Verizon
Verizon Communications Inc. (NYSE: VZ) is one of the world's leading providers of communications, technology, information and streaming products and services to consumers, businesses and government entities. The company operates through two primary reportable segments: Verizon Consumer Group and Verizon Business… From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Verizon does
In the company’s own words
Verizon Communications Inc. (NYSE: VZ) is one of the world's leading providers of communications, technology, information and streaming products and services to consumers, businesses and government entities. The company operates through two primary reportable segments: Verizon Consumer Group and Verizon Business Group. The Consumer segment generated approximately 77 percent of consolidated revenues in 2025 and provides wireless and wireline communications services across an extensive network covering 31 U.S. states and Washington D.C. The Business segment contributed approximately 21 percent of revenues and serves enterprises, public sector customers and carriers globally with mobility services, broadband, IoT connectivity solutions, and managed network services.
As of December 31, 2025, Verizon operated an award-winning national wireless network serving approximately 147 million wireless retail connections and an extensive broadband network covering approximately 14 million connections. The Consumer segment maintained approximately 116 million wireless retail connections, including 83 percent postpaid connections, along with 11 million total broadband connections and 2 million Fios video connections. The Business segment served approximately 31 million wireless retail postpaid connections and 3 million broadband connections. The company operates one of the largest global fiber-optic networks, providing connectivity to business customers in more than 180 countries.
Verizon employs approximately 89,900 full-time equivalent employees, with 89 percent based in the United States. The company maintains a comprehensive portfolio of spectrum holdings including C-Band and millimeter wave spectrum, and operates advanced networks leveraging 5G wireless, fiber-based transport, cloud infrastructures, artificial intelligence and automation. Recent strategic acquisitions include Frontier Communications Parent, Inc., completed in January 2026, which expanded the fiber broadband footprint, and Starry Group Holdings, Inc., also completed in January 2026, enhancing fixed wireless broadband capabilities in multi-dwelling units and urban communities.
The company's website is https://www.verizon.com/about/investors. Verizon competes in highly competitive telecommunications markets against national wireless providers, cable companies, satellite providers and emerging technology companies, with competitive advantages rooted in network reliability, extensive infrastructure, brand recognition and integrated service offerings across wireless, broadband and enterprise solutions.
Company details
- Sector
- Communication Services
- Industry (SIC)
- Telecommunications
- Headquarters
- NEW YORK, NY
- Fiscal year end
- December
- CIK
- 732712
- SIC
- 4813
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Verizon — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Superinvestors in Verizon · what they did last quarter
Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.
Largest fund holders · Verizon’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Verizon’s bonds, as funds hold them
Funds report holding 85 issues of Verizon’s debt, $12.16B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.12%, maturing 2027 to 2065.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
Compare this company with peers, find it in your funds and follow its financial history with your connected AI:
- “How do Verizon and its peers compare on margins and cash generation over ten years?”
- “Where did five years of Verizon's earnings go — cash, debt, buybacks, reinvestment?”
- “What changed in Verizon's last four quarterly filings that the numbers alone won't show?”
