Verizon Gross Profit 2010-2022 | VZ

Verizon annual/quarterly gross profit history and growth rate from 2010 to 2022. 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, 2022 was $19.489B, a 2.19% increase year-over-year.
  • Verizon gross profit for the twelve months ending December 31, 2022 was $77.702B, a 0.5% increase year-over-year.
  • 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 for 2020 was $77.091B, a 0.07% decline from 2019.
Verizon Annual Gross Profit
(Millions of US $)
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 $)
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 $175.090B $136.835B
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.
Stock Name Country Market Cap PE Ratio
AT&T (T) United States $143.823B 7.45
United States Cellular (USM) United States $2.116B 25.34