Verizon Communications (VZ) Revenue — Quarter Ended Mar 31, 2025
Revenue for the quarter increased year-over-year but decreased sequentially. The year-over-year growth was accompanied by higher service and wireless equipment revenue.
Key takeaway
Quarter ended Mar 31, 2025 · FY2025 Q1
Revenue for the quarter increased year-over-year but decreased sequentially. The year-over-year growth was accompanied by higher service and wireless equipment revenue.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$33.5B
Revenue reported for this quarter.
Quarter-over-quarter
-6.2%
Change from the immediately preceding quarter.
Year-over-year
+1.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$135.3B
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 |
|---|---|---|
| Jun 30, 2024 | $32.8B | +0.6% |
| Sep 30, 2024 | $33.3B | -0.0% |
| Dec 31, 2024 | $35.7B | +1.6% |
| Mar 31, 2025 | $33.5B | +1.5% |
Revenue performance
The quarter's revenue declined from the prior quarter, ending a period of sequential growth, but remained above the level of the same quarter a year ago.
Quarterly comparison
Compared to the immediately preceding quarter, revenue decreased. Compared to the same quarter one year earlier, revenue increased.
What to watch
The magnitude of the sequential decline, given the prior quarter's strength, is a key point to monitor in upcoming reports.