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Verizon Communications Inc (VZ) |
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VZ's Revenue Growth by Quarter and Year
Verizon Communications Inc 's Revenue results by quarter and year
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Select the Comparisons :
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Select the Ratio:
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| VZ Revenue (in millions $) |
FY 2023 |
FY 2022 |
FY 2021 |
FY 2020 |
| IV Quarter |
December |
-
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35,251.00
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32,915.00
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30,447.00
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| III Quarter |
September |
-
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34,241.00
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33,764.00
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31,610.00
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| II Quarter |
June |
32,596.00
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33,789.00
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32,867.00
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32,894.00
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| I Quarter |
March |
32,912.00
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33,554.00
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31,543.00
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32,071.00
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| FY |
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65,508.00
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136,835.00
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131,089.00
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127,022.00
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| VZ Revenue second quarter 2023 Y/Y Growth Comment |
Verizon Communications Inc reported decrease in Revenue in the second quarter 2023 by -3.53% to $ 32,596.00 millions, from the same quarter in 2022.
The decrease in the second quarter 2023 Verizon Communications Inc 's Revenue compares unfavorably to the Company's average Revenue growth of 3.85%.
Looking into second quarter 2023 results within Communications Services industry 22 other companies have achieved higher Revenue growth. While Verizon Communications Inc ' s Revenue decline of -3.53% ranks overall at the positon no. 2547 in the second quarter 2023.
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| VZ Revenue ( Y/Y Growth %) |
2023
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2022 |
2021 |
2020 |
| IV Quarter |
December |
- |
7.1 % |
8.11 % |
-5.23 % |
| III Quarter |
September |
- |
1.41 % |
6.81 % |
-7.79 % |
| II Quarter |
June |
-3.53 % |
2.81 % |
-0.08 % |
0.88 % |
| I Quarter |
March |
-1.91 % |
6.38 % |
-1.65 % |
-0.41 % |
| FY |
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- |
4.38 % |
3.2 % |
-3.2 % |
VZ Revenue (Quarter on Quarter Growth %) |
2023
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2022 |
2021 |
2020 |
| IV Quarter |
December |
- |
2.95 % |
-2.51 % |
-3.68 % |
| III Quarter |
September |
- |
1.34 % |
2.73 % |
-3.9 % |
| II Quarter |
June |
-0.96 % |
0.7 % |
4.2 % |
2.57 % |
| I Quarter |
March |
-6.64 % |
1.94 % |
3.6 % |
-0.18 % |
| FY (Year on Year) |
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- |
4.38 % |
3.2 % |
-3.2 % |
| Revenue Y/Y Growth Statistics |
| High |
Average |
Low |
| 25.79 % |
3.85 % |
-7.33 % |
| (Sep. 30, 2006) |
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| Revenue Y/Y Growth Statistics |
| High |
Average |
Low |
| 25.79 % |
3.85 % |
-7.33 % |
| (Sep. 30, 2006) |
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| Revenue by Quarter for the Fiscal Years 2020, 2021, 2022, 2023 |
Verizon Communications Inc 's Q/Q Revenue Growth
| Revenue Q/Q Growth Statistics |
| High |
Average |
Low |
| 9.86 % |
0.92 % |
-7.81 % |
| (March 31, 2006) |
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| VZ's II. Quarter Q/Q Revenue Comment |
In the II. Quarter 2023 Verizon Communications Inc reported decrease in Revenue sequentially by -0.96% to $ 32,596.00 millions, from $ 32,912.00 millions released in the previous quarter.
Even periodic influence were not able to rescue the II. Quarter for the Verizon Communications Inc , Hunter E. Wilson, a business advisor pointed out, he identified additional headwinds onward for VZ and wrote that average sequential Revenue growth is at 0.92% for VZ.
