Verizon Communications (VZ) Free Cash Flow (2009 - 2026)
Verizon Communications' (VZ) quarterly Free Cash Flow came in at $6.4 billion in Q2 2026, up 24.37% year-over-year from $5.2 billion in Q2 2025, and up 69.87% quarter-over-quarter from $3.8 billion in Q1 2026.
Analysis
Verizon Communications (VZ) Free Cash Flow (2009 - 2026) Analysis & Trends
Verizon Communications (VZ) has reported Free Cash Flow for 18 consecutive years, with $6.4 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Free Cash Flow rose 24.37% year-over-year to $6.4 billion in Q2 2026; TTM through Jun 2026 was $21.5 billion, a 6.97% increase from a year earlier, with the FY2025 full-year figure at $20.1 billion, up 1.53% from the prior year.
- Free Cash Flow was $6.4 billion for Q2 2026 at Verizon Communications, up from $3.8 billion in the prior quarter.
- Over five years, Free Cash Flow peaked at $7.0 billion in Q3 2025 and troughed at $1.0 billion in Q1 2022.
- A 5-year average of $4.6 billion and a median of $5.2 billion in 2022 frame the typical range for Free Cash Flow.
- Across the five-year window, Free Cash Flow tumbled 80.77% in 2022 and jumped 144.54% in 2023, its largest moves.
- Over 5 years, Free Cash Flow stood at $1.7 billion in 2022, then jumped by 144.54% to $4.1 billion in 2023, then jumped by 31.59% to $5.4 billion in 2024, then decreased by 18.56% to $4.4 billion in 2025, then soared by 47.18% to $6.4 billion in 2026.
- The last three Free Cash Flow figures came in at $6.4 billion (Q2 2026), $3.8 billion (Q1 2026), and $4.4 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 210.23 Bn | 209.76 Bn | 27.03 Bn | 6.43 Bn |
| 2 | T-Mobile US | 195.97 Bn | 193.15 Bn | 17.74 Bn | 4.80 Bn |
| 3 | At&T | 178.50 Bn | 176.92 Bn | 25.25 Bn | 5.10 Bn |
| 4 | Chunghwa Telecom | 34.81 Bn | 32.72 Bn | 728.80 Mn | 322.51 Mn |
| 5 | Bce | 21.79 Bn | 21.68 Bn | - | 2.34 Bn |
| 6 | Rogers Communications | 19.56 Bn | 22.86 Bn | 1.77 Bn | 1.60 Bn |
| 7 | Telefonica Brasil | 18.93 Bn | 17.25 Bn | 1.42 Bn | - |
| 8 | Millicom International Cellular | 16.34 Bn | 15.39 Bn | - | 972.00 |
| 9 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 14.80 Bn | -40,057.20 Bn | - | - |
| 10 | Telus | 14.09 Bn | 13.57 Bn | - | 1.73 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.43 Bn |
| Mar 31, 2026 | 3.78 Bn |
| Dec 31, 2025 | 4.37 Bn |
| Sep 30, 2025 | 6.96 Bn |
| Jun 30, 2025 | 5.17 Bn |
| Mar 31, 2025 | 3.64 Bn |
| Dec 31, 2024 | 5.36 Bn |
| Sep 30, 2024 | 5.96 Bn |
| Jun 30, 2024 | 5.79 Bn |
| Mar 31, 2024 | 2.71 Bn |
| Dec 31, 2023 | 4.07 Bn |
| Sep 30, 2023 | 6.68 Bn |
| Jun 30, 2023 | 5.62 Bn |
| Mar 31, 2023 | 2.33 Bn |
| Dec 31, 2022 | 1.67 Bn |
| Sep 30, 2022 | 5.21 Bn |
| Jun 30, 2022 | 6.17 Bn |
| Mar 31, 2022 | 1.00 Bn |
| Dec 31, 2021 | 1.95 Bn |
| Sep 30, 2021 | 5.58 Bn |