Verizon Communications (VZ) Revenue — Quarter Ended Dec 31, 2024
Revenue increased in the quarter, driven by growth in wireless and broadband services.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue increased in the quarter, driven by growth in wireless and broadband services.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$35.7B
Revenue reported for this quarter.
Quarter-over-quarter
+7.1%
Change from the immediately preceding quarter.
Year-over-year
+1.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$134.8B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2024 | $33B | +0.2% |
| Jun 30, 2024 | $32.8B | +0.6% |
| Sep 30, 2024 | $33.3B | -0.0% |
| Dec 31, 2024 | $35.7B | +1.6% |
Revenue performance
Revenue for the quarter was higher than the previous quarter and the same quarter last year.
Quarterly comparison
Compared to the immediate prior quarter, revenue showed a notable increase. On a year-over-year basis, revenue also improved.
What to watch
Monitor the progress of the fiber network expansion and the Frontier acquisition for potential impact on revenue.