Stock Analysis on Net

Verizon Communications Inc. (NYSE:VZ)

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Analysis of Revenues

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Revenues as Reported

Verizon Communications Inc., income statement, revenues

US$ in millions

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12 months ended: Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016
Service revenues and other
Wireless equipment revenues
Operating revenues

Based on: 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31).

Item Description The company
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. operating revenues increased from 2018 to 2019 but then decreased significantly from 2019 to 2020.