleEVP and Group CEO-VZ Business | Soldpre-planned (10b5-1) | 1,100 | $52.4K |
| September 15, 2026 | Malady KyleEVP and Group CEO-VZ Business | Soldpre-planned (10b5-1) | 1,100 | $56.3K |
| September 8, 2026 | Malady KyleEVP and Group CEO-VZ Business | Soldpre-planned (10b5-1) | 1,100 | $55K |
| September 1, 2026 | Malady KyleEVP and Group CEO-VZ Business | Soldpre-planned (10b5-1) | 1,100 | $55.6K |
| August 25, 2026 | Malady KyleEVP and Group CEO-VZ Business | Soldpre-planned (10b5-1) | 1,100 | $55.1K |
| August 18, 2026 | Malady KyleEVP and Group CEO-VZ Business | Soldpre-planned (10b5-1) | 1,100 | $53.5K |
Who owns VZ
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Vanguard Capital Management13G, passive | 7.18% | April 30, 2026 |
| Verizon Communications Inc.13G, passive with 5 related filers | 5.2% | November 14, 2024 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 3,139 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 398,216,158 | +30,188,559 |
| Vanguard Capital Management LLC | 258,996,106 | -1,188,429 |
| State Street Corp | 209,676,274 | -5,177,454 |
| Charles Schwab Investment Management Inc | 127,774,822 | +14,838,312 |
| Geode Capital Management, LLC | 106,820,018 | +611,651 |
| Vanguard Portfolio Management LLC | 77,434,092 | +592,523 |
| Morgan Stanley | 70,302,870 | -3,765,300 |
| Bank of America Corp | 60,860,766 | -1,240,255 |
| Norges Bank | 54,307,400 | new |
| Northern Trust Corp | 43,831,966 | -494,592 |
| Jpmorgan Chase & Co | 41,184,848 | +8,260,629 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 41,173,226 | +5,075,794 |
| Goldman Sachs Group Inc | 38,103,828 | +2,007,467 |
| GQG Partners LLC | 35,877,241 | -9,837,354 |
| Dimensional Fund Advisors LP | 33,633,551 | +898,553 |
| Raymond James Financial Inc | 31,692,986 | +2,359,528 |
| Bank of New York Mellon Corp | 30,357,757 | -7,807,225 |
| PeakShares LLC | 28,242 | +27 |
| Legal & General Group Plc | 27,344,618 | -768,029 |
| Fmr LLC | 25,976,622 | -5,192,952 |
Insiders
7 insiders reported holding 786,717 shares in total, about $33.7M at the last price.
| Holder | Shares |
|---|---|
| Vestberg Hans ErikDirector | 239,71613,023 held indirectly |
| Skiadas Anthony TEVP and CFO | 209,387 |
| Malady KyleEVP and Group CEO-VZ Business | 102,166 |
| Russo Joseph J.EVP&Pres-Global Networks&Tech | 92,130 |
| Venkatesh VandanaEVP and Chief Legal Officer | 83,315 |
| Stillwell Mary-LeeSVP and Controller | 43,782 |
| Hammock SamanthaEVP & Chief HR Officer | 16,221 |
Questions about VZ
What does Verizon Communications Inc do?
Verizon Communications provides wireless telecommunications, broadband internet, and television services. It sells mobile phone plans, home internet subscriptions, and network hardware to individual consumers, businesses, and government agencies across the United States. Its shares trade on NYSE under the ticker VZ.
What is Verizon Communications Inc's net worth?
Verizon Communications Inc has a market value (market cap) of $177.7B at the latest share price, and shareholders' equity of $105.2B on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Verizon Communications Inc profitable?
Yes. Over the twelve months to June 30, 2026 it reported net income of $16.2B on revenue of $138.9B, a net margin of 11.6%.
How much revenue does Verizon Communications Inc make?
Over the twelve months to June 30, 2026 Verizon Communications Inc reported revenue of $138.9B. That is 1.4% more than a year earlier.
When did Verizon Communications Inc last report?
Its most recent periodic report is the quarterly report (10-Q) filed on July 31, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the insider trade from October 9, 2026.
When is Verizon Communications Inc's next earnings report?
Verizon Communications Inc's next report is expected around October 20, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
Does Verizon Communications Inc pay a dividend?
Yes. Verizon Communications Inc declared dividends of $2.74 per share in fiscal 2025, a yield of 6.39% at the current price.
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Where the numbers come from
Financial figures are the values Verizon Communications Inc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.