Verizon Communications (VZ) Construction in Progress (2009 - 2026)
Verizon Communications (VZ) posted quarterly Construction in Progress of $5.6 billion for Q2 2026, down 34.88% year-over-year from $8.6 billion in Q2 2025, and down 11.11% on a QoQ basis from $6.3 billion in Q1 2026.
Verizon Communications (VZ) Construction in Progress (2009 - 2026) Analysis & Trends
Verizon Communications has reported Construction in Progress for 18 years, with the latest figure at $5.6 billion in Q2 2026.
- Construction in Progress for Q2 2026 came in at $5.6 billion, down 34.88% year-over-year; the trailing twelve-month figure through Jun 2026 was $5.6 billion (down 34.88% YoY), and the FY2025 annual result was $7.0 billion, down 30.69% from the prior year.
- Construction in Progress declined to $5.6 billion in Q2 2026, 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.
- The widest annual swing landed in 2022, when Construction in Progress decreased 0.56%; it then sank 69.27% in 2024.
- A 5-year view of Construction in Progress shows it stood at $41.7 billion in 2022, then slumped by 64.03% to $15.0 billion in 2023, then plunged by 32.67% to $10.1 billion in 2024, then slumped by 30.69% to $7.0 billion in 2025, then slipped by 20.0% to $5.6 billion in 2026.
- Per Business Quant data, the three most recent Construction in Progress figures were $5.6 billion in Q2 2026, $6.3 billion in Q1 2026, and $7.0 billion in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 205.36 Bn | 203.61 Bn | 27.03 Bn | 5.60 Bn |
| 2 | T-Mobile US | 196.43 Bn | 193.61 Bn | 17.74 Bn | - |
| 3 | Grupo Televisa, S.A.B | 190.22 Bn | 188.51 Bn | 318.12 Mn | - |
| 4 | At&T | 174.94 Bn | 157.37 Bn | 25.25 Bn | - |
| 5 | Chunghwa Telecom | 33.60 Bn | 31.03 Bn | 728.80 Mn | - |
| 6 | EchoStar | 25.24 Bn | 23.74 Bn | 1.65 Bn | - |
| 7 | Bce | 22.16 Bn | 22.16 Bn | - | - |
| 8 | Rogers Communications | 19.61 Bn | 18.36 Bn | 1.77 Bn | - |
| 9 | Telefonica Brasil | 18.11 Bn | 18.11 Bn | 1.32 Bn | - |
| 10 | Charter Communications | 17.77 Bn | 17.26 Bn | - | - |
Historic Data
Download 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 |