Verizon Communications Inc. (VZ) Revenue by Segment

Verizon Communications revenue by segment at a glance

In Q2 fiscal 2026 (the quarter ended June 30, 2026), Verizon Communications's largest business segment was Verizon Consumer Group, with $26.24 billion or 79% of revenue, down 1.5% from a year earlier. Next: Verizon Business Group (21%).

By product or service, Service and Other brought in 85% and Product brought in 15% of revenue in Q2 fiscal 2026.

The fastest-growing business segment from a year earlier was Verizon Business Group (+2.6%).

From company filings, in USD; latest quarter ended June 30, 2026; quarterly data from Q3 fiscal 2017.

Verizon Communications Inc.

VZCommunication Services

United States

Communication Services

Revenue breakdown

Fiscal quarters, from company filings

Segments by quarter (USD)

Click a bar to see that period below. Striped bars are calculated fourth quarters; an empty slot means it could not be calculated on the same basis i

Verizon Consumer GroupVerizon Business GroupWirelessCorporate and Reconciling ItemsVerizon Business Group and Verizon Consumer GroupWirelineCorporate and other

Q2 FY26 breakdown

Fiscal quarter ended Jun 30, 2026

Item	Revenue	Share	vs year before
Verizon Consumer Group	USD 26.24B	78.6%	-1.5%
Verizon Business Group	USD 7.16B	21.4%	+2.6%
Corporate and Reconciling Itemsi	USD 936.00M		-3.0%
Eliminationsi	-USD 80.00M		–

Sum of items USD 33.40B; corporate items and eliminations USD 856.00M. Shares are of the items shown. Click an item with › to see its parts.

Also reported by:

All periods

Every item and period in one grid. Purple = calculated; "–" = not available.

Item	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24	Q1 FY24	Q4 FY23	Q3 FY23	Q2 FY23	Q1 FY23	Q4 FY22	Q3 FY22	Q2 FY22	Q1 FY22	Q4 FY21	Q3 FY21	Q2 FY21	Q1 FY21	Q4 FY20	Q3 FY20	Q2 FY20	Q1 FY20	Q4 FY19	Q3 FY19	Q2 FY19	Q1 FY19	Q4 FY18	Q3 FY18	Q2 FY18	Q1 FY18	Q4 FY17	Q3 FY17
Verizon Consumer Group	26.2B	26.5B	28.4B	26.1B	26.6B	25.6B	27.6B	25.4B	24.9B	25.1B	27.0B	25.2B	24.6B	24.8B	26.8B	25.8B	25.6B	25.2B	25.7B	23.3B	23.5B	–	–	21.7B	21.1B	21.8B	24.2B	22.7B	22.0B	22.1B	–	22.4B	22.0B	–	–	–
Verizon Business Group	7.2B	7.4B	7.4B	7.1B	7.0B	7.3B	7.5B	7.4B	7.3B	7.4B	7.6B	7.5B	7.5B	7.5B	7.9B	7.8B	7.6B	7.7B	7.8B	7.7B	7.8B	–	–	7.7B	7.5B	7.7B	8.1B	7.9B	7.8B	7.7B	–	7.9B	7.9B	–	–	–
Wireless	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	21.9B	–	21.6B
Corporate and Reconciling Items	936.0M	647.0M	660.0M	659.0M	965.0M	660.0M	680.0M	685.0M	633.0M	611.0M	623.0M	618.0M	621.0M	617.0M	642.0M	627.0M	623.0M	618.0M	629.0M	2.0B	2.7B	2.4B	–	2.2B	2.0B	2.3B	2.7B	2.4B	2.4B	2.3B	–	2.4B	2.4B	–	–	–
Verizon Business Group and Verizon Consumer Group	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	30.6B	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Wireline	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	7.6B	–	7.7B
Corporate and other	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.7B	–	2.8B

Verizon Communications revenue by business segment, last 4 quarters

Business segment	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
Verizon Consumer Group	$26.2B	$26.5B	$26.1B	$26.6B	79%
Verizon Business Group	$7.2B	$7.4B	$7.1B	$7.0B	21%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

Verizon Communications revenue by product or service, last 4 quarters

Product or service	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
Service and Other	$29.2B	$28.8B	$28.2B	$28.2B	85%
Product	$5.0B	$5.7B	$5.6B	$6.3B	15%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

Questions and answers

What are Verizon Communications's business segments?

Verizon Consumer Group and Verizon Business Group (as reported for Q2 fiscal 2026).

Which business segment makes the most money for Verizon Communications?

Verizon Consumer Group: $26.24 billion, or 79% of revenue, in Q2 fiscal 2026.

What are Verizon Communications's main products and services?

By revenue in Q2 fiscal 2026: Service and Other (85%) and Product (15%).

MoreVerizon Communications stock overview Verizon Communications financials Verizon Communications executive team Verizon Communications shareholders

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.