VERIZON COMMUNICATIONS INC
VZAPI behind this page
VZ Q1 2026 request
Playground key active
/api/financials?ticker=VZ&year=2026&quarter=1
Pick an endpoint and run the request.Income Statement
| Metric | Q1 2026 | Q1 2025 | YoY |
|---|---|---|---|
| Revenue | 34,440 | 33,485 | +2.9% |
Show Product Lines breakouts |
|||
| Product | 5,681 | 5,398 | +5.2% |
| Product And Service Other · Business | 2,874 | 2,703 | +6.3% |
| Product And Service Other · Consumer | 2,449 | 2,285 | +7.2% |
| Product And Service Other · Operating Segments Excluding Intersegment Elimination | 5,323 | 4,988 | +6.7% |
| Product · Business | 857 | 866 | -1.0% |
| Product · Consumer | 4,824 | 4,532 | +6.4% |
| Product · Operating Segments Excluding Intersegment Elimination | 5,681 | 5,398 | +5.2% |
| Service revenues and other | 28,759 | 28,087 | +2.4% |
| Service · Business | 3,681 | 3,710 | -0.8% |
| Service · Consumer | 19,108 | 18,728 | +2.0% |
| Service · Operating Segments Excluding Intersegment Elimination | 22,789 | 22,438 | +1.6% |
| Wireless service | 20.6 | 20.8 | -1.0% |
Show Business Segments breakouts |
|||
| Business · Intersegment Elimination | 7 | 7 | 0.0% |
| Business · Operating Segments | 7,419 | 7,286 | +1.8% |
| Consumer · Intersegment Elimination | 72 | 73 | -1.4% |
| Consumer · Operating Segments | 26,453 | 25,618 | +3.3% |
Show Consolidation Items breakouts |
|||
| Consolidation Eliminations | -79 | -79 | 0.0% |
| Corporate and other | 647 | 660 | -2.0% |
| Intersegment Elimination | 79 | 80 | -1.2% |
| Operating Segments | 33,872 | 32,904 | +2.9% |
| Cost of Revenue (Q) | — | — | — |
Show Product Lines breakouts |
|||
| Product | 6,506 | 6,106 | +6.6% |
| Service | 7,167 | 6,950 | +3.1% |
Show Business Segments breakouts |
|||
| Business · Operating Segments | 1,202 | 1,194 | +0.7% |
| Consumer · Operating Segments | 5,303 | 4,912 | +8.0% |
Show Consolidation Items breakouts |
|||
| Operating Segments | 6,505 | 6,106 | +6.5% |
| Selling, General & Administrative | 7,633 | 7,874 | -3.1% |
| Depreciation And Amortization | 4,892 | 4,577 | +6.9% |
Show Business Segments breakouts |
|||
| Business · Operating Segments | 1,081 | 1,020 | +6.0% |
| Consumer · Operating Segments | 3,730 | 3,543 | +5.3% |
Show Consolidation Items breakouts |
|||
| Operating Segments | 4,811 | 4,563 | +5.4% |
| Total Costs & Expenses | 26,198 | 25,507 | +2.7% |
Show Business Segments breakouts |
|||
| Business · Operating Segments | 6,535 | 6,622 | -1.3% |
| Consumer · Operating Segments | 18,739 | 18,194 | +3.0% |
Show Consolidation Items breakouts |
|||
| Operating Segments | 25,274 | 24,816 | +1.8% |
| Operating Income | 8,242 | 7,978 | +3.3% |
Show Business Segments breakouts |
|||
| Business · Operating Segments | 884 | 664 | +33.1% |
| Consumer · Operating Segments | 7,714 | 7,424 | +3.9% |
Show Consolidation Items breakouts |
|||
| Corporate and other | -82 | -102 | +19.6% |
| Operating Segments | 8,598 | 8,088 | +6.3% |
| Income Loss From Equity Method Investments | 5 | 6 | -16.7% |
| Other Non-Operating Income (Expense) | 477 | 121 | +294.2% |
| Interest Expense | -1,940 | -1,632 | -18.9% |
| Income Before Taxes | 6,784 | 6,473 | +4.8% |
| Income Tax Expense (Benefit) | -1,638 | -1,490 | -9.9% |
| Net Income | 5,146 | 4,983 | +3.3% |
| Net Income Loss Attributable To Noncontrolling Interest | 101 | 104 | -2.9% |
| Net Income | 5,045 | 4,879 | +3.4% |
Show Equity Components breakouts |
|||
| Retained Earnings | 5,045 | 4,879 | +3.4% |
| EPS (Basic) | 1.2 | 1.16 | +3.4% |
| Wtd Avg Shares (Basic) | 4,205 | 4,222 | -0.4% |
| EPS (Diluted) | 1.2 | 1.15 | +4.3% |
| Wtd Avg Shares (Diluted) | 4,210 | 4,226 | -0.4% |
| Comprehensive Income | 4,400 | 4,313 | +2.0% |
| Other Comprehensive Income | -645 | -566 | -14.0% |
Balance Sheet
