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.