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Verizon Communications Inc. (VZ) Profit Margins

Over the twelve months to 2026-06-30, Verizon Communications Inc. (VZ) had gross margin 59.3%, operating margin 20.5%, net margin 11.6%, free cash flow margin 15.5%, according to EquiReason's reading of its SEC filings.

Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason

VZVerizon Communications Inc.Follow VZ — free
Telecom Services · Communication Services
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Price chart with a free account
Market cap
185.6B
P/E TTM
11.6
Dividend yield
6.3%
52-week
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Next earnings
26 Oct, in 2 days
LineFY2009
Dec 09		FY2010
Dec 10		FY2011
Dec 11		FY2012
Dec 12		FY2013
Dec 13		FY2014
Dec 14		FY2015
Dec 15		FY2016
Dec 16		FY2017
Dec 17		FY2018
Dec 18		FY2019
Dec 19		FY2020
Dec 20		FY2021
Dec 21		FY2022
Dec 22		FY2023
Dec 23		FY2024
Dec 24		FY2025
Dec 25		TTM
Jun 26		Trend
Gross margin58.6%58.6%58.6%60.1%62.8%60.7%77.6%76.8%76.7%———57.9%56.8%59.0%59.9%58.9%59.3%
Operating margin14.8%13.7%11.6%11.4%26.5%15.4%25.1%23.2%21.8%17.0%23.0%22.4%24.3%22.3%17.1%21.3%21.2%20.5%
Net margin4.5%2.4%2.2%0.8%9.5%7.6%13.6%10.4%23.9%11.9%14.6%13.9%16.5%15.5%8.7%13.0%12.4%11.6%
FCF margin13.5%15.9%25.2%26.4%31.8%24.0%16.1%3.7%5.6%13.5%13.5%18.4%14.4%10.3%14.0%14.7%14.6%15.5%

USD billions · SEC XBRL

Verizon Communications Inc. — questions

What is Verizon Communications Inc.'s gross margin?
59.3% over the twelve months to 2026-06-30.
What is Verizon Communications Inc.'s operating margin?
20.5% over the twelve months to 2026-06-30.
What is Verizon Communications Inc.'s net profit margin?
11.6% over the twelve months to 2026-06-30.

Every figure on this page comes from Verizon Communications Inc.'s own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.

How these figures are read: methodology · EquiReason.