Verizon Communications (VZ) Capital Expenditures (2009 - 2026)
Verizon Communications' (VZ) quarterly Capital Expenditures came in at $4.0 billion in Q2 2026, up 5.28% year-over-year from $3.8 billion in Q2 2025, and down 4.57% quarter-over-quarter from $4.2 billion in Q1 2026.
Analysis
Verizon Communications (VZ) Capital Expenditures (2009 - 2026) Analysis & Trends
Verizon Communications (VZ) has reported Capital Expenditures for 18 consecutive years, with $4.0 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Capital Expenditures rose 5.28% year-over-year to $4.0 billion in Q2 2026; TTM through Jun 2026 was $17.3 billion, a 1.74% increase from a year earlier, with the FY2025 full-year figure at $17.0 billion, changed 0.46% from the prior year.
- Capital Expenditures was $4.0 billion for Q2 2026 at Verizon Communications, down from $4.2 billion in the prior quarter.
- Over five years, Capital Expenditures peaked at $7.3 billion in Q4 2022 and troughed at $3.7 billion in Q2 2024.
- A 5-year average of $4.7 billion and a median of $4.3 billion in 2024 frame the typical range for Capital Expenditures.
- Across the five-year window, Capital Expenditures climbed 29.53% in 2022 and tumbled 36.74% in 2023, its largest moves.
- Over 5 years, Capital Expenditures stood at $7.3 billion in 2022, then plunged by 36.74% to $4.6 billion in 2023, then climbed by 10.17% to $5.1 billion in 2024, then retreated by 6.37% to $4.7 billion in 2025, then dropped by 15.56% to $4.0 billion in 2026.
- The last three Capital Expenditures figures came in at $4.0 billion (Q2 2026), $4.2 billion (Q1 2026), and $4.7 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 208.02 Bn | 206.27 Bn | 27.03 Bn | 4.01 Bn |
| 2 | T-Mobile US | 191.59 Bn | 188.77 Bn | 17.74 Bn | 2.70 Bn |
| 3 | At&T | 177.47 Bn | 159.90 Bn | 25.25 Bn | 5.70 Bn |
| 4 | Chunghwa Telecom | 34.55 Bn | 31.97 Bn | 728.80 Mn | -322.51 Mn |
| 5 | Rogers Communications | 20.60 Bn | 23.90 Bn | 1.77 Bn | -502.43 Mn |
| 6 | Telefonica Brasil | 19.16 Bn | 17.48 Bn | 1.42 Bn | - |
| 7 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 14.85 Bn | -56,572.15 Bn | - | - |
| 8 | Bce | 14.36 Bn | 14.24 Bn | - | -780.76 Mn |
| 9 | Telus | 13.92 Bn | 12.82 Bn | - | - |
| 10 | Kt | 9.50 Bn | 10.94 Bn | - | 3.68 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 |