VEON - NASDAQ

VEON Ltd.

VEON·NASDAQ

$52.61

-1.2%

Communication ServicesTelecommunications Services

VEON is a digital operator that provides converged connectivity and digital services to nearly 160 million customers. Operating across six countries that are home to more than 7% of the world’s population, VEON is transforming lives through technology-driven services that empower individuals and drive economic growth. VEON is listed on NASDAQ. For more information, visit: https://www.veon.com.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$3.64B

EPS7.5000

P/E Ratio7.01

Earnings Date08/06/2026

4.47B

Revenue

12%

3Y+19.0%

5Y+29.0%

10Y-50.0%

541.13M

Net Income

30%

3Y-434.0%

5Y-255.0%

10Y-77.0%

1.38B

Operating Cash Flow

20%

3Y-46.0%

5Y-44.0%

10Y-28.0%

VEON Ltd. Profit Bridge

VEON · NASDAQ

Revenue & Cost of Sales

Revenue4.47B

Cost of Goods Sold (1.35B)

Gross Profit3.12B

Operating Expenses

Operating Expenses (2.08B)

Operating Income1.04B

Other Income & Taxes

Interest Expense (544.18M)

Other Income/Expense-245.14M

Pretax Income798.48M

Income Tax (197.33M)

Net Income541.13M

Net Income

541.13M

Profitability Analysis

Gross Margin

69.8%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

23.3%

Healthy operating margins demonstrate effective cost control and strong business fundamentals.

Net Profit Margin

12.1%

Strong net margins indicate efficient operations and favorable tax/interest management.

Effective Tax Rate

24.7%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.

VEON Ltd. Income Statement

VEON • NASDAQ

VEON Ltd. Income Statement	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007	Dec 2006
REVENUE
Revenue	4.5B	4B	3.7B	3.8B	3.9B	3.5B	8.1B	9.1B	9.5B	8.9B	9.6B	13.5B	16B	23.1B	20.3B	10.5B	8.7B	10.1B	7.2B	4.9B
GROSS PROFIT
Cost of Revenue	(1.4B)	(515M)	(441M)	(476M)	(484M)	(454M)	(1.8B)	(2.1B)	(2.1B)	(2B)	(2.2B)	(3.2B)	(4B)	(6.1B)	(5.6B)	(2.5B)	(2B)	(2.4B)	(1.3B)	(890.7M)
Gross Profit	3.1B	3.5B	3.3B	3.3B	3.4B	3B	6.2B	7B	7.3B	6.9B	7.4B	10.3B	11.9B	16.9B	14.6B	8B	6.7B	7.8B	5.9B	4B
OPERATING INCOME
Operating Expenses	(2.1B)	(2.4B)	(2.3B)	(2.1B)	(2.3B)	(2.2B)	(4.3B)	(6.4B)	(5.9B)	(5.8B)	(6.9B)	(8.4B)	(12.5B)	(12.8B)	(11.2B)	(5.2B)	(4.1B)	(4.8B)	(3.6B)	(2.6B)
Selling, General & Administrative	(2.1B)	(1.7B)	(1.6B)	(1.5B)	(1.5B)	(1.4B)	(2.6B)	(3.5B)	(3.5B)	(3.4B)	(4.3B)	(4.4B)	(5.9B)	(6.8B)	(6.3B)	(3.1B)	(2.4B)	(2.8B)	(2.2B)	(1.5B)
Operating Income	1B	1.1B	929M	1.2B	1B	823M	1.9B	554M	1.5B	1.1B	524M	1.9B	2.6B	4.8B	2.9B	2.8B	2.6B	2.5B	2.2B	1.4B
PRE-TAX INCOME
Interest Expense	(544.2M)	(495M)	(531M)	(583M)	(591M)	(569M)	(876M)	(816M)	(935M)	(830M)	(829M)	(1.1B)	(2.2B)	(2B)	(1.6B)	(536M)	(598.5M)	(495.6M)	(194.8M)	(186.4M)
Net Interest Income	-491.3M	-446M	-471M	-551M	-578M	-550M	-824M	-749M	-840M	-761M	-777M	-1B	-2.1B	-1.9B	-1.5B	-467M	-546.8M	-424M	-161.8M	-170.9M
Other Expenses	(0.0)	(648M)	(756M)	(613M)	(867M)	(845M)	(1.8B)	(2.9B)	(2.3B)	(2.4B)	(2.6B)	(4B)	(0.0)	(0.0)	(4.9B)	(2.1B)	(1.7B)	(1.9B)	(1.4B)	(1.1B)
Total Other Income Expenses Net	-245.1M	-406M	-370M	-361M	-559M	-450M	-821M	-802M	-1.1B	-796M	-1.1B	-1.5B	-4.3B	-2.5B	-2B	-347M	-1B	-1.6B	-85.8M	-185.2M
Income Before Tax	798.5M	704M	559M	802M	464M	373M	1B	-248M	328M	288M	-595M	375M	-1.6B	2.3B	854M	2.4B	1.6B	891.2M	2.1B	1.2B
NET INCOME
Income Tax Expense	(197.3M)	(217M)	(179M)	(69M)	(344M)	(279M)	(462M)	(369M)	(472M)	(635M)	(220M)	(598M)	(1.8B)	(906M)	(585M)	(574M)	(435M)	(303.9M)	(593.9M)	(390.7M)
Net Income	541.1M	415M	-2.5B	-162M	674M	-349M	622M	582M	-505M	2.3B	-655M	-647M	-2B	1.5B	543M	1.8B	1.1B	524.3M	1.5B	811.5M

SEC Filings

VEON - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
6-K 6-K 2026 Q2 Q2	June 02, 2026	June 02, 2026	2026	View Filing
6-K 6-K 2026 Q2 Q2	May 20, 2026	May 19, 2026	2026	View Filing
6-K 6-K 2026 Q2 Q2	May 20, 2026	May 20, 2026	2026	View Filing
6-K 6-K 2026 Q2 Q2	May 18, 2026	May 18, 2026	2026	View Filing
6-K 6-K 2026 Q1 Q1	May 14, 2026	March 31, 2026	2026	View Filing
6-K 6-K 2026 Q1 Q1	May 13, 2026	March 31, 2026	2026	View Filing
6-K 6-K 2026 Q2 Q2	May 11, 2026	May 11, 2026	2026	View Filing
6-K 6-K 2026 Q2 Q2	April 27, 2026	April 27, 2026	2026	View Filing
6-K 6-K 2025 Q4 Q4	April 23, 2026	December 31, 2025	2025	View Filing
6-K 6-K 2026 Q1 Q1	March 31, 2026	March 31, 2026	2026	View Filing

Showing 1 to 10 of 543 filings

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