| Metric | Q1 2026 | Q1 2025 | YoY |
|---|---|---|---|
| Current Assets | |||
| Cash & Cash Equivalents | 8,366 | 2,257 | +270.7% |
| Accounts And Financing Receivable Before Allowance For Credit Loss Current | 27,966 | 27,033 | +3.5% |
| Accounts And Financing Receivable Allowance For Credit Loss Current | 1,311 | 1,144 | +14.6% |
| Accounts Notes And Loans Receivable Net Current | 26,655 | 25,889 | +3.0% |
| Inventory | 2,320 | 2,197 | +5.6% |
| Prepaid Expenses & Other Current Assets | 7,382 | 7,010 | +5.3% |
Show Consolidated Entities breakouts |
|||
| Variable Interest Entity Primary Beneficiary | 98 | 331 | -70.4% |
| Total Current Assets | 44,723 | 37,353 | +19.7% |
| Accounts Receivable (Q) | — | — | — |
Show Consolidated Entities breakouts |
|||
| Variable Interest Entity Primary Beneficiary | 18,547 | 17,913 | +3.5% |
Show Financing Receivable Portfolio breakouts |
|||
| Other receivables | 5,219 | 5,297 | -1.5% |
| Wireless Service Plan Receivables | 5,730 | 5,690 | +0.7% |
| Non-Current Assets | |||
| Property, Plant & Equipment | 125,972 | 107,923 | +16.7% |
| Goodwill | 30,628 | — | — |
Show Business Segments breakouts |
|||
| Business · Operating Segments | 3,448 | — | — |
| Consumer · Operating Segments | 27,180 | — | — |
| Intangible Assets | 12,799 | 10,847 | +18.0% |
Show Finite Lived Intangible Assets By Major Class breakouts |
|||
| Customer Lists | 3,590 | 1,491 | +140.8% |
| Non-Network Internal-Use Software | 8,291 | 8,296 | -0.1% |
| Other Intangible Assets | 918 | 1,060 | -13.4% |
| Operating Lease Right-of-Use Assets | 23,401 | 24,175 | -3.2% |
| Other Non-Current Assets | 22,547 | 19,678 | +14.6% |
Show Consolidated Entities breakouts |
|||
| Variable Interest Entity Primary Beneficiary | 12,246 | 10,997 | +11.4% |
| Total Assets | 417,882 | 380,364 | +9.9% |
| Other Assets | |||
| Property Plant And Equipment Gross | 357,650 | 331,888 | +7.8% |
| Accumulated Depreciation Depletion And Amortization Property Plant And Equipment | 231,678 | 223,965 | +3.4% |
| Investments In Affiliates Subsidiaries Associates And Joint Ventures | 730 | 820 | -11.0% |
| Indefinite Lived License Agreements | 157,082 | 156,726 | +0.2% |
| Current Liabilities | |||
| Current Portion of Long-Term Debt | 28,229 | 22,629 | +24.7% |
Show Consolidated Entities breakouts |
|||
| Variable Interest Entity Primary Beneficiary | 17,166 | 15,847 | +8.3% |
| Accounts Payable And Accrued Liabilities Current | 21,932 | 19,413 | +13.0% |
Show Consolidated Entities breakouts |
|||
| Variable Interest Entity Primary Beneficiary | 38 | 37 | +2.7% |
| Operating Lease Liability Current | 4,720 | 4,686 | +0.7% |
| Other Liabilities Current | 14,999 | 14,338 | +4.6% |
| Total Current Liabilities | 69,880 | 61,066 | +14.4% |
| Deferred Revenue (Current) | 7,824 | — | — |
| Non-Current Liabilities | |||
| Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent | 12,023 | 11,793 | +2.0% |
| Deferred Tax Liabilities | 49,312 | 46,643 | +5.7% |
| Operating Lease Liabilities | 18,692 | 19,379 | -3.5% |
| Other Non-Current Liabilities | 19,122 | 18,426 | +3.8% |
| Liabilities Noncurrent | 243,380 | 217,261 | +12.0% |
| Long-Term Debt (Q) | — | — | — |
Show Debt Instrument breakouts |
|||
| 2021 ABS Financing Facility · Secured Debt | 6.7 | — | — |
| 2022 ABS Financing Facility · Secured Debt | 5 | — | — |
Show Business Acquisition breakouts |
|||
| Frontier | 6.3 | — | — |
| Contract With Customer Liability Noncurrent | 2,606 | — | — |
| Other Liabilities | |||
| Long Term Debt And Capital Lease Obligations | 144,231 | 121,020 | +19.2% |
Show Consolidated Entities breakouts |
|||
| Variable Interest Entity Primary Beneficiary | 12,742 | 10,490 | +21.5% |
| Stockholders' Equity | |||
| Common Stock Value Outstanding | 429 | 429 | 0.0% |
