- Verizon’s revenue in 2018 was $130.86 billion.
- In 2019, Verizon’s revenue increased slightly to $131.87 billion.
- The company experienced a decline in revenue in 2020, with total revenue amounting to $128.29 billion.
- Verizon’s revenue rebounded in 2021, reaching $133.61 billion.
- In 2022, Verizon achieved its highest revenue in the given period, with total revenue of $136.83 billion.
In 2022, Verizon’s revenue breakdown was as follows:
- The Consumer segment generated the highest revenue, amounting to $103.506 billion.
- The Business segment contributed $31.072 billion to the total revenue.
- The Corporate and Other segment added $2.510 billion to the revenue.
- Eliminations resulted in a negative impact of $0.253 billion on the total revenue.