Name: Verizon Communications Inc. (NYSE:VZ) | Analysis of Revenues
Creator: Stock Analysis on Net

Analysis of Revenues

Verizon Communications Inc., income statement, revenues

US$ in millions

12 months ended:	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Service	76,880)	74,874)	73,139)	67,723)	64,884)
Wireless equipment	19,598)	20,645)	23,168)	19,781)	15,492)
Other	6,213)	5,898)	6,996)	7,568)	7,916)
Verizon Consumer Group	102,691)	101,417)	103,303)	95,072)	88,292)
Enterprise and Public Sector	14,218)	15,076)	15,692)	16,387)	16,767)
Business Markets and Other	13,081)	12,697)	12,753)	11,906)	11,112)
Wholesale	2,196)	2,313)	2,584)	2,680)	3,013)
Verizon Business Group	29,495)	30,086)	31,029)	30,973)	30,892)
Intersegment revenues	249)	245)	246)	297)	311)
Reportable segments	132,435)	131,748)	134,578)	126,342)	119,495)
Corporate and other	2,609)	2,479)	2,510)	7,722)	9,334)
Eliminations	(256)	(253)	(253)	(451)	(537)
Reconciling items	(256)	(253)	(253)	(451)	(537)
Consolidated operating revenues	134,788)	133,974)	136,835)	133,613)	128,292)

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Item	Description	The company
Consolidated operating revenues	Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss).	Verizon Communications Inc. consolidated operating revenues decreased from 2022 to 2023 but then slightly increased from 2023 to 2024.