Verizon Communications annual operating expenses
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Verizon Communications Operating Expenses Growth & History (VZ)
Verizon Communications's operating expenses was $108.93B for fiscal 2025.
View full Verizon Communications company overviewVerizon Communications annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $108.93B | $2.83B | +2.67% |
| 2024 | 2024-12-31 | $106.10B | −$5.00B | −4.50% |
| 2023 | 2023-12-31 | $111.10B | $4.73B | +4.45% |
| 2022 | 2022-12-31 | $106.37B | $5.20B | +5.14% |
| 2021 | 2021-12-31 | $101.17B | $1.67B | +1.68% |
| 2020 | 2020-12-31 | $99.49B | −$2.00B | −1.97% |
| 2019 | 2019-12-31 | $101.49B | −$7.09B | −6.53% |
| 2018 | 2018-12-31 | $108.58B | $9.98B | +10.12% |
| 2017 | 2017-12-31 | $98.61B | $1.88B | +1.94% |
| 2016 | 2016-12-31 | $96.73B | −$1.83B | −1.86% |
| 2015 | 2015-12-31 | $98.56B | −$8.92B | −8.30% |
| 2014 | 2014-12-31 | $107.48B | $18.90B | +21.33% |
| 2013 | 2013-12-31 | $88.58B | −$14.10B | −13.74% |
| 2012 | 2012-12-31 | $102.69B | $4.69B | +4.79% |
| 2011 | 2011-12-31 | $98.00B | $6.08B | +6.61% |
| 2010 | 2010-12-31 | $91.92B | $90.0M | +0.10% |
| 2009 | 2009-12-31 | $91.83B | −$2.91B | −3.07% |
| 2008 | 2008-12-31 | $94.74B | $16.85B | +21.63% |
| 2007 | 2007-12-31 | $77.89B | — | — |
Verizon Communications quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $27.07B | $742.0M | +2.82% |
| Q1 2026 | 2026-03-31 | $26.20B | $691.0M | +2.71% |
| Q4 2025 | 2025-12-31 | $31.38B | $3.12B | +11.03% |
| Q3 2025 | 2025-09-30 | $25.72B | −$1.69B | −6.16% |
| Q2 2025 | 2025-06-30 | $26.33B | $1.35B | +5.42% |
| Q1 2025 | 2025-03-31 | $25.51B | $47.0M | +0.18% |
| Q4 2024 | 2024-12-31 | $28.26B | −$6.27B | −18.16% |
| Q3 2024 | 2024-09-30 | $27.40B | $1.54B | +5.96% |
| Q2 2024 | 2024-06-30 | $24.98B | −$398.0M | −1.57% |
| Q1 2024 | 2024-03-31 | $25.46B | $132.0M | +0.52% |
| Q4 2023 | 2023-12-31 | $34.53B | $6.50B | +23.21% |
| Q3 2023 | 2023-09-30 | $25.86B | −$484.0M | −1.84% |
| Q2 2023 | 2023-06-30 | $25.38B | −$861.0M | −3.28% |
| Q1 2023 | 2023-03-31 | $25.33B | −$430.0M | −1.67% |
| Q4 2022 | 2022-12-31 | $28.03B | $1.57B | +5.92% |
| Q3 2022 | 2022-09-30 | $26.35B | $2.34B | +9.73% |
| Q2 2022 | 2022-06-30 | $26.24B | $638.0M | +2.49% |
| Q1 2022 | 2022-03-31 | $25.76B | $661.0M | +2.63% |
| Q4 2021 | 2021-12-31 | $26.46B | −$1.05B | −3.83% |
| Q3 2021 | 2021-09-30 | $24.01B | $145.0M | +0.61% |
| Q2 2021 | 2021-06-30 | $25.60B | $2.51B | +10.89% |
| Q1 2021 | 2021-03-31 | $25.10B | $66.0M | +0.26% |
| Q4 2020 | 2020-12-31 | $27.51B | −$624.0M | −2.22% |
| Q3 2020 | 2020-09-30 | $23.86B | −$849.0M | −3.44% |
| Q2 2020 | 2020-06-30 | $23.09B | −$1.14B | −4.69% |
| Q1 2020 | 2020-03-31 | $25.03B | $612.0M | +2.51% |
| Q4 2019 | 2019-12-31 | $28.14B | −$5.51B | −16.37% |
