Verizon Communications (VZ) Operating Leases (2019 - 2026)
Verizon Communications (VZ) posted quarterly Operating Leases of $18.4 billion for Q2 2026, down 4.03% year-over-year from $19.2 billion in Q2 2025, and down 1.6% on a QoQ basis from $18.7 billion in Q1 2026.
Verizon Communications (VZ) Operating Leases (2019 - 2026) Analysis & Trends
Verizon Communications has reported Operating Leases for 8 years, with the latest figure at $18.4 billion in Q2 2026.
- Operating Leases for Q2 2026 came in at $18.4 billion, down 4.03% year-over-year; the trailing twelve-month figure through Jun 2026 was $18.4 billion (down 4.03% YoY), and the FY2025 annual result was $19.0 billion, down 4.9% from the prior year.
- Operating Leases fell to $18.4 billion in Q2 2026, 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 largest YoY upside for Operating Leases was 29.08% in 2022 against a maximum downside of 18.21% in 2022.
- A 5-year view of Operating Leases shows it stood at $21.6 billion in 2022, then slipped by 7.22% to $20.0 billion in 2023, then retreated by 0.37% to $19.9 billion in 2024, then slipped by 4.9% to $19.0 billion in 2025, then slipped by 2.95% to $18.4 billion in 2026.
- Per Business Quant data, the three most recent Operating Leases figures were $18.4 billion in Q2 2026, $18.7 billion in Q1 2026, and $19.0 billion in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Verizon Communications | 205.36 Bn | 203.61 Bn | 27.03 Bn |
| 2 | T-Mobile US | 196.43 Bn | 193.61 Bn | 17.74 Bn |
| 3 | Grupo Televisa, S.A.B | 190.22 Bn | 188.51 Bn | 318.12 Mn |
| 4 | At&T | 174.94 Bn | 157.37 Bn | 25.25 Bn |
| 5 | Chunghwa Telecom | 33.60 Bn | 31.03 Bn | 728.80 Mn |
| 6 | EchoStar | 25.24 Bn | 23.74 Bn | 1.65 Bn |
| 7 | Bce | 22.16 Bn | 22.16 Bn | - |
| 8 | Rogers Communications | 19.61 Bn | 18.36 Bn | 1.77 Bn |
| 9 | Telefonica Brasil | 18.11 Bn | 18.11 Bn | 1.32 Bn |
| 10 | Charter Communications | 17.77 Bn | 17.26 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |