Verizon Communications's Annual Revenue
$133.6 Billion

What is Verizon Communications's Revenue?

Verizon Communications revenue is $133.6B annually. After extensive research and analysis, Zippia's data science team found the following key financial metrics.

  • Verizon Communications's revenue growth from 2008 to 2021 is 37.24%.

  • Verizon Communications has 132,200 employees, and the revenue per employee ratio is $1,010,688.

  • Verizon Communications's peak quarterly revenue was $34.8B in 2019(q4).

  • Verizon Communications peak revenue was $133.6B in 2021.

  • Verizon Communications annual revenue for 2020 was $128.3B, a -2.71% growth from 2019

  • Verizon Communications annual revenue for 2021 was $133.6B, a 4.15% growth from 2020.

Most Recent Quarter Revenue
$33.8B (Q2'2022)
Company Most Recent Quarter Revenue
Peak Revenue
$133.6B (2021)
Company Peak Revenue
Revenue / Employee
$1.0M
Company Revenue / Employee
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Most Recent Quarter Revenue
$33.8B (Q2'2022)
Company Most Recent Quarter Revenue
Peak Revenue
$133.6B (2021)
Company Peak Revenue
Revenue / Employee
$1.0M
Company Revenue / Employee

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Verizon Communications Historical Revenue

Verizon Communications's peak revenue was $133.6B in 2021. The peak quarterly revenue was $34.8B in 2019(q4).

Verizon Communications Annual Revenue

$134B
$107B
$80B
$53B
$27B
$0
2014
2015
2016
2017
2018
2019
2020
2021

Verizon Communications Annual Revenue Over Time

Fiscal Year / YearVerizon Communications Revenue
2008$97.4B
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

Verizon Communications Annual Growth

Verizon Communications Annual Growth Rate Over Time

YearVerizon 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%

Verizon Communications Quarterly Revenue

  • Q1
  • Q2
  • Q3
  • Q4
$35B
$28B
$21B
$14B
$7B
$0
2018
2019
2020
2021
2022

Verizon Communications Quarterly Growth Rate Over Time

YearQ1Q2Q3Q4
2009-$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--

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Verizon Communications Financial Information

CEOHans Erik Vestberg
Company TypePublic
Employees Number132200
Date Founded1983
HeadquartersNew York, New York
Number of Locations120
Revenue$128.3B
Net Income$22,065,000,000
Gross Proft$77.3B (2021)
EBITDA$48.6B (2021)
PE Ratio11.29
Tax Rate0.2%
Market Capitalization$249.2B
Total Assets$366,596,000,000
TickerVZ

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Verizon Communications Financing

SeriesRound SizeDate
Grant$141K01/2002
Grant$170K01/2004
Post Ipo Debt$150M01/2010
Post Ipo Equity$1B03/2010
Post Ipo Equity$3.8B03/2012
Post Ipo Equity$3.8B03/2013
Post Ipo Equity$21.3B02/2014
Grant$11.8M03/2022

Verizon Communications Investors

InvestorsSecurity Type
NYSERDAGrant
NYSERDAGrant
ATN International Inc.Post Ipo Debt
American Rescue PlanGrant

Verizon Communications Similar Companies

Company NameAverage SalaryRevenueEmployee SizeJob Openings
AT&T$47,201$171.8B230,0002,283
AUTOMATED DIGITAL TECHNOLOGIES$57,105$284.9K5-
Qwest$66,373$11.4B30,000-
Vonage$58,815$1.3B2,40033
U.S. Cellular$44,716$4.0B5,000119
Google$140,774$182.5B139,9951,127
Cricket Wireless$45,542$1.9B2213
GTE - Gas Turbine Efficiency$63,738$8.5M150-
GTE Corporation$50,590$19.0M50-
Verizon Wireless of the East LP$52,413$24.0M50-

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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.