VEON Ltd.

VEON Ltd.

VEON
VEON Ltd.US flagNASDAQ
64.21
USD
-2.04
- -
4.45BMarket 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
0.87
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
-0.21
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
1,731
Market Capitalization
90,378
80,147
90,377

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 to Release 3Q26 Earnings on November 6, 2026, Capital Markets Day Scheduled for November 16, 2026

  • Are Investors Undervaluing VEON (VEON) Right Now?

  • 3 Communication Stocks Likely to Brave Industry Headwinds

  • VEON's Banglalink Receives Bangladesh Bank Approval to Launch Digital Payment Service Mukto Pay

  • Wall Street Analysts Predict a 43.88% Upside in VEON (VEON): Here's What You Should Know

  • VEON (VEON) Is Attractively Priced Despite Fast-paced Momentum

  • VEON Ltd. (VEON) Q2 2026 Earnings Call Transcript

  • VEON Q2 Earnings Call Highlights

  • Veon raises outlook, flags digital investments in Ukraine

  • VEON Reports 2Q26 Results | Digital Revenue Climbs 53.6%; VEON Raises 2026 Revenue and EBITDA Outlook

  • VEON Reports 2Q26 Results | Digital Revenue Climbs 53.6%; VEON Raises 2026 Revenue and EBITDA Outlook

  • Brokerages Set VEON Ltd. (NASDAQ:VEON) PT at $72.00

  • VEON's Banglalink Demonstrates the Power of Digital Ecosystems with Record FIFA World Cup 2026 Engagement

  • JazzCash Named Among the World's Top Fintech Companies by CNBC and Statista

  • VEON and JazzWorld Acquire TPL Insurance to Expand Digital Insurance Access Across Pakistan

  • VEON to Report 2Q26 Results on July 31, 2026

  • VEON Group CEO Meets with Kazakh President Tokayev, Reaffirms Commitment to ‘Digital Qazaqstan Strategy'

  • VEON and Mastercard Join Forces to Accelerate Accessibility of Financial Services

  • VEON's USD 250 Million Anchor Investment Aims to Attract USD 1 Billion for Bangladesh

  • Kyivstar Signs MoU with Ukraine's Ministry of Economy to Accelerate AI Infrastructure and Digital Growth