Verizon Communications VZ
NYSE VZ
$49.96 +0.22 (+0.43%)
As of: Sep 10, 2026 · 3:59 PM EDT

Verizon Communications (VZ) Operating Leases (2019 - 2026)

Verizon Communications' (VZ) quarterly Operating Leases came in at $18.4 billion in Q2 2026, down 4.03% year-over-year from $19.2 billion in Q2 2025, and down 1.6% quarter-over-quarter from $18.7 billion in Q1 2026.

Analysis

Verizon Communications (VZ) Operating Leases (2019 - 2026) Analysis & Trends

Verizon Communications (VZ) has reported Operating Leases for 8 consecutive years, with $18.4 billion the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Leases fell 4.03% year-over-year to $18.4 billion in Q2 2026; TTM through Jun 2026 was $18.4 billion, a 4.03% decrease from a year earlier, with the FY2025 full-year figure at $19.0 billion, down 4.9% from the prior year.
  • Operating Leases was $18.4 billion for Q2 2026 at Verizon Communications, down from $18.7 billion in the prior quarter.
  • Over five years, Operating Leases peaked at $22.9 billion in Q1 2022 and troughed at $18.4 billion in Q2 2026.
  • A 5-year average of $20.2 billion and a median of $19.8 billion in 2024 frame the typical range for Operating Leases.
  • The widest YoY moves for Operating Leases: up 29.08% in 2022, down 18.21% in 2022.
  • Over 5 years, Operating Leases stood at $21.6 billion in 2022, then retreated by 7.22% to $20.0 billion in 2023, then declined by 0.37% to $19.9 billion in 2024, then retreated by 4.9% to $19.0 billion in 2025, then retreated by 2.95% to $18.4 billion in 2026.
  • The last three Operating Leases figures came in at $18.4 billion (Q2 2026), $18.7 billion (Q1 2026), and $19.0 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Verizon Communications 208.02 Bn 206.27 Bn 27.03 Bn
2 T-Mobile US 191.59 Bn 188.77 Bn 17.74 Bn
3 At&T 177.47 Bn 159.90 Bn 25.25 Bn
4 Chunghwa Telecom 34.55 Bn 31.97 Bn 728.80 Mn
5 Rogers Communications 20.60 Bn 23.90 Bn 1.77 Bn
6 Telefonica Brasil 19.16 Bn 17.48 Bn 1.42 Bn
7 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 14.85 Bn -56,572.15 Bn -
8 Bce 14.36 Bn 14.24 Bn -
9 Telus 13.92 Bn 12.82 Bn -
10 Kt 9.50 Bn 10.94 Bn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 18.39 Bn
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