Verizon Communications Net Profit Margin Growth & History (VZ)
Verizon Communications's net profit margin was 12.43% for fiscal 2025.
View full Verizon Communications company overviewVerizon Communications annual net profit margin history
| Fiscal year | Period ended | Net profit margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 12.43% | −0.56 pp |
| 2024 | 2024-12-31 | 12.99% | +4.32 pp |
| 2023 | 2023-12-31 | 8.67% | −6.87 pp |
| 2022 | 2022-12-31 | 15.53% | −0.98 pp |
| 2021 | 2021-12-31 | 16.51% | +2.64 pp |
| 2020 | 2020-12-31 | 13.88% | −0.73 pp |
| 2019 | 2019-12-31 | 14.61% | +2.74 pp |
| 2018 | 2018-12-31 | 11.87% | −12.02 pp |
| 2017 | 2017-12-31 | 23.88% | +13.46 pp |
| 2016 | 2016-12-31 | 10.42% | −3.16 pp |
| 2015 | 2015-12-31 | 13.58% | +6.01 pp |
| 2014 | 2014-12-31 | 7.57% | −1.96 pp |
| 2013 | 2013-12-31 | 9.54% | +8.78 pp |
| 2012 | 2012-12-31 | 0.76% | −1.41 pp |
| 2011 | 2011-12-31 | 2.17% | −0.22 pp |
| 2010 | 2010-12-31 | 2.39% | −2.15 pp |
| 2009 | 2009-12-31 | 4.54% | +6.79 pp |
| 2008 | 2008-12-31 | −2.25% | −8.16 pp |
| 2007 | 2007-12-31 | 5.91% | — |
Verizon Communications quarterly net profit margin
| Fiscal quarter | Period ended | Net profit margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 11.20% | −3.30 pp |
| Q1 2026 | 2026-03-31 | 14.65% | +0.08 pp |
| Q4 2025 | 2025-12-31 | 6.44% | −7.59 pp |
| Q3 2025 | 2025-09-30 | 14.64% | +4.72 pp |
| Q2 2025 | 2025-06-30 | 14.50% | +0.50 pp |
| Q1 2025 | 2025-03-31 | 14.57% | +0.62 pp |
| Q4 2024 | 2024-12-31 | 14.03% | +21.73 pp |
| Q3 2024 | 2024-09-30 | 9.92% | −4.37 pp |
| Q2 2024 | 2024-06-30 | 14.00% | −0.25 pp |
| Q1 2024 | 2024-03-31 | 13.95% | −0.96 pp |
| Q4 2023 | 2023-12-31 | −7.70% | −26.36 pp |
| Q3 2023 | 2023-09-30 | 14.28% | −0.03 pp |
| Q2 2023 | 2023-06-30 | 14.26% | −1.13 pp |
| Q1 2023 | 2023-03-31 | 14.92% | +1.27 pp |
| Q4 2022 | 2022-12-31 | 18.66% | +5.12 pp |
| Q3 2022 | 2022-09-30 | 14.31% | −5.15 pp |
| Q2 2022 | 2022-06-30 | 15.39% | −1.79 pp |
| Q1 2022 | 2022-03-31 | 13.65% | −2.31 pp |
| Q4 2021 | 2021-12-31 | 13.54% | +0.32 pp |
| Q3 2021 | 2021-09-30 | 19.47% | +5.65 pp |
| Q2 2021 | 2021-06-30 | 17.18% | +1.74 pp |
| Q1 2021 | 2021-03-31 | 15.96% | +2.81 pp |
| Q4 2020 | 2020-12-31 | 13.22% | −1.43 pp |
| Q3 2020 | 2020-09-30 | 13.81% | −1.98 pp |
| Q2 2020 | 2020-06-30 | 15.44% | +3.14 pp |
| Q1 2020 | 2020-03-31 | 13.15% | −2.51 pp |
| Q4 2019 | 2019-12-31 | 14.65% | +9.00 pp |
| Q3 2019 | 2019-09-30 | 15.79% | +0.69 pp |
| Q2 2019 | 2019-06-30 | 12.30% | −0.50 pp |
| Q1 2019 | 2019-03-31 | 15.66% | +1.36 pp |
