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

Verizon Communications (VZ) reported Tax Provisions of $1.6 billion for Q1 2026, up 9.93% year-over-year from $1.5 billion in Q1 2025, and up 166.34% quarter-over-quarter 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.

  • Tax Provisions for Q1 2026 came in at $1.6 billion, up 9.93% year-over-year; the trailing twelve-month figure through Mar 2026 was $5.2 billion (up 0.87% YoY), and the FY2025 annual result was $5.1 billion, up 0.68% from the prior year.
  • Tax Provisions grew to $1.6 billion in Q1 2026 per VZ's latest filing, from $615.0 million in the prior quarter.
  • Over five years, Tax Provisions peaked at $2.1 billion in Q4 2022 and troughed at $615.0 million in Q4 2025.
  • A 5-year average of $1.4 billion and a median of $1.5 billion in 2024 frame the typical range for Tax Provisions.
  • The sharpest annual moves came in 2023 and 2024: Tax Provisions tumbled 64.22% in 2023, then surged 92.33% in 2024.
  • A 5-year view of Tax Provisions shows it stood at $2.1 billion in 2022, then plunged by 64.22% to $756.0 million in 2023, then surged by 92.33% to $1.5 billion in 2024, then plunged by 57.7% to $615.0 million in 2025, then jumped by 166.34% to $1.6 billion in 2026.
  • Business Quant data shows VZ's Tax Provisions at $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 Bce 382.57 Bn 381.58 Bn - -
2 T-Mobile US 195.94 Bn 192.42 Bn 17.62 Bn 830.00 Mn
3 Verizon Communications 190.78 Bn 183.73 Bn 27.94 Bn 1.64 Bn
4 At&T 159.64 Bn 149.68 Bn 25.25 Bn 1.18 Bn
5 Telefonica Brasil 146.21 Bn 144.47 Bn 1.32 Bn -65.84 Mn
6 America Movil Sab De Cv 128.31 Bn 126.27 Bn 10.13 Bn -
7 Chunghwa Telecom 109.39 Bn 107.21 Bn 719.92 Mn 96.71 Mn
8 Millicom International Cellular 106.22 Bn 104.67 Bn - -78.00 Mn
9 Veon 82.81 Bn 80.59 Bn - -
10 EchoStar 33.61 Bn 33.48 Bn 3.13 Bn -20.92 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