Verizon Communications (VZ) Capital Expenditures (2009 - 2026)
Verizon Communications (VZ) posted quarterly Capital Expenditures of $4.0 billion for Q2 2026, up 5.28% year-over-year from $3.8 billion in Q2 2025, and down 4.57% on a QoQ basis from $4.2 billion in Q1 2026.
Verizon Communications (VZ) Capital Expenditures (2009 - 2026) Analysis & Trends
Verizon Communications has reported Capital Expenditures for 18 years, with the latest figure at $4.0 billion in Q2 2026.
- Capital Expenditures for Q2 2026 came in at $4.0 billion, up 5.28% year-over-year; the trailing twelve-month figure through Jun 2026 was $17.3 billion (up 1.74% YoY), and the FY2025 annual result was $17.0 billion, changed 0.46% from the prior year.
- Capital Expenditures eased to $4.0 billion in Q2 2026, 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.
- The widest annual swing landed in 2022, when Capital Expenditures advanced 29.53%; it then slumped 36.74% in 2023.
- A 5-year view of Capital Expenditures shows it stood at $7.3 billion in 2022, then slumped by 36.74% to $4.6 billion in 2023, then increased by 10.17% to $5.1 billion in 2024, then slipped by 6.37% to $4.7 billion in 2025, then fell by 15.56% to $4.0 billion in 2026.
- Per Business Quant data, the three most recent Capital Expenditures figures were $4.0 billion in Q2 2026, $4.2 billion in Q1 2026, and $4.7 billion in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 205.49 Bn | 203.74 Bn | 27.03 Bn | 4.01 Bn |
| 2 | T-Mobile US | 197.55 Bn | 194.73 Bn | 17.74 Bn | 2.70 Bn |
| 3 | Grupo Televisa, S.A.B | 196.57 Bn | 194.86 Bn | 318.12 Mn | - |
| 4 | At&T | 175.53 Bn | 157.96 Bn | 25.25 Bn | 5.70 Bn |
| 5 | Chunghwa Telecom | 33.63 Bn | 31.06 Bn | 728.80 Mn | -167.60 Mn |
| 6 | EchoStar | 25.28 Bn | 23.78 Bn | 1.65 Bn | 92.30 Mn |
| 7 | Bce | 22.13 Bn | 22.13 Bn | - | 780.76 Mn |
| 8 | Rogers Communications | 19.68 Bn | 18.44 Bn | 1.77 Bn | 695.00 Mn |
| 9 | Telefonica Brasil | 18.45 Bn | 18.45 Bn | 1.32 Bn | - |
| 10 | Charter Communications | 18.11 Bn | 17.60 Bn | - | 2.87 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.01 Bn |
| Jun 30, 2026 | 4.01 Bn |
| Mar 31, 2026 | 4.20 Bn |
| Mar 31, 2026 | 4.20 Bn |
| Dec 31, 2025 | 4.75 Bn |
| Dec 31, 2025 | 4.75 Bn |
| Sep 30, 2025 | 4.31 Bn |
| Sep 30, 2025 | 4.31 Bn |
| Jun 30, 2025 | 3.81 Bn |
| Jun 30, 2025 | 3.81 Bn |
| Mar 31, 2025 | 4.15 Bn |
| Mar 31, 2025 | 4.15 Bn |
| Dec 31, 2024 | 5.07 Bn |
| Dec 31, 2024 | 5.07 Bn |
| Sep 30, 2024 | 3.95 Bn |
| Sep 30, 2024 | 3.95 Bn |
| Jun 30, 2024 | 3.70 Bn |
| Jun 30, 2024 | 3.70 Bn |
| Mar 31, 2024 | 4.38 Bn |
| Mar 31, 2024 | 4.38 Bn |