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 | $32.12B | +42.01% |
| 2017 | 2017-12-31 | $76.46B | $1.97B | +2.64% |
| 2016 | 2016-12-31 | $74.49B | −$948.0M | −1.26% |
| 2015 | 2015-12-31 | $75.44B | $17.89B | +31.09% |
| 2014 | 2014-12-31 | $57.55B | $13.85B | +31.71% |
| 2013 | 2013-12-31 | $43.70B | −$12.72B | −22.54% |
| 2012 | 2012-12-31 | $56.41B | $4.29B | +8.23% |
| 2011 | 2011-12-31 | $52.12B | $4.35B | +9.10% |
| 2010 | 2010-12-31 | $47.77B | $520.0M | +1.10% |
| 2009 | 2009-12-31 | $47.25B | −$8.88B | −15.81% |
| 2008 | 2008-12-31 | $56.13B | $15.78B | +39.12% |
| 2007 | 2007-12-31 | $40.34B | — | — |
Verizon Communications quarterly operating expenses
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Q2.26
| 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 | −$10.82B | −27.77% |
| 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 | $5.30B | +27.75% |
| Q4 2018 | 2018-12-31 | $38.95B | $17.80B | +84.13% |
| Q3 2018 | 2018-09-30 | $24.93B | $5.17B | +26.15% |
| Q2 2018 | 2018-06-30 | $25.59B | $8.09B | +46.21% |
| Q1 2018 | 2018-03-31 | $19.11B | $1.07B | +5.93% |
| Q4 2017 | 2017-12-31 | $21.16B | $6.38B | +43.22% |
| Q3 2017 | 2017-09-30 | $19.76B | $607.0M | +3.17% |
| Q2 2017 | 2017-06-30 | $17.50B | −$3.83B | −17.98% |
| Q1 2017 | 2017-03-31 | $18.04B | −$1.19B | −6.17% |
| Q4 2016 | 2016-12-31 | $14.77B | −$9.89B | −40.10% |
| Q3 2016 | 2016-09-30 | $19.16B | −$750.0M | −3.77% |
| Q2 2016 | 2016-06-30 | $21.33B | $2.39B | +12.59% |
| Q1 2016 | 2016-03-31 | $19.23B | $7.30B | +61.23% |
| Q4 2015 | 2015-12-31 | $24.66B | $3.73B | +17.84% |
| Q3 2015 | 2015-09-30 | $19.91B | $7.46B | +59.97% |
| Q2 2015 | 2015-06-30 | $18.95B | $7.24B | +61.80% |
| Q1 2015 | 2015-03-31 | $11.93B | −$541.0M | −4.34% |
| Q4 2014 | 2014-12-31 | $20.93B | $13.88B | +197.23% |
| Q3 2014 | 2014-09-30 | $12.44B | $253.0M | +2.08% |
| Q2 2014 | 2014-06-30 | $11.71B | −$487.0M | −3.99% |
| Q1 2014 | 2014-03-31 | $12.47B | $203.0M | +1.65% |
| Q4 2013 | 2013-12-31 | $7.04B | −$13.11B | −65.05% |
| Q3 2013 | 2013-09-30 | $12.19B | −$342.0M | −2.73% |
| Q2 2013 | 2013-06-30 | $12.20B | $193.0M | +1.61% |
| Q1 2013 | 2013-03-31 | $12.27B | $538.0M | +4.59% |
| Q4 2012 | 2012-12-31 | $20.14B | $2.69B | +15.39% |
| Q3 2012 | 2012-09-30 | $12.53B | $665.0M | +5.60% |
| Q2 2012 | 2012-06-30 | $12.01B | $519.0M | +4.52% |
| Q1 2012 | 2012-03-31 | $11.73B | $420.0M | +3.71% |
| Q4 2011 | 2011-12-31 | $17.46B | $8.08B | +86.24% |
| Q3 2011 | 2011-09-30 | $11.87B | −$562.0M | −4.52% |
| Q2 2011 | 2011-06-30 | $11.49B | −$2.66B | −18.81% |
| Q1 2011 | 2011-03-31 | $11.31B | −$512.0M | −4.33% |
| Q4 2010 | 2010-12-31 | $9.37B | −$1.97B | −17.37% |
| Q3 2010 | 2010-09-30 | $12.43B | −$16.0M | −0.13% |
| Q2 2010 | 2010-06-30 | $14.15B | $2.44B | +20.83% |
| Q1 2010 | 2010-03-31 | $11.82B | $67.0M | +0.57% |
| Q4 2009 | 2009-12-31 | $11.34B | — | — |
| Q3 2009 | 2009-09-30 | $12.45B | $1.92B | +18.18% |
| Q2 2009 | 2009-06-30 | $11.71B | $1.60B | +15.78% |
| Q1 2009 | 2009-03-31 | $11.75B | — | — |
| Q3 2008 | 2008-09-30 | $10.53B | — | — |
| Q2 2008 | 2008-06-30 | $10.11B | — | — |
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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