Financials in USD. Standardized financial statements.
A compact view of how VEON Ltd. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $4.47B | $4.00B | $3.70B | $3.75B | $3.85B | $3.48B | $8.05B | $9.09B | $9.47B | $8.88B |
| Revenue Growth? | +11.8% | +8.3% | -1.5% | -2.5% | +10.6% | -56.8% | -11.4% | -4.1% | +6.6% | 0.0% |
| Cost of Revenue? | $1.35B | $515.00M | $441.00M | $476.00M | $484.00M | $454.00M | $1.84B | $2.12B | $2.14B | $1.99B |
| Gross Profit? | $3.12B | $3.49B | $3.26B | $3.28B | $3.37B | $3.03B | $6.21B | $6.97B | $7.33B | $6.90B |
| Gross Margin? | +69.8% | +87.1% | +88.1% | +87.3% | +87.4% | +87.0% | +77.1% | +76.7% | +77.4% | +77.7% |
| Operating Expenses? | $2.08B | $2.38B | $2.33B | $2.12B | $2.34B | $2.21B | $4.34B | $6.42B | $5.87B | $5.82B |
| Operating Income? | $1.04B | $1.11B | $929.00M | $1.16B | $1.02B | $823.00M | $1.86B | $554.00M | $1.47B | $1.08B |
| EBITDA? | $1.86B | $1.48B | $1.39B | $1.64B | $1.84B | $1.73B | $3.47B | $3.09B | $3.59B | $3.23B |
| Income Before Tax | $798.48M | $704.00M | $559.00M | $802.00M | $464.00M | $373.00M | $1.04B | -$248.00M | $328.00M | $288.00M |
| Income Tax Expense | $197.33M | $217.00M | $179.00M | $69.00M | $344.00M | $279.00M | $462.00M | $369.00M | $472.00M | $635.00M |
| Net Income? | $541.13M | $415.00M | -$2.53B | -$162.00M | $674.00M | -$349.00M | $622.01M | $582.00M | -$505.00M | $2.33B |
| EPS? | $7.50 | $5.86 | $-35.93 | $-2.25 | $9.61 | $-4.99 | $8.89 | $-9.99 | $-7.24 | $7.87 |
| Diluted EPS? | $7.50 | $5.73 | $-36.00 | $-2.25 | $9.57 | $-4.99 | $8.89 | $-9.99 | $-7.24 | $7.87 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality