Verizon Communications Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	19,048	4,194	2,065	2,605	2,921
Cash & Short-Term Investments	19,048	4,194	2,065	2,605	2,921
Cash Growth	354.17%	103.10%	-20.73%	-10.82%	-86.83%
Accounts Receivable	27,097	26,109	25,085	24,506	23,846
Inventory	2,441	2,247	2,057	2,388	3,055
Other Current Assets	8,336	7,973	7,607	8,358	6,906
Total Current Assets	56,922	40,523	36,814	37,857	36,728
Net Property, Plant & Equipment	132,965	132,994	133,036	133,564	127,579
Other Intangible Assets	167,497	167,742	166,724	161,257	159,296
Goodwill	22,841	22,841	22,843	28,671	28,603
Long-Term Investments	785	842	953	1,071	1,061
Other Long-Term Assets	23,248	19,769	19,885	17,260	13,329
Total Assets	404,258	384,711	380,255	379,680	366,596
Accounts Payable	24,981	23,374	23,453	23,977	24,833
Current Portion of Long-Term Debt	18,618	22,633	12,973	9,963	7,443
Current Portion of Leases	4,542	4,415	4,266	4,134	3,859
Other Current Liabilities	14,229	14,349	12,531	12,097	11,025
Total Current Liabilities	62,370	64,771	53,223	50,171	47,160
Long-Term Debt	139,532	121,381	137,701	140,676	143,425
Long-Term Leases	18,951	19,928	20,002	21,558	23,203
Other Long-Term Liabilities	77,664	78,056	75,530	74,812	69,608
Total Long-Term Liabilities	236,147	219,365	233,233	237,046	236,236
Total Liabilities	298,517	284,136	286,456	287,217	283,396
Common Stock	429	429	429	429	429
Treasury Stock	-3,255	-3,583	-3,821	-4,013	-4,104
Additional Paid-in Capital	13,372	13,466	13,631	13,420	13,861
Accumulated Other Comprehensive Income	-830	-185	-724	-1,072	-389
Retained Earnings	94,744	89,110	82,915	82,380	71,993
Total Common Shareholders' Equity	104,460	99,237	92,430	91,144	81,790
Minority Interest	1,281	1,338	1,369	1,319	1,410
Shareholders' Equity	105,741	100,575	93,799	92,463	83,200
Total Liabilities & Equity	404,258	384,711	380,255	379,680	366,596
Total Debt	181,643	168,357	174,942	176,331	177,930
Net Cash (Debt)	-162,595	-164,163	-172,877	-173,726	-175,009
Net Cash Per Share	-38.43	-38.87	-41.02	-41.32	-42.17
Book Value	104,460	99,237	92,430	91,144	81,790
Book Value Per Share	24.69	23.50	21.93	21.68	19.71
Tangible Book Value	-85,878	-91,346	-97,137	-98,784	-106,109
Tangible Book Value Per Share	-20.30	-21.63	-23.05	-23.50	-25.57

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.