Verizon Communications Inc. (VZ) quarterly income statement — complete revenue, gross profit & net income history
| Revenue | 34.44B | 36.38B | 33.82B | 34.5B | 33.48B | 35.68B | 33.33B | 32.8B | 32.98B | 35.13B | 33.34B | 32.6B |
| Revenue Growth % | 2.85% | 1.96% | 1.47% | 5.21% | 1.53% | 1.57% | -0.02% | 0.61% | 0.21% | -0.34% | -2.64% | -3.53% |
| Cost of Revenue | 13.67B | 7.1B | 17.96B | 18.52B | 17.63B | 20.02B | 17.7B | 16.95B | 17.32B | 19.7B | 17.87B | 17.12B |
| Gross Profit | 20.77B | 29.28B | 15.86B | 15.98B | 15.85B | 15.66B | 15.63B | 15.84B | 15.66B | 15.43B | 15.47B | 15.47B |
| Gross Margin % | 60.3% | 80.49% | 46.89% | 46.33% | 47.34% | 43.89% | 46.9% | 48.3% | 47.49% | 43.93% | 46.4% | 47.47% |
| Gross Profit Growth % | 31.01% | 86.98% | 1.44% | 0.9% | 1.2% | 1.48% | 1.06% | 2.38% | 3.8% | 1.05% | 0.99% | 2.82% |
| Operating Expenses | 12.53B | 24.28B | 7.75B | 7.81B | 7.87B | 8.24B | 7.79B | 8.02B | 8.04B | 8.99B | 7.88B | 8.02B |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA | 13.13B | 9.52B | 12.72B | 12.81B | 12.55B | 11.93B | 12.3B | 12.3B | 12.07B | 10.96B | 12.02B | 11.82B |
| EBITDA Margin % | 38.14% | 26.18% | 37.62% | 37.12% | 37.49% | 33.43% | 36.91% | 37.51% | 36.6% | 31.19% | 36.05% | 36.25% |
| EBITDA Growth % | 4.61% | -20.16% | 3.42% | 4.11% | 4% | 8.85% | 2.37% | 4.1% | 1.43% | -4.25% | -1.65% | -0.48% |
| Depreciation & Amortization | 4.89B | 4.52B | 4.62B | 4.63B | 4.58B | 4.51B | 4.46B | 4.48B | 4.45B | 4.52B | 4.43B | 4.36B |
| D&A / Revenue % | 14.2% | 12.42% | 13.65% | 13.43% | 13.67% | 12.63% | 13.38% | 13.67% | 13.48% | 12.86% | 13.29% | 13.37% |
| Operating Income (EBIT) | 8.24B | 5B | 8.11B | 8.17B | 7.98B | 7.42B | 7.84B | 7.82B | 7.63B | 6.44B | 7.59B | 7.46B |
| Operating Margin % | 23.93% | 13.75% | 23.96% | 23.68% | 23.83% | 20.8% | 23.53% | 23.84% | 23.13% | 18.33% | 22.76% | 22.88% |
| Operating Income Growth % | 3.31% | -32.57% | 3.33% | 4.53% | 4.6% | 15.21% | 3.4% | 4.84% | 0.57% | -10.85% | -3.9% | -1.26% |
| Interest Expense | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Interest Coverage | 4.50x | 2.74x | 4.92x | 5.03x | 4.97x | 4.99x | 3.58x | 4.55x | 4.71x | -0.14x | 5.32x | 5.76x |
| Interest / Revenue % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Non-Operating Income | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K |
| Pretax Income | 6.78B | 3.06B | 6.53B | 6.61B | 6.47B | 6.57B | 4.3B | 6.03B | 6.08B | -1.82B | 6.19B | 6.11B |
| Pretax Margin % | 19.7% | 8.42% | 19.3% | 19.15% | 19.33% | 18.41% | 12.91% | 18.4% | 18.42% | -5.17% | 18.57% | 18.75% |
| Income Tax | 1.64B | 615M | 1.47B | 1.49B | 1.49B | 1.45B | 891M | 1.33B | 1.35B | 756M | 1.31B | 1.35B |
| Effective Tax Rate % | 24.15% | 20.08% | 22.54% | 22.51% | 23.02% | 22.14% | 20.71% | 22.07% | 22.27% | -41.61% | 21.12% | 22.02% |
| Net Income | 5.04B | 2.34B | 4.95B | 5B | 4.88B | 5B | 3.31B | 4.59B | 4.6B | -2.71B | 4.76B | 4.65B |
| Net Margin % | 14.65% | 6.44% | 14.64% | 14.5% | 14.57% | 14.03% | 9.92% | 14% | 13.95% | -7.7% | 14.28% | 14.26% |
| Net Income Growth % | 3.4% | -53.21% | 49.73% | 8.93% | 6.02% | 285.03% | -30.58% | -1.18% | -6.25% | -141.13% | -2.82% | -10.6% |
| EPS (Diluted) | 1.20 | 0.55 | 1.17 | 1.18 | 1.15 | 1.18 | 0.78 | 1.09 | 1.09 | -0.64 | 1.13 | 1.10 |
| EPS Growth % | 4.35% | -53.39% | 50% | 8.26% | 5.5% | 284.38% | -30.97% | -0.91% | -6.84% | -141.03% | -3.42% | -11.29% |
| EPS (Basic) | 1.20 | 0.55 | 1.17 | 1.18 | 1.16 | 1.19 | 0.78 | 1.09 | 1.09 | -0.64 | 1.13 | 1.10 |
| Diluted Shares Outstanding | 4.21B | 4.23B | 4.23B | 4.23B | 4.23B | 4.22B | 4.22B | 4.22B | 4.22B | 4.21B | 4.22B | 4.21B |