Verizon Communications (VZ) Construction in Progress (2009 - 2026)

Verizon Communications (VZ) reported Construction in Progress of $6.3 billion for Q1 2026, down 32.98% year-over-year from $9.4 billion in Q1 2025, and down 10.0% quarter-over-quarter from $7.0 billion in Q4 2025.

Verizon Communications (VZ) Construction in Progress (2009 - 2026) Analysis & Trends

Verizon Communications (VZ) has 18 years of Construction in Progress data on file, last reported at $6.3 billion in Q1 2026.

  • Construction in Progress for Q1 2026 came in at $6.3 billion, down 32.98% year-over-year; the trailing twelve-month figure through Mar 2026 was $6.3 billion (down 32.98% YoY), and the FY2025 annual result was $7.0 billion, down 30.69% from the prior year.
  • Construction in Progress declined to $6.3 billion in Q1 2026 per VZ's latest filing, from $7.0 billion in the prior quarter.
  • Over five years, Construction in Progress peaked at $53.2 billion in Q1 2022 and troughed at $6.3 billion in Q1 2026.
  • A 5-year average of $22.9 billion and a median of $13.9 billion in 2024 frame the typical range for Construction in Progress.
  • The sharpest annual moves came in 2022 and 2024: Construction in Progress dropped 0.56% in 2022, then sank 69.27% in 2024.
  • A 5-year view of Construction in Progress shows it stood at $41.7 billion in 2022, then tumbled by 64.03% to $15.0 billion in 2023, then sank by 32.67% to $10.1 billion in 2024, then tumbled by 30.69% to $7.0 billion in 2025, then dropped by 10.0% to $6.3 billion in 2026.
  • Business Quant data shows VZ's Construction in Progress at $6.3 billion in Q1 2026, $7.0 billion in Q4 2025, and $7.9 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Construction in Progress (Qtr)
1 Bce 382.57 Bn 381.58 Bn - -
2 T-Mobile US 195.94 Bn 192.42 Bn 17.62 Bn -
3 Verizon Communications 190.78 Bn 183.73 Bn 27.94 Bn 6.30 Bn
4 At&T 159.64 Bn 149.68 Bn 25.25 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 -
7 Chunghwa Telecom 109.39 Bn 107.21 Bn 719.92 Mn -
8 Millicom International Cellular 106.22 Bn 104.67 Bn - -
9 Veon 82.81 Bn 80.59 Bn - -
10 EchoStar 33.61 Bn 33.48 Bn 3.13 Bn -

Historic Data

Download Data
DateValue
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
Jun 30, 2021 53.50 Bn