Verizon Communications (VZ) EBITDA (2009 - 2026)
Verizon Communications (VZ) posted EBITDA of $12.19 billion for Q2 2026, down 4.8% from $12.81 billion a year earlier and down 7.2% from the prior quarter.
Verizon Communications (VZ) EBITDA (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBITDA at Verizon Communications was $47.57 billion, down 0.2% year-over-year; for FY2025, it came in at $47.61 billion, up 2.2% from FY2024.
- Annual EBITDA shows a five-year compound annual growth rate of 0.9% (FY2020 to FY2025).
- In prior years, Verizon Communications' EBITDA was $46.58 billion in FY2024 (+15.0%), $40.5 billion in FY2023 (-14.9%), $47.57 billion in FY2022 (-2.2%) and $48.65 billion in FY2021 (+6.9%).
- Quarterly EBITDA has run from a low of $5.12 billion in Q4 2023 to a high of $13.13 billion in Q1 2026 over five years.
- On a year-over-year basis, EBITDA increased in five of the last eight quarters, with growth averaging 16.4%.
- The strongest year-over-year quarter for EBITDA in the past five years was Q4 2024, with growth of 133.1%; the weakest was Q4 2023, with a decline of 55.3%.
- According to Business Quant data, EBITDA for the three prior quarters was $13.13 billion (Q1 2026), $9.52 billion (Q4 2025) and $12.72 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 191.08 Bn | 155.48 Bn | 27.03 Bn | 12.19 Bn |
| 2 | T-Mobile US | 175.17 Bn | 159.92 Bn | 14.76 Bn | 8.92 Bn |
| 3 | At&T | 167.81 Bn | 115.76 Bn | 25.82 Bn | 12.00 Bn |
| 4 | Grupo Televisa, S.A.B | 146.22 Bn | 134.85 Bn | 318.12 Mn | -151.78 Mn |
| 5 | Comcast | 76.40 Bn | 40.65 Bn | - | 8.85 Bn |
| 6 | Chunghwa Telecom | 35.35 Bn | 31.20 Bn | 728.80 Mn | - |
| 7 | EchoStar | 26.08 Bn | 17.22 Bn | 1.65 Bn | 683.48 Mn |
| 8 | AST SpaceMobile | 23.11 Bn | 23.62 Bn | 7.95 Mn | -300.48 Mn |
| 9 | Bce | 18.79 Bn | 17.12 Bn | - | - |
| 10 | Telefonica Brasil | 18.18 Bn | 12.18 Bn | 1.42 Bn | -273.89 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.19 Bn |
| Mar 31, 2026 | 13.13 Bn |
| Dec 31, 2025 | 9.52 Bn |
| Sep 30, 2025 | 12.72 Bn |
| Jun 30, 2025 | 12.81 Bn |
| Mar 31, 2025 | 12.56 Bn |
| Dec 31, 2024 | 11.93 Bn |
| Sep 30, 2024 | 10.38 Bn |
| Jun 30, 2024 | 12.30 Bn |
| Mar 31, 2024 | 11.97 Bn |
| Dec 31, 2023 | 5.12 Bn |
| Sep 30, 2023 | 11.90 Bn |
| Jun 30, 2023 | 11.58 Bn |
| Mar 31, 2023 | 11.90 Bn |
| Dec 31, 2022 | 11.44 Bn |
| Sep 30, 2022 | 12.22 Bn |
| Jun 30, 2022 | 11.87 Bn |
| Mar 31, 2022 | 12.03 Bn |
| Dec 31, 2021 | 11.66 Bn |
| Sep 30, 2021 | 12.87 Bn |
Verizon Communications EBITDA 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=ebitda&ticker=VZ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "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=ebitda&ticker=VZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();