Verizon Communications Inc
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of Verizon Communications Inc (VZ). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Consumer | $103.51B 76.9% | $101.63B 77.1% · -1.8% | $102.90B 77.7% · +1.3% | $106.81B 78.6% · +3.8% |
| Business | $31.07B 23.1% | $30.12B 22.9% · -3.1% | $29.53B 22.3% · -2.0% | $29.07B 21.4% · -1.6% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
| Segment | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Consumer | $28.85B 27.9% | $29.01B 28.5% | $29.48B 28.7% | $29.63B 27.7% |
| Business | $2.63B 8.5% | $2.07B 6.9% | $2.06B 7.0% | $2.53B 8.7% |
Large figure: segment operating income. Below it the margin, that is operating income measured against the revenue of the same segment.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 7, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.