Verizon Communications (VZ) Construction in Progress (2009 - 2026)
Verizon Communications' (VZ) quarterly Construction in Progress came in at $5.6 billion in Q2 2026, down 34.88% year-over-year from $8.6 billion in Q2 2025, and down 11.11% quarter-over-quarter from $6.3 billion in Q1 2026.
Analysis
Verizon Communications (VZ) Construction in Progress (2009 - 2026) Analysis & Trends
Verizon Communications (VZ) has reported Construction in Progress for 18 consecutive years, with $5.6 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Construction in Progress fell 34.88% year-over-year to $5.6 billion in Q2 2026; TTM through Jun 2026 was $5.6 billion, a 34.88% decrease from a year earlier, with the FY2025 full-year figure at $7.0 billion, down 30.69% from the prior year.
- Construction in Progress was $5.6 billion for Q2 2026 at Verizon Communications, down from $6.3 billion in the prior quarter.
- Over five years, Construction in Progress peaked at $53.2 billion in Q1 2022 and troughed at $5.6 billion in Q2 2026.
- A 5-year average of $22.0 billion and a median of $12.8 billion in 2024 frame the typical range for Construction in Progress.
- Across the five-year window, Construction in Progress slipped 0.56% in 2022 and slumped 69.27% in 2024, its largest moves.
- Over 5 years, Construction in Progress stood at $41.7 billion in 2022, then plunged by 64.03% to $15.0 billion in 2023, then slumped by 32.67% to $10.1 billion in 2024, then plunged by 30.69% to $7.0 billion in 2025, then retreated by 20.0% to $5.6 billion in 2026.
- The last three Construction in Progress figures came in at $5.6 billion (Q2 2026), $6.3 billion (Q1 2026), and $7.0 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 208.02 Bn | 206.27 Bn | 27.03 Bn | 5.60 Bn |
| 2 | T-Mobile US | 191.59 Bn | 188.77 Bn | 17.74 Bn | - |
| 3 | At&T | 177.47 Bn | 159.90 Bn | 25.25 Bn | - |
| 4 | Chunghwa Telecom | 34.55 Bn | 31.97 Bn | 728.80 Mn | - |
| 5 | Rogers Communications | 20.60 Bn | 23.90 Bn | 1.77 Bn | - |
| 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 | - | - |
| 9 | Telus | 13.92 Bn | 12.82 Bn | - | - |
| 10 | Kt | 9.50 Bn | 10.94 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.60 Bn |
| Mar 31, 2026 | 6.30 Bn |
| Dec 31, 2025 | 7.00 Bn |
| Sep 30, 2025 | 7.90 Bn |
| Jun 30, 2025 | 8.60 Bn |
| Mar 31, 2025 | 9.40 Bn |
| Dec 31, 2024 | 10.10 Bn |
| Sep 30, 2024 | 11.30 Bn |
| Jun 30, 2024 | 11.80 Bn |
| Mar 31, 2024 | 13.90 Bn |
| Dec 31, 2023 | 15.00 Bn |
| Sep 30, 2023 | 22.10 Bn |
| Jun 30, 2023 | 38.40 Bn |
| Mar 31, 2023 | 38.90 Bn |
| Dec 31, 2022 | 41.70 Bn |
| Sep 30, 2022 | 45.40 Bn |
| Jun 30, 2022 | 49.10 Bn |
| Mar 31, 2022 | 53.20 Bn |
| Dec 31, 2021 | 54.90 Bn |
| Sep 30, 2021 | 54.80 Bn |