Veon annual net debt
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Veon Net Debt Growth & History (VEON)
Veon's net debt was $1.41B for fiscal 2025.
View full Veon company overviewVeon annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.41B | −$248.0M | −14.95% |
| 2024 | 2024-12-31 | $1.66B | −$146.0M | −8.09% |
| 2023 | 2023-12-31 | $1.80B | −$1.76B | −49.34% |
| 2022 | 2022-12-31 | $3.56B | −$1.78B | −33.31% |
| 2021 | 2021-12-31 | $5.34B | −$666.0M | −11.08% |
| 2020 | 2020-12-31 | $6.01B | −$260.0M | −4.15% |
| 2019 | 2019-12-31 | $6.27B | −$1.22B | −16.34% |
| 2018 · Dec 31 | 2018-12-31 | $7.49B | −$2.30B | −23.45% |
| 2017 | 2017-12-31 | $9.79B | $2.24B | +29.71% |
| 2016 | 2016-12-31 | $7.55B | — | — |
Veon quarterly net debt
Q4.16
Q4.17
Q2.18
Q4.18
Q4.19
Q4.20
Q4.21
Q4.22
Q4.23
Q4.24
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $3.66B | $29.0M | +0.80% |
| Q1 2026 | 2026-03-31 | $3.67B | — | — |
| Q4 2025 | 2025-12-31 | $1.41B | −$248.0M | −14.95% |
| Q3 2025 | 2025-09-30 | $3.48B | — | — |
| Q2 2025 | 2025-06-30 | $3.63B | — | — |
| Q4 2024 | 2024-12-31 | $1.66B | −$146.0M | −8.09% |
| Q4 2023 | 2023-12-31 | $1.80B | −$1.76B | −49.34% |
| Q4 2022 | 2022-12-31 | $3.56B | −$1.78B | −33.31% |
| Q4 2021 | 2021-12-31 | $5.34B | −$666.0M | −11.08% |
| Q4 2020 | 2020-12-31 | $6.01B | −$260.0M | −4.15% |
| Q4 2019 | 2019-12-31 | $6.27B | −$1.22B | −16.34% |
| Q4 2018 | 2018-12-31 | $7.49B | −$2.30B | −23.45% |
| Q2 2018 · Jun 30 | 2018-06-30 | $8.65B | — | — |
| Q4 2017 | 2017-12-31 | $9.79B | $2.24B | +29.71% |
| Q4 2016 | 2016-12-31 | $7.55B | — | — |
Veon net debt trends
Over the last five fiscal years, Veon's net debt decreased from $6.01B to $1.41B, a change of −$4.60B. The latest reported quarter, Q2 2026, shows $3.66B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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