Business Segments Verizon Communications, Inc.

Equities

Real-time Estimate Cboe BZX Other stock markets 14:41:33 14/05/2026 BST			5-day change	1st Jan Change
47.30 ^USD	+0.20%		-0.48%	+15.91%

12:58pm	Cell Carriers Team Up to Boost Coverage Across the U.S.	DJ
12:53pm	AT&T, T-Mobile, Verizon Plan Joint Venture to Tackle Wireless Dead Zones	MT

Breakdown by Business Segment (USD)

Fiscal Period: December	2021	2022	2023	2024	2025
Cellular Services
Consumer	95.3B	104B	102B	103B	107B
EBITDA	41.63B	41.56B	42.09B	43.04B	43.8B
D&A	11.68B	12.72B	13.08B	13.55B	14.17B
Operating Income	29.96B	28.85B	29.01B	29.48B	29.63B
Local Telecommunications Services
Business	31.04B	31.07B	30.12B	29.53B	29.07B
EBITDA	7.52B	6.94B	6.55B	6.36B	6.64B
D&A	4.08B	4.31B	4.49B	4.31B	4.11B
Operating Income	3.44B	2.63B	2.07B	2.06B	2.53B
Broadcast Advertising
Corporate and Other	7.72B	2.51B	2.48B	2.61B	2.64B
Total Assets	-	-	-	-	-
Operating Income	-449M	-319M	-643M	-610M	-480M
Unallocated Operating Results from Divested Businesses	-	-	-	-	-
Operating Income	-	-	-	-	-
Eliminations	-451M	-253M	-253M	-256M	-327M
Total Assets	-	-	-	-	-
Broadband Telecommunications Services
Wireless	-	-	-	-	-
Total Assets	-	-	-	-	-
CAPEX	-	-	-	-	-
EBITDA	-	-	-	-	-
D&A	-	-	-	-	-
Operating Income	-	-	-	-	-
Infrastructure Services
CAPEX	-	-	-	-	-
Long Distance Telecommunications Services
Wireline	-	-	-	-	-
Total Assets	-	-	-	-	-
CAPEX	-	-	-	-	-
EBITDA	-	-	-	-	-
D&A	-	-	-	-	-
Operating Income	-	-	-	-	-

Geographical breakdown of sales (USD)

Fiscal Period: December	2021	2022	2023	2024	2025
United States	134B	137B	134B	135B	138B
Total Assets	367B	380B	380B	385B	404B
Interest Expense	-3.48B	-3.61B	-5.52B	-6.65B	-6.69B
Income Tax Expense	6.8B	6.52B	4.89B	5.03B	5.06B
D&A	16.21B	17.1B	17.6B	17.89B	18.35B
CAPEX	-67.88B	-26.74B	-18.77B	-17.09B	-17.01B
Net Income	22.06B	21.26B	11.61B	17.51B	17.17B
EBT	29.42B	28.27B	16.99B	22.98B	22.67B
Operating Income	32.45B	30.47B	22.88B	28.69B	29.26B