Verizon Communications Inc. BDR (VERZ34) Stock Price & News

Verizon Communications Inc. is an American telecommunications company headquartered in New York City. It is the world's second-largest telecommunications company by revenue and its mobile network is the largest wireless carrier in the United States, with 146.8 million subscribers as of March 31, 2026. The company was founded as Bell Atlantic Corporation and renamed to Verizon on June 30, 2000 as a result of a merger with GTE. Bell Atlantic was originally headquartered in Philadelphia and operated in the states of Pennsylvania, New Jersey, Delaware, Maryland, Virginia, and West Virginia. In 1997, the company expanded into New York and the New England states by merging with fellow Baby Bell NYNEX. While Bell Atlantic was the surviving company, it moved its head office to NYNEX's old headquarters in New York City. In 2000, Bell Atlantic merged with GTE, which operated telecommunications companies across most of the rest of the country not already in Bell Atlantic's footprint. In 2015, Verizon expanded into content ownership by acquiring AOL, and two years later, it acquired Yahoo! Inc. Wikipedia

About Verizon Communications Inc. BDR

CEODan Schulman

Employees97.6K

FoundedOct 7, 1983

HeadquartersNew York, New York, United States

SectorTelecommunications

Websiteverizon.com

All values in USD	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	33.82B	36.38B	34.44B	34.25B
Cost of goods sold	13.35B	16.27B	13.67B	13.03B
Cost of revenue	13.35B	16.27B	13.67B	13.03B
Research and development expenses	-	-	-	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	7.76B	7.95B	7.20B	8.34B
Operating expense	12.38B	12.47B	12.09B	13.35B
Total operating expenses	25.73B	28.74B	25.77B	26.38B
Operating income	8.09B	7.64B	8.67B	7.88B
Other non operating income	1.00M	-273.00M	76.00M	-87.00M
EBT including unusual items	6.53B	3.06B	6.78B	5.27B
EBT excluding unusual items	6.48B	5.74B	6.95B	5.91B
Income tax expense	1.47B	615.00M	1.64B	1.32B
Effective tax rate	22.54%	20.08%	24.14%	25.12%
Other operating expenses	-	-	-	-
Net income	4.95B	2.34B	5.04B	3.84B
Net profit margin	14.64%	6.44%	14.65%	11.20%
Earnings per share	1.21	1.09	1.28	1.30
Interest and investment income	68.00M	143.00M	147.00M	72.00M
Interest expense	-1.66B	-1.76B	-1.94B	-1.98B
Net interest expenses	-1.60B	-1.62B	-1.79B	-1.91B
Depreciation and amortization charges	4.62B	4.52B	4.89B	5.01B
EBITDA	12.71B	12.16B	13.57B	12.89B
Gain or loss from assets sale	-	-	-	-

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