Verizon Communications (VZ) Operating Leases (2019 - 2026)
Verizon Communications' (VZ) quarterly Operating Leases came in at $18.7 billion in Q1 2026, down 3.55% year-on-year from $19.4 billion in Q1 2025, and down 1.37% on a QoQ basis from $19.0 billion in Q4 2025.
Verizon Communications (VZ) Operating Leases (2019 - 2026) Analysis & Trends
Verizon Communications (VZ) has 8 years of Operating Leases data on file, last reported at $18.7 billion in Q1 2026.
- On a quarterly basis, Operating Leases fell 3.55% year-over-year to $18.7 billion in Q1 2026; TTM through Mar 2026 was $18.7 billion, a 3.55% decrease from a year earlier, with the FY2025 full-year figure at $19.0 billion, down 4.9% from the prior year.
- Operating Leases for Q1 2026 stood at $18.7 billion, down 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.
- Historically, Operating Leases has averaged $20.3 billion across 5 years, with a median of $19.9 billion in 2024.
- On a YoY basis, Operating Leases climbed as much as 29.08% in 2022 and fell as far as 18.21% in 2022.
- Year by year, Operating Leases stood at $21.6 billion in 2022, then declined by 7.22% to $20.0 billion in 2023, then slipped by 0.37% to $19.9 billion in 2024, then declined by 4.9% to $19.0 billion in 2025, then fell by 1.37% to $18.7 billion in 2026.
- Per Business Quant data, the three most recent Operating Leases figures were $18.7 billion in Q1 2026, $19.0 billion in Q4 2025, and $19.2 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | America Movil Sab De Cv | 1,543.97 Bn | 1,543.97 Bn | 7.08 Bn |
| 2 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 1,427.96 Bn | -8,564.04 Bn | - |
| 3 | Grupo Televisa, S.A.B | 958.85 Bn | 957.15 Bn | 317.18 Mn |
| 4 | Chunghwa Telecom | 334.17 Bn | 331.99 Bn | 719.92 Mn |
| 5 | Verizon Communications | 198.41 Bn | 190.05 Bn | 29.14 Bn |
| 6 | T-Mobile US | 192.12 Bn | 189.29 Bn | 17.74 Bn |
| 7 | At&T | 169.04 Bn | 151.47 Bn | 25.25 Bn |
| 8 | Veon | 90.84 Bn | 90.84 Bn | - |
| 9 | Tim | 50.18 Bn | 50.03 Bn | 677.20 Mn |
| 10 | Telefonica Brasil | 45.44 Bn | 43.70 Bn | 1.32 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 | 27.24 Bn |