Within Communications Services industry 2 other companies have achieved higher Revenue quarter on quarter growth. While Verizon Communications Inc 's Revenue growth quarter on quarter, overall rank is 352. |
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| Revenue Q/Q Growth Statistics |
| High |
Average |
Low |
| 9.86 % |
0.92 % |
-7.81 % |
| (March 31, 2006) |
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| VZ's II. Quarter Q/Q Revenue Comment |
In the II. Quarter 2023 Verizon Communications Inc disclosed decrease in Revenue from the first quarter by -0.96% to $ 32,596.00 millions, from $ 32,912.00 millions released a quarter before.
Some cyclical factors have not rescue the II. Quarter for the Verizon Communications Inc , Hunter E. Wilson, a business advisor said.
Within Communications Services industry 2 other companies have achieved higher Revenue quarter on quarter growth. While Verizon Communications Inc 's Revenue growth quarter on quarter, overall rank is 352. |
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Verizon Communications Inc 's 12 Months Revenue Growth Year on Year
Revenue TTM Growth |
12 Months Ending
(Jun 30 2023) |
12 Months Ending
(Mar 31 2023) |
12 Months Ending
(Dec 31 2022) |
12 Months Ending
(Sep 30 2022) |
12 Months Ending
(Jun 30 2022) |
| Cumulative Revenue 12 Months Ending |
$ 135,000.00 |
$ 136,193.00 |
$ 136,835.00 |
$ 134,499.00 |
$ 134,022.00 |
| Y / Y Revenue Growth (TTM) |
0.73 % |
2.32 % |
4.38 % |
4.57 % |
5.97 % |
| Year on Year Revenue Growth Overall
Ranking |
# 1910 |
# 286 |
# 2351 |
# 193 |
# 2369 |
| Seqeuential Revenue Change (TTM) |
-0.88 % |
-0.47 % |
1.74 % |
0.36 % |
0.69 % |
| Seq. Revenue Growth (TTM) Overall
Ranking |
# 2452 |
# 2485 |
# 2621 |
# 2468 |
# 2495 |
| Cumulative Revenue growth
Comment |
With the quarterly Revenue reported in the Jun 30 2023 period, Verizon Communications Inc 's cumulative twelve months Revenue were $ 135,000 millions, company would post below average annual Revenue growth of 0.69% year on year, if the fiscal year would end at Jun 30 2023.
A slow-down in the Verizon Communications Inc 's Revenue growth from the 133100% growth in Mar 31 2023.
In the Services sector 269 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 286 to 1910. |
| Revenue TTM Q/Q Growth Statistics |
| High |
Average |
Low |
80.67 % |
5.83 % |
-6.21 % |
| (March 31, 2014) |
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| Revenue TTM Y/Y Growth Statistics |
| High |
Average |
Low |
80.67 % |
5.83 % |
-6.21 % |
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| Revenue TTM Q/Q Growth Company Ranking |
| Within: |
No. |
| Industry |
# 18 |
| Sector |
# 339 |
| S&P 500 |
# 2444 |
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| Cumulative Revenue growth
Comment |
With the quarterly Revenue reported in the Jun 30 2023 period, Verizon Communications Inc 's cumulative twelve months Revenue were $ 135,000 millions, company would post below average annual Revenue growth of -6.21% year on year, if the fiscal year would end at Jun 30 2023.
A slow-down in the Verizon Communications Inc 's Revenue growth from the 133100% growth in Mar 31 2023.
In the Services sector 269 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 286 to 1910. |
| Revenue TTM Q/Q Growth Statistics |
| High |
Average |
Low |
80.67 % |
5.83 % |
-6.21 % |
| (March 31, 2014) |
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| Revenue TTM Y/Y Growth Statistics |
| High |
Average |
Low |
80.67 % |
5.83 % |
-6.21 % |
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| Revenue TTM Q/Q Growth Company Ranking |
| Within: |
No. |
| Industry |
# 18 |
| Sector |
# 339 |
| S&P 500 |
# 2444 |
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