Verizon Communications VZ
NYSE VZ
$50.60 +0.64 (+1.28%)
At close: Sep 11, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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