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VERIZON COMMUNICATIONS INC

VZ · XNYS

CIK 732712fmd_0RKJRND5FDA117YV7S5PQ4JP7MTransportation, Communications, Electric, Gas and Sanitary Services · Telephone Communications (No Radiotelephone)Template: Standard

Coverage: Jan 01, 2007 to Sep 30, 2026, 75 periods

Income Statement · Annual · Millions · USD
Line itemFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Total revenues125,980126,034130,863131,868128,292133,613136,835133,974134,788138,191
Cost of revenue22,23822,147––––––––
Gross profit103,742103,887––––––––
Provision for credit losses692718459915––––––
Selling, general and administrative28,10228,59231,08329,89631,57328,65830,13632,74534,11333,818
Operating income29,24927,42522,27830,37828,79832,44830,46722,87728,68629,259
Interest expense4,3764,7334,8334,7304,2473,4853,6135,5246,6496,694
Other non-operating income (expense)(3,789)(2,021)2,364(2,900)(539)3121,373(313)995107
Income before taxes20,98620,59419,62322,73323,96729,42028,27116,98722,97922,672
Income tax expense7,378(9,956)3,5842,9455,6196,8026,5234,8925,0305,064
Net income from continuing operations13,60830,55016,03919,78818,34822,61821,74812,09517,94917,608
Net income13,12730,10115,52819,26517,80122,06521,25611,61417,50617,174