Verizon Communications (VZ) Deferred Taxes (2009 - 2026)
Verizon Communications (VZ) reported Deferred Taxes of $703.0 million for Q1 2026, up 432.58% year-over-year from $132.0 million in Q1 2025, and up 32.39% quarter-over-quarter from $531.0 million in Q4 2025.
Verizon Communications (VZ) Deferred Taxes (2009 - 2026) Analysis & Trends
Verizon Communications (VZ) has 18 years of Deferred Taxes data on file, last reported at $703.0 million in Q1 2026.
- Deferred Taxes for Q1 2026 came in at $703.0 million, up 432.58% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.9 billion (up 261.17% YoY), and the FY2025 annual result was $2.3 billion, up 187.12% from the prior year.
- Deferred Taxes improved to $703.0 million in Q1 2026 per VZ's latest filing, from $531.0 million in the prior quarter.
- Over five years, Deferred Taxes peaked at $1.7 billion in Q3 2025 and troughed at -$37.0 million in Q2 2025.
- A 5-year average of $542.3 million and a median of $331.0 million in 2023 frame the typical range for Deferred Taxes.
- On a YoY basis, Deferred Taxes climbed as much as 4997.14% in 2025 and fell as far as 126.24% in 2025.
- A 5-year view of Deferred Taxes shows it stood at $1.4 billion in 2022, then rose by 13.64% to $1.6 billion in 2023, then tumbled by 63.73% to $568.0 million in 2024, then dropped by 6.51% to $531.0 million in 2025, then jumped by 32.39% to $703.0 million in 2026.
- Business Quant data shows VZ's Deferred Taxes at $703.0 million in Q1 2026, $531.0 million in Q4 2025, and $1.7 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Bce | 382.57 Bn | 381.58 Bn | - | - |
| 2 | T-Mobile US | 195.94 Bn | 192.42 Bn | 17.62 Bn | 682.00 Mn |
| 3 | Verizon Communications | 190.78 Bn | 183.73 Bn | 27.94 Bn | 703.00 Mn |
| 4 | At&T | 159.64 Bn | 149.68 Bn | 25.25 Bn | - |
| 5 | Telefonica Brasil | 146.21 Bn | 144.47 Bn | 1.32 Bn | 313.30 Mn |
| 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 | -28.58 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 703.00 Mn |
| Dec 31, 2025 | 531.00 Mn |
| Sep 30, 2025 | 1.71 Bn |
| Jun 30, 2025 | -37.00 Mn |
| Mar 31, 2025 | 132.00 Mn |
| Dec 31, 2024 | 568.00 Mn |
| Sep 30, 2024 | -35.00 Mn |
| Jun 30, 2024 | 141.00 Mn |
| Mar 31, 2024 | 141.00 Mn |
| Dec 31, 2023 | 1.57 Bn |
| Sep 30, 2023 | 189.00 Mn |
| Jun 30, 2023 | 302.00 Mn |
| Mar 31, 2023 | 331.00 Mn |
| Dec 31, 2022 | 1.38 Bn |
| Sep 30, 2022 | 81.00 Mn |
| Jun 30, 2022 | 887.00 Mn |
| Mar 31, 2022 | 627.00 Mn |
| Dec 31, 2021 | 1.29 Bn |
| Sep 30, 2021 | 992.00 Mn |
| Jun 30, 2021 | 1.22 Bn |