VERIZON COMMUNICATIONS INC
VZ Communication Services · Telecommunication ServicesEach grade is a single reported quarter's assessment, never an average — a card shows the grade at the newest quarter in view, so it follows the period and range controls above. Latest scored quarter: 2026-06-30.
▲+6 over range · as of 2026-06-30
Revenue -0.7% YoY, earnings -23.3% YoY · sector avg 79
▼−14 over range · as of 2026-06-30
11.2% net margin, 15% return on equity, 16% free-cash-flow margin, profitable in 8 of last 8 quarters · sector avg 54
▼−4 over range · as of 2026-06-30
Net debt 3.4x EBITDA, 4x interest coverage, 0.6x current ratio · sector avg 62
Latest quarter · ending 2026-06-30 · green = improving · click a row to chart it
Revenue $34.3B −0.5% Gross margin — — Operating margin 21.0% −3.0pp Net margin 11.2% −3.5pp Net income $3.8B −24.0% CHARTEDFilings
23-09 → 26-06 · following the period bar 12 match| Year | Q1 | Q2 | Q3 | FY |
|---|---|---|---|---|
| 2026 | 10-Q Q1 2026 | 10-Q Q2 2026 | no filing | no filing |
| 2025 | 10-Q Q1 2025 | 10-Q Q2 2025 | 10-Q Q3 2025 | 10-K FY 2025 |
| 2024 | 10-Q Q1 2024 | 10-Q Q2 2024 | 10-Q Q3 2024 | 10-K FY 2024 |
| 2023 | no filing | no filing | 10-Q Q3 2023 | 10-K FY 2023 |
All 12 filings
10-K FY 2024 2025-02-12 Pro → 10-Q Q3 2024 2024-10-25 Pro → 10-Q Q2 2024 2024-07-25 Pro → 10-Q Q1 2024 2024-04-25 Pro → 10-K FY 2023 2024-02-09 Pro → 10-Q Q3 2023 2023-10-26 Pro →Filing-level fact detail is a Pro feature. The grades and figures above are free. See Pro plans
Trends
| Period | Period end | Revenue |
|---|---|---|
| 23-09 | 2023-09-30 | $33.3B |
| 23-12 | 2023-12-31 | $35.1B |
| 24-03 | 2024-03-31 | $33.0B |
| 24-06 | 2024-06-30 | $32.8B |
| 24-09 | 2024-09-30 | $33.3B |
| 24-12 | 2024-12-31 | $35.7B |
| 25-03 | 2025-03-31 | $33.5B |
| 25-06 | 2025-06-30 | $34.5B |
| 25-09 | 2025-09-30 | $33.8B |
| 25-12 | 2025-12-31 | $36.4B |
| 26-03 | 2026-03-31 | $34.4B |
| 26-06 | 2026-06-30 | $34.3B |
| Period | Period end | Net income |
|---|---|---|
| 23-09 | 2023-09-30 | $4.8B |
| 23-12 | 2023-12-31 | -$2.7B |
| 24-03 | 2024-03-31 | $4.6B |
| 24-06 | 2024-06-30 | $4.6B |
| 24-09 | 2024-09-30 | $3.3B |
| 24-12 | 2024-12-31 | $5.0B |
| 25-03 | 2025-03-31 | $4.9B |
| 25-06 | 2025-06-30 | $5.0B |
| 25-09 | 2025-09-30 | $5.0B |
| 25-12 | 2025-12-31 | $2.3B |
| 26-03 | 2026-03-31 | $5.0B |
| 26-06 | 2026-06-30 | $3.8B |
| Period | Period end | Operating income |
|---|---|---|
| 23-09 | 2023-09-30 | $7.5B |
| 23-12 | 2023-12-31 | $600.0M |
| 24-03 | 2024-03-31 | $7.5B |
| 24-06 | 2024-06-30 | $7.8B |
| 24-09 | 2024-09-30 | $5.9B |
| 24-12 | 2024-12-31 | $7.4B |
| 25-03 | 2025-03-31 | $8.0B |
| 25-06 | 2025-06-30 | $8.2B |
| 25-09 | 2025-09-30 | $8.1B |
| 25-12 | 2025-12-31 | $5.0B |
| 26-03 | 2026-03-31 | $8.2B |
| 26-06 | 2026-06-30 | $7.2B |
Grade history
Point-in-time: each period shows the grade of the quarter it ends at — grades are never summed or averaged across a window.
Hover to read every grade at a period · shared with the trends chart · axis fixed 0–100
| Period | Period end | Growth | Quality | Safety |
|---|---|---|---|---|
| 23-09 | 2023-09-30 | 32 | 76 | 32 |
| 23-12 | 2023-12-31 | 27 | 45 | 30 |
| 24-03 | 2024-03-31 | 50 | 57 | 38 |
| 24-06 | 2024-06-30 | 55 | 56 | 26 |
| 24-09 | 2024-09-30 | 21 | 52 | 26 |
| 24-12 | 2024-12-31 | 68 | 57 | 33 |
| 25-03 | 2025-03-31 | 45 | 61 | 30 |
| 25-06 | 2025-06-30 | 50 | 39 | 29 |
| 25-09 | 2025-09-30 | 67 | 51 | 32 |
| 25-12 | 2025-12-31 | 38 | 52 | 41 |
| 26-03 | 2026-03-31 | 54 | 67 | 38 |
| 26-06 | 2026-06-30 | 38 | 63 | 28 |