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
DateValue
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