VEON Ltd.

VEON Ltd.

VEON
VEON Ltd.US flagNASDAQ
82.18
USD
-1.02
- -
5.66BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
228.31
192.81
137.31
127
135.41
129.86
115.61
49.89
54.81
53.54
52.65
57
62.99
68.61
Basic EPS, GAAP
-37.54
-9.25
-9.36
33.28
-7.22
8.32
8.88
-5
9.6
-2.31
-35.99
5.91
7.62
0.85
Free Cash Flow per Basic Share
49.31
25.42
-2.49
3.2
6.26
8.1
19.52
25.23
25.34
22.06
19.15
3.46
5.78
16.84
Dividend per Share
57.99
1.02
0.87
0.87
7.4
7.26
7.43
3.71
- -
- -
- -
- -
- -
- -
Book Value per Share
5.57
2.86
2.15
3.41
2.48
2.1
0.7
0.09
0.33
0.32
0.49
0.62
0.78
0.88
Tangible Book Value per Share
-8.47
-7.43
-1.53
-0.57
-1.4
-1.14
-2.55
-2.28
-1.51
-0.79
-0.43
-0.23
-0.12
-0.22
Basic Weighted Avg Shares
70
70
70
70
70
70
70
70
70
70
70
70
70
69
Sales/Revenue/Turnover
15,966
13,486
9,606
8,885
9,474
9,086
8,089
3,482
3,850
3,755
3,698
4,004
4,399
4,758
Operating Margin (%)
16.43
22.02
8.94
15.24
17.08
16.52
25.59
26.34
27.4
26.55
24.09
24.55
24.37
23.98
Depreciation Expense
3,053
2,643
2,067
2,128
2,094
2,692
1,953
792
799
671
729
731
811
843
Net Income, GAAP
-2,625
-647
-655
2,328
-505
582
621
-349
674
-162
-2,528
415
532
59
Effective Tax Rate (%)
- -
159.47
- -
220.49
143.9
- -
44.25
74.8
74.14
8.6
32.02
30.82
24.71
64.04
Profit Margin (%)
-16.44
-4.8
-6.82
26.2
-5.33
6.41
7.68
-10.02
17.51
-4.31
-68.36
10.36
12.09
1.24
Working Capital
-2,740
-933
-496
-2,007
-709
-1,303
-3,269
-1,560
643
896
-426
-769
-323
-124
LT Debt
26,802
23,936
8,095
8,070
10,362
6,567
7,759
8,832
9,404
5,336
3,464
3,028
4,043
4,417
Total Equity
9,078
3,976
3,894
6,043
3,890
2,779
2,220
1,013
1,505
767
1,071
1,257
1,634
1,921
Return on Invested Capital (%)
- -
-5.54
- -
-12.33
-4.91
- -
9.65
1.9
2.28
8.39
7.77
10.8
12.33
5.75
Return on Capital (%)
- -
-3.23
- -
9.47
-6.25
- -
9.03
-2.02
6.02
2.07
-29.59
11.26
13.76
3.03
Return on Common Equity (%)
-21.89
-8.78
-14.94
47.88
-9.81
14.55
25.37
-50.25
179.97
-28.05
-354.31
42.41
43.62
3.92

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,102
1,419
1,436
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,719
1,731
1,722
Market Capitalization
90,378
80,147
89,881

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,113
3,120
3,705
Cash, Cash Equivalents & STI
2,221
2,183
2,689
Accounts Receivable, Net
249
304
331
Inventories
32
29
32
Total Current Liabilities
3,436
3,629
3,829
Payables & Accruals
1,712
1,595
1,811
ST Debt
1,102
1,419
1,436
Deferred Revenue
217
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.3%
17.3%
29.99%
Free Cash Flow
2.53%
-8.15%
66.26%
Net Income, GAAP
1.32%
191.02%
28.19%
Sales/Revenue/Turnover
-4.82%
4.94%
9.87%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
942
1,027
1,037
998
4,004
2025
1,026
1,087
1,115
1,171
4,399
2026
1,201
1,271
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.75
1.26
2.94
- -
5.91
2025
1.4
8.54
-1.91
- -
7.62
2026
1.42
1.75
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Muhterem Kaan Terzioglu
Full Time Employees
18,938
Sector
Communication Services
Industry
Telecommunications Services
Address
Index Tower (East Tower) Dubai AB United Arab Emirates 1082 MD
IPO Date
Nov 15, 1996
Website
veon.com
Business
VEON operates as a digital telecommunications and services provider, delivering converged connectivity and innovative digital solutions to a substantial customer base exceeding 150 million individuals and businesses. With its footprint spanning five dynamic markets across Europe and Asia, which collectively represent over 520 million people, VEON focuses on empowering communities by offering a diverse portfolio of technology-driven services that include mobile financial platforms, entertainment content, health applications, and educational tools. The company's shares are exclusively traded on NASDAQ, underscoring its strategic emphasis on fostering digital inclusion and stimulating economic growth within its operating regions.

Company News

  • VEON Advances Buyback Program, Cancels Shares

  • JazzCash Wins Silver Award for Innovation in InsurTech at Money20/20 USA 2026

  • VEON Accelerates Telecom Market Consolidation in Uzbekistan, a Market of Nearly 40 Million People

  • In less than one year, Starlink Mobile Connects 11 Million People Across VEON's Three High Growth Markets

  • VEON Brings Starlink's Satellite-to-Mobile Service to South Asia with Banglalink launch

  • VEON to Report 3Q26 Results on November 6, 2026

  • VEON Ltd. (NASDAQ:VEON) Stock Has Average Target Price of $90.33

  • VEON and Amdocs Enter 10-Year Strategic Agreement to Advance Digital Services powered by Amdocs' AI technology

  • FingerMotion (NASDAQ:FNGR) versus VEON (NASDAQ:VEON) Head to Head Contrast

  • VEON (VEON) Soars 6.6%: Is Further Upside Left in the Stock?

  • VEON (NASDAQ:VEON) Stock Price Down 6.8% – Should You Sell?

  • VEON's Beeline Kazakhstan Becomes First Operator in Country to Launch Starlink's Satellite to Mobile Service

  • VEON and Banglalink Convene Global Investors in New York to Advance “Invest in Bangladesh NOW!”

  • MeetKai Takes Sovereign AI built on NVIDIA to Six Countries

  • MeetKai Takes Sovereign AI built on NVIDIA to Six Countries

  • VEON and Square Group Receive Bangladesh Bank Approval for Digital Bank License

  • VEON Capital Markets Day 2026

  • VEON (NASDAQ:VEON) Sets New 12-Month High – Still a Buy?

  • VEON increases Share Buyback and Accelerates share cancellations

  • JazzCash Named Finalist for Digitising Government Welfare Disbursement and Insurtech at The Money Awards 2026