Verizon Gross Profit 2010-2023 | VZ
Verizon annual/quarterly gross profit history and growth rate from 2010 to 2023. Gross profit can be defined as the profit a company makes after deducting the variable costs directly associated with making and selling its products or providing its services.
- Verizon gross profit for the quarter ending December 31, 2023 was $19.948B, a 2.36% increase year-over-year.
- Verizon gross profit for the twelve months ending December 31, 2023 was $79.087B, a 1.78% increase year-over-year.
- Verizon annual gross profit for 2023 was $79.087B, a 1.78% increase from 2022.
- Verizon annual gross profit for 2022 was $77.702B, a 0.5% increase from 2021.
- Verizon annual gross profit for 2021 was $77.312B, a 0.29% increase from 2020.
Verizon Annual Gross Profit
(Millions of US $) |
| 2023 |
$79,087 |
| 2022 |
$77,702 |
| 2021 |
$77,312 |
| 2020 |
$77,091 |
| 2019 |
$77,142 |
| 2018 |
$75,355 |
| 2017 |
$72,971 |
| 2016 |
$73,279 |
| 2015 |
$79,063 |
| 2014 |
$77,148 |
| 2013 |
$75,663 |
| 2012 |
$69,571 |
| 2011 |
$65,000 |
| 2010 |
$62,416 |
| 2009 |
$63,229 |
Verizon Quarterly Gross Profit
(Millions of US $) |
| 2023-12-31 |
$19,948 |
| 2023-09-30 |
$19,899 |
| 2023-06-30 |
$19,832 |
| 2023-03-31 |
$19,408 |
| 2022-12-31 |
$19,489 |
| 2022-09-30 |
$19,640 |
| 2022-06-30 |
$19,369 |
| 2022-03-31 |
$19,204 |
| 2021-12-31 |
$19,071 |
| 2021-09-30 |
$19,387 |
| 2021-06-30 |
$19,509 |
| 2021-03-31 |
$19,345 |
| 2020-12-31 |
$19,870 |
| 2020-09-30 |
$19,209 |
| 2020-06-30 |
$18,698 |
| 2020-03-31 |
$19,314 |
| 2019-12-31 |
$19,144 |
| 2019-09-30 |
$19,510 |
| 2019-06-30 |
$19,350 |
| 2019-03-31 |
$19,138 |
| 2018-12-31 |
$18,990 |
| 2018-09-30 |
$19,276 |
| 2018-06-30 |
$18,572 |
| 2018-03-31 |
$18,517 |
| 2017-12-31 |
$18,397 |
| 2017-09-30 |
$18,743 |
| 2017-06-30 |
$18,064 |
| 2017-03-31 |
$17,767 |
| 2016-12-31 |
$16,701 |
| 2016-09-30 |
$18,708 |
| 2016-06-30 |
$18,311 |
| 2016-03-31 |
$19,559 |
| 2015-12-31 |
$19,547 |
| 2015-09-30 |
$19,853 |
| 2015-06-30 |
$19,775 |
| 2015-03-31 |
$19,888 |
| 2014-12-31 |
$18,789 |
| 2014-09-30 |
$19,334 |
| 2014-06-30 |
$19,396 |
| 2014-03-31 |
$19,629 |
| 2013-12-31 |
$19,103 |
| 2013-09-30 |
$19,319 |
| 2013-06-30 |
$18,753 |
| 2013-03-31 |
$18,488 |
| 2012-12-31 |
$16,976 |
| 2012-09-30 |
$18,016 |
| 2012-06-30 |
$17,656 |
| 2012-03-31 |
$16,923 |
| 2011-12-31 |
$16,346 |
| 2011-09-30 |
$16,515 |
| 2011-06-30 |
$16,378 |
| 2011-03-31 |
$15,761 |
| 2010-12-31 |
$15,785 |
| 2010-09-30 |
$15,813 |
| 2010-06-30 |
$14,557 |
| 2010-03-31 |
$16,261 |
| 2009-12-31 |
$14,297 |
| 2009-09-30 |
$16,269 |
| 2009-06-30 |
$16,380 |
| 2009-03-31 |
$16,283 |
| Sector |
Industry |
Market Cap |
Revenue |
| Computer and Technology |
Wireless - National Providers |
$167.246B |
$133.974B |
|
Verizon Communications Inc. offers communication services in the form of local phone service, long distance, wireless and data services. In Jan 2006, Verizon completed its merger with MCI Corporation, a leader in long distance and data networking. With the acquisition of Alltel Wireless Corp. in early 2009, Verizon has surpassed AT&T Inc. as the largest wireless carrier in the North America, serving millions of customers nationwide.Verizon has teamed up with Amazon Web Services to create and deploy low latency applications to mobile devices using 5G and became the first telecom carrier in the world to offer such service. The company has launched a free consumer search engine dubbed OneSearch with enhanced privacy options to add a new dimension to the search ecosystem. It has also announced a pricing breakthrough in the cable industry with the launch of Mix & Match on its FiOS platform, enabling viewers to combine TV with Internet plans effectively without any hidden charges and annual contracts.
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