Verizon Communications (VZ) Free Cash Flow (2009 - 2026)
Verizon Communications (VZ) posted quarterly Free Cash Flow of $3.8 billion for Q1 2026, up 4.01% YoY from $3.6 billion in Q1 2025, and down 13.35% sequentially from $4.4 billion in Q4 2025.
Verizon Communications (VZ) Free Cash Flow (2009 - 2026) Analysis & Trends
Verizon Communications has disclosed Free Cash Flow across 18 years of filings, most recently posting $3.8 billion for Q1 2026.
- In Q1 2026, Free Cash Flow rose 4.01% year-over-year to $3.8 billion; the TTM figure through Mar 2026 stood at $20.3 billion (down 2.31% YoY), while the FY2025 annual figure was $20.1 billion, up 1.53% from the prior year.
- Free Cash Flow eased to $3.8 billion in Q1 2026, from $4.4 billion in the prior quarter.
- Over the last five years, Free Cash Flow for VZ reached as high as $7.0 billion in Q3 2025 and fell as low as $1.0 billion in Q1 2022.
- The 5-year median for Free Cash Flow is $5.2 billion (2025), against an average of $4.5 billion.
- Annual changes were most pronounced in 2022 — Free Cash Flow plunged 80.77% — and 2023, when it surged 144.54%.
- A 5-year view of Free Cash Flow shows it stood at $1.7 billion in 2022, then surged by 144.54% to $4.1 billion in 2023, then surged by 31.59% to $5.4 billion in 2024, then slipped by 18.56% to $4.4 billion in 2025, then retreated by 13.35% to $3.8 billion in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered $3.8 billion, $4.4 billion, and $7.0 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (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 | 4.60 Bn |
| 3 | Verizon Communications | 176.65 Bn | 169.60 Bn | 27.94 Bn | 3.78 Bn |
| 4 | At&T | 143.78 Bn | 133.82 Bn | 25.25 Bn | 2.72 Bn |
| 5 | Telecom Argentina | 27.29 Bn | -708.89 Bn | - | - |
| 6 | Charter Communications | 17.55 Bn | 21.72 Bn | - | 1.45 Bn |
| 7 | Millicom International Cellular | 15.13 Bn | 13.99 Bn | - | 759.00 Mn |
| 8 | Globalstar | 10.40 Bn | 10.04 Bn | 46.63 Mn | 30.74 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 | 380.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.78 Bn |
| Mar 31, 2026 | 3.78 Bn |
| Dec 31, 2025 | 4.37 Bn |
| Dec 31, 2025 | 4.37 Bn |
| Sep 30, 2025 | 6.96 Bn |
| Sep 30, 2025 | 6.96 Bn |
| Jun 30, 2025 | 5.17 Bn |
| Jun 30, 2025 | 5.17 Bn |
| Mar 31, 2025 | 3.64 Bn |
| Mar 31, 2025 | 3.64 Bn |
| Dec 31, 2024 | 5.36 Bn |
| Dec 31, 2024 | 5.36 Bn |
| Sep 30, 2024 | 5.96 Bn |
| Sep 30, 2024 | 5.96 Bn |
| Jun 30, 2024 | 5.79 Bn |
| Jun 30, 2024 | 5.79 Bn |
| Mar 31, 2024 | 2.71 Bn |
| Mar 31, 2024 | 2.71 Bn |
| Dec 31, 2023 | 4.07 Bn |
| Dec 31, 2023 | 4.07 Bn |