Advertising expenses of verizon communications

Verizon Communications Advertising expenses 2007-2021

Amounts are in $millions.

Year Advertising expenses ($m)
2021$3,394
2020$3,107
2019$3,071
2018$2,682 
2017$2,643
2016$2,744
2015$2,749
2014$2,526
2013$2,438
2012 $2,381
2011$2,523  
2010$2,451  
2009$3,020
2008$2,754
2007$2,463

2021: 2021 was the best financial year for Verizon when the company generated $133.6 billion in net revenue and $22.6 billion in net income. The company spent $3,394 million on advertising in 2021 compared to $3,107 million in 2020. Its total operating expenses for 2021 remained $101,165 million or 1.7% higher than the prior year.

2018: Advertising expenses of Verizon communications grew to $2,682  million in 2018 from $2,643 million in 2017.