Verizon Communications (VZ) Capital Expenditures (2009 - 2026)

Verizon Communications (VZ) reported Capital Expenditures of $4.2 billion for Q1 2026, up 1.35% year-over-year from $4.1 billion in Q1 2025, and down 11.52% quarter-over-quarter from $4.7 billion in Q4 2025.

Verizon Communications (VZ) Capital Expenditures (2009 - 2026) Analysis & Trends

Verizon Communications (VZ) has 18 years of Capital Expenditures data on file, last reported at $4.2 billion in Q1 2026.

  • Capital Expenditures for Q1 2026 came in at $4.2 billion, up 1.35% year-over-year; the trailing twelve-month figure through Mar 2026 was $17.1 billion (up 1.23% YoY), and the FY2025 annual result was $17.0 billion, changed 0.46% from the prior year.
  • Capital Expenditures slipped to $4.2 billion in Q1 2026 per VZ's latest filing, from $4.7 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 $4.4 billion in 2024 frame the typical range for Capital Expenditures.
  • The sharpest annual moves came in 2022 and 2023: Capital Expenditures grew 29.53% in 2022, then slumped 36.74% in 2023.
  • A 5-year view of Capital Expenditures shows it stood at $7.3 billion in 2022, then tumbled by 36.74% to $4.6 billion in 2023, then grew by 10.17% to $5.1 billion in 2024, then decreased by 6.37% to $4.7 billion in 2025, then fell by 11.52% to $4.2 billion in 2026.
  • Business Quant data shows VZ's Capital Expenditures at $4.2 billion in Q1 2026, $4.7 billion in Q4 2025, and $4.3 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Bce 382.57 Bn 381.58 Bn - -613.26 Mn
2 T-Mobile US 195.94 Bn 192.42 Bn 17.62 Bn 2.62 Bn
3 Verizon Communications 190.78 Bn 183.73 Bn 27.94 Bn 4.20 Bn
4 At&T 159.64 Bn 149.68 Bn 25.25 Bn 4.88 Bn
5 Telefonica Brasil 146.21 Bn 144.47 Bn 1.32 Bn -
6 America Movil Sab De Cv 128.31 Bn 126.27 Bn 10.13 Bn 1.23 Bn
7 Chunghwa Telecom 109.39 Bn 107.21 Bn 719.92 Mn -143.97 Mn
8 Millicom International Cellular 106.22 Bn 104.67 Bn - -169.00 Mn
9 Veon 82.81 Bn 80.59 Bn - -
10 EchoStar 33.61 Bn 33.48 Bn 3.13 Bn 133.44 Mn

Historic Data

Download Data
DateValue
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
Dec 31, 2023 4.60 Bn
Dec 31, 2023 4.60 Bn