Verizon Communications (VZ) Invested Capital (2009 - 2026)

Verizon Communications (VZ) reported Invested Capital of $105.2 billion for Q1 2026, down 1.68% year-over-year from $107.0 billion in Q1 2025, and down 1.05% quarter-over-quarter from $106.4 billion in Q4 2025.

Verizon Communications (VZ) Invested Capital (2009 - 2026) Analysis & Trends

Verizon Communications (VZ) has 18 years of Invested Capital data on file, last reported at $105.2 billion in Q1 2026.

  • Invested Capital for Q1 2026 came in at $105.2 billion, down 1.68% year-over-year; the trailing twelve-month figure through Mar 2026 was $105.2 billion (down 1.68% YoY), and the FY2025 annual result was $106.4 billion, up 18.54% from the prior year.
  • Invested Capital eased to $105.2 billion in Q1 2026 per VZ's latest filing, from $106.4 billion in the prior quarter.
  • Over five years, Invested Capital peaked at $111.1 billion in Q3 2025 and troughed at -$3.3 billion in Q1 2022.
  • A 5-year average of $64.4 billion and a median of $89.7 billion in 2024 frame the typical range for Invested Capital.
  • The sharpest annual moves came in 2023 and 2025: Invested Capital surged 75677.04% in 2023, then sank 119.44% in 2025.
  • A 5-year view of Invested Capital shows it stood at $135.0 million in 2022, then surged by 75677.04% to $102.3 billion in 2023, then dropped by 12.29% to $89.7 billion in 2024, then gained by 18.54% to $106.4 billion in 2025, then slipped by 1.05% to $105.2 billion in 2026.
  • Business Quant data shows VZ's Invested Capital at $105.2 billion in Q1 2026, $106.4 billion in Q4 2025, and $111.1 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Bce 382.57 Bn 381.58 Bn - 21.05 Bn
2 T-Mobile US 195.94 Bn 192.42 Bn 17.62 Bn 57.88 Bn
3 Verizon Communications 190.78 Bn 183.73 Bn 27.94 Bn 105.24 Bn
4 At&T 159.64 Bn 149.68 Bn 25.25 Bn 132.44 Bn
5 Telefonica Brasil 146.21 Bn 144.47 Bn 1.32 Bn -
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 170.85 Mn
8 Millicom International Cellular 106.22 Bn 104.67 Bn - 7.39 Bn
9 Veon 82.81 Bn 80.59 Bn - -
10 EchoStar 33.61 Bn 33.48 Bn 3.13 Bn 8.43 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 105.24 Bn
Dec 31, 2025 106.36 Bn
Sep 30, 2025 111.15 Bn
Jun 30, 2025 -861.00 Mn
Mar 31, 2025 107.04 Bn
Dec 31, 2024 89.72 Bn
Sep 30, 2024 98.28 Bn
Jun 30, 2024 4.43 Bn
Mar 31, 2024 -602.00 Mn
Dec 31, 2023 102.30 Bn
Sep 30, 2023 101.59 Bn
Jun 30, 2023 87.06 Bn
Mar 31, 2023 8.70 Bn
Dec 31, 2022 135.00 Mn
Sep 30, 2022 94.88 Bn
Jun 30, 2022 82.50 Bn
Mar 31, 2022 -3.31 Bn
Dec 31, 2021 1.41 Bn
Sep 30, 2021 78.49 Bn
Jun 30, 2021 -6.24 Bn