Verizon Statistics and Revenue Totals for 2024

Verizon Communications, Inc., commonly known as Verizon, is an American telecommunications company. It was formed in 2000 when Bell Atlantic and GTE merged. The company is headquartered in New York City and provides a range of wireless, internet, and phone services to customers in the United States and around the world.

Verizon operates one of the largest wireless networks in the United States, providing cellular service to millions of customers. The company offers a range of wireless plans, including unlimited data plans, and sells a variety of smartphones, tablets, and other mobile devices.

In addition to its wireless services, Verizon also provides internet and television services to customers in select areas. The company offers fiber-optic internet service, which provides fast and reliable internet speeds, as well as cable internet and DSL service.Verizon has been recognized for its commitment to innovation and has invested heavily in the development of 5G wireless technology. The company has also been recognized for its corporate social responsibility efforts, including its commitment to reducing its carbon footprint and supporting social causes.

Verizon Statistics

Verizon Employee Count

Verizon number of employees:

100,600 employees (2024)

Verizon Revenue Totals

Verizon annual revenue:

• 2023: $134.0 billion
• 2022: $136.8 billion
• 2021: $133.6 billion
• 2020: $128.3 billion
• 2019: $131.9 billion
• 2018: $130.86 billion
• 2017: $126.03 billion
• 2016: $125.98 billion
• 2015: $131.6 billion
• 2014: $127.1 billion
• 2013: $120.6 billion

Verizon annual net income:

• 2023: $10.2 billion
• 2022: $21.3 billion
• 2021: $22.6 billion
• 2020: $18.3 billion
• 2019: $19.7 billion
• 2018: $15.5 billion
• 2017: $30.1 billion
• 2016: $13.1 billion
• 2015: $17.8 billion
• 2014: $9.6 billion

Additional Verizon Statistics

Number of Verizon retail wireless connections:

94.544 million

Last updated 1/1/20

Photo by JeepersMedia

Number of Verizon Fios internet subscribers:

5.9 million

Last updated 1/1/20

Number of Verizon Fios video subscribers:

4.1 million

Last updated 1/1/20

Number of cities Verizon offers 5G in:

31 cities

Last updated 12/31/19

Percentage of Verizon wireless data traffic that is on the 4G LTE network:

90%

Last updated 12/31/15

Verizon 2015 revenue for Internet of Things devices and services:

$690 million

Amount Verizon paid for AOL:

$3.8 billion

Amount Verizon agreed to buy Yahoo for:

$4.83 billion

Amount Verizon spent on go90:

$200 million

Number of Verizon Wireless 4G LTE devices:

84.4 million

Last updated 12/31/15

Please note that some of these numbers are easier to find than others. A few of these Verizon statistics come from their own reports, but some are based on news reports and not official company tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%.

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About Craig Smith

DMR Publisher. Director of Marketing by day and I run this little site at night. Other interests include Disney, Sports, 80's Nostalgia, LEGO, Star Wars and Tech Gadgets. Other site is DisneyNews.us.

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