VZ — Verizon Communications Income Statement

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TelecomsConservativeLarge CapSuper Stock

Annual income statement for Verizon Communications, fiscal year end - December 31st, USD millions except per share, conversion factor applied.

	2020 December 31st	2021 December 31st	2022 December 31st	2023 December 31st	2024 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	10-K	10-K	10-K	10-K	10-K
Standards:	USG	USG	USG	USG	USG
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	128,292	133,613	136,835	133,974	134,788
Cost of Revenue
Gross Profit	77,091	77,312	77,702	79,169	80,880
Selling / General / Administrative Expenses
Depreciation and Amortization
Unusual Expense / Income
Total Operating Expenses	101,206	102,327	105,934	109,797	105,185
Operating Profit	27,086	31,286	30,901	24,177	29,603
Gain / Loss on Sale of Assets
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	23,967	29,420	28,271	16,987	22,979
Provision for Income Taxes
Net Income After Taxes	18,348	22,618	21,748	12,095	17,949
Minority Interest
Net Income Before Extraordinary Items
Net Income	17,801	22,065	21,256	11,614	17,506
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	17,801	22,065	21,256	11,614	17,506
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	4.9	5.48	5.03	3.92	4.54
Dividends per Share