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| Date | Value |
|---|---|
| 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 |