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Verizon Communications Inc. (VZ) Cost of goods sold

annual cost of goods sold:

$71.99B-$522.00M(-0.72%)
December 31, 2024

Summary

  • As of today (September 13, 2025), VZ annual cost of goods sold is $71.99 billion, with the most recent change of -$522.00 million (-0.72%) on December 31, 2024.
  • During the last 3 years, VZ annual cost of goods sold has fallen by -$518.00 million (-0.71%).
  • VZ annual cost of goods sold is now -5.57% below its all-time high of $76.23 billion, reached on December 31, 2022.

Performance

VZ Cost of goods sold Chart

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quarterly cost of goods sold:

$18.52B+$887.00M(+5.03%)
June 30, 2025

Summary

  • As of today (September 13, 2025), VZ quarterly cost of goods sold is $18.52 billion, with the most recent change of +$887.00 million (+5.03%) on June 30, 2025.
  • Over the past year, VZ quarterly cost of goods sold has increased by +$1.57 billion (+9.24%).
  • VZ quarterly cost of goods sold is now -7.49% below its all-time high of $20.02 billion, reached on December 31, 2024.

Performance

VZ quarterly cost of goods sold Chart

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TTM cost of goods sold:

$73.87B+$1.57B(+2.17%)
June 30, 2025

Summary

  • As of today (September 13, 2025), VZ TTM cost of goods sold is $73.87 billion, with the most recent change of +$1.57 billion (+2.17%) on June 30, 2025.
  • Over the past year, VZ TTM cost of goods sold has increased by +$2.03 billion (+2.83%).
  • VZ TTM cost of goods sold is now -3.10% below its all-time high of $76.23 billion, reached on December 31, 2022.

Performance

VZ TTM cost of goods sold Chart

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Cost of goods sold Formula

COGS = Beginning Inventory + Purchases − Ending Inventory

VZ Cost of goods sold Trends

PeriodPeriodAnnualAnnualQuarterlyQuarterlyTTMTTM
1 y1 year-0.7%+9.2%+2.8%
3 y3 years-0.7%-1.2%+0.0%
5 y5 years+0.8%+16.3%+6.1%

VZ Cost of goods sold Highs & Lows

PeriodPeriodAnnual vs highAnnual vs highAnnual vs lowAnnual vs lowQuarter. vs highQuarter. vs highQuarter. vs lowQuarter. vs lowTTM vs highTTM vs highTTM vs lowTTM vs low
3 y3-year-5.6%at low-7.5%+9.2%-3.1%+3.1%
5 y5-year-5.6%+6.0%-7.5%+16.3%-3.1%+8.8%
alltimeall time-5.6%+2029.4%-7.5%+2589.1%-3.1%+7984.8%

