Stocks Comparison
AT&T vs Verizon Communications: revenue, profit, margins and growth compared
AT&T brought in $125.6B of revenue in fiscal 2025, Verizon Communications $138.2B in fiscal 2025. Revenue changed by +2.7% at AT&T and +2.5% at Verizon Communications on the year before, so AT&T grew faster. AT&T kept 17.5% of its revenue as net profit, Verizon Communications 12.4%.
Side by side, latest fiscal year
| T | VZ | |
|---|---|---|
| Fiscal year ended | FY2025 (December 31, 2025) | FY2025 (December 31, 2025) |
| Revenue | $125.6B | $138.2B |
| Revenue growth | +2.7% | +2.5% |
| Net income | $22B | $17.2B |
| Net margin | 17.5% | 12.4% |
| Free cash flow | $19.4B | n/a |
| Free cash flow margin | 15.5% | n/a |
| Earnings per share (diluted) | $3.04 | $4.06 |
| Cash | $18.2B | $19B |
| Debt | $134.7B | $18.6B |
| Price to earnings | 8.3 | 11.6 |
| Market value | $173.9B | $195.6B |
| Dividend yield | 4.37% | 5.81% |
| Rank by revenue in sector | #2 of 51 · Telecommunications | #1 of 51 · Telecommunications |
Over the years
Questions about AT&T and Verizon Communications
Which is bigger by revenue, AT&T or Verizon Communications?
Verizon Communications is bigger by revenue: $138.2B in fiscal 2025, against $125.6B for AT&T in fiscal 2025.
Which keeps more of its revenue as profit, AT&T or Verizon Communications?
AT&T had a net margin of 17.5% in fiscal 2025; Verizon Communications had 12.4% in fiscal 2025.
Which grew revenue faster, AT&T or Verizon Communications?
In their latest fiscal years revenue changed by +2.7% at AT&T and +2.5% at Verizon Communications.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.