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VERIZON COMMUNICATIONS INC

Telephone Communications No Radiotelephone

Last filing · Quarter 2 · Jun 30, 2026

Financial Statements Ratios

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Statement

Income Statement Balance Sheet

Period

Annual Quarterly

Order

Unlock 40 quarters

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Rows

USD ($) $ in Millions	Jun 30, 2026	Mar 31, 2026	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Sep 30, 2022
Current assets
Assets
Cash and cash equivalents	$ 1,752	$ 8,366	$ 7,706	$ 3,435	$ 2,257	$ 4,987	$ 2,432	$ 2,365	$ 4,210	$ 4,803	$ 2,234	$ 2,082
Accounts receivable	27,734	27,966	27,083	27,440	27,033	27,040	26,702	26,380	24,559	24,108	23,748	24,475
Less Allowance for credit losses	1,248	1,311	1,163	1,165	1,144	1,086	1,095	1,061	957	922	892	805
Accounts receivable, net	26,486	26,655	25,920	26,275	25,889	25,954	25,607	25,319	23,602	23,186	22,856	23,670
Less Allowance for doubtful accounts	-	-	-	-	-	-	-	-	-	-	-	-
Short-term investments	-	-	-	-	-	-	-	-	-	-	-	-
Inventories	2,036	2,320	2,700	2,137	2,197	2,523	1,841	2,076	2,240	1,896	2,381	3,133
Assets held for sale	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid expenses and other	7,297	7,382	7,684	6,999	7,010	7,177	8,176	8,197	8,067	7,503	8,251	10,861
Total current assets	37,571	44,723	44,010	38,846	37,353	40,641	38,056	37,957	38,119	37,388	35,722	39,746
Property, plant and equipment	357,086	357,650	334,765	332,529	331,888	327,555	324,978	322,266	316,767	313,424	310,519	300,870
Less Accumulated depreciation	231,589	231,678	226,298	224,460	223,965	220,027	217,088	214,403	209,277	206,154	203,532	197,866
Property, plant and equipment, net	125,497	125,972	108,467	108,069	107,923	107,528	107,890	107,863	107,490	107,270	106,987	103,004
Investments in unconsolidated businesses	783	730	799	807	820	867	908	941	929	1,015	1,052	1,083
Wireless licenses	158,159	157,082	156,926	156,820	156,726	156,481	156,291	156,111	155,465	151,337	150,485	149,292
Deposits for wireless licenses	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill	30,664	30,628	22,841	22,841	22,842	22,844	22,842	22,842	28,642	28,647	28,674	28,548
Other intangible assets, net	12,317	12,799	10,516	10,635	10,847	10,674	10,680	10,835	10,952	11,097	11,246	11,196
Operating lease right-of-use assets	23,158	23,401	23,760	23,949	24,175	23,613	24,064	24,351	25,086	25,345	25,947	26,588
Non-current assets held for sale	-	-	-	-	-	-	-	-	-	-	-	-
Other investments	-	-	-	-	-	-	-	-	-	-	-	-
Other assets	22,037	22,547	21,012	21,318	19,678	18,516	18,415	19,258	18,147	17,856	17,603	15,633
Total assets	410,186	417,882	388,331	383,285	380,364	381,164	379,146	380,158	384,830	379,955	377,716	375,090
Liabilities and Equity
Current liabilities
Debt maturing within one year	21,783	28,229	20,146	22,067	22,629	21,763	23,255	15,594	12,950	14,827	12,081	14,995
Accounts payable and accrued liabilities	20,422	21,932	20,700	19,880	19,413	22,222	19,727	20,139	26,140	20,067	19,273	22,235
Current operating lease liabilities	4,835	4,720	4,501	4,731	4,686	4,312	4,247	4,282	3,906	4,211	4,177	3,961
Liabilities related to assets held for sale	-	-	-	-	-	-	-	-	-	-	-	-
Other current liabilities	15,171	14,999	14,216	14,274	14,338	13,519	13,577	13,616	12,681	12,299	12,237	11,950
Total current liabilities	62,211	69,880	59,563	60,952	61,066	61,816	60,806	53,631	55,677	51,404	47,768	53,141
Long-term debt	143,448	144,231	126,629	123,929	121,020	128,878	126,022	136,104	134,441	137,871	140,772	132,912
Employee benefit obligations	11,758	12,023	11,072	11,170	11,793	12,744	12,812	12,805	12,226	12,357	12,750	15,912
Deferred income taxes	50,234	49,312	48,226	46,568	46,643	45,865	46,082	45,980	44,434	44,055	43,667	42,094
Non-current operating lease liabilities	18,392	18,692	19,176	19,164	19,379	19,247	19,456	19,654	20,773	20,745	21,303	22,175
Non-current liabilities related to assets held for sale	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities	18,947	19,122	17,320	17,141	18,426	14,946	16,429	16,258	18,191	17,021	17,237	20,073
Total long-term liabilities	242,779	243,380	222,423	217,972	217,261	221,680	220,801	230,801	230,065	232,049	235,729	233,166
Equity
Series preferred stock ($0.10 par value; 250,000,000 shares authorized; none issued)	0	0	0	0	0	0	0	0	0	0	0	0
Common stock ($0.10 par value; 6,250,000,000 shares authorized in each period; 4,291,433,646 shares issued in each period)	429	429	429	429	429	429	429	429	429	429	429	429
Additional paid in capital	13,258	13,263	13,408	13,412	13,415	13,479	13,539	13,571	13,524	13,523	13,523	13,467
Retained earnings	97,728	96,824	95,316	93,275	91,128	86,958	86,504	84,714	88,416	86,448	84,543	78,545
Accumulated other comprehensive loss	(1,784)	(2,372)	(1,651)	(1,475)	(1,489)	(1,665)	(1,287)	(1,199)	(1,428)	(1,921)	(2,177)	(1,700)
Common stock in treasury, at cost (136,658,444 and 74,258,296 shares outstanding)	6,312	5,335	3,287	3,292	3,295	3,585	3,590	3,602	3,828	3,830	3,832	4,015
Deferred compensation – employee stock ownership plans (ESOPs) and other	601	500	827	714	534	710	577	421	628	544	397	742
Deferred compensation - employee stock ownership plans and other	-	-	-	-	-	-	-	-	-	-	-	-
Noncontrolling interests	1,276	1,313	1,303	1,298	1,315	1,342	1,367	1,392	1,347	1,309	1,336	1,315
Total equity	105,196	104,622	106,345	104,361	102,037	97,668	97,539	95,726	99,088	96,502	94,219	88,783
Total liabilities and equity	$ 410,186	$ 417,882	$ 388,331	$ 383,285	$ 380,364	$ 381,164	$ 379,146	$ 380,158	$ 384,830	$ 379,955	$ 377,716	$ 375,090
Common stock, shares issued (in shares)	-	-	-	-	-	-	-	-	-	-	-	-