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Verizon Communications Inc (VZ) |
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Verizon Communications Inc Income Statement Quarterly
VZ
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Select the Financial Report: |
Period: |
Fiscal Year: |
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INCOME STATEMENT
(Quarterly GAAP In millions $) |
(Jun 30 2024)
II. Quarter |
(Mar 31 2024)
I. Quarter |
(Dec 31 2023)
IV. Quarter |
(Sep 30 2023)
III. Quarter |
(Jun 30 2023)
II. Quarter |
| Total Revenue |
32,796.00 |
32,981.00 |
35,130.00 |
33,336.00 |
32,596.00 |
| Cost of Goods and Services Sold |
5,567.00 |
5,905.00 |
8,230.00 |
6,353.00 |
5,778.00 |
| Gross
Profit |
27,229.00 |
27,076.00 |
26,900.00 |
26,983.00 |
26,818.00 |
| Selling, Administration, Marketing |
8,024.00 |
8,143.00 |
8,991.00 |
7,995.00 |
8,253.00 |
| Depriciation & Amortization |
4,483.00 |
4,445.00 |
4,516.00 |
4,431.00 |
4,359.00 |
| Research & development |
- |
- |
- |
- |
- |
| Goodwill, Impairment Loss |
- |
- |
5,841.00 |
- |
- |
| Other exp. /-income |
6,904.00 |
6,967.00 |
6,952.00 |
7,084.00 |
6,986.00 |
| Sales of assets net |
- |
- |
- |
- |
- |
| Total operating costs including COS |
24,978.00 |
25,460.00 |
34,530.00 |
25,863.00 |
25,376.00 |
| Operating income/-loss
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7,818.00 |
7,521.00 |
600.00 |
7,473.00 |
7,220.00 |
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Other Deductions / - Income |
| Interest expense |
1,698.00 |
1,635.00 |
1,599.00 |
1,433.00 |
1,285.00 |
| Interest income |
- |
- |
- |
- |
- |
| Net interest expense/-income |
1,698.00 |
1,635.00 |
1,599.00 |
1,433.00 |
1,285.00 |
| Loss (Income) from Equity Method Investments |
-14.00 |
-9.00 |
7.00 |
-18.00 |
-33.00 |
| Income from affiliates |
- |
- |
- |
- |
- |
| Minority interest |
- |
- |
- |
- |
- |
| Financing Loss/ -Income |
- |
- |
- |
- |
- |
| Other loss/ -income |
100.00 |
-180.00 |
811.00 |
-134.00 |
-144.00 |
| Total costs & expenses |
26,762.00 |
26,906.00 |
36,947.00 |
27,144.00 |
26,484.00 |
| Income /-loss before income taxes |
6,034.00 |
6,075.00 |
-1,817.00 |
6,192.00 |
6,112.00 |
| Income taxes expenses/-benefit |
1,332.00 |
1,353.00 |
756.00 |
1,308.00 |
1,346.00 |
| Income after income taxes |
4,702.00 |
4,722.00 |
-2,573.00 |
4,884.00 |
4,766.00 |
| Net income/-loss
of other equity |
- |
- |
- |
- |
- |
| Income/-loss
from cont. Ops. |
4,702.00 |
4,722.00 |
-2,573.00 |
4,884.00 |
4,766.00 |
| Accounting change |
- |
- |
- |
- |
- |
| Discontinued operations |
- |
- |
- |
- |
- |
| Extraordinary items |
- |
- |
- |
- |
- |
| Net Income/-loss |
4,702.00 |
4,722.00 |
-2,573.00 |
4,884.00 |
4,766.00 |
| Noncontrolling interests |
109.00 |
120.00 |
132.00 |
122.00 |
118.00 |
| Prefered dividends |
- |
- |
- |
- |
- |
| Other |
- |
- |
- |
- |
- |
| Income/-loss to shareholder |
4,593.00 |
4,602.00 |
-2,705.00 |
4,762.00 |
4,648.00 |
| EBIT |
7,732.00 |
7,710.00 |
-218.00 |
7,625.00 |
7,397.00 |
| EBITD |
12,215.00 |
12,155.00 |
4,298.00 |
12,056.00 |
11,756.00 |
| EBITDA |
12,215.00 |
12,155.00 |
4,298.00 |
12,056.00 |
11,756.00 |
| Per
Share (GAAP Quarterly, in $) |
(Jun 30 2024)
II. Quarter |
(Mar 31 2024)
I. Quarter |
(Dec 31 2023)
IV. Quarter |
(Sep 30 2023)
III. Quarter |
(Jun 30 2023)
II. Quarter |
| Basic EPS (excl. extra
items) |
1.09 |
1.09 |
-0.64 |
1.13 |
1.10 |
| Extraordinary items |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Basic Net EPS |
1.09 |
1.09 |
-0.64 |
1.13 |
1.10 |
| Basic shares outstanding (Mill.
of Units) |
4,215.00 |
4,215.00 |
4,216.00 |
4,213.00 |
4,208.00 |
| EPS other shares |
- |
- |
- |
- |
- |
| Diluted Net EPS |
1.09 |
1.09 |
-0.64 |
1.13 |
1.10 |
| Diluted average shares (Mill.
of Units) |
4,221.00 |
4,219.00 |
4,223.27 |
4,216.00 |
4,213.00 |
| Dividend per share |
0.664 |
0.663 |
0.662 |
0.651 |
0.651 |
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