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| 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 |