VZ Cost of goods sold History

DateAnnualQuarterlyTTM
Jun 2025
-
$18.52B(+5.0%)
$73.87B(+2.2%)
Mar 2025
-
$17.63B(-11.9%)
$72.31B(+0.4%)
Dec 2024
$71.99B(-0.7%)
$20.02B(+13.1%)
$71.99B(+0.4%)
Sep 2024
-
$17.70B(+4.4%)
$71.67B(-0.2%)
Jun 2024
-
$16.95B(-2.1%)
$71.84B(-0.2%)
Mar 2024
-
$17.32B(-12.1%)
$72.01B(-0.7%)
Dec 2023
$72.51B(-4.9%)
$19.70B(+10.2%)
$72.51B(-0.4%)
Sep 2023
-
$17.87B(+4.4%)
$72.79B(-1.4%)
Jun 2023
-
$17.12B(-3.9%)
$73.85B(-2.1%)
Mar 2023
-
$17.82B(-10.8%)
$75.47B(-1.0%)
Dec 2022
$76.23B(+5.1%)
$19.98B(+5.6%)
$76.23B(+1.2%)
Sep 2022
-
$18.93B(+1.0%)
$75.30B(+1.9%)
Jun 2022
-
$18.74B(+0.8%)
$73.86B(+0.6%)
Mar 2022
-
$18.59B(-2.4%)
$73.40B(+1.2%)
Dec 2021
$72.51B(+6.8%)
$19.05B(+8.9%)
$72.51B(+0.0%)
Sep 2021
-
$17.49B(-4.3%)
$72.48B(+1.3%)
Jun 2021
-
$18.27B(+3.3%)
$71.52B(+3.4%)
Mar 2021
-
$17.70B(-7.0%)
$69.17B(+1.8%)
Dec 2020
$67.92B(-4.9%)
$19.02B(+15.1%)
$67.92B(-1.0%)
Sep 2020
-
$16.53B(+3.7%)
$68.64B(-1.4%)
Jun 2020
-
$15.93B(-3.1%)
$69.61B(-1.4%)
Mar 2020
-
$16.45B(-16.7%)
$70.63B(-1.1%)
Dec 2019
$71.41B(-1.7%)
$19.74B(+12.8%)
$71.41B(+0.1%)
Sep 2019
-
$17.50B(+3.2%)
$71.31B(-0.3%)
Jun 2019
-
$16.95B(-1.6%)
$71.53B(-1.0%)
Mar 2019
-
$17.22B(-12.3%)
$72.25B(-1.0%)
Dec 2018
$72.61B(+6.0%)
$19.64B(+10.9%)
$73.01B(+0.0%)
Sep 2018
-
$17.71B(+0.2%)
$73.00B(+0.6%)
Jun 2018
-
$17.68B(-1.7%)
$72.53B(+1.4%)
Mar 2018
-
$17.98B(-8.4%)
$71.51B(+2.7%)
Dec 2017
$68.51B(+1.7%)
$19.63B(+13.8%)
$69.63B(+1.9%)
Sep 2017
-
$17.25B(+3.6%)
$68.35B(+1.6%)
Jun 2017
-
$16.65B(+3.4%)
$67.28B(+0.7%)
Mar 2017
-
$16.11B(-12.2%)
$66.83B(-0.8%)
Dec 2016
$67.35B(-1.8%)
$18.35B(+13.5%)
$67.35B(-0.6%)
Sep 2016
-
$16.17B(-0.2%)
$67.75B(-1.7%)
Jun 2016
-
$16.20B(-2.6%)
$68.89B(-0.3%)
Mar 2016
-
$16.63B(-11.3%)
$69.12B(+0.8%)
Dec 2015
$68.57B(+3.2%)
$18.75B(+8.3%)
$68.57B(+0.4%)
Sep 2015
-
$17.31B(+5.4%)
$68.30B(+1.3%)
Jun 2015
-
$16.43B(+2.1%)
$67.40B(+0.3%)
Mar 2015
-
$16.09B(-12.9%)
$67.22B(+1.1%)
Dec 2014
$66.46B(+8.1%)
$18.47B(+12.5%)
$66.46B(+3.6%)
Sep 2014
-
$16.42B(+1.1%)
$64.14B(+2.1%)
Jun 2014
-
$16.25B(+6.0%)
$62.83B(+1.7%)
Mar 2014
-
$15.33B(-5.1%)
$61.77B(+0.4%)
Dec 2013
$61.49B(-1.9%)
$16.14B(+6.8%)
$61.49B(-1.7%)
Sep 2013
-
$15.11B(-0.5%)
$62.55B(-0.1%)
Jun 2013
-
$15.18B(+0.9%)
$62.60B(+0.3%)
Mar 2013
-
$15.05B(-12.5%)
$62.44B(-0.5%)
Dec 2012
$62.70B(+0.5%)
$17.21B(+13.5%)
$62.73B(+1.5%)
Sep 2012
-
$15.16B(+0.9%)
$61.80B(-0.7%)
Jun 2012
-
$15.02B(-2.1%)
$62.22B(-0.4%)
Mar 2012
-
$15.35B(-5.7%)
$62.47B(+0.2%)
Dec 2011
$62.37B(+7.0%)
$16.27B(+4.4%)
$62.37B(+2.9%)
Sep 2011
-
$15.58B(+2.0%)
$60.60B(+1.7%)
Jun 2011
-
$15.27B(+0.1%)
$59.56B(+1.1%)
Mar 2011
-
$15.25B(+5.2%)
$58.91B(+1.0%)
Dec 2010
$58.31B(-0.9%)
$14.50B(-0.3%)
$58.31B(-1.1%)
Sep 2010
-
$14.54B(-0.6%)
$58.97B(-0.8%)
Jun 2010
-
$14.62B(-0.3%)
$59.43B(+0.3%)
Mar 2010
-
$14.66B(-3.3%)
$59.27B(+0.7%)
Dec 2009
$58.84B(+10.0%)
$15.16B(+1.1%)
$58.84B(+2.6%)
Sep 2009
-
$14.99B(+3.7%)
$57.33B(+2.3%)
Jun 2009
-
$14.46B(+1.6%)
$56.03B(+2.6%)
Mar 2009
-
$14.23B(+4.2%)
$54.62B(+2.2%)
Dec 2008
$53.47B(+3.0%)
$13.65B(-0.3%)
$53.47B(+0.4%)
Sep 2008
-
$13.70B(+5.0%)
$53.26B(+0.9%)
Jun 2008
-
$13.04B(-0.3%)
$52.77B(+0.5%)
Mar 2008
-
$13.08B(-2.7%)
$52.53B(+1.2%)
Dec 2007
$51.89B(+4.8%)
$13.45B(+1.9%)
$51.89B(+2.4%)
Sep 2007
-
$13.20B(+3.1%)
$50.67B(+1.3%)
