Company / Operating Income
Verizon Operating Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Income
$29.3B
FY2025
5-year range
$28.7B / $32.4B
FY2021-FY2025
Trend
+2.0%
vs FY2024
Sector context
#3 of 68
Communication Services
What the data says
Among 68 Communication Services companies, Verizon is in the top 4% for operating income. Operating Income has fluctuated over the past 10 years, ranging from $22.3B in FY2020 to $32.4B in FY2023.
Based on SEC 10-K filings.
$29.3B in FY2025 with a 5-year CAGR of +5.6%. Ranks 3rd among 68 companies in Communication Services.
Declined from $32.4B to $29.3B over the past 2 years.
Communication Services sector context is included.
Operating Income over time
Growth rates
- 3-Year CAGR
- +0.5%
- 5-Year CAGR
- +5.6%
- 10-Year CAGR
- -
Sector benchmark
+483.0% above sector average
Key checks
Key Insights
- 5-year CAGR of +5.6%, indicating consistent growth.
- In FY2025, operating income increased 2.0% year-over-year.
- Ranks #3 out of 68 companies in the Communication Services sector.
- Peak operating income was recorded in FY2023.
Company context
Key Data Points
- Altman Z-Score 0.90 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $29.3B | +2.0% |
| FY2024 | $28.7B | -11.6% |
| FY2023 | $32.4B | +12.7% |
| FY2022 | $28.8B | -5.2% |
| FY2021 | $30.4B | +36.4% |
| FY2020 | $22.3B | -18.8% |
| FY2019 | $27.4B | +23.1% |
| FY2018 | $22.3B | -18.8% |
| FY2017 | $27.4B | -6.2% |
| FY2016 | $29.2B | -11.5% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026