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Verizon Communications revenue
Verizon Communications's revenue is $134.8 billion.
What is Verizon Communications's revenue?
- Verizon Communications's revenue growth from 2001 to 2024 is 102.04%.
- Verizon Communications has 132,200 employees, and the revenue per employee ratio is $1,019,576.
- Verizon Communications's peak quarterly revenue was $35.7B in 2024(q4).
- Verizon Communications peak revenue was $136.8B in 2022.
- Verizon Communications annual revenue for 2023 was 134.0B, -2.09% growth from 2022.
- Verizon Communications annual revenue for 2024 was 134.8B, 0.61% growth from 2023.
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Verizon Communications historical revenue
Verizon Communications's peak revenue was $136.8B in 2022. The peak quarterly revenue was $35.7B in 2024(q4).
Verizon Communications's revenue increased from $66.7b in 2001 to $134.8B currently. That's a 102.04% change in annual revenue.
Verizon Communications annual revenue
Verizon Communications annual revenue over time
| Fiscal year / year | Verizon Communications revenue |
|---|---|
| 2009 | $107.8B |
| 2010 | $106.6B |
| 2011 | $110.9B |
| 2012 | $115.8B |
| 2013 | $120.6B |
| 2014 | $127.1B |
| 2015 | $131.6B |
| 2016 | $126.0B |
| 2017 | $126.0B |
| 2018 | $130.9B |
| 2019 | $131.9B |
| 2020 | $128.3B |
| 2021 | $133.6B |
| 2022 | $136.8B |
| 2023 | $134.0B |
| 2024 | $134.8B |
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Verizon Communications annual growth
Verizon Communications saw the greatest revenue growth in 2006, when revenue increased by 26.85%.
Verizon Communications had the lowest revenue growth in 2016, when revenue changed by -4.29%.
Verizon Communications annual growth rate over time
| Year | Verizon Communications growth |
|---|---|
| 2009 | 11%↑ |
| 2010 | -1%↓ |
| 2011 | 4%↑ |
| 2012 | 4%↑ |
| 2013 | 4%↑ |
| 2014 | 5%↑ |
| 2015 | 4%↑ |
| 2016 | -4%↓ |
| 2017 | 0%↑ |
| 2018 | 4%↑ |
| 2019 | 1%↑ |
| 2020 | -3%↓ |
| 2021 | 4%↑ |
| 2022 | 2%↑ |
| 2023 | -2%↓ |
| 2024 | 1%↑ |
Verizon Communications quarterly revenue over time
- Q1
- Q2
- Q3
- Q4
Verizon Communications quarterly growth rate over time
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2009 | $26.6B | $26.9B | $27.3B | $27.1B |
| 2010 | $26.9B | $26.8B | $26.5B | $26.4B |
| 2011 | $27.0B | $27.5B | $27.9B | $28.4B |
| 2012 | $28.2B | $28.6B | $29.0B | $30.0B |
| 2013 | $29.4B | $29.8B | $30.3B | $31.1B |
| 2014 | $30.8B | $31.5B | $31.6B | $33.2B |
| 2015 | $32.0B | $32.2B | $33.2B | $34.3B |
| 2016 | $32.2B | $30.5B | $30.9B | $32.3B |
| 2017 | $29.8B | $30.5B | $31.7B | $34.0B |
| 2018 | $31.8B | $32.2B | $32.6B | $34.3B |
| 2019 | $32.1B | $32.1B | $32.9B | $34.8B |
| 2020 | $31.6B | $30.4B | $31.5B | $34.7B |
| 2021 | $32.9B | $33.8B | $32.9B | $34.1B |
| 2022 | $33.6B | $33.8B | $34.2B | $35.3B |
| 2023 | $32.9B | $32.6B | $33.3B | $35.1B |
| 2024 | $33.0B | $32.8B | $33.3B | $35.7B |
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Verizon Communications financial information
| CEO | Hans Erik Vestberg |
| Company Type | Public |
| Employees Number | 132,200 |
| Date Founded | 1983 |
| Headquarters | New York, New York |
| Number of Locations | 120 |
| Revenue | $134.8B |
| Net Income | $21,256,000,000 |
| Gross Proft | $80.7B (2024) |
| EBITDA | $47.1B (2024) |
| PE Ratio | 14.23 |
| Tax Rate | 0.2% |
| Market Capitalization | $249.2B |
| Total Assets | $379,680,000,000 |
| Ticker | VZ |
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Verizon Communications financing
Verizon Communications received early financing of $141.1K on 2002-01-29.
| Series | Round size | Date |
|---|---|---|
| Grant | $141K | 01/2002 |
| Grant | $170K | 01/2004 |
| Post Ipo Debt | $150M | 01/2010 |
| Post Ipo Equity | $1B | 03/2010 |
| Post Ipo Equity | $3.8B | 03/2012 |
| Post Ipo Equity | $3.8B | 03/2013 |
| Post Ipo Equity | $21.3B | 02/2014 |
| Grant | $11.8M | 03/2022 |
Verizon Communications investors
| Investors | Security type |
|---|---|
| NYSERDA | Grant |
| NYSERDA | Grant |
| ATN International Inc. | Post Ipo Debt |
| American Rescue Plan | Grant |
Verizon Communications competitors
Verizon Communications's top competitor, Google, earned an annual revenue of $350.0B.
Verizon Communications's smallest competitor is AUTOMATED DIGITAL TECHNOLOGIES with revenue of $284.9K last year.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| AT&T | $47,201 | $122.3B | 230,000 | 3,069 |
| AUTOMATED DIGITAL TECHNOLOGIES | $57,105 | $284.9K | 5 | - |
| Qwest | $66,373 | $11.4B | 30,000 | - |
| Vonage | $58,815 | $1.4B | 2,400 | 15 |
| U.S. Cellular | $44,716 | $4.2B | 5,000 | - |
| $140,774 | $350.0B | 139,995 | 3,545 | |
| Cricket Wireless | $45,542 | $1.9B | 221 | 269 |
| GTE - Gas Turbine Efficiency | $63,738 | $8.5M | 150 | 1 |
| GTE Corporation | $50,590 | $19.0M | 50 | - |
| Verizon Wireless of the East LP | $52,413 | $24.0M | 50 | - |
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Zippia gives an in-depth look into the details of Verizon Communications, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Verizon Communications. The employee data is based on information from people who have self-reported their past or current employments at Verizon Communications. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Verizon Communications. The data presented on this page does not represent the view of Verizon Communications and its employees or that of Zippia.
Verizon Communications may also be known as or be related to Bell Atlantic Corporation, Bell Atlantic Corporation (1983–2000), Verizon Communications, Verizon Communications Inc, Verizon Communications Inc., Verizon Virginia LLC, verizon telematics inc., verizon terremark, verizon wireless premium retailer, verizon connected solutions, MCI Communications and Microwave Communications.