Name: Verizon Communications Inc. (NYSE:VZ) | Analysis of Revenues
Creator: Stock Analysis on Net

Analysis of Revenues

Verizon Communications Inc., income statement, revenues

US$ in millions

12 months ended:	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Service	74,874)	73,139)	67,723)	64,884)	65,384)
Wireless equipment	20,645)	23,168)	19,781)	15,492)	18,048)
Other	5,898)	6,996)	7,568)	7,916)	7,384)
Verizon Consumer Group	101,417)	103,303)	95,072)	88,292)	90,816)
Enterprise and Public Sector	15,076)	15,692)	16,387)	16,767)	16,737)
Business Markets and Other	12,697)	12,753)	11,906)	11,112)	11,447)
Wholesale	2,313)	2,584)	2,680)	3,013)	3,198)
Verizon Business Group	30,086)	31,029)	30,973)	30,892)	31,382)
Intersegment revenues	245)	246)	297)	311)	301)
Reportable segments	131,748)	134,578)	126,342)	119,495)	122,499)
Corporate and other	2,479)	2,510)	7,722)	9,334)	9,812)
Eliminations	(253)	(253)	(451)	(537)	(443)
Reconciling items	(253)	(253)	(451)	(537)	(443)
Consolidated operating revenues	133,974)	136,835)	133,613)	128,292)	131,868)

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Item	Description	The company
Consolidated operating revenues	Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss).	Verizon Communications Inc. consolidated operating revenues increased from 2021 to 2022 but then slightly decreased from 2022 to 2023 not reaching 2021 level.