Verizon Communications (VZ) Tax Provisions (2009 - 2026)
Verizon Communications (VZ) posted quarterly Tax Provisions of $1.6 billion for Q1 2026, up 9.93% YoY from $1.5 billion in Q1 2025, and up 166.34% sequentially from $615.0 million in Q4 2025.
Verizon Communications (VZ) Tax Provisions (2009 - 2026) Analysis & Trends
Verizon Communications has disclosed Tax Provisions across 18 years of filings, most recently posting $1.6 billion for Q1 2026.
- In Q1 2026, Tax Provisions rose 9.93% year-over-year to $1.6 billion; the TTM figure through Mar 2026 stood at $5.2 billion (up 0.87% YoY), while the FY2025 annual figure was $5.1 billion, up 0.68% from the prior year.
- Tax Provisions climbed to $1.6 billion in Q1 2026, from $615.0 million in the prior quarter.
- Over the last five years, Tax Provisions for VZ reached as high as $2.1 billion in Q4 2022 and fell as low as $615.0 million in Q4 2025.
- The 5-year median for Tax Provisions is $1.5 billion (2024), against an average of $1.4 billion.
- Annual changes were most pronounced in 2023 — Tax Provisions sank 64.22% — and 2024, when it surged 92.33%.
- A 5-year view of Tax Provisions shows it stood at $2.1 billion in 2022, then slumped by 64.22% to $756.0 million in 2023, then surged by 92.33% to $1.5 billion in 2024, then slumped by 57.7% to $615.0 million in 2025, then jumped by 166.34% to $1.6 billion in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered $1.6 billion, $615.0 million, and $1.5 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (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 | 830.00 Mn |
| 3 | Verizon Communications | 176.65 Bn | 169.60 Bn | 27.94 Bn | 1.64 Bn |
| 4 | At&T | 143.78 Bn | 133.82 Bn | 25.25 Bn | 1.18 Bn |
| 5 | Telecom Argentina | 27.29 Bn | -708.89 Bn | - | - |
| 6 | Charter Communications | 17.55 Bn | 21.72 Bn | - | 465.00 Mn |
| 7 | Millicom International Cellular | 15.13 Bn | 13.99 Bn | - | -78.00 Mn |
| 8 | Globalstar | 10.40 Bn | 10.04 Bn | 46.63 Mn | 1.60 Mn |
| 9 | Sify Technologies | 7.22 Bn | 7.17 Bn | 54.72 Mn | -2.23 Mn |
| 10 | Lumen Technologies | 7.15 Bn | 5.53 Bn | 1.46 Bn | 377.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.64 Bn |
| Dec 31, 2025 | 615.00 Mn |
| Sep 30, 2025 | 1.47 Bn |
| Jun 30, 2025 | 1.49 Bn |
| Mar 31, 2025 | 1.49 Bn |
| Dec 31, 2024 | 1.45 Bn |
| Sep 30, 2024 | 891.00 Mn |
| Jun 30, 2024 | 1.33 Bn |
| Mar 31, 2024 | 1.35 Bn |
| Dec 31, 2023 | 756.00 Mn |
| Sep 30, 2023 | 1.31 Bn |
| Jun 30, 2023 | 1.35 Bn |
| Mar 31, 2023 | 1.48 Bn |
| Dec 31, 2022 | 2.11 Bn |
| Sep 30, 2022 | 1.50 Bn |
| Jun 30, 2022 | 1.54 Bn |
| Mar 31, 2022 | 1.37 Bn |
| Dec 31, 2021 | 1.41 Bn |
| Sep 30, 2021 | 1.82 Bn |
| Jun 30, 2021 | 1.88 Bn |