Verizon Communications (VZ) Capital Expenditures (2009 - 2026)
Verizon Communications (VZ) posted Capital Expenditures of $4.01 billion for Q2 2026, up 5.3% from $3.81 billion a year earlier but down 4.6% from the prior quarter.
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Analysis
Verizon Communications (VZ) Capital Expenditures (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Capital Expenditures at Verizon Communications was $17.27 billion, up 1.7% year-over-year; for FY2025, it was $17.01 billion, down 0.5% from FY2024.
- Annual Capital Expenditures has declined for three consecutive years, with a five-year compound annual growth rate of -1.3% (FY2020 to FY2025).
- In prior years, Verizon Communications' Capital Expenditures was $17.09 billion in FY2024 (-8.9%), $18.77 billion in FY2023 (-18.7%), $23.09 billion in FY2022 (+13.8%) and $20.29 billion in FY2021 (+11.5%).
- Quarterly Capital Expenditures has run from a low of $3.7 billion in Q2 2024 to a high of $7.28 billion in Q4 2022 over five years.
- On a year-over-year basis, Capital Expenditures increased in five of the last eight quarters, with growth averaging 1.7%.
- The strongest year-over-year quarter for Capital Expenditures in the past five years was Q4 2021, with growth of 59.7%; the weakest was Q4 2023, with a decline of 36.7%.
- According to Business Quant data, Capital Expenditures for the three prior quarters was $4.2 billion (Q1 2026), $4.75 billion (Q4 2025) and $4.31 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 190.70 Bn | 155.11 Bn | 27.03 Bn | 4.01 Bn |
| 2 | T-Mobile US | 175.28 Bn | 160.03 Bn | 14.76 Bn | 2.70 Bn |
| 3 | At&T | 167.47 Bn | 115.42 Bn | 25.82 Bn | 5.70 Bn |
| 4 | Grupo Televisa, S.A.B | 141.87 Bn | 130.50 Bn | 318.12 Mn | - |
| 5 | Comcast | 76.96 Bn | 41.21 Bn | - | 2.90 Bn |
| 6 | Chunghwa Telecom | 35.31 Bn | 31.16 Bn | 728.80 Mn | -167.60 Mn |
| 7 | EchoStar | 25.94 Bn | 17.08 Bn | 1.65 Bn | 92.30 Mn |
| 8 | AST SpaceMobile | 22.90 Bn | 23.41 Bn | 7.95 Mn | 597.62 Mn |
| 9 | Bce | 18.99 Bn | 17.31 Bn | - | -780.76 Mn |
| 10 | Telefonica Brasil | 18.28 Bn | 12.27 Bn | 1.42 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.01 Bn |
| Mar 31, 2026 | 4.20 Bn |
| Dec 31, 2025 | 4.75 Bn |
| Sep 30, 2025 | 4.31 Bn |
| Jun 30, 2025 | 3.81 Bn |
| Mar 31, 2025 | 4.15 Bn |
| Dec 31, 2024 | 5.07 Bn |
| Sep 30, 2024 | 3.95 Bn |
| Jun 30, 2024 | 3.70 Bn |
| Mar 31, 2024 | 4.38 Bn |
| Dec 31, 2023 | 4.60 Bn |
| Sep 30, 2023 | 4.09 Bn |
| Jun 30, 2023 | 4.11 Bn |
| Mar 31, 2023 | 5.96 Bn |
| Dec 31, 2022 | 7.28 Bn |
| Sep 30, 2022 | 5.32 Bn |
| Jun 30, 2022 | 4.67 Bn |
| Mar 31, 2022 | 5.82 Bn |
| Dec 31, 2021 | 6.43 Bn |
| Sep 30, 2021 | 5.15 Bn |
API Access
Verizon Communications Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=VZ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "VZ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=VZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();