Jun 2007
-
$12.80B(+2.9%)
$50.01B(+1.0%)
Mar 2007
-
$12.45B(+1.8%)
$49.52B(+0.5%)
DateAnnualQuarterlyTTM
Dec 2006
$49.51B(+30.9%)
$12.22B(-2.5%)
$49.26B(+4.5%)
Sep 2006
-
$12.54B(+1.8%)
$47.16B(+5.6%)
Jun 2006
-
$12.32B(+1.1%)
$44.68B(+6.8%)
Mar 2006
-
$12.18B(+20.3%)
$41.85B(+6.6%)
Dec 2005
$37.81B(+2.0%)
$10.13B(+0.7%)
$39.25B(+1.3%)
Sep 2005
-
$10.05B(+6.0%)
$38.75B(+1.5%)
Jun 2005
-
$9.49B(-1.0%)
$38.18B(+1.1%)
Mar 2005
-
$9.58B(-0.5%)
$37.77B(+1.7%)
Dec 2004
$37.08B(+5.0%)
$9.63B(+1.6%)
$37.13B(+1.1%)
Sep 2004
-
$9.48B(+4.4%)
$36.72B(+0.9%)
Jun 2004
-
$9.08B(+1.6%)
$36.40B(+1.8%)
Mar 2004
-
$8.94B(-3.1%)
$35.75B(-1.3%)
Dec 2003
$35.30B(-31.0%)
$9.22B(+0.7%)
$36.20B(-12.6%)
Sep 2003
-
$9.16B(+8.7%)
$41.41B(-9.9%)
Jun 2003
-
$8.43B(-10.3%)
$45.96B(-8.9%)
Mar 2003
-
$9.39B(-34.9%)
$50.42B(-6.8%)
Dec 2002
$51.17B(-1.2%)
$14.43B(+5.2%)
$54.11B(+3.3%)
Sep 2002
-
$13.71B(+6.4%)
$52.37B(+0.7%)
Jun 2002
-
$12.89B(-1.5%)
$51.98B(-0.4%)
Mar 2002
-
$13.08B(+3.2%)
$52.21B(+0.8%)
Dec 2001
$51.78B(+5.4%)
$12.68B(-4.8%)
$51.78B(+22.7%)
Sep 2001
-
$13.33B(+1.6%)
$42.21B(+1.2%)
Jun 2001
-
$13.11B(+3.6%)
$41.72B(-3.5%)
Mar 2001
-
$12.66B(+306.7%)
$43.24B(+26.2%)
Dec 2000
$49.11B(+198.8%)
$3.11B(-75.8%)
$34.27B(+4.5%)
Sep 2000
-
$12.84B(-12.3%)
$32.78B(+39.0%)
Jun 2000
-
$14.63B(+296.7%)
$23.58B(+88.0%)
Mar 2000
-
$3.69B(+127.2%)
$12.54B(+1.3%)
Dec 1999
$16.44B(+4.9%)
$1.62B(-55.4%)
$12.38B(-16.9%)
Sep 1999
-
$3.64B(+1.3%)
$14.89B(-4.0%)
Jun 1999
-
$3.59B(+2.0%)
$15.51B(+0.2%)
Mar 1999
-
$3.52B(-14.8%)
$15.48B(-1.2%)
Dec 1998
$15.67B(+85.6%)
$4.13B(-3.0%)
$15.67B(+12.9%)
Sep 1998
-
$4.26B(+19.7%)
$13.88B(+15.3%)
Jun 1998
-
$3.56B(-4.1%)
$12.03B(+15.0%)
Mar 1998
-
$3.71B(+58.6%)
$10.46B(+23.2%)
Dec 1997
$8.44B(+11.2%)
$2.34B(-3.1%)
$8.50B(+1.6%)
Sep 1997
-
$2.42B(+21.3%)
$8.36B(+7.9%)
Jun 1997
-
$1.99B(+14.0%)
$7.75B(+17.3%)
Mar 1997
-
$1.75B(-20.9%)
$6.61B(+13.1%)
Dec 1996
$7.59B(+10.5%)
$2.21B(+22.4%)
$5.85B(-24.6%)
Sep 1996
-
$1.81B(+112.3%)
$7.75B(+13.8%)
Jun 1996
-
$850.60M(-13.4%)
$6.81B(-1.9%)
Mar 1996
-
$982.40M(-76.1%)
$6.94B(+1.0%)
Dec 1995
$6.87B(+71.8%)
$4.11B(+375.9%)
$6.87B(+99.3%)
Sep 1995
-
$864.60M(-11.7%)
$3.45B(-9.7%)
Jun 1995
-
$979.10M(+6.9%)
$3.82B(-1.3%)
Mar 1995
-
$916.30M(+33.0%)
$3.87B(-3.3%)
Dec 1994
$4.00B(-0.6%)
$688.70M(-44.3%)
$4.00B(-7.6%)
Sep 1994
-
$1.24B(+20.2%)
$4.33B(+4.8%)
Jun 1994
-
$1.03B(-1.8%)
$4.13B(+0.8%)
Mar 1994
-
$1.05B(+2.8%)
$4.10B(+1.8%)
Dec 1993
$4.03B(+2.2%)
$1.02B(-1.7%)
$4.03B(+0.4%)
Sep 1993
-
$1.04B(+3.9%)
$4.01B(+0.7%)
Jun 1993
-
$998.00M(+2.5%)
$3.99B(+0.6%)
Mar 1993
-
$974.00M(-3.0%)
$3.96B(+0.9%)
Dec 1992
$3.94B(+0.1%)
$1.00B(-0.5%)
$3.93B(-0.2%)
Sep 1992
-
$1.01B(+3.6%)
$3.93B(+0.6%)
Jun 1992
-
$973.70M(+3.6%)
$3.91B(-0.1%)
Mar 1992
-
$939.90M(-7.1%)
$3.91B(-0.6%)
Dec 1991
$3.94B(+4.7%)
$1.01B(+2.6%)
$3.94B(+1.0%)
Sep 1991
-
$986.00M(+1.0%)
$3.90B(+1.3%)
Jun 1991
-
$975.80M(+1.4%)
$3.84B(+0.9%)
Mar 1991
-
$962.80M(-0.9%)
$3.81B(+1.3%)
Dec 1990
$3.76B(+0.6%)
$971.50M(+3.9%)
$3.76B(+34.8%)
Sep 1990
-
$934.60M(-0.7%)
$2.79B(+50.4%)
Jun 1990
-
$941.30M(+3.0%)
$1.85B(+103.0%)
Mar 1990
-
$913.70M
$913.70M
Dec 1989
$3.74B(-40.5%)
-
-
Dec 1988
$6.28B(+7.6%)
-
-
Dec 1987
$5.84B(+5.5%)
-
-
Dec 1986
$5.53B(+4.8%)
-
-
Dec 1985
$5.28B(+56.1%)
-
-
Dec 1984
$3.38B
-
-

