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Verizon Communications (VZ) Operating Leases (2019 - 2025)

Verizon Communications (VZ) has disclosed Operating Leases for 7 consecutive years, with $23.5 billion as the latest value for Q4 2025.

  • Quarterly Operating Leases rose 17.89% to $23.5 billion in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $23.5 billion through Dec 2025, up 17.89% year-over-year, with the annual reading at $23.5 billion for FY2025, 17.89% up from the prior year.
  • Operating Leases for Q4 2025 was $23.5 billion at Verizon Communications, up from $19.2 billion in the prior quarter.
  • The five-year high for Operating Leases was $23.5 billion in Q3 2021, with the low at $17.8 billion in Q1 2021.
  • Average Operating Leases over 5 years is $21.0 billion, with a median of $20.8 billion recorded in 2023.
  • The sharpest move saw Operating Leases grew 29.48% in 2021, then dropped 8.2% in 2023.
  • Over 5 years, Operating Leases stood at $23.2 billion in 2021, then fell by 7.09% to $21.6 billion in 2022, then dropped by 7.22% to $20.0 billion in 2023, then decreased by 0.37% to $19.9 billion in 2024, then grew by 17.89% to $23.5 billion in 2025.
  • According to Business Quant data, Operating Leases over the past three periods came in at $23.5 billion, $19.2 billion, and $19.2 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.