Verizon Communications's Revenue by Segment
In fiscal year 2024, Verizon Communications's revenue by segment (products & services) are as follows:
- Corporate And Other: $2.61 B
- Verizon Business Group: $29.53 B
- Verizon Consumer Group: $102.90 B
Learn more about Verizon Communications’s Revenue by Geography
Check out competitors to Verizon Communications in a side-by-side comparison.
Explore additional financial metrics for Verizon Communications.
Verizon Communications's Revenue Share by Segment
| Corporate And Other | 2510000000 |
|---|---|
| Verizon Business Group | 31072000000 |
| Verizon Consumer Group | 103506000000 |
| Corporate And Other | 2479000000 |
|---|---|
| Verizon Business Group | 30122000000 |
| Verizon Consumer Group | 101626000000 |
| Corporate And Other | 2609000000 |
|---|---|
| Verizon Business Group | 29531000000 |
| Verizon Consumer Group | 102904000000 |
The above chart shows Verizon Communications's revenue percentage share by segment (products and services).
In fiscal year 2022, Verizon Communications's revenue by segment is as follows:
- Corporate And Other generated $2.51 B in revenue, representing 1.83% of its total revenue.
- Verizon Business Group generated $31.07 B in revenue, representing 22.67% of its total revenue.
- Verizon Consumer Group generated $103.51 B in revenue, representing 75.5% of its total revenue.
The biggest segment for Verizon Communications is the Verizon Consumer Group, which represents 75.5% of its total revenue.
The smallest segment for Verizon Communications is the Corporate And Other, which represents 1.83% of its total revenue.
The above chart shows Verizon Communications's revenue percentage share by segment (products and services).
In fiscal year 2023, Verizon Communications's revenue by segment is as follows:
- Corporate And Other generated $2.48 B in revenue, representing 1.85% of its total revenue.
- Verizon Business Group generated $30.12 B in revenue, representing 22.44% of its total revenue.
- Verizon Consumer Group generated $101.63 B in revenue, representing 75.71% of its total revenue.
The biggest segment for Verizon Communications is the Verizon Consumer Group, which represents 75.71% of its total revenue.
The smallest segment for Verizon Communications is the Corporate And Other, which represents 1.85% of its total revenue.
The above chart shows Verizon Communications's revenue percentage share by segment (products and services).
In fiscal year 2024, Verizon Communications's revenue by segment is as follows:
- Corporate And Other generated $2.61 B in revenue, representing 1.93% of its total revenue.
- Verizon Business Group generated $29.53 B in revenue, representing 21.87% of its total revenue.
- Verizon Consumer Group generated $102.90 B in revenue, representing 76.2% of its total revenue.
The biggest segment for Verizon Communications is the Verizon Consumer Group, which represents 76.2% of its total revenue.
The smallest segment for Verizon Communications is the Corporate And Other, which represents 1.93% of its total revenue.
Summary Table
| Products & Services (Percent Share) | 2022 | 2023 | 2024 |
|---|---|---|---|
| Verizon Business Group | 22.67% | 22.44% | 21.87% |
| Verizon Consumer Group | 75.5% | 75.71% | 76.2% |
| Corporate And Other | 1.83% | 1.85% | 1.93% |
| Total Revenue | 100% | 100% | 100% |
Verizon Communications's Segments Revenue Trend
The above chart shows the revenue trend of different segments of Verizon Communications.
In fiscal year 2024, the Verizon Consumer Group generated the most revenue ($102.90 B), and the Corporate And Other generated the least revenue ($2.61 B).
Verizon Communications's Revenue Growth Drivers
The above chart shows growth drivers and a year-over-year comparison of different segments' revenue.
Summary Table
| Products & Services | 2022 | 2023 | 2024 |
|---|---|---|---|
| Corporate And Other | $2.51 B - |
$2.48 B
1.24%
|
$2.61 B
5.24%
|
| Verizon Business Group | $31.07 B - |
$30.12 B
3.06%
|
$29.53 B
1.96%
|
| Verizon Consumer Group | $103.51 B - |
$101.63 B
1.82%
|
$102.90 B
1.26%
|
| Total Revenue | $137.09 B - |
$134.23 B
2.09%
|
$135.04 B
0.61%
|
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