FAQ

  • What is Verizon Communications Inc. annual cost of goods sold?
  • What is the all time high annual cost of goods sold for Verizon Communications Inc.?
  • What is Verizon Communications Inc. annual cost of goods sold year-on-year change?
  • What is Verizon Communications Inc. quarterly cost of goods sold?
  • What is the all time high quarterly cost of goods sold for Verizon Communications Inc.?
  • What is Verizon Communications Inc. quarterly cost of goods sold year-on-year change?
  • What is Verizon Communications Inc. TTM cost of goods sold?
  • What is the all time high TTM cost of goods sold for Verizon Communications Inc.?
  • What is Verizon Communications Inc. TTM cost of goods sold year-on-year change?

What is Verizon Communications Inc. annual cost of goods sold?

The current annual cost of goods sold of VZ is $71.99B

What is the all time high annual cost of goods sold for Verizon Communications Inc.?

Verizon Communications Inc. all-time high annual cost of goods sold is $76.23B

What is Verizon Communications Inc. annual cost of goods sold year-on-year change?

Over the past year, VZ annual cost of goods sold has changed by -$522.00M (-0.72%)

What is Verizon Communications Inc. quarterly cost of goods sold?

The current quarterly cost of goods sold of VZ is $18.52B

What is the all time high quarterly cost of goods sold for Verizon Communications Inc.?

Verizon Communications Inc. all-time high quarterly cost of goods sold is $20.02B

What is Verizon Communications Inc. quarterly cost of goods sold year-on-year change?

Over the past year, VZ quarterly cost of goods sold has changed by +$1.57B (+9.24%)

What is Verizon Communications Inc. TTM cost of goods sold?

The current TTM cost of goods sold of VZ is $73.87B

What is the all time high TTM cost of goods sold for Verizon Communications Inc.?

Verizon Communications Inc. all-time high TTM cost of goods sold is $76.23B

What is Verizon Communications Inc. TTM cost of goods sold year-on-year change?

Over the past year, VZ TTM cost of goods sold has changed by +$2.03B (+2.83%)
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