Verizon Communications (VZ) Construction in Progress (2009 - 2026)
Verizon Communications (VZ) posted Construction in Progress of $5.6 billion for Q2 2026, down 34.9% from $8.6 billion a year earlier and down 11.1% from the prior quarter.
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Analysis
Verizon Communications (VZ) Construction in Progress (2009 - 2026) Analysis & Trends
At the end of FY2025, Verizon Communications' Construction in Progress came in at $7 billion, down 30.7% from FY2024.
- Annual Construction in Progress has declined for four consecutive years, though with a five-year compound annual growth rate of 1.8% (FY2020 to FY2025).
- In prior years, Verizon Communications' Construction in Progress was $10.1 billion in FY2024 (-32.7%), $15 billion in FY2023 (-64.0%), $41.7 billion in FY2022 (-24.0%) and $54.9 billion in FY2021 (+757.8%).
- The Q2 2026 figure stands as the lowest quarterly Construction in Progress since Q2 2020.
- On a year-over-year basis, Construction in Progress has declined in each of the last 18 quarters, with an average decline of 33.7% over the last eight quarters.
- The strongest year-over-year quarter for Construction in Progress in the past five years was Q4 2021, with growth of 757.8%; the weakest was Q2 2024, with a decline of 69.3%.
- According to Business Quant data, Construction in Progress for the three prior quarters was $6.3 billion (Q1 2026), $7 billion (Q4 2025) and $7.9 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 190.70 Bn | 155.11 Bn | 27.03 Bn | 5.60 Bn |
| 2 | T-Mobile US | 175.28 Bn | 160.03 Bn | 14.76 Bn | - |
| 3 | At&T | 167.47 Bn | 115.42 Bn | 25.82 Bn | - |
| 4 | Grupo Televisa, S.A.B | 141.87 Bn | 130.50 Bn | 318.12 Mn | - |
| 5 | Comcast | 76.96 Bn | 41.21 Bn | - | - |
| 6 | Chunghwa Telecom | 35.31 Bn | 31.16 Bn | 728.80 Mn | - |
| 7 | EchoStar | 25.94 Bn | 17.08 Bn | 1.65 Bn | - |
| 8 | AST SpaceMobile | 22.90 Bn | 23.41 Bn | 7.95 Mn | 1.81 Bn |
| 9 | Bce | 18.99 Bn | 17.31 Bn | - | - |
| 10 | Telefonica Brasil | 18.28 Bn | 12.27 Bn | 1.42 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 |
API Access
Verizon Communications Construction in Progress API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=construction-in-progress&ticker=VZ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "construction-in-progress", "ticker": "VZ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=construction-in-progress&ticker=VZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();