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VEON (VEON) Revenue & Revenue Breakdown

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VEON Revenue Highlights

Latest Revenue (Y)

$3.70B

Latest Revenue (Q)

$953.00M

Main Segment (Y)

Service1

VEON Revenue by Period

VEON Revenue by Year

DateRevenueChange
2023-12-31$3.70B-1.52%
2022-12-31$3.75B-51.78%
2021-12-31$7.79B-2.41%
2020-12-31$7.98B-9.96%
2019-12-31$8.86B-2.45%
2018-12-31$9.09B-4.10%
2017-12-31$9.47B6.63%
2016-12-31$8.88B-7.69%
2015-12-31$9.63B-50.96%
2014-12-31$19.63B-12.95%
2013-12-31$22.55B-2.22%
2012-12-31$23.06B13.88%
2011-12-31$20.25B92.62%
2010-12-31$10.51B20.80%
2009-12-31$8.70B-13.98%
2008-12-31$10.12B41.08%
2007-12-31$7.17B47.31%
2006-12-31$4.87B-

VEON generated $3.70B in revenue during NA 2023, up -1.52% compared to the previous quarter, and up 40.70% compared to the same period a year ago.

VEON Revenue by Quarter

DateRevenueChange
2023-12-31$953.00M0.85%
2023-09-30$945.00M3.17%
2023-06-30$916.00M3.62%
2023-03-31$884.00M-5.96%
2022-12-31$940.00M-54.74%
2022-09-30$2.08B3.44%
2022-06-30$2.01B10.15%
2022-03-31$1.82B-11.16%
2021-12-31$2.05B2.34%
2021-09-30$2.00B-2.91%
2021-06-30$2.06B3.82%
2021-03-31$1.99B-0.50%
2020-12-31$2.00B0.30%
2020-09-30$1.99B5.34%
2020-06-30$1.89B-9.78%
2020-03-31$2.10B-6.97%
2019-12-31$2.25B1.35%
2019-09-30$2.22B-1.64%
2019-06-30$2.26B6.45%
2019-03-31$2.12B-5.56%
2018-12-31$2.25B-2.93%
2018-09-30$2.32B2.07%
2018-06-30$2.27B0.89%
2018-03-31$2.25B-3.02%
2017-12-31$2.32B-5.54%
2017-09-30$2.46B1.61%
2017-06-30$2.42B5.96%
2017-03-31$2.28B-3.10%
2016-12-31$2.35B-0.76%
2016-09-30$2.37B10.02%
2016-06-30$2.16B6.57%
2016-03-31$2.02B-12.08%
2015-12-31$2.30B-5.77%
2015-09-30$2.44B-35.04%
2015-06-30$3.76B6.94%
2015-03-31$3.52B-19.93%
2014-12-31$4.39B-14.67%
2014-09-30$5.14B1.54%
2014-06-30$5.07B0.86%
2014-03-31$5.02B-9.51%
2013-12-31$5.55B-2.34%
2013-09-30$5.68B-0.58%
2013-06-30$5.72B2.27%
2013-03-31$5.59B-6.03%
2012-12-31$5.95B3.53%
2012-09-30$5.75B0.03%
2012-06-30$5.75B2.24%
2012-03-31$5.62B-4.66%
2011-12-31$5.89B-3.28%
2011-09-30$6.09B10.14%
2011-06-30$5.53B101.69%
2011-03-31$2.74B-2.59%
2010-12-31$2.82B-0.31%
2010-09-30$2.82B6.92%
2010-06-30$2.64B18.40%
2010-03-31$2.23B-3.36%
2009-12-31$2.31B1.44%
2009-09-30$2.28B6.07%
2009-06-30$2.15B8.74%
2009-03-31$1.97B-

VEON generated $953.00M in revenue during Q4 2023, up 0.85% compared to the previous quarter, and up 45.88% compared to the same period a year ago.

VEON Revenue Breakdown

VEON Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 22Dec 21Dec 20Dec 19
Equipment And Accessories$28.00M$508.00M$392.00M$465.00M
Service1$3.60B$7.15B$7.47B$8.24B
Other Revenue$127.00M$133.00M$117.00M$158.00M

VEON's latest annual revenue breakdown by segment (product or service), as of Dec 22: Service1 (95.87%), Other Revenue (3.38%), and Equipment And Accessories (0.75%).

VEON Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
TLKPerusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk$149.22T$37.43T
TEOTelecom Argentina$5.44T$674.07B
AMXAmérica Móvil$816.01B$203.30B
PHIPLDT$210.95B$54.22B
TKCTurkcell Iletisim Hizmetleri A.S.$107.12B$30.82B
LBRDALiberty Broadband$54.61B$246.00M
VIVTelefônica Brasil$52.10B$13.55B
TEFTelefónica$40.65B$10.14B
TIMBTIM$23.83B$6.10B
LBTYALiberty Global$7.49B$1.94B
VEONVEON$3.70B$953.00M
ATNIATN$762.22M$178.45M
WOWWideOpenWest$686.70M$158.00M
SHENShenandoah Telecommunications Company$287.38M$85.80M
TDSTelephone and Data Systems$-63.00M$1.22B

VEON Revenue FAQ

What is VEON’s yearly revenue?

VEON's yearly revenue for 2023 was $3.7B, representing a decrease of -1.52% compared to 2022. The company's yearly revenue for 2022 was $3.76B, representing a decrease of -51.78% compared to 2021. VEON's yearly revenue for 2021 was $7.79B, representing a decrease of -2.41% compared to 2020.

What is VEON’s quarterly revenue?

VEON's quarterly revenue for Q4 2023 was $953M, a 0.85% increase from the previous quarter (Q3 2023), and a 1.38% increase year-over-year (Q4 2022). The company's quarterly revenue for Q3 2023 was $945M, a 3.17% increase from the previous quarter (Q2 2023), and a -54.50% decrease year-over-year (Q3 2022). VEON's quarterly revenue for Q2 2023 was $916M, a 3.62% increase from the previous quarter (Q1 2023), and a -54.38% decrease year-over-year (Q2 2022).

What is VEON’s revenue growth rate?

VEON's revenue growth rate for the last 3 years (2021-2023) was -52.52%, and for the last 5 years (2019-2023) was -58.28%.

What are VEON’s revenue streams?

VEON's revenue streams in c 22 are Equipment And Accessories, Service1, and Other Revenue. Equipment And Accessories generated $28M in revenue, accounting 0.75% of the company's total revenue, down -94.49% year-over-year. Service1 generated $3.6B in revenue, accounting 95.87% of the company's total revenue, down -49.63% year-over-year. Other Revenue generated $127M in revenue, accounting 3.38% of the company's total revenue, down -4.51% year-over-year.

What is VEON’s main source of revenue?

For the fiscal year ending Dec 22, the largest source of revenue of VEON was Service1. This segment made a revenue of $3.6B, representing 95.87% of the company's total revenue.