VEON (VEON) Financials

$50.03 +0.53 (+1.07%)

Closing price 05/11/2026 04:00 PM Eastern

Extended Trading

$50.03 0.00 (0.00%)

As of 05/11/2026 07:47 PM Eastern

Annual Income Statements for VEON

This table shows VEON's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-655	-4,491	-10,042	582	771	-349	674	-162	-2,065	974	532
Consolidated Net Income / (Loss)	-553	-4,583	-10,013	362	683	-316	801	-9.00	-2,450	487	591
Net Income / (Loss) Continuing Operations	-815	-6,371	-10,013	-617	582	94	120	733	687	902	591
Total Pre-Tax Income	-595	-5,736	-9,541	-248	1,132	373	464	802	866	1,119	785
Total Operating Income	524	-5,701	-9,308	554	1,865	823	1,023	1,163	765	934	1,439
Total Gross Profit	7,438	-86	-3,484	6,970	5,444	3,028	3,366	3,279	3,094	3,459	4,399
Total Revenue	9,606	2,545	-410	9,086	8,162	3,482	3,850	3,755	4,066	4,469	4,399
Total Cost of Revenue	2,168	2,631	3,074	2,116	2,718	454	484	476	972	1,010	0.00
Total Operating Expenses	6,914	5,615	5,824	6,416	4,312	2,205	2,343	2,204	2,329	2,525	2,672
Selling, General & Admin Expense	4,563	3,668	3,748	3,697	2,736	1,403	1,526	1,533	1,646	1,799	1,883
Depreciation Expense	1,550	1,439	1,491	1,339	1,512	553	605	557	527	529	578
Amortization Expense	517	497	537	495	-	177	194	221	208	199	224
Other Operating Expenses / (Income)	39	11	22	-30	-	0.00	-9.00	0.00	-	-	-22
Impairment Charge	245	-	-	858	108	62	27	-107	-6.00	3.00	9.00
Total Other Income / (Expense), net	-1,119	-35	-233	-802	0.00	-450	-559	-542	101	185	-654
Interest Expense	829	-	-	816	333	569	591	583	0.00	0.00	535
Interest & Investment Income	52	-	-	67	1.00	19	13	32	-	-	52
Other Income / (Expense), net	-342	-35	-233	-53	332	100	19	9.00	101	185	-171
Income Tax Expense	220	635	472	369	462	279	344	69	179	217	194
Net Income / (Loss) Discontinued Operations	262	1,788	-	979	101	-410	681	-742	-2,830	0.00	0.00
Net Income / (Loss) Attributable to Noncontrolling Interest	102	-92	29	-220	-	33	-127	-153	-78	-72	-59
Basic Earnings per Share	($0.37)	$1.33	-	$0.33	-	($0.20)	$0.38	($0.09)	-	-	$0.30
Weighted Average Basic Shares Outstanding	-	-	1.76B	1.76B	1.76B	1.76B	1.76B	1.76B	1.76B	1.85B	1.85B
Diluted Earnings per Share	($0.37)	$1.33	-	$0.33	-	($0.20)	$0.38	($0.09)	-	-	$0.30
Weighted Average Diluted Shares Outstanding	-	-	1.76B	1.76B	1.76B	1.76B	1.76B	1.76B	1.76B	1.85B	1.85B
Weighted Average Basic & Diluted Shares Outstanding	-	-	1.76B	1.76B	1.76B	1.76B	1.76B	1.76B	1.76B	1.85B	1.85B

No quarterly income statements for VEON are available.

This table details how cash moves in and out of VEON's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	-2,040	-922	-1,274	596	967	474	714	1,017	-1,271	-179	236
Net Cash From Operating Activities	2,033	1,875	2,475	2,515	2,830	2,443	2,638	2,738	2,131	1,159	318
Net Cash From Continuing Operating Activities	1,104	1,082	2,462	2,515	2,830	844	961	933	1,160	1,159	318
Net Income / (Loss) Continuing Operations	-595	288	328	-248	0.00	373	464	802	559	704	0.00
Depreciation Expense	1,550	2,128	2,094	2,692	-	792	826	671	729	731	811
Non-Cash Adjustments To Reconcile Net Income	-525	706	-227	-236	2,659	-321	550	-245	469	-389	-493
Net Cash From Investing Activities	-2,634	-2,671	-3,016	1,997	-1,582	-1,797	-1,122	-1,602	-2,036	-7.00	0.00
Net Cash From Continuing Investing Activities	-2,494	-1,738	-3,036	1,997	-1,582	-816	-909	-1,057	-1,020	-7.00	0.00
Net Cash From Financing Activities	-1,439	-126	-733	-3,916	-281	-103	-744	116	-1,339	-1,348	-82
Net Cash From Continuing Financing Activities	-734	-106	-733	-3,916	-281	174	-192	456	-919	-1,348	-82
Repurchase of Preferred Equity	-	-	-	-	-	-	-	-	-	-	-105
Other Financing Activities, net	2,303	-5.00	-259	0.00	-	-1.00	-279	-	-	-	23
Cash Interest Received	-	-	-	-	58	-	-	-	-	-	44

No quarterly cash flow statements for VEON are available.

