Verizon Communications (VZ) Retained Earnings (2009 - 2026)
Verizon Communications (VZ) recorded Retained Earnings of $100 billion in Q3 2026, up 4.9% from $95.32 billion a year earlier and up 2.3% from the prior quarter.
Powered by 
Analysis
Verizon Communications (VZ) Retained Earnings (2009 - 2026) Analysis & Trends
At the end of FY2025, Verizon Communications reported Retained Earnings of $94.74 billion, up 6.3% from FY2024.
- Annual Retained Earnings has increased for 12 straight years, with a five-year compound annual growth rate of 9.4% (FY2020 to FY2025).
- Across earlier years, Retained Earnings came in at $89.11 billion in FY2024 (+7.5%), $82.92 billion in FY2023 (+0.6%), $82.38 billion in FY2022 (+14.4%) and $71.99 billion in FY2021 (+19.1%).
- The Q3 2026 figure is the highest quarterly Retained Earnings in data going back to Q2 2009.
- On a year-over-year basis, Retained Earnings has increased for eight consecutive quarters, with growth averaging 6.8% over the last eight quarters.
- Peak year-over-year performance for Retained Earnings in the last five years was growth of 19.1% in Q4 2021, against a decline of 1.6% in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $97.73 billion (Q2 2026), $96.82 billion (Q1 2026) and $94.74 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 189.57 Bn | 155.91 Bn | 27.05 Bn | 100.00 Bn |
| 2 | T-Mobile US | 177.30 Bn | 159.74 Bn | 15.13 Bn | 26.92 Bn |
| 3 | At&T | 148.15 Bn | 89.61 Bn | 26.22 Bn | 19.27 Bn |
| 4 | Grupo Televisa, S.A.B | 144.51 Bn | 136.19 Bn | - | 5.71 Bn |
| 5 | Comcast | 85.95 Bn | 51.75 Bn | - | 62.54 Bn |
| 6 | Chunghwa Telecom | 37.94 Bn | 30.67 Bn | - | 4.95 Bn |
| 7 | Vodafone Group Public | 37.58 Bn | 6.97 Bn | - | -145.01 Bn |
| 8 | EchoStar | 30.20 Bn | 11.24 Bn | 647.20 Mn | 8.22 Bn |
| 9 | Bce | 20.05 Bn | 20.05 Bn | - | -1.48 Bn |
| 10 | Telefonica Brasil | 18.66 Bn | 13.32 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 100.00 Bn |
| Jun 30, 2026 | 97.73 Bn |
| Mar 31, 2026 | 96.82 Bn |
| Dec 31, 2025 | 94.74 Bn |
| Sep 30, 2025 | 95.32 Bn |
| Jun 30, 2025 | 93.28 Bn |
| Mar 31, 2025 | 91.13 Bn |
| Dec 31, 2024 | 89.11 Bn |
| Sep 30, 2024 | 86.96 Bn |
| Jun 30, 2024 | 86.50 Bn |
| Mar 31, 2024 | 84.71 Bn |
| Dec 31, 2023 | 82.92 Bn |
| Sep 30, 2023 | 88.42 Bn |
| Jun 30, 2023 | 86.45 Bn |
| Mar 31, 2023 | 84.54 Bn |
| Dec 31, 2022 | 82.38 Bn |
| Sep 30, 2022 | 78.55 Bn |
| Jun 30, 2022 | 76.40 Bn |
| Mar 31, 2022 | 73.89 Bn |
| Dec 31, 2021 | 71.99 Bn |
API Access
Verizon Communications Retained Earnings API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=retained-earnings&ticker=VZ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "ticker": "VZ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=retained-earnings&ticker=VZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();