Verizon Communications (VZ) Operating Leases (2019 - 2026)
Verizon Communications (VZ) posted quarterly Operating Leases of $18.7 billion for Q1 2026, down 3.55% YoY from $19.4 billion in Q1 2025, and down 1.37% sequentially from $19.0 billion in Q4 2025.
Verizon Communications (VZ) Operating Leases (2019 - 2026) Analysis & Trends
Verizon Communications has disclosed Operating Leases across 8 years of filings, most recently posting $18.7 billion for Q1 2026.
- In Q1 2026, Operating Leases fell 3.55% year-over-year to $18.7 billion; the TTM figure through Mar 2026 stood at $18.7 billion (down 3.55% YoY), while the FY2025 annual figure was $19.0 billion, down 4.9% from the prior year.
- Operating Leases slipped to $18.7 billion in Q1 2026, from $19.0 billion in the prior quarter.
- Over the last five years, Operating Leases for VZ reached as high as $22.9 billion in Q1 2022 and fell as low as $18.7 billion in Q1 2026.
- The 5-year median for Operating Leases is $19.9 billion (2024), against an average of $20.3 billion.
- The widest YoY moves for Operating Leases: up 29.08% in 2022, down 18.21% in 2022.
- A 5-year view of Operating Leases shows it stood at $21.6 billion in 2022, then decreased by 7.22% to $20.0 billion in 2023, then fell by 0.37% to $19.9 billion in 2024, then decreased by 4.9% to $19.0 billion in 2025, then slipped by 1.37% to $18.7 billion in 2026.
- According to Business Quant data, Operating Leases over the past three periods registered $18.7 billion, $19.0 billion, and $19.2 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 3 | Verizon Communications | 176.65 Bn | 169.60 Bn | 27.94 Bn |
| 4 | At&T | 143.78 Bn | 133.82 Bn | 25.25 Bn |
| 5 | Telecom Argentina | 27.29 Bn | -708.89 Bn | - |
| 6 | Charter Communications | 17.55 Bn | 21.72 Bn | - |
| 7 | Millicom International Cellular | 15.13 Bn | 13.99 Bn | - |
| 8 | Globalstar | 10.40 Bn | 10.04 Bn | 46.63 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 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 18.69 Bn |
| Dec 31, 2025 | 18.95 Bn |
| Sep 30, 2025 | 19.18 Bn |
| Jun 30, 2025 | 19.16 Bn |
| Mar 31, 2025 | 19.38 Bn |
| Dec 31, 2024 | 19.93 Bn |
| Sep 30, 2024 | 19.25 Bn |
| Jun 30, 2024 | 19.46 Bn |
| Mar 31, 2024 | 19.65 Bn |
| Dec 31, 2023 | 20.00 Bn |
| Sep 30, 2023 | 20.77 Bn |
| Jun 30, 2023 | 20.75 Bn |
| Mar 31, 2023 | 21.30 Bn |
| Dec 31, 2022 | 21.56 Bn |
| Sep 30, 2022 | 22.18 Bn |
| Jun 30, 2022 | 22.60 Bn |
| Mar 31, 2022 | 22.93 Bn |
| Dec 31, 2021 | 23.20 Bn |
| Sep 30, 2021 | 27.11 Bn |
| Jun 30, 2021 | 23.36 Bn |