Verizon Operating Expenses 2010-2024 | VZ
Verizon annual/quarterly operating expenses history and growth rate from 2010 to 2024. Operating expenses can be defined as the sum of all operating expenses for the given industry.
- Verizon operating expenses for the quarter ending September 30, 2024 were $27.404B, a 5.96% increase year-over-year.
- Verizon operating expenses for the twelve months ending September 30, 2024 were $112.372B, a 7.44% increase year-over-year.
- Verizon annual operating expenses for 2023 were $111.097B, a 4.45% increase from 2022.
- Verizon annual operating expenses for 2022 were $106.368B, a 5.14% increase from 2021.
- Verizon annual operating expenses for 2021 were $101.165B, a 1.68% increase from 2020.
Verizon Annual Operating Expenses (Millions of US $) |
2023 |
$111,097 |
2022 |
$106,368 |
2021 |
$101,165 |
2020 |
$99,494 |
2019 |
$101,490 |
2018 |
$108,585 |
2017 |
$98,609 |
2016 |
$96,731 |
2015 |
$98,560 |
2014 |
$107,480 |
2013 |
$88,582 |
2012 |
$102,686 |
2011 |
$97,995 |
2010 |
$91,920 |
2009 |
$91,830 |
Verizon Quarterly Operating Expenses (Millions of US $) |
2024-09-30 |
$27,404 |
2024-06-30 |
$24,978 |
2024-03-31 |
$25,460 |
2023-12-31 |
$34,530 |
2023-09-30 |
$25,863 |
2023-06-30 |
$25,376 |
2023-03-31 |
$25,328 |
2022-12-31 |
$28,026 |
2022-09-30 |
$26,347 |
2022-06-30 |
$26,237 |
2022-03-31 |
$25,758 |
2021-12-31 |
$26,459 |
2021-09-30 |
$24,010 |
2021-06-30 |
$25,599 |
2021-03-31 |
$25,097 |
2020-12-31 |
$27,512 |
2020-09-30 |
$23,865 |
2020-06-30 |
$23,086 |
2020-03-31 |
$25,031 |
2019-12-31 |
$28,136 |
2019-09-30 |
$24,714 |
2019-06-30 |
$24,221 |
2019-03-31 |
$24,419 |
2018-12-31 |
$33,644 |
2018-09-30 |
$24,932 |
2018-06-30 |
$25,586 |
2018-03-31 |
$24,423 |
2017-12-31 |
$28,494 |
2017-09-30 |
$24,729 |
2017-06-30 |
$22,534 |
2017-03-31 |
$22,852 |
2016-12-31 |
$22,127 |
2016-09-30 |
$24,397 |
2016-06-30 |
$25,978 |
2016-03-31 |
$24,229 |
2015-12-31 |
$24,510 |
2015-09-30 |
$25,623 |
2015-06-30 |
$24,403 |
2015-03-31 |
$24,024 |
2014-12-31 |
$35,328 |
2014-09-30 |
$24,696 |
2014-06-30 |
$23,798 |
2014-03-31 |
$23,658 |
2013-12-31 |
$19,002 |
2013-09-30 |
$23,151 |
2013-06-30 |
$23,231 |
2013-03-31 |
$23,198 |
2012-12-31 |
$33,214 |
2012-09-30 |
$23,524 |
2012-06-30 |
$22,901 |
2012-03-31 |
$23,047 |
2011-12-31 |
$29,548 |
2011-09-30 |
$23,266 |
2011-06-30 |
$22,644 |
2011-03-31 |
$22,537 |
2010-12-31 |
$19,984 |
2010-09-30 |
$23,101 |
2010-06-30 |
$26,363 |
2010-03-31 |
$22,472 |
2009-12-31 |
$24,211 |
2009-09-30 |
$23,279 |
2009-06-30 |
$22,443 |
2009-03-31 |
$21,897 |
Sector |
Industry |
Market Cap |
Revenue |
Computer and Technology |
Wireless - National Providers |
$176.510B |
$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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