Stock research

Verizon Communications Inc. (VZ) Stock Research

Verizon operates a leading US wireless network alongside a growing fiber and broadband footprint.

For the fiscal year ended December 31, 2025, Verizon Communications Inc. reported revenue of $138.2B and net income of $17.6B, with operating cash flow of $37.1B. Source: Form 10-K filed February 17, 2026

SEC data as of

Revenue
$138.2B
FY ending 2025-12-31
Net income
$17.6B
FY ending 2025-12-31
Diluted EPS
$4.06
Net margin
12.7%

Reported SEC XBRL figures. Each metric’s period and original filing are listed below.

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About Verizon Communications

Its scale in mobile connectivity makes it a widely held income-oriented telecom stock.

Exchange
NYSE: VZ
Sector
Communication Services
SEC industry
Telephone Communications (No Radiotelephone) (SIC 4813)
Fiscal year end
December 31
Headquarters
New York, New York
Founded
1983

VZ key financials

Reported figures from Verizon Communications Inc.'s filings, pulled directly from SEC XBRL data rather than a third-party terminal. Each row links to the filing it came from.

MetricValuePeriodSource
Revenue$138.2B2025-01-01 – 2025-12-31SEC filing
Net income$17.6B2025-01-01 – 2025-12-31SEC filing
Operating cash flow$37.1B2025-01-01 – 2025-12-31SEC filing
Diluted EPS$4.062025-01-01 – 2025-12-31SEC filing
Net margin12.7%2025-01-01 – 2025-12-31SEC filing
Shares outstanding4.22BAs of 2026-01-30SEC filing

Values are as tagged by the issuer in XBRL. Revenue for banks and insurers is net of interest expense where that is the reported line. Fiscal years that do not follow the calendar are shown by their period-end date. No price, market cap, or valuation multiple is shown because Yield Theory does not republish unlicensed market data.

Diluted EPS is the earnings figure behind the price-to-earnings ratio; the P/E multiple compression calculator shows how a change in that multiple moves a share price. Shares outstanding multiplied by the share price gives market capitalization.

What investors should watch in VZ

Verizon Communications Inc. sits in Communication Services. Internet platforms, media, gaming, and telecom — advertising-driven mega-caps sitting alongside capital-intensive carriers. We have not yet written company-specific drivers for VZ; the forces that matter most for the sector are:

  • ◆Digital advertising budgets and the ad cycle
  • ◆Streaming economics and content spend
  • ◆AI's effect on search and content distribution
  • ◆Antitrust and platform regulation

Key questions for the VZ thesis

Each question starts with what the filings show, then why it matters. None of these is a rating or a forecast.

Does VZ's reported profit turn into cash?

Operating cash flow was $37.1B, 2.11 times net income of $17.6B, for the fiscal year ended December 31, 2025.

Cash from operations exceeded reported earnings. Non-cash charges such as depreciation, amortization and stock-based compensation usually explain the gap; the cash-flow statement shows which.

Form 10-K filed February 17, 2026

How much of VZ's revenue is left as profit?

Net income was 12.7% of revenue for the fiscal year ended December 31, 2025, based on revenue and net income reported for the same period.

Net margin reflects the business model as much as execution, so compare it with companies in the same SEC industry and read the income statement for one-time items before treating it as a run rate.

Form 10-K filed February 17, 2026

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Congressional trading in VZ

PoliticianTrade dateTypeOwnerAmountSource
Gilbert Cisneros2026-07-17SaleSelf$1,001 - $15,000Filing #20035190
Lloyd Smucker2026-04-23SaleSelf$1,001 - $15,000Filing #20019182
Gilbert Cisneros2026-04-14PurchaseSelf$1,001 - $15,000Filing #20034500
Jennifer McClellan2026-04-07SaleSelf$100,001 - $250,000Filing #20034311
Alan Armstrong2026-03-27PurchaseSelf$1,001 - $15,000Filing #fda235b3-bad7-4637-8fa1-053f354d929c
Pete Sessions2026-03-09SaleSelf$1,001 - $15,000Filing #20033500
Sheldon Whitehouse2026-02-23SaleSpouse$1,001 - $15,000Filing #4ce4bf43-4f25-4cc0-b084-4ab230a1b080
Julie Johnson2025-12-18SaleJoint$1,001 - $15,000Filing #20033789
Gary Peters2025-12-12PurchaseSelf$1,001 - $15,000Filing #0dbb004e-a36f-4554-986d-d8b1a9a4769a
Tim Moore2025-12-10PurchaseSelf$15,001 - $50,000Filing #20033670

All verified VZ congressional disclosures

Congressional disclosures are delayed, range-based records—not real-time signals or proof of motive. See the source-linked tracker for scope and limitations.

VZ — frequently asked questions

What does Verizon Communications Inc. do?

Verizon operates a leading US wireless network alongside a growing fiber and broadband footprint.

What were VZ's latest reported annual revenue and net income?

For the fiscal year ended December 31, 2025, Verizon Communications Inc. reported revenue of $138.2B and net income of $17.6B, with operating cash flow of $37.1B. The figures come from Verizon Communications Inc.'s SEC XBRL filings.

When does Verizon Communications Inc.'s fiscal year end?

The SEC lists Verizon Communications Inc.'s fiscal year end as December 31.

Do members of Congress trade VZ?

The current verified House and Senate snapshot contains 30 transaction rows for VZ, each linked to the original filing.

Where is Verizon Communications Inc. headquartered?

Verizon Communications Inc. is headquartered in New York, New York and was founded in 1983.

Is VZ a good investment?

This page does not rate VZ as a buy or sell. It sets out what Verizon Communications Inc. reports, what investors should watch and the questions a thesis has to answer, with links to the SEC filings. It is research, not investment advice.

This page is independent research and educational information, not investment advice or a recommendation to buy or sell any security. Company facts are compiled from public sources. Do your own research.

What do the VZ numbers leave unanswered?

Financials describe the business. The next question is which assumptions an investment thesis depends on. Explore the member reports below for analysis of catalysts, risks, and what would change the view. $39/month or $249/year.

$39/mo or $249/yr · cancel future renewals anytime · sources included