Verizon Gross Margin 2010-2025 | VZ
- Verizon average gross margin for 2024 was 59.79%, a 2.68% increase from 2023.
- Verizon average gross margin for 2023 was 58.23%, a 1.91% increase from 2022.
- Verizon average gross margin for 2022 was 57.14%, a 2.42% increase from 2021.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.