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
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