Verizon Cost of Goods Sold 2010-2024 | VZ
Verizon annual/quarterly cost of goods sold history and growth rate from 2010 to 2024. Cost of goods sold can be defined as the difference between beginning and ending inventories for tangible products resulting in an expense that reflects production and sales costs.
- Verizon cost of goods sold for the quarter ending June 30, 2024 was $12.471B, a 2.3% decline year-over-year.
- Verizon cost of goods sold for the twelve months ending June 30, 2024 was $53.962B, a 4.71% decline year-over-year.
- Verizon annual cost of goods sold for 2023 was $54.887B, a 7.18% decline from 2022.
- Verizon annual cost of goods sold for 2022 was $59.133B, a 5.03% increase from 2021.
- Verizon annual cost of goods sold for 2021 was $56.301B, a 9.96% increase from 2020.
Verizon Annual Cost of Goods Sold
(Millions of US $) |
| 2023 |
$54,887 |
| 2022 |
$59,133 |
| 2021 |
$56,301 |
| 2020 |
$51,201 |
| 2019 |
$54,726 |
| 2018 |
$55,508 |
| 2017 |
$53,063 |
| 2016 |
$52,701 |
| 2015 |
$52,557 |
| 2014 |
$49,931 |
| 2013 |
$44,887 |
| 2012 |
$46,275 |
| 2011 |
$45,875 |
| 2010 |
$44,149 |
| 2009 |
$44,579 |
Verizon Quarterly Cost of Goods Sold
(Millions of US $) |
| 2024-06-30 |
$12,471 |
| 2024-03-31 |
$12,872 |
| 2023-12-31 |
$15,182 |
| 2023-09-30 |
$13,437 |
| 2023-06-30 |
$12,764 |
| 2023-03-31 |
$13,504 |
| 2022-12-31 |
$15,762 |
| 2022-09-30 |
$14,601 |
| 2022-06-30 |
$14,420 |
| 2022-03-31 |
$14,350 |
| 2021-12-31 |
$14,996 |
| 2021-09-30 |
$13,528 |
| 2021-06-30 |
$14,255 |
| 2021-03-31 |
$13,522 |
| 2020-12-31 |
$14,822 |
| 2020-09-30 |
$12,334 |
| 2020-06-30 |
$11,749 |
| 2020-03-31 |
$12,296 |
| 2019-12-31 |
$15,631 |
| 2019-09-30 |
$13,384 |
| 2019-06-30 |
$12,721 |
| 2019-03-31 |
$12,990 |
| 2018-12-31 |
$15,291 |
| 2018-09-30 |
$13,331 |
| 2018-06-30 |
$13,631 |
| 2018-03-31 |
$13,255 |
| 2017-12-31 |
$15,558 |
| 2017-09-30 |
$12,974 |
| 2017-06-30 |
$12,484 |
| 2017-03-31 |
$12,047 |
| 2016-12-31 |
$15,639 |
| 2016-09-30 |
$12,229 |
| 2016-06-30 |
$12,221 |
| 2016-03-31 |
$12,612 |
| 2015-12-31 |
$14,707 |
| 2015-09-30 |
$13,305 |
| 2015-06-30 |
$12,449 |
| 2015-03-31 |
$12,096 |
| 2014-12-31 |
$14,403 |
| 2014-09-30 |
$12,252 |
| 2014-06-30 |
$12,087 |
| 2014-03-31 |
$11,189 |
| 2013-12-31 |
$11,962 |
| 2013-09-30 |
$10,960 |
| 2013-06-30 |
$11,033 |
| 2013-03-31 |
$10,932 |
| 2012-12-31 |
$13,069 |
| 2012-09-30 |
$10,991 |
| 2012-06-30 |
$10,896 |
| 2012-03-31 |
$11,319 |
| 2011-12-31 |
$12,090 |
| 2011-09-30 |
$11,398 |
| 2011-06-30 |
$11,158 |
| 2011-03-31 |
$11,229 |
| 2010-12-31 |
$10,610 |
| 2010-09-30 |
$10,671 |
| 2010-06-30 |
$12,216 |
| 2010-03-31 |
$10,652 |
| 2009-12-31 |
$12,794 |
| 2009-09-30 |
$10,996 |
| 2009-06-30 |
$10,481 |
| 2009-03-31 |
$10,308 |
| Sector |
Industry |
Market Cap |
Revenue |
| Computer and Technology |
Wireless - National Providers |
$184.714B |
$133.974B |
|
Verizon Communications Inc. offers communication services in the form of local phone service, long distance, wireless and data services. In Jan 2006, Verizon completed its merger with MCI Corporation, a leader in long distance and data networking. With the acquisition of Alltel Wireless Corp. in early 2009, Verizon has surpassed AT&T Inc. as the largest wireless carrier in the North America, serving millions of customers nationwide.Verizon has teamed up with Amazon Web Services to create and deploy low latency applications to mobile devices using 5G and became the first telecom carrier in the world to offer such service. The company has launched a free consumer search engine dubbed OneSearch with enhanced privacy options to add a new dimension to the search ecosystem. It has also announced a pricing breakthrough in the cable industry with the launch of Mix & Match on its FiOS platform, enabling viewers to combine TV with Internet plans effectively without any hidden charges and annual contracts.
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