Company / SG&A Expense
Verizon SG&A Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$33.8B
FY2025
5-year range
$28.7B / $34.1B
FY2021-FY2025
Trend
-0.9%
vs FY2024
Sector context
#1 of 62
Communication Services
What the data says
Among 62 Communication Services companies, Verizon is in the bottom 2% for sg&a expense. SG&A Expense has fluctuated over the past 10 years, ranging from $28.1B in FY2016 to $34.1B in FY2024.
Based on SEC 10-K filings.
$33.8B in FY2025 with a 5-year CAGR of +1.7%. Ranks 1st among 62 companies in Communication Services.
Increased from $28.7B to $33.8B over the past 2 years.
Communication Services sector context is included.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- +2.3%
- 5-Year CAGR
- +1.7%
- 10-Year CAGR
- -
Sector benchmark
+1033.9% above sector average
Key checks
Key Insights
- 5-year CAGR of +1.7%, indicating consistent growth.
- In FY2025, sg&a expense decreased 0.9% year-over-year.
- Ranks #1 out of 62 companies in the Communication Services sector.
- Peak sg&a expense was recorded in FY2024.
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 | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $33.8B | -0.9% |
| FY2024 | $34.1B | +19.0% |
| FY2023 | $28.7B | -9.2% |
| FY2022 | $31.6B | +5.6% |
| FY2021 | $29.9B | -3.8% |
| FY2020 | $31.1B | +8.7% |
| FY2019 | $28.6B | -8.0% |
| FY2018 | $31.1B | +8.7% |
| FY2017 | $28.6B | +1.7% |
| FY2016 | $28.1B | -6.3% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026