VERIZON COMMUNICATIONS INC Net Income 2007-2025 | VZ
What is net income?
Net income can be defined as the company's total earnings or profit. It is calculated as revenues minus all expenses including cost of goods sold, operating expenses, interest, and taxes.
What is VERIZON COMMUNICATIONS INC's current net income?
VERIZON COMMUNICATIONS INC (VZ) annual net income for 2024 was $17.51B, a 50.73% increase from 2023. VERIZON COMMUNICATIONS INC net income for the quarter ending September 30, 2025 was $4.95B.
What was VERIZON COMMUNICATIONS INC's net income in 2023?
VERIZON COMMUNICATIONS INC annual net income for 2023 was $11.61B, a 45.36% decline from 2022.
What was VERIZON COMMUNICATIONS INC's net income in 2022?
VERIZON COMMUNICATIONS INC annual net income for 2022 was $21.26B, a 3.67% decline from 2021.
What is VERIZON COMMUNICATIONS INC's 5-year net income CAGR?
VERIZON COMMUNICATIONS INC net income grew at a compound annual growth rate (CAGR) of 1.90% from FY2019 to FY2024, going from $19.27B to $17.51B over 5 years.
Year-over-year comparison from 10-K annual reports
| Period | Value | Change | Source |
|---|---|---|---|
| FY2024 | $17.51B | +50.7% | 10-K |
| FY2023 | $11.61B | -45.4% | 10-K |
| FY2022 | $21.26B | -3.7% | 10-K |
| FY2021 | $22.07B | +24.0% | 10-K |
| FY2020 | $17.80B | -7.6% | 10-K |
| FY2019 | $19.27B | +24.1% | 10-K |
| FY2018 | $15.53B | -48.4% | 10-K |
| FY2017 | $30.10B | +129.3% | 10-K |
| FY2016 | $13.13B | -26.6% | 10-K |
| FY2015 | $17.88B | +85.8% | 10-K |
| FY2014 | $9.63B | -16.3% | 10-K |
| FY2013 | $11.50B | +1213.9% | 10-K |
| FY2012 | $875.0M | -63.6% | 10-K |
| FY2011 | $2.40B | -5.7% | 10-K |
| FY2010 | $2.55B | -47.9% | 10-K |
| FY2009 | $4.89B | +323.2% | 10-K |
| FY2008 | $-2.19B | -139.7% | 10-K |
| FY2007 | $5.52B | - | 10-K |