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VERIZON COMMUNICATIONS INC Gross Profit 2007-2018 | VZ

Annual FY2007–FY2017 · quarterly through Q1 FY2018

Latest annual · FY2017

$103.89B

+0.1%YoY vs FY2016Source: 10-KFY2017

From $55.92B in FY2007 to $103.89B in FY2017: 1.9× in 10 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY18$26.5B+5.8%Not reportedNot reportedNot reported
FY17$25.0B−8.0%$25.5B−1.4%$26.8B+4.1%$26.6B+6.5%
FY16$27.2B+36.6%$25.9B−3.3%$25.7B−6.4%$25.0B−27.4%
FY15$19.9B+1.3%$26.8B+38.0%$27.4B+41.9%$34.4B+83.1%
FY14$19.6B+6.2%$19.4B+3.4%$19.3B+0.1%$18.8B−1.6%
Share24%25%25%26%

Shaded by size: darkest is the largest quarter shown; ringed is the latest reported; a dash marks a quarter with no separate figure. Each quarter sits by its period-end date. Share: its typical part of the fiscal year.

Key Statistics

Trend DirectionStable
CAGR

+8.3%

FY2012
$69.57B
FY2017
$103.89B

5 years selected · on the chart

Gross Profit History

Year-over-year comparison from 10-K annual reports

  1. $103.89B
YoY changeLargest recent move+40.6%in FY15Latest +0.1%

Gross Profit, period by period

PeriodValueChangeSource
FY2017$103.89B+0.1%10-K
FY2016$103.74B−4.4%10-K
FY2015$108.50B+40.6%10-K
FY2014$77.15B+2.0%10-K
FY2013$75.66B+8.8%10-K
FY2012$69.57B+7.0%10-K
FY2011$65.00B+4.1%10-K
FY2010$62.42B−1.3%10-K
FY2009$63.23B+7.6%10-K
FY2008$58.74B+5.0%10-K
FY2007$55.92B—10-K

What is gross profit?

Gross profit can be defined as revenue minus the cost of goods sold, representing the profit a company makes before deducting operating expenses.

What is VERIZON COMMUNICATIONS INC's current gross profit?

VERIZON COMMUNICATIONS INC (VZ) annual gross profit for 2017 was $103.89B, a 0.14% increase from 2016. VERIZON COMMUNICATIONS INC gross profit for the quarter ending March 31, 2018 was $26.46B.

What was VERIZON COMMUNICATIONS INC's gross profit in 2016?

VERIZON COMMUNICATIONS INC annual gross profit for 2016 was $103.74B, a 4.39% decline from 2015.

What was VERIZON COMMUNICATIONS INC's gross profit in 2015?

VERIZON COMMUNICATIONS INC annual gross profit for 2015 was $108.50B, a 40.64% increase from 2014.

What is VERIZON COMMUNICATIONS INC's 5-year gross profit CAGR?

VERIZON COMMUNICATIONS INC gross profit grew at a compound annual growth rate (CAGR) of 8.35% from FY2012 to FY2017, going from $69.57B to $103.89B over 5 years.

Company
VERIZON COMMUNICATIONS INC
Ticker
VZ
Sector
Technology
Industry
Telephone Communications (No Radiotelephone)