| Q3 2019 | 2019-09-30 | $24.71B | −$218.0M | −0.87% |
| Q2 2019 | 2019-06-30 | $24.22B | −$1.36B | −5.33% |
| Q1 2019 | 2019-03-31 | $24.42B | −$4.0M | −0.02% |
| Q4 2018 | 2018-12-31 | $33.64B | $5.15B | +18.07% |
| Q3 2018 | 2018-09-30 | $24.93B | $203.0M | +0.82% |
| Q2 2018 | 2018-06-30 | $25.59B | $3.05B | +13.54% |
| Q1 2018 | 2018-03-31 | $24.42B | $1.57B | +6.87% |
| Q4 2017 | 2017-12-31 | $28.49B | $6.37B | +28.77% |
| Q3 2017 | 2017-09-30 | $24.73B | $332.0M | +1.36% |
| Q2 2017 | 2017-06-30 | $22.53B | −$3.44B | −13.26% |
| Q1 2017 | 2017-03-31 | $22.85B | −$1.38B | −5.68% |
| Q4 2016 | 2016-12-31 | $22.13B | −$2.38B | −9.72% |
| Q3 2016 | 2016-09-30 | $24.40B | −$1.23B | −4.78% |
| Q2 2016 | 2016-06-30 | $25.98B | $1.57B | +6.45% |
| Q1 2016 | 2016-03-31 | $24.23B | $205.0M | +0.85% |
| Q4 2015 | 2015-12-31 | $24.51B | −$10.82B | −30.62% |
| Q3 2015 | 2015-09-30 | $25.62B | $927.0M | +3.75% |
| Q2 2015 | 2015-06-30 | $24.40B | $605.0M | +2.54% |
| Q1 2015 | 2015-03-31 | $24.02B | $366.0M | +1.55% |
| Q4 2014 | 2014-12-31 | $35.33B | $16.33B | +85.92% |
| Q3 2014 | 2014-09-30 | $24.70B | $1.54B | +6.67% |
| Q2 2014 | 2014-06-30 | $23.80B | $567.0M | +2.44% |
| Q1 2014 | 2014-03-31 | $23.66B | $460.0M | +1.98% |
| Q4 2013 | 2013-12-31 | $19.00B | −$14.21B | −42.79% |
| Q3 2013 | 2013-09-30 | $23.15B | −$373.0M | −1.59% |
| Q2 2013 | 2013-06-30 | $23.23B | $330.0M | +1.44% |
| Q1 2013 | 2013-03-31 | $23.20B | $151.0M | +0.66% |
| Q4 2012 | 2012-12-31 | $33.21B | $3.67B | +12.41% |
| Q3 2012 | 2012-09-30 | $23.52B | $258.0M | +1.11% |
| Q2 2012 | 2012-06-30 | $22.90B | $257.0M | +1.13% |
| Q1 2012 | 2012-03-31 | $23.05B | $510.0M | +2.26% |
| Q4 2011 | 2011-12-31 | $29.55B | $9.56B | +47.86% |
| Q3 2011 | 2011-09-30 | $23.27B | $165.0M | +0.71% |
| Q2 2011 | 2011-06-30 | $22.64B | −$3.72B | −14.11% |
| Q1 2011 | 2011-03-31 | $22.54B | $65.0M | +0.29% |
| Q4 2010 | 2010-12-31 | $19.98B | −$35.94B | −64.27% |
| Q3 2010 | 2010-09-30 | $23.10B | $10.65B | +85.61% |
| Q2 2010 | 2010-06-30 | $26.36B | $14.65B | +125.17% |
| Q1 2010 | 2010-03-31 | $22.47B | $10.72B | +91.20% |
| Q4 2009 | 2009-12-31 | $55.92B | — | — |
| Q3 2009 | 2009-09-30 | $12.45B | −$8.13B | −39.52% |
| Q2 2009 | 2009-06-30 | $11.71B | −$7.87B | −40.20% |
| Q1 2009 | 2009-03-31 | $11.75B | — | — |
| Q3 2008 | 2008-09-30 | $20.58B | — | — |
| Q2 2008 | 2008-06-30 | $19.58B | — | — |
Verizon Communications operating expenses trends
Over the last five fiscal years, Verizon Communications's operating expenses increased from $99.49B to $108.93B, a change of $9.44B. The latest reported quarter, Q2 2026, shows $27.07B.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Verizon Communications source filings ↗Community posts
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