Verizon Communications Inc. company logo
Verizon Communications Inc. logo

Verizon Communications Inc. (VZ) Cost Of Goods Sold

Annual Cost Of Goods Sold

$75.11B$3.13B+4.34%

Summary

Current Value
As of today, VZ annual cost of goods sold is $75.11B, up +4.34% on
Historical Performance
VZ annual cost of goods sold is down -1.47% over the past 3 years, up +10.59% over the past 5 years
All-Time High Comparison
VZ annual cost of goods sold is currently -1.47% below its historical high of $76.23B set on
3-Year Low Comparison
VZ annual cost of goods sold is +4.34% above its 3-year low of $71.99B reached on
Sector Comparison
VZ annual cost of goods sold is higher than 99.29% of companies in Communication Services sector

Cost Of Goods Sold Chart

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Series
SUGGESTED SERIES

Performance

VZ Performance
MetricDateValue1Y3Y5Y15Y
Annual Cost Of Goods Sold$75.11B+4.3%-1.5%+10.6%+28.8%
Quarterly Cost Of Goods Sold$21.00B+4.9%+5.1%+10.4%+44.8%
TTM Cost Of Goods Sold$75.11B+4.3%-1.5%+10.6%+28.8%
Price$49.46+20.5%+22.7%-8.8%+35.9%
Annual Total Expenses$121.02B+3.2%+4.7%+9.5%+16.3%
Annual Operating Expenses$33.82B+5.0%+12.2%+10.9%+15.5%
Annual Gross Profit$63.08B+0.4%+4.1%+4.5%+30.7%
Annual Revenue$138.19B+2.5%+1.0%+7.7%+29.7%

Cost Of Goods Sold Highs

VZ Annual Cost Of Goods Sold Highs Comparison
PeriodHighDateCurrent
3Y$76.23BN/A-1.5%
5Y$76.23B-1.5%
All$76.23B-1.5%

Cost Of Goods Sold Lows

VZ Annual Cost Of Goods Sold Lows Comparison
PeriodLowDateCurrent
3Y$71.99B+4.3%
5Y$67.92BN/A+10.6%
All$3.38B+2121.8%

Cost Of Goods Sold History

YearValueChange
$75.11B+4.3%
$71.99B-0.7%
$72.51B-4.9%
$76.23B+5.1%
$72.51B+6.8%
$67.92B-4.9%
$71.41B-1.7%
$72.61B+6.0%
$68.51B+1.7%
$67.35B-1.8%
$68.57B+3.2%
$66.46B+8.1%
$61.49B-1.9%
$62.70B+0.5%
$62.37B+7.0%
$58.31B-0.9%
$58.84B+10.0%
$53.47B+3.0%
$51.89B+4.8%
$49.51B+30.9%
$37.82B+2.0%
YearValueChange
$37.08B+5.0%
$35.30B-31.0%
$51.17B-1.2%
$51.78B+5.4%
$49.11B+198.8%
$16.44B+4.9%
$15.67B+85.6%
$8.44B+11.2%
$7.59B+10.5%
$6.87B+71.8%
$4.00B-0.6%
$4.03B+2.2%
$3.94B+0.1%
$3.94B+4.7%
$3.76B+0.6%
$3.74B-40.5%
$6.28B+7.6%
$5.84B+5.5%
$5.53B+4.8%
$5.28B+56.1%
$3.38B-

FAQ

  • What is the current annual cost of goods sold of VZ?

    As of today, VZ annual cost of goods sold is $75.11B

  • What is 1-year change in VZ annual cost of goods sold?

    VZ annual cost of goods sold is up +4.34% year-over-year

  • What is 3-year change in VZ annual cost of goods sold?

    VZ annual cost of goods sold is down -1.47% over the past 3 years

  • How far is VZ annual cost of goods sold from its all-time high?

    VZ annual cost of goods sold is currently -1.47% below its historical high of $76.23B set on December 31, 2022

  • How does VZ annual cost of goods sold rank versus sector peers?

    VZ annual cost of goods sold is higher than 99.29% of companies in Communication Services sector

  • When is VZ next annual earnings release?

    As of today, the next annual earnings release for VZ has not been scheduled

Cost Of Goods Sold Formula

COGS = Beginning Inventory + Purchases − Ending Inventory

Data Sources & References

  1. VZ Official Website www.verizon.com
  2. Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/732712/000073271226000003/0000732712-26-000003-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/732712/000073271226000003/0000732712-26-000003-index.htm
  4. VZ Profile on Yahoo Finance finance.yahoo.com/quote/VZ
  5. VZ Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/vz