KPIs & Operating Metrics(New)
Growth Metrics

Verizon Communications (VZ) Operating Expenses (2016 - 2026)

Verizon Communications has reported Operating Expenses over the past 18 years, most recently at $26.2 billion for Q1 2026.

  • Quarterly Operating Expenses rose 2.71% to $26.2 billion in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $109.6 billion through Mar 2026, up 3.27% year-over-year, with the annual reading at $108.9 billion for FY2025, 2.67% up from the prior year.
  • Operating Expenses was $26.2 billion for Q1 2026 at Verizon Communications, down from $31.4 billion in the prior quarter.
  • Over five years, Operating Expenses peaked at $34.5 billion in Q4 2023 and troughed at $25.0 billion in Q2 2024.
  • The 5-year median for Operating Expenses is $26.2 billion (2026), against an average of $27.0 billion.
  • Year-over-year, Operating Expenses rose 23.21% in 2023 and then fell 18.16% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $28.0 billion in 2022, then rose by 23.21% to $34.5 billion in 2023, then dropped by 18.16% to $28.3 billion in 2024, then increased by 11.03% to $31.4 billion in 2025, then decreased by 16.51% to $26.2 billion in 2026.
  • Per Business Quant, the three most recent readings for VZ's Operating Expenses are $26.2 billion (Q1 2026), $31.4 billion (Q4 2025), and $25.7 billion (Q3 2025).