Verizon Communications Inc. company logo
Verizon Communications Inc. logo

Verizon Communications Inc. (VZ) Cost Of Goods Sold

Annual Cost Of Goods Sold

$71.99B$522.00M-0.72%

Summary

Current Value
As of today, VZ annual cost of goods sold is $71.99B, down -0.72% on
Historical Performance
VZ annual cost of goods sold is down -0.71% over the past 3 years, and up +0.81% over the past 5 years
All-Time High Comparison
VZ annual cost of goods sold is currently -5.57% below its historical high of $76.23B set on
3-Year Low Comparison
VZ annual cost of goods sold is at its 3-year low
Sector Comparison
VZ annual cost of goods sold is higher than 99.30% of companies in Communication Services sector

Cost Of Goods Sold Chart

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Series
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Performance

VZ Performance
MetricDateValue1Y3Y5Y15Y
Annual Cost Of Goods Sold$71.99B-0.7%-0.7%+0.8%+22.4%
Quarterly Cost Of Goods Sold$17.96B+1.5%-5.1%+8.7%+23.6%
TTM Cost Of Goods Sold$74.14B+3.5%-1.5%+8.0%+25.7%
Price$40.52+0.8%+2.8%-31.0%+13.3%
Annual Total Expenses$117.28B-4.2%+5.1%+4.2%+12.6%
Annual Operating Expenses$32.20B-1.3%+10.5%+9.4%+9.2%
Annual Gross Profit$62.80B+2.2%+2.8%+3.9%+28.2%
Annual Revenue$134.79B+0.6%+0.9%+2.2%+25.0%

Cost Of Goods Sold Highs

VZ Annual Cost Of Goods Sold Highs Comparison
PeriodHighDateCurrent
3Y$76.23BN/A-5.6%
5Y$76.23B-5.6%
All$76.23B-5.6%

Cost Of Goods Sold Lows

VZ Annual Cost Of Goods Sold Lows Comparison
PeriodLowDateCurrent
3Y$71.99Bat low
5Y$67.92BN/A+6.0%
All$3.38B+2029.4%

Cost Of Goods Sold History

YearValueChange
$71.99B-0.7%
$72.51B-4.9%
$76.23B+5.1%
$72.51B+6.8%
$67.92B-4.9%
$71.41B-1.7%
YearValueChange
$72.61B+6.0%
$68.51B+1.7%
$67.35B-1.8%
$68.57B+3.2%
$66.46B-

FAQ

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

    As of today, VZ annual cost of goods sold is $71.99B

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

    VZ annual cost of goods sold is down -0.72% year-over-year

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

    VZ annual cost of goods sold is down -0.71% 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 -5.57% 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 99.30% of companies in Communication Services sector

  • When is VZ next annual earnings release?

    The next annual earnings release for VZ is on

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/732712/000073271225000116/0000732712-25-000116-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/732712/000073271225000006/0000732712-25-000006-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