Verizon Communications Inc. employees and revenue per employee

VZ · Telecommunications Services · $191.7B market cap

Verizon Communications Inc. had 89,900 employees at the end of fiscal Dec 2025, down 9.7% from a year earlier. Revenue for the year was $138.2B, up 2.5% from a year earlier, or $1.54M per employee. Revenue held up or grew while headcount stayed flat or fell.

Employees

89,900

-9.7% YoY

Revenue

$138.2B

+2.5% YoY

Revenue / employee

$1.54M

Peer median $818K

Rank in industry

1 of 10

Telecommunications Services

Headcount against revenue

Both lines start at 100 in the first year we hold, so you can see which one grew faster.

EmployeesRevenueIndexed to 100 in Dec 2016
5283114'16'17'18'19'20'21'22'23'24'25Revenue 110Staff 56

Hover a year for the numbers.

VZ employees and revenue by fiscal year
Year endingEmployeesRevenuePer employeeStaff YoYRevenue YoY
Dec 202589,900$138.2B$1.54M-9.7%+2.5%
Dec 202499,600$134.8B$1.35M-5.5%+0.6%
Dec 2023105,400$134.0B$1.27M-10.0%-2.1%
Dec 2022117,100$136.8B$1.17M-1.1%+2.4%
Dec 2021118,400$133.6B$1.13M-10.4%+4.1%
Dec 2020132,200$128.3B$970K-2.1%-2.7%
Dec 2019135,000$131.9B$977K-6.6%+0.8%
Dec 2018144,500$130.9B$906K-7.0%+3.8%
Dec 2017155,400$126.0B$811K-3.4%+0.0%
Dec 2016160,900$126.0B$783K——

Open roles: we have not matched a verified job board for this company yet.

Employees, last six fiscal years
132,200'20118,400'21117,100'22105,400'2399,600'2489,900'25
Revenue per employee, last six fiscal years
$970K'20$1.13M'21$1.17M'22$1.27M'23$1.35M'24$1.54M'25

Verizon Communications Inc. against similar companies

The closest industry peers by revenue, from Telecommunications Services.

CompanyEmployeesRevenueRevenue / employeeShape
VZ
Verizon Communications Inc.
89,900$138.2B$1.54MLeaner
SATS
EchoStar Corporation
11,369$15.0B$1.32MContracting
TMUS
T-Mobile US, Inc.
75,000$88.3B$1.18MEfficient growth
T
AT&T Inc.
133,030$125.6B$945KLeaner
TBB
AT&T Inc. 5.35% GLB NTS 66
133,030$125.6B$945KLeaner
CMCSA
Comcast Corporation
179,000$123.7B$691KContracting
CHTR
Charter Communications, Inc.
91,900$54.8B$596KContracting
GSAT
Globalstar, Inc.
477$273M$572KHiring ahead
LUMN
Lumen Technologies, Inc.
24,000$12.4B$517KContracting
Every Communication Services company

Questions about Verizon Communications Inc.

How many employees does Verizon Communications Inc. have?
Verizon Communications Inc. reported 89,900 employees for the fiscal year ending Dec 2025, in the annual report it filed on February 17, 2026. That is down 9.7% from a year earlier.
What is Verizon Communications Inc.'s revenue per employee?
Verizon Communications Inc. brought in $138.2B of revenue in fiscal Dec 2025, which is $1.54M per employee. That ranks 1 of 10 companies we track in Telecommunications Services, where the median is $818K.
Where do these numbers come from?
Employee counts and revenue are taken from each company's own annual report (Form 10-K). Open roles are counted from the company's public job board where we have matched one. Companies report headcount once a year, sometimes rounded, so small changes can be noise.

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Compare VZ with the rest of the market

See who earns the most per employee, who is hiring, and who is cutting, across every company we track.

Source: employee counts and revenue as stated in Verizon Communications Inc.'s annual reports (Form 10-K), latest filed February 17, 2026. This is data, not a recommendation to buy or sell VZ.