This table presents VEON's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	21,193	19,484	14,102	16,059	14,551	15,921	15,083	8,218	8,036	9,215
Total Current Assets	4,550	3,164	3,110	2,499	2,850	3,553	3,981	3,158	2,813	3,113
Cash & Equivalents	2,942	1,314	1,808	1,250	1,669	2,252	3,107	1,902	1,689	1,732
Short-Term Investments	190	1,130	88	82	90	86	120	433	357	489
Accounts Receivable	685	-	577	628	572	690	456	542	448	601
Inventories, net	125	72	141	169	111	111	18	23	15	32
Current Deferred & Refundable Income Taxes	169	-	112	16	73	70	72	58	63	43
Other Current Assets	439	648	367	354	335	344	208	200	241	216
Plant, Property, & Equipment, net	6,719	6,237	4,932	7,340	6,879	6,717	0.00	0.00	0.00	0.00
Total Noncurrent Assets	9,899	5,239	6,077	6,220	670	5,651	8,254	2,162	2,207	2,345
Intangible Assets	2,257	-	5,670	5,688	-	3,244	1,960	1,619	1,510	1,549
Noncurrent Deferred & Refundable Income Taxes	343	336	197	134	186	228	274	312	368	418
Other Noncurrent Operating Assets	424	263	193	398	484	315	228	231	257	378
Other Noncurrent Nonoperating Assets	0.00	22	17	-	0.00	1,864	5,792	0.00	72	0.00
Total Liabilities & Shareholders' Equity	21,193	19,484	14,102	16,059	14,551	15,921	15,083	8,218	8,036	9,215
Total Liabilities	15,150	15,579	11,323	13,839	13,538	14,416	14,316	7,147	6,751	7,577
Total Current Liabilities	6,557	4,635	4,413	5,768	4,410	4,383	4,645	3,584	3,626	3,432
Short-Term Debt	3,046	1,268	1,289	2,585	1,255	1,242	2,844	1,692	1,666	1,102
Accounts Payable	1,744	1,544	1,624	1,847	1,946	2,031	1,087	1,200	1,276	1,442
Current Deferred & Payable Income Tax Liabilities	57	-	196	102	175	228	180	154	179	88
Other Current Liabilities	1,236	1,401	1,066	1,012	883	773	475	457	432	539
Other Current Nonoperating Liabilities	474	422	234	222	151	109	59	81	73	261
Total Noncurrent Liabilities	8,593	10,944	6,910	8,071	9,128	9,642	5,439	3,563	3,125	4,145
Noncurrent Deferred & Payable Income Tax Liabilities	331	376	180	141	127	115	36	26	27	41
Other Noncurrent Operating Liabilities	8,262	10,568	6,730	7,930	9,001	9,527	5,403	3,537	3,098	4,104
Other Noncurrent Nonoperating Liabilities	0.00	15	4.00	-	0.00	391	4,232	0.00	28	4.00
Total Equity & Noncontrolling Interests	6,043	3,890	2,779	2,220	1,013	1,505	767	1,071	1,257	1,634
Total Preferred & Common Equity	5,960	4,331	3,670	1,226	163	586	569	858	1,099	1,340
Total Common Equity	5,960	4,331	3,670	1,226	163	586	569	858	1,099	1,340
Other Equity Adjustments	5,960	4,331	3,670	1,226	163	586	569	858	1,099	1,340
Noncontrolling Interest	83	-441	-891	994	850	919	198	213	158	294

No quarterly balance sheets for VEON are available.

