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Revenue breakdown by Products & Services
Revenue breakdown by Geography

Verizon Communications's Revenue by Segment

In fiscal year , Verizon Communications's revenue by segment (products & services) are as follows:


Learn more about Verizon Communications’s Revenue by Geography

Check out competitors to Verizon Communications in a side-by-side comparison.

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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:

  • Verizon Business Group generated $31.07B in revenue, representing 23.09% of its total revenue.
  • Verizon Consumer Group generated $103.51B in revenue, representing 76.91% of its total revenue.

The biggest segment for Verizon Communications is the Verizon Consumer Group, which represents 76.91% of its total revenue.
The smallest segment for Verizon Communications is the Verizon Business Group, which represents 23.09% 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:

  • Verizon Business Group generated $30.12B in revenue, representing 22.86% of its total revenue.
  • Verizon Consumer Group generated $101.63B in revenue, representing 77.14% of its total revenue.

The biggest segment for Verizon Communications is the Verizon Consumer Group, which represents 77.14% of its total revenue.
The smallest segment for Verizon Communications is the Verizon Business Group, which represents 22.86% of its total revenue.
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Summary Table

Products & Services (Percent Share) 2022 2023 2024
Verizon Business Group 23.09% 22.86% -
Verizon Consumer Group 76.91% 77.14% -
Total Revenue 100% 100% 100%

The above chart shows growth drivers and a year-over-year comparison of different segments' revenue.

  • Verizon Business Group revenue decreased -100% ($30.12B) from $30.12B (in 2023) to $0.00 (in 2024).
  • Verizon Consumer Group revenue decreased -100% ($101.63B) from $101.63B (in 2023) to $0.00 (in 2024).
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    Summary Table

    Products & Services 2022 2023 2024
    Verizon Business Group $31.07B - $30.12B
    3.06%
    - -
    Verizon Consumer Group $103.51B - $101.63B
    1.82%
    - -
    Total Revenue $134.58B - $131.75B
    2.10%
    -
    100.00%