Verizon
Telecommunications · United States
Verizon sells mobile plans, phones, fiber and fixed wireless home internet to U.S. consumers, and connectivity and security services to businesses and governments.
What makes it different
Verizon sells phones for less than they cost.
$29.0BCost of wireless equipmentFY2025
The loss on devices is the price of winning customers who then pay monthly service fees.
How big it is
How big is Verizon?
$138.2BRevenueFY2025
146.9MWireless connections2025
89,900Employees2025
How it makes money FY2025
Mostly consumers.
- Consumer79%$106.8B
- Business21%$29.1B
How the business works
Own the network, rent it many ways.
- 1Spectrum, towers and fiber
- 2Mobile, home internet, perks
- 3Network access to resellers
The same network earns from Verizon's own customers and from rival brands that resell its capacity.
Who owns it
- The Vanguard Group8.4%
- BlackRock, Inc.8.3%
- State Street Corporation5.2%
CEO: Daniel Schulman
Who it competes with
Key moments
- 2000Bell Atlantic and GTE merge to create Verizon
- 2009Alltel acquired
- 2014Verizon buys out Vodafone's 45% of Verizon Wireless
- 20185G Home launched
- 2021Verizon Media sold to Apollo
Sources
Every number on this page comes from Verizon's own reports.
Full profile
The rest of the story is in the app.
What Verizon tracks32 metrics
Wireless retail connections
Wireless retail postpaid phone connections
Total broadband connections
Results, quarter by quarterwith a chart
Revenue
Profit
Margin
The full timeline8 moments
2015
2026
Verizon vs Comcastside by side
Revenue
Profit
People
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