Verizon Communications Cost of Revenue 2011-2026 | VZ

Cost of Revenue is a financial metric that reflects all direct costs associated with the production of goods or the provision of services that directly led to revenue during the reporting period. It is the total amount of expenses incurred by the company to deliver its products or services, including both production costs and related expenses necessary for delivery or customer support.

What is included in the cost of revenue

Cost Category	Examples
Production Costs	Materials, wages of production staff, depreciation of equipment
Service and Support	Customer service, user support, technical assistance
Delivery and Logistics	Packaging, delivery of goods to customers
Hosting and Infrastructure	Servers, cloud platforms (especially for IT and SaaS companies)
Content and Licenses	License purchases, production royalties (e.g., in streaming services)

Importance of the Metric

Helps to understand how costly the revenue-generating process is.
A high cost of revenue may indicate:
Poor cost control
Low operational efficiency
A low cost of revenue combined with high revenue indicates high profitability and business competitiveness.

Annual Cost of Revenue Verizon Communications

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
-	-	-	-	-	-	-	-	-	-	-	49.9 B	44.9 B	46.3 B	45.9 B

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
49.9 B	44.9 B	46.7 B

Quarterly Cost of Revenue Verizon Communications

2025-Q2	2025-Q1	2024-Q3	2024-Q2	2024-Q1	2023-Q3	2023-Q2	2023-Q1	2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12.1 B	-	12.3 B	12.1 B	11.2 B	-	11 B	11 B	10.9 B	-	11 B	10.9 B	11.3 B	-	11.4 B	11.2 B	11.2 B

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
12.3 B	10.9 B	11.3 B

Cost of Revenue of other stocks in the Telecom industry

Issuer	Cost of Revenue	Price	% 24h	Market Cap	Country
Lumen Technologies LUMN	6.64 B	$ 6.79	-2.79 %	$ 6.75 B	USA
Altice USA ATUS	2.64 B	-	1.13 %	$ 823 M	USA
Ooma OOMA	101 M	$ 14.31	0.42 %	$ 382 M	USA
PLDT PHI	13.3 B	$ 21.36	-0.12 %	$ 4.59 B	Philippines
América Móvil, S.A.B. de C.V. AMOV	341 B	-	-1.1 %	$ 63.6 B	Mexico
Shaw Communications SJR	3.02 B	-	0.9 %	$ 20.2 B	Canada
Shenandoah Telecommunications Company SHEN	130 M	$ 14.95	1.22 %	$ 824 M	USA
Spok Holdings SPOK	28.4 M	$ 11.17	0.31 %	$ 226 M	USA
Liberty Latin America Ltd. LILA	976 M	$ 8.34	-0.95 %	$ 1.66 B	USA
AT&T T	60.6 B	$ 28.99	0.5 %	$ 208 B	USA
Telephone and Data Systems TDS	2.23 B	$ 43.1	-	$ 4.96 B	USA
Millicom International Cellular S.A. TIGO	1.3 B	$ 73.95	-3.9 %	$ 1.56 B	Luxembourg
TIM S.A. TIMB	8.44 B	$ 25.76	-1.77 %	$ 36.4 M	-
T-Mobile US TMUS	2.93 B	$ 212.84	0.7 %	$ 240 B	USA
Cogent Communications Holdings CCOI	535 M	$ 17.8	-2.94 %	$ 853 M	USA
TELUS Corporation TU	2.2 B	$ 12.85	-0.62 %	$ 22.7 B	Canada
uCloudlink Group UCL	47.3 M	$ 1.38	1.14 %	$ 519 M	China
COMSovereign Holding Corp. COMS	6.5 M	-	-6.35 %	$ 41.2 K	USA
Cuentas CUEN	751 K	-	-54.3 %	$ 1.24 M	USA
Vodafone Group Plc VOD	30.1 B	$ 14.72	-	$ 270 B	Britain
BCE BCE	7.29 B	$ 25.41	-0.31 %	$ 36.9 B	Canada
Vonage Holdings Corp. VG	511 M	$ 16.63	-0.54 %	$ 4.18 B	USA
Zoom Video Communications ZM	1.12 B	$ 79.36	1.6 %	$ 23.8 B	USA
Kaleyra KLR	269 M	-	-	$ 90.8 M	USA
América Móvil, S.A.B. de C.V. AMX	341 B	$ 24.94	-1.77 %	$ 1.29 M	Mexico
Anterix ATEX	5 K	$ 38.98	-3.92 %	$ 724 M	USA
Rogers Communications RCI	8.77 B	$ 39.05	-0.05 %	$ 20 B	Canada
United States Cellular Corporation USM	79.5 M	-	3.72 %	$ 6.62 B	USA
Chunghwa Telecom Co., Ltd. CHT	135 B	$ 42.52	-0.02 %	$ 286 B	Taiwan