--- title: "Verizon: Competitors" description: "Verizon compared with companies that share its SEC industry classification: revenue, growth and margins from SEC filings, and how the peer group is chosen." canonical: https://www.getswoopr.com/stocks/companies/verizon/competitors/ source: "Swoopr Investment: https://www.getswoopr.com" --- # Verizon: Competitors & Industry Structure ## Direct Answer SEC EDGAR classifies Verizon under SIC code 4813 (Telephone Communications (No Radiotelephone)). Among Swoopr's S&P 500 Equal Weight companies, 9 others share that classification; by latest reported revenue, Verizon ranks 1 of 10. A filing classification is a starting point: a company's real competitors depend on its segments, which its 10-K describes. ## How Does Verizon Compare With Its Peers? | Company | Revenue (latest FY) | Revenue growth | Operating margin | Net margin | | --- | --- | --- | --- | --- | | **Verizon (VZ)** | $138 billion FY2025 | 2.5% | 21.2% | 12.7% | | [AT&T (T)](https://www.getswoopr.com/stocks/companies/at-and-t/) | $126 billion FY2025 | 2.7% | 19.2% | 17.5% | | [IDT Corporation (IDT)](https://www.getswoopr.com/stocks/companies/idt-corporation/) | $1.2 billion FY2025 | 2.1% | 8.2% | 6.2% | | [ATN International Inc. (ATNI)](https://www.getswoopr.com/stocks/companies/atn-international-inc/) | $728 million FY2025 | -0.2% | 3.9% | -3.2% | | [Shenandoah Telecommunications Co (SHEN)](https://www.getswoopr.com/stocks/companies/shenandoah-telecommunications-co/) | $358 million FY2025 | 9.1% | -6.5% | -9.2% | | [iQSTEL Inc. (IQST)](https://www.getswoopr.com/stocks/companies/iqstel-inc/) | $317 million FY2025 | 11.9% | -1.3% | -2.7% | | [Crexendo Inc. (CXDO)](https://www.getswoopr.com/stocks/companies/crexendo-inc/) | $68 million FY2025 | 12.0% | 6.9% | 7.4% | | [SurgePays Inc. (SURG)](https://www.getswoopr.com/stocks/companies/surgepays-inc/) | $57 million FY2025 | -6.4% | -59.9% | -63.3% | | [NextPlat Corp (NXPL)](https://www.getswoopr.com/stocks/companies/nextplat-corp/) | $54 million FY2025 | -17.8% | -16.6% | -0.0% | | [Anterix Inc. (ATEX)](https://www.getswoopr.com/stocks/companies/anterix-inc/) | $7 million FY2026 | 7.8% | 1444.9% | 1.4% | Revenue growth compares each company's latest fiscal year with the one before. Fiscal years do not always end on the same date, so treat close comparisons with care. ![Bar chart of operating margin for Verizon and 7 peers: Verizon (VZ) 21.2%, AT&T (T) 19.2%, IDT Corporation (IDT) 8.2%, ATN International Inc. (ATNI) 3.9%, Shenandoah Telecommunications Co (SHEN) -6.5%, iQSTEL Inc. (IQST) -1.3%, Crexendo Inc. (CXDO) 6.9%, SurgePays Inc. (SURG) -59.9%.](https://www.getswoopr.com/images/charts/verizon-competitors-peer-margins.webp) *Operating margin of Verizon against companies sharing its SEC industry classification, from the table above. Select the chart to open it full size.* ## How Does Verizon Rank Among All SEC Filers in Its Industry Code? 10 companies with annual reports in Swoopr's SEC dataset share SIC code 4813 (Telephone Communications (No Radiotelephone)), a wider group than the S&P 500 Equal Weight companies above. Ranks run from 1 (highest) and use each company's latest fiscal year, in U.S. dollars. | Measure | Verizon | Median of filers | Rank | | --- | --- | --- | --- | | Revenue | $138 billion | $337 million | 1 of 10 | | Revenue growth | 2.5% | 2.6% | 6 of 10 | | Operating margin | 21.2% | 5.4% | 2 of 10 | | Net margin | 12.7% | 0.7% | 2 of 10 | A SIC code reflects the filer's main business as the SEC records it, so the group mixes companies of very different size; the median is a better guide than the average, and a rank near the top by revenue says nothing about quality. ## Where These Numbers Come From Every figure on this page is a value Verizon reported in its own SEC filings, read from the SEC's XBRL data (accession 0000732712-26-000007 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 12, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary. Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation. ## Frequently Asked Questions ### Who are Verizon's competitors? Companies sharing Verizon's SEC classification (SIC code 4813 (Telephone Communications (No Radiotelephone))) include AT&T (T), IDT Corporation (IDT), ATN International Inc. (ATNI), Shenandoah Telecommunications Co (SHEN), iQSTEL Inc. (IQST). Its 10-K names the competitors it considers most relevant. ### How does Verizon compare with its peers on margins? Verizon's fiscal 2025 operating margin was 21.2%, against a peer median of 3.9%. ### How are these peers chosen? By the SEC Standard Industrial Classification code each company files under, within Swoopr's S&P 500 Equal Weight company set, falling back to the two-digit major group when fewer than two companies share the exact code. Classification codes are broad, so read the peer list as a screen, not a verdict. ### How does Verizon rank among all companies in its SEC industry? Among 10 SEC filers under SIC code 4813, Verizon ranks 1 by latest revenue, and 2 of 10 by operating margin (21.2% against a median of 5.4%). ## References - [SEC EDGAR: VERIZON COMMUNICATIONS INC Form 10-K filed February 17, 2026](https://www.sec.gov/Archives/edgar/data/732712/000073271226000007/vz-20251231.htm) - [SEC EDGAR: VERIZON COMMUNICATIONS INC annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=732712&type=10-K) - [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces) ## Related Pages - [Verizon company dossier](https://www.getswoopr.com/stocks/companies/verizon/) - [Verizon financial metrics](https://www.getswoopr.com/stocks/companies/verizon/metrics/) - [Verizon financial risk indicators](https://www.getswoopr.com/stocks/companies/verizon/risks/) - [Verizon peer comparison](https://www.getswoopr.com/stocks/companies/verizon/competitors/) - [Verizon business model and revenue mix](https://www.getswoopr.com/stocks/companies/verizon/business-model/) - [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/) **[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)** Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. We do not provide personalized financial advice. See our [editorial policy](https://www.getswoopr.com/legal/editorial-policy/) and [corrections policy](https://www.getswoopr.com/legal/corrections-policy/).