Revenue of Verizon 2010-2024, by quarter
In the second quarter of 2024, Verizon Communications’ consolidated revenue amounted to approximately 32.8 billion U.S. dollars. Since 2013, Verizon's operating revenue has consistently exceeded 120 billion U.S. dollars.
Verizon’s place in the market
Verizon is one of the largest players in the United States telecommunications market, along with AT&T and T-Mobile US. The majority of the company’s revenue is generated through its consumer services segment, which generated over three times the revenue of the firm's business segment in 2022. Up until 2018, Verizon and AT&T were joint wireless carrier market leaders, each holding a share of 30 percent or more of subscriptions in the United States. However, since 2018, AT&T's market share has consistently exceeded that of Verizon.
