Verizon Communications (VZ) Tax Provisions (2009 - 2026)
Verizon Communications' (VZ) quarterly Tax Provisions came in at $1.3 billion in Q2 2026, down 10.95% year-over-year from $1.5 billion in Q2 2025, and down 19.11% quarter-over-quarter from $1.6 billion in Q1 2026.
Analysis
Verizon Communications (VZ) Tax Provisions (2009 - 2026) Analysis & Trends
Verizon Communications (VZ) has reported Tax Provisions for 18 consecutive years, with $1.3 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Provisions fell 10.95% year-over-year to $1.3 billion in Q2 2026; TTM through Jun 2026 was $5.0 billion, a 5.15% decrease from a year earlier, with the FY2025 full-year figure at $5.1 billion, up 0.68% from the prior year.
- Tax Provisions was $1.3 billion for Q2 2026 at Verizon Communications, down 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.
- Across the five-year window, Tax Provisions plunged 64.22% in 2023 and jumped 92.33% in 2024, its largest moves.
- Over 5 years, Tax Provisions stood at $2.1 billion in 2022, then sank by 64.22% to $756.0 million in 2023, then jumped by 92.33% to $1.5 billion in 2024, then sank by 57.7% to $615.0 million in 2025, then surged by 115.45% to $1.3 billion in 2026.
- The last three Tax Provisions figures came in at $1.3 billion (Q2 2026), $1.6 billion (Q1 2026), and $615.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 210.23 Bn | 209.76 Bn | 27.03 Bn | 1.33 Bn |
| 2 | T-Mobile US | 195.97 Bn | 193.15 Bn | 17.74 Bn | 1.09 Bn |
| 3 | At&T | 178.50 Bn | 176.92 Bn | 25.25 Bn | 784.00 Mn |
| 4 | Chunghwa Telecom | 34.81 Bn | 32.72 Bn | 728.80 Mn | 85.00 Mn |
| 5 | Bce | 21.79 Bn | 21.68 Bn | - | -190.85 Mn |
| 6 | Rogers Communications | 19.56 Bn | 22.86 Bn | 1.77 Bn | 106.99 Mn |
| 7 | Telefonica Brasil | 18.93 Bn | 17.25 Bn | 1.42 Bn | -62.48 Mn |
| 8 | Millicom International Cellular | 16.34 Bn | 15.39 Bn | - | -104.00 Mn |
| 9 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 14.80 Bn | -40,057.20 Bn | - | - |
| 10 | Telus | 14.09 Bn | 13.57 Bn | - | -117.11 Mn |
Historic Data
Download Data
Historic 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 |