This table displays calculated financial ratios and metrics derived from VEON's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	1,849,190,667.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	1,849,190,667.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	0.29
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Net Operating Profit after Tax (NOPAT)	367	-3,991	-6,516	388	1,104	207	265	1,063	632	768	1,083
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	-	26.27%	39.60%
Earnings before Interest and Taxes (EBIT)	182	-5,736	-9,541	501	2,197	923	1,042	1,441	1,030	1,141	1,268
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	2,249	-3,608	-7,447	3,193	3,709	1,715	1,868	2,112	1,759	1,872	2,079
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-8,218	-574	-3,720	-198	7,394	-2,272	4,073	-944	489	1,950
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	0.00	4,227	-1,715	2,393	3,695	-3,492	-955	-3,965	-2,389	-2,110	-2,977
Increase / (Decrease) in Invested Capital	0.00	4,227	-5,942	4,108	1,302	-7,187	2,537	-3,010	1,576	279	-867
Book Value per Share	$0.00	$0.00	$2.47	$2.09	$0.70	$0.09	$0.33	$0.32	$0.49	$0.63	$0.72
Tangible Book Value per Share	$0.00	$0.00	($0.16)	($1.14)	($2.54)	$0.09	($1.51)	($0.79)	($0.43)	($0.23)	($0.11)
Total Capital	0.00	9,089	5,158	4,068	4,805	2,268	2,747	3,611	2,763	2,923	2,736
Total Debt	0.00	3,046	1,268	1,289	2,585	1,255	1,242	2,844	1,692	1,666	1,102
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	0.00	-2,265	-1,176	-607	1,253	-504	-1,096	-383	-643	-380	-1,119
Capital Expenditures (CapEx)	2,189	1,651	2,037	1,948	1,582	550	699	634	766	525	0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	-2,093	-2,647	-1,910	-2,016	-2,064	-1,926	-1,047	-1,069	-1,178	-1,438
Debt-free Net Working Capital (DFNWC)	0.00	1,039	-203	-14	-684	-305	412	2,180	1,266	868	783
Net Working Capital (NWC)	0.00	-2,007	-1,471	-1,303	-3,269	-1,560	-830	-664	-426	-798	-319
Net Nonoperating Expense (NNE)	920	592	3,497	26	421	523	-536	1,072	3,082	281	492
Net Nonoperating Obligations (NNO)	0.00	-1,816	-5,605	-386	1,475	-4,505	-2,460	-4,732	-3,460	-3,367	-4,611
Total Depreciation and Amortization (D&A)	2,067	2,128	2,094	2,692	1,512	792	826	671	729	731	811
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	($7.00)	$0.00	$9.00	($5.00)	$0.00	($0.09)	($1.44)	$0.23	$0.30
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	70.27M	70.27M	70.27M	70.27M	0.00	1.76B	1.76B	1.85B	1.85B
Adjusted Diluted Earnings per Share	$0.00	$0.00	($7.00)	$0.00	$9.00	($5.00)	$0.00	($0.09)	($1.44)	$0.23	$0.30
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	70.27M	70.27M	70.27M	70.27M	0.00	1.76B	1.76B	1.85B	1.85B
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	($7.00)	$0.00	$9.00	($5.00)	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	70.27M	70.27M	70.27M	70.27M	0.00	1.76B	1.76B	1.85B	1.85B
Normalized Net Operating Profit after Tax (NOPAT)	538	-3,991	-6,497	1,028	1,142	627	735	965	627	770	1,090
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-

No quarterly metrics and ratios for VEON are available.

Financials Breakdown Chart

VEON Financials - Frequently Asked Questions

According to the most recent income statement we have on file, VEON's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

VEON's net income appears to be on a downward trend, with a most recent value of $591 million in 2025, falling from -$553 million in 2015. The previous period was $487 million in 2024. View VEON's forecast to see where analysts expect VEON to go next.

VEON's total operating income in 2025 was $1.44 billion, based on the following breakdown:

Total Gross Profit: $4.40 billion
Total Operating Expenses: $2.67 billion

Over the last 10 years, VEON's total revenue changed from $9.61 billion in 2015 to $4.40 billion in 2025, a change of -54.2%.

VEON's total liabilities were at $7.58 billion at the end of 2025, a 12.2% increase from 2024, and a 50.0% decrease since 2016.

In the past 9 years, VEON's cash and equivalents has ranged from $1.25 billion in 2019 to $3.11 billion in 2022, and is currently $1.73 billion as of their latest financial filing in 2025.

Over the last 10 years, VEON's book value per share changed from 0.00 in 2015 to 0.72 in 2025, a change of 72.5%.

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Financial statements for NASDAQ:VEON last updated on 3/19/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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VEON (VEON) Financials

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VEON (VEON) Financials

Annual Income Statements for VEON

Quarterly Income Statements for VEON

Annual Cash Flow Statements for VEON

Quarterly Cash Flow Statements for VEON

Annual Balance Sheets for VEON

Quarterly Balance Sheets for VEON

Annual Metrics And Ratios for VEON

Quarterly Metrics And Ratios for VEON

Financials Breakdown Chart

VEON Financials - Frequently Asked Questions

When does VEON's fiscal year end?

How has VEON's net income changed over the last 10 years?

What is VEON's operating income?

How has VEON's revenue changed over the last 10 years?

How much debt does VEON have?

How much cash does VEON have?

How has VEON's book value per share changed over the last 10 years?

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