Verizon Communications (VZ) Tax Provisions (2009 - 2026)

Verizon Communications' (VZ) quarterly Tax Provisions came in at $1.6 billion in Q1 2026, up 9.93% year-on-year from $1.5 billion in Q1 2025, and up 166.34% on a QoQ basis from $615.0 million in Q4 2025.

Verizon Communications (VZ) Tax Provisions (2009 - 2026) Analysis & Trends

Verizon Communications (VZ) has 18 years of Tax Provisions data on file, last reported at $1.6 billion in Q1 2026.

  • On a quarterly basis, Tax Provisions rose 9.93% year-over-year to $1.6 billion in Q1 2026; TTM through Mar 2026 was $5.2 billion, a 0.87% increase from a year earlier, with the FY2025 full-year figure at $5.1 billion, up 0.68% from the prior year.
  • Tax Provisions for Q1 2026 stood at $1.6 billion, up 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.
  • Historically, Tax Provisions has averaged $1.4 billion across 5 years, with a median of $1.5 billion in 2024.
  • Across the five-year window, Tax Provisions sank 64.22% in 2023 and soared 92.33% in 2024, its largest moves.
  • Year by year, Tax Provisions stood at $2.1 billion in 2022, then sank by 64.22% to $756.0 million in 2023, then surged by 92.33% to $1.5 billion in 2024, then sank by 57.7% to $615.0 million in 2025, then jumped by 166.34% to $1.6 billion in 2026.
  • Per Business Quant data, the three most recent Tax Provisions figures were $1.6 billion in Q1 2026, $615.0 million in Q4 2025, and $1.5 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 America Movil Sab De Cv 1,548.78 Bn 1,548.78 Bn 7.08 Bn 1.70 Bn
2 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 1,428.45 Bn -8,563.55 Bn - -
3 Grupo Televisa, S.A.B 965.66 Bn 963.96 Bn 317.18 Mn -27.51 Mn
4 Chunghwa Telecom 334.02 Bn 331.84 Bn 719.92 Mn 81.42 Mn
5 Verizon Communications 199.42 Bn 191.06 Bn 29.14 Bn 1.64 Bn
6 T-Mobile US 194.44 Bn 191.61 Bn 17.74 Bn 1.09 Bn
7 At&T 169.08 Bn 151.51 Bn 25.25 Bn 784.00 Mn
8 Veon 90.20 Bn 90.20 Bn - -60.00 Mn
9 Tim 50.64 Bn 50.49 Bn 677.20 Mn -31.84 Mn
10 Telefonica Brasil 45.53 Bn 43.79 Bn 1.32 Bn 313.30 Mn

Historic Data

Download Data
DateValue
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