Verizon Communications (VZ) Tax Provisions (2009 - 2026)
Verizon Communications (VZ) posted quarterly Tax Provisions of $1.3 billion for Q2 2026, down 10.95% year-over-year from $1.5 billion in Q2 2025, and down 19.11% on a QoQ basis from $1.6 billion in Q1 2026.
Verizon Communications (VZ) Tax Provisions (2009 - 2026) Analysis & Trends
Verizon Communications has reported Tax Provisions for 18 years, with the latest figure at $1.3 billion in Q2 2026.
- Tax Provisions for Q2 2026 came in at $1.3 billion, down 10.95% year-over-year; the trailing twelve-month figure through Jun 2026 was $5.0 billion (down 5.15% YoY), and the FY2025 annual result was $5.1 billion, up 0.68% from the prior year.
- Tax Provisions retreated to $1.3 billion in Q2 2026, from $1.6 billion 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 $1.4 billion in 2022 frame the typical range for Tax Provisions.
- The widest annual swing landed in 2023, when Tax Provisions tumbled 64.22%; it then soared 92.33% in 2024.
- A 5-year view of Tax Provisions shows it stood at $2.1 billion in 2022, then tumbled by 64.22% to $756.0 million in 2023, then soared by 92.33% to $1.5 billion in 2024, then tumbled by 57.7% to $615.0 million in 2025, then jumped by 115.45% to $1.3 billion in 2026.
- Per Business Quant data, the three most recent Tax Provisions figures were $1.3 billion in Q2 2026, $1.6 billion in Q1 2026, and $615.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 205.80 Bn | 204.04 Bn | 27.03 Bn | 1.33 Bn |
| 2 | T-Mobile US | 197.90 Bn | 195.07 Bn | 17.74 Bn | 1.09 Bn |
| 3 | Grupo Televisa, S.A.B | 195.16 Bn | 193.45 Bn | 318.12 Mn | -27.59 Mn |
| 4 | At&T | 175.88 Bn | 158.31 Bn | 25.25 Bn | 784.00 Mn |
| 5 | Chunghwa Telecom | 33.61 Bn | 31.03 Bn | 728.80 Mn | 85.00 Mn |
| 6 | EchoStar | 25.20 Bn | 23.70 Bn | 1.65 Bn | 1.33 Bn |
| 7 | Bce | 22.12 Bn | 22.12 Bn | - | 190.85 Mn |
| 8 | Rogers Communications | 19.59 Bn | 18.35 Bn | 1.77 Bn | 106.99 Mn |
| 9 | Telefonica Brasil | 18.39 Bn | 18.39 Bn | 1.32 Bn | -65.84 Mn |
| 10 | Charter Communications | 18.08 Bn | 17.57 Bn | - | 475.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.33 Bn |
| 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 |