| Q4 2018 | 2018-12-31 | 5.66% | −49.33 pp |
| Q3 2018 | 2018-09-30 | 15.10% | +3.69 pp |
| Q2 2018 | 2018-06-30 | 12.79% | −1.49 pp |
| Q1 2018 | 2018-03-31 | 14.31% | +2.73 pp |
| Q4 2017 | 2017-12-31 | 54.98% | +41.08 pp |
| Q3 2017 | 2017-09-30 | 11.41% | −0.29 pp |
| Q2 2017 | 2017-06-30 | 14.28% | +11.98 pp |
| Q1 2017 | 2017-03-31 | 11.57% | −1.83 pp |
| Q4 2016 | 2016-12-31 | 13.90% | −1.84 pp |
| Q3 2016 | 2016-09-30 | 11.70% | −0.48 pp |
| Q2 2016 | 2016-06-30 | 2.30% | −10.83 pp |
| Q1 2016 | 2016-03-31 | 13.40% | +0.21 pp |
| Q4 2015 | 2015-12-31 | 15.74% | +22.46 pp |
| Q3 2015 | 2015-09-30 | 12.18% | +0.48 pp |
| Q2 2015 | 2015-06-30 | 13.13% | −0.26 pp |
| Q1 2015 | 2015-03-31 | 13.19% | +0.38 pp |
| Q4 2014 | 2014-12-31 | −6.72% | −23.03 pp |
| Q3 2014 | 2014-09-30 | 11.70% | +4.33 pp |
| Q2 2014 | 2014-06-30 | 13.39% | +5.84 pp |
| Q1 2014 | 2014-03-31 | 12.81% | +6.17 pp |
| Q4 2013 | 2013-12-31 | 16.31% | +30.39 pp |
| Q3 2013 | 2013-09-30 | 7.37% | +1.88 pp |
| Q2 2013 | 2013-06-30 | 7.54% | +1.15 pp |
| Q1 2013 | 2013-03-31 | 6.63% | +0.67 pp |
| Q4 2012 | 2012-12-31 | −14.08% | −6.96 pp |
| Q3 2012 | 2012-09-30 | 5.49% | +0.55 pp |
| Q2 2012 | 2012-06-30 | 6.39% | +0.55 pp |
| Q1 2012 | 2012-03-31 | 5.97% | +0.64 pp |
| Q4 2011 | 2011-12-31 | −7.11% | −17.11 pp |
| Q3 2011 | 2011-09-30 | 4.94% | +2.45 pp |
| Q2 2011 | 2011-06-30 | 5.84% | +10.30 pp |
| Q1 2011 | 2011-03-31 | 5.33% | +3.69 pp |
| Q4 2010 | 2010-12-31 | 10.00% | +7.72 pp |
| Q3 2010 | 2010-09-30 | 2.49% | −1.54 pp |
| Q2 2010 | 2010-06-30 | −4.45% | −10.62 pp |
| Q1 2010 | 2010-03-31 | 1.65% | −4.07 pp |
| Q4 2009 | 2009-12-31 | 2.28% | — |
| Q3 2009 | 2009-09-30 | 4.03% | −2.72 pp |
| Q2 2009 | 2009-06-30 | 6.17% | −1.63 pp |
| Q1 2009 | 2009-03-31 | 5.72% | — |
| Q3 2008 | 2008-09-30 | 6.74% | — |
| Q2 2008 | 2008-06-30 | 7.80% | — |
Verizon Communications net profit margin trends
Over the last five fiscal years, Verizon Communications's net profit margin decreased from 13.88% to 12.43%, a change of −1.45 percentage points. The latest reported quarter, Q2 2026, shows 11.20%.
What net profit margin means
Net profit margin measures the percentage of revenue remaining as net income after operating costs, interest, taxes, and other expenses. It shows how much bottom-line profit or loss a company generates from each dollar of revenue.
How net profit margin is calculated
TickerStat calculates net profit margin as SEC-reported net income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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