| Additional Paid-In Capital | 13,263 | 13,415 | -1.1% |
| Retained Earnings | 96,824 | 91,128 | +6.3% |
| Accumulated Other Comprehensive Income | -2,372 | -1,489 | -59.3% |
| Treasury Stock Common Value | -5,335 | -3,295 | -61.9% |
| Deferred Compensation Employee Stock Ownership Plans And Other | 500 | 534 | -6.4% |
| Minority Interest | 1,313 | 1,315 | -0.2% |
| Stockholders Equity Including Portion Attributable To Noncontrolling Interest | 104,622 | 102,037 | +2.5% |
Show Equity Components breakouts |
|||
| Accumulated Defined Benefit Plans Adjustment | -252 | 205 | -222.9% |
| Accumulated Gain Loss Net Cash Flow Hedge Parent | -966 | -960 | -0.6% |
| Accumulated Net Unrealized Investment Gain Loss | -3 | -4 | +25.0% |
| Accumulated Other Comprehensive Income | -2,372 | -1,489 | -59.3% |
| Accumulated Translation Adjustment | -635 | -666 | +4.7% |
| Additional Paid In Capital | 13,263 | 13,415 | -1.1% |
| Aoci Derivative Qualifying As Hedge Excluded Component Parent | -516 | -64 | -706.2% |
| Common Stock | 429 | 429 | 0.0% |
| Deferred Compensation Share Based Payments | 500 | 534 | -6.4% |
| Noncontrolling Interest | 1,313 | 1,315 | -0.2% |
| Retained Earnings | 96,824 | 91,128 | +6.3% |
| Treasury Stock Common | -5,335 | -3,295 | -61.9% |
| Total Liabilities & Equity | 417,882 | 380,364 | +9.9% |
Cash Flow Statement
| Metric | YTD Q1 2026 | YTD Q1 2025 | YoY |
|---|---|---|---|
| Operating Activities | |||
| Employee Benefits And Share Based Compensation Noncash | -117 | 143 | -181.8% |
| Deferred Income Taxes | 703 | 132 | +432.6% |
| Provision For Doubtful Accounts | 581 | 587 | -1.0% |
| Income Loss From Equity Method Investments Net Of Dividends Or Distributions | 3 | 20 | -85.0% |
| Increase Decrease In Operating Capital | -3,082 | -2,618 | -17.7% |
| Other Operating Activities Cash Flow Statement | -142 | -42 | -238.1% |
| Net Cash from Operations | 7,984 | 7,782 | +2.6% |
| Investing Activities | |||
| Payments To Acquire Other Productive Assets | -4,201 | -4,145 | -1.4% |
| Payments To Acquire Businesses Net Of Cash Acquired | -9,480 | — | — |
| Payments To Acquire Intangible Assets | -83 | -122 | +32.0% |
| Other Investing Activities | 191 | 515 | -62.9% |
| Net Cash from Investing | -13,573 | -3,752 | -261.8% |
| Financing Activities | |||
| Proceeds From Issuance Of Longterm Debt Excluding Assetbacked Debt | 5,975 | — | — |
| Proceeds From Issuance Of Secured Debt | 6,154 | 2,781 | +121.3% |
| Repayments Of Long Term Borrowings And Finance Lease Obligations | -4,258 | -2,446 | -74.1% |
| Repayments Of Secured Debt | -6,828 | -2,589 | -163.7% |
| Payments Of Dividends | -2,910 | -2,856 | -1.9% |
| Share Repurchases | -2,500 | — | — |
| Proceeds From Payments For Other Financing Activities | -911 | -783 | -16.3% |
| Net Cash from Financing | -5,278 | -5,893 | +10.4% |
| Debt Repayments | 712 | — | — |
Show Debt Instrument breakouts |
|||
| Asset Backed Notes · Secured Debt | 1 | — | — |
| Open market repurchases of various Verizon notes | 504 | — | — |
| Verizon floating rate notes due 2026 | 208 | — | — |
| Supplemental | |||
| Unpaid Capital Expenditures (Q) | — | — | — |
Show Business Acquisition breakouts |
|||
| Frontier · Alternative Financing Facility | 428 | — | — |
Show Long-Term Debt Type breakouts |
|||
| Alternative Financing Facility · Network Equipment | 1.1 | 627 | -99.8% |
| Other Cash Flow | |||
| Net Change in Cash | -10,867 | -1,863 | -483.3% |
Show Statement Of Financial Position Location Activity Capitalization breakouts |
|||
| Cash And Cash Equivalents | -10,682 | — | — |
| Other Noncurrent Assets | 15 | — | — |
| Prepaid Expenses And Other Current Assets | -200 | — | — |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | 8,632 | 2,772 | +211.4% |
Values in millions USD. Source: SEC EDGAR 10-Q filing.