Company profile
SEC EDGAR ↗- Industry
- Telephone Communications (No Radiotelephone)
- Listed
- NYSE: VZ
- Incorporated
- DE
- Headquarters
- New York, NY
- Fiscal year end
- Dec 31
Financials
FY2025- Revenue
- $138.2B
- Net income
- $17.6B
- Total assets
- $404.3B
| Fiscal year | Revenue | Net income | Total assets |
|---|---|---|---|
| FY2025 | $138.2B | $17.6B | $404.3B |
| FY2024 | $134.8B | $17.9B | $384.7B |
| FY2023 | $134.0B | $12.1B | $380.3B |
| FY2022 | $136.8B | $21.7B | $379.7B |
| FY2021 | $133.6B | $22.6B | $366.6B |
| FY2020 | $128.3B | $17.8B | $316.5B |
Reported fiscal years from SEC filings (10-K) — SEC EDGAR ↗. Stratrix is a strategy publication, not a real-time financial data service.
Decisions on record
2 verified Decision Cases on Verizon, and the casebook each one belongs to.
| Fork date | Decision type | What Verizon chose | Where it stood | The story | Casebook |
|---|---|---|---|---|---|
| 2015 | The Counterfactual | Buy AOL and Yahoo | Verizon sold 90% of the combined media business to Apollo in a deal valuing the whole at $5 billion (2021-09) | Read the story → | The Counterfactual Casebook → |
| 2023 | The Pricing Lens | Unbundle into perks menu | nearly 70% of myPlan customers chose the higher Unlimited Plus tier in Q2 2023 (2023) | Read the story → | The Pricing Lens Casebook → |
Run one of these yourself
The decisions Verizon faced, as kits you can run.
Each pack takes one of these decisions and gives you the framework, a deck for the room, a model that resolves to one number, and the sourced cases behind it. $499, one-time.
Business ModelThe Money MachineWhere does the money actually come from, and who sets the rate it comes in at?See the pack →Decision ForksThe Road Not TakenWhat did the decision you did not take actually cost?See the pack →Business ModelThe Pricing Model ChangeWhat does changing how you charge cost before it starts paying?See the pack →
The analyses
The Money Machine · Business Model
Verizon Sells the Best Network in America. The Receipts Only Half Agree.
Verizon's whole model is a premium price for a premium network. But the independent scorecards say AT&T won overall in 2H 2024 and T-Mobile owns 5G availability at ~92% to Verizon's 64.5%. The premium is real - it's just narrower than the marketing.
7 min
The Counterfactual · Decision Forks
Verizon Bought AOL and Yahoo to Beat Google. It Was Dead on Arrival.
Verizon spent roughly $9 billion assembling Oath from AOL and Yahoo, then took a $4.6 billion goodwill writedown within 18 months. The story isn't that the content was tired. It's that the thesis underneath was impossible from day one.
7 min
The Repricing · Business Model
Verizon's myPlan Turned Free Perks Into $10 Add-Ons — a Price Increase Wearing a Menu
myPlan was sold as customer empowerment: pick your perks, pay for what you use. But the Disney Bundle and Apple Music that cost $10 each in 2023 had been included free the year before. The 'choice' was a price increase wearing a menu.
7 min
Tools to try
- Ansoff move finderFramework: Ansoff Matrix
- Business model canvas builderFramework: Business Model Canvas
- Change readiness checkFramework: Kotter's 8-Step Change Model
- Five Forces scorerFramework: Porter's Five Forces
- SMART goal builderFramework: SMART Goals
- SWOT builderFramework: SWOT Analysis
More from Stratrix
The Business Model Wizard
Make the seven choices that define your model, test your numbers against real companies, and meet the rival AI would build against you.
Free · about twelve minutesBuild your Model Thesis →Test a decision, free
Set a live decision against the companies that made it before you.
AcquisitionsThe Distance TestDivestituresThe Divestiture TestDiversificationThe Diversification TestMake or buyThe Make-or-Buy TestStratrix Team
Every Casebook, three Strategy Packs a seat each year and Ask Stratrix, for teams that face these decisions all year.
$1,999 a year · $499 a seatWhat is included →New analyses, by email
The defining moves in business, and what they teach, as they publish.