Verizon Communications (VZ) Construction in Progress (2009 - 2026)
Verizon Communications (VZ) posted quarterly Construction in Progress of $6.3 billion for Q1 2026, down 32.98% YoY from $9.4 billion in Q1 2025, and down 10.0% sequentially from $7.0 billion in Q4 2025.
Verizon Communications (VZ) Construction in Progress (2009 - 2026) Analysis & Trends
Verizon Communications has disclosed Construction in Progress across 18 years of filings, most recently posting $6.3 billion for Q1 2026.
- In Q1 2026, Construction in Progress fell 32.98% year-over-year to $6.3 billion; the TTM figure through Mar 2026 stood at $6.3 billion (down 32.98% YoY), while the FY2025 annual figure was $7.0 billion, down 30.69% from the prior year.
- Construction in Progress retreated to $6.3 billion in Q1 2026, from $7.0 billion in the prior quarter.
- Over the last five years, Construction in Progress for VZ reached as high as $53.2 billion in Q1 2022 and fell as low as $6.3 billion in Q1 2026.
- The 5-year median for Construction in Progress is $13.9 billion (2024), against an average of $22.9 billion.
- Annual changes were most pronounced in 2022 — Construction in Progress dropped 0.56% — and 2024, when it tumbled 69.27%.
- A 5-year view of Construction in Progress shows it stood at $41.7 billion in 2022, then sank by 64.03% to $15.0 billion in 2023, then tumbled by 32.67% to $10.1 billion in 2024, then sank by 30.69% to $7.0 billion in 2025, then dropped by 10.0% to $6.3 billion in 2026.
- According to Business Quant data, Construction in Progress over the past three periods registered $6.3 billion, $7.0 billion, and $7.9 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 1,360.11 Bn | 465.10 Bn | - | - |
| 2 | T-Mobile US | 190.40 Bn | 186.88 Bn | 17.62 Bn | - |
| 3 | Verizon Communications | 176.65 Bn | 169.60 Bn | 27.94 Bn | 6.30 Bn |
| 4 | At&T | 143.78 Bn | 133.82 Bn | 25.25 Bn | - |
| 5 | Telecom Argentina | 27.29 Bn | -708.89 Bn | - | - |
| 6 | Charter Communications | 17.55 Bn | 21.72 Bn | - | - |
| 7 | Millicom International Cellular | 15.13 Bn | 13.99 Bn | - | - |
| 8 | Globalstar | 10.40 Bn | 10.04 Bn | 46.63 Mn | - |
| 9 | Sify Technologies | 7.22 Bn | 7.17 Bn | 54.72 Mn | - |
| 10 | Lumen Technologies | 7.15 Bn | 5.53 Bn | 1.46 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |