Verizon Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Quarter	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Sep '25 Sep 30, 2025	Jun '25 Jun 30, 2025	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Sep '24 Sep 30, 2024	Jun '24 Jun 30, 2024	Mar '24 Mar 31, 2024	Dec '23 Dec 31, 2023	Sep '23 Sep 30, 2023	Jun '23 Jun 30, 2023	Mar '23 Mar 31, 2023	Dec '22 Dec 31, 2022	Sep '22 Sep 30, 2022	Jun '22 Jun 30, 2022	Mar '22 Mar 31, 2022	Dec '21 Dec 31, 2021	Sep '21 Sep 30, 2021	Jun '21 Jun 30, 2021
Cash & Equivalents	8,366	19,048	7,706	3,435	2,257	4,194	4,987	2,432	2,365	2,065	4,210	4,803	2,234	2,605	2,082	1,857	1,661	2,921	9,936	4,657
Cash & Short-Term Investments	8,366	19,048	7,706	3,435	2,257	4,194	4,987	2,432	2,365	2,065	4,210	4,803	2,234	2,605	2,082	1,857	1,661	2,921	9,936	4,657
Cash Growth	270.67%	354.17%	54.52%	41.24%	-4.57%	103.10%	18.46%	-49.36%	5.86%	-20.73%	102.21%	158.64%	34.50%	-10.82%	-79.05%	-60.12%	-83.72%	-86.83%	10.61%	-40.92%
Accounts Receivable	26,655	27,097	25,920	26,275	25,889	26,109	25,954	25,607	25,319	25,085	23,602	23,186	22,856	24,506	23,670	23,909	23,615	23,846	22,195	21,257
Inventory	2,320	2,441	2,700	2,137	2,197	2,247	2,523	1,841	2,076	2,057	2,240	1,896	2,381	2,388	3,133	3,646	3,659	3,055	2,303	1,421
Other Current Assets	7,382	8,336	7,684	6,999	7,010	7,973	7,177	8,176	8,197	7,607	8,067	7,503	8,251	8,358	10,861	8,087	6,645	6,906	5,843	8,291
Total Current Assets	44,723	56,922	44,010	38,846	37,353	40,523	40,641	38,056	37,957	36,814	38,119	37,388	35,722	37,857	39,746	37,499	35,580	36,728	40,277	35,626
Net Property, Plant & Equipment	149,373	132,965	132,227	132,018	132,098	132,994	131,141	131,954	132,214	133,036	132,576	132,615	132,934	133,564	129,592	128,408	127,337	127,579	123,725	122,382
Other Intangible Assets	169,881	167,497	167,442	167,455	167,573	167,742	167,155	166,971	166,946	166,724	166,417	162,434	161,731	161,257	160,488	160,010	159,515	159,296	152,789	105,036
Goodwill	30,628	22,841	22,841	22,841	22,842	22,841	22,844	22,842	22,842	22,843	28,642	28,647	28,674	28,671	28,548	28,638	28,629	28,603	24,887	24,915
Long-Term Investments	730	785	799	807	820	842	867	908	941	953	929	1,015	1,052	1,071	1,083	1,113	1,074	1,061	1,100	560
Other Long-Term Assets	22,547	23,248	21,012	21,318	19,678	19,769	18,516	18,415	19,258	19,885	18,147	17,856	17,603	17,260	15,633	14,479	13,581	13,329	10,679	60,671
Total Assets	417,882	404,258	388,331	383,285	380,364	384,711	381,164	379,146	380,158	380,255	384,830	379,955	377,716	379,680	375,090	370,147	365,716	366,596	353,457	349,190
Accounts Payable	21,932	24,981	20,700	19,880	19,413	23,374	22,222	19,727	20,139	23,453	26,140	20,067	19,273	23,977	22,235	20,956	18,169	24,833	20,153	17,328
Current Portion of Long-Term Debt	28,229	18,618	20,146	22,067	22,629	22,633	21,763	23,255	15,594	12,973	12,950	14,827	12,081	9,963	14,995	12,873	13,421	7,443	7,623	7,023
Current Portion of Leases	4,720	4,542	4,501	4,731	4,686	4,415	4,312	4,247	4,282	4,266	3,906	4,211	4,177	4,134	3,961	3,912	3,847	3,859	3,606	3,881
Other Current Liabilities	14,999	14,229	14,216	14,274	14,338	14,349	13,519	13,577	13,616	12,531	12,681	12,299	12,237	12,097	11,950	11,483	11,148	11,025	9,976	11,846
Total Current Liabilities	69,880	62,370	59,563	60,952	61,066	64,771	61,816	60,806	53,631	53,223	55,677	51,404	47,768	50,171	53,141	49,224	46,585	47,160	41,358	40,078
Long-Term Debt	144,231	139,532	126,629	123,929	121,020	121,381	128,878	126,022	136,104	137,701	134,441	137,871	140,772	140,676	132,912	136,184	139,961	143,425	143,352	144,894
Long-Term Leases	18,692	18,951	19,176	19,164	19,379	19,928	19,247	19,456	19,654	20,002	20,773	20,745	21,303	21,558	22,175	22,597	22,932	23,203	23,507	23,360
Other Long-Term Liabilities	80,457	77,664	76,618	74,879	76,862	78,056	73,555	75,323	75,043	75,530	74,851	73,433	73,654	74,812	78,079	74,785	71,063	69,608	66,751	65,746
Total Long-Term Liabilities	243,380	236,147	222,423	217,972	217,261	219,365	221,680	220,801	230,801	233,233	230,065	232,049	235,729	237,046	233,166	233,566	233,956	236,236	233,610	234,000
Total Liabilities	313,260	298,517	281,986	278,924	278,327	284,136	283,496	281,607	284,432	286,456	285,742	283,453	283,497	287,217	286,307	282,790	280,541	283,396	274,968	274,078
Common Stock	429	429	429	429	429	429	429	429	429	429	429	429	429	429	429	429	429	429	429	429
Treasury Stock	-5,335	-3,255	-3,287	-3,292	-3,295	-3,583	-3,585	-3,590	-3,602	-3,821	-3,828	-3,830	-3,832	-4,013	-4,015	-4,020	-4,023	-4,104	-6,630	-6,632
Additional Paid-in Capital	13,263	13,372	13,408	13,412	13,415	13,466	13,479	13,539	13,571	13,631	13,524	13,523	13,523	13,420	13,467	13,872	13,874	13,861	13,402	13,403
Accumulated Other Comprehensive Income	-1,872	-830	-824	-761	-955	-185	-955	-710	-778	-724	-800	-1,377	-1,780	-1,072	-958	-666	-409	-389	-219	174
Retained Earnings	96,824	94,744	95,316	93,275	91,128	89,110	86,958	86,504	84,714	82,915	88,416	86,448	84,543	82,380	78,545	76,401	73,891	71,993	70,062	66,310
Total Common Shareholders' Equity	103,309	104,460	105,042	103,063	100,722	99,237	96,326	96,172	94,334	92,430	97,741	95,193	92,883	91,144	87,468	86,016	83,762	81,790	77,044	73,684
Minority Interest	1,313	1,281	1,303	1,298	1,315	1,338	1,342	1,367	1,392	1,369	1,347	1,309	1,336	1,319	1,315	1,341	1,413	1,410	1,445	1,428
Shareholders' Equity	104,622	105,741	106,345	104,361	102,037	100,575	97,668	97,539	95,726	93,799	99,088	96,502	94,219	92,463	88,783	87,357	85,175	83,200	78,489	75,112
Total Liabilities & Equity	417,882	404,258	388,331	383,285	380,364	384,711	381,164	379,146	380,158	380,255	384,830	379,955	377,716	379,680	375,090	370,147	365,716	366,596	353,457	349,190
Total Debt	195,872	181,643	170,452	169,891	167,714	168,357	174,200	172,980	175,634	174,942	172,070	177,654	178,333	176,331	174,043	175,566	180,161	177,930	178,088	179,158
Net Cash (Debt)	-187,506	-162,595	-162,746	-166,456	-165,457	-164,163	-169,213	-170,548	-173,269	-172,877	-167,860	-172,851	-176,099	-173,726	-171,961	-173,709	-178,500	-175,009	-168,152	-174,501
Net Cash Per Share	-44.54	-38.38	-38.45	-39.37	-39.15	-38.84	-40.05	-40.41	-41.07	-41.02	-39.81	-41.03	-41.82	-41.30	-40.79	-41.34	-42.48	-41.98	-40.58	-42.12
Book Value	103,309	104,460	105,042	103,063	100,722	99,237	96,326	96,172	94,334	92,430	97,741	95,193	92,883	91,144	87,468	86,016	83,762	81,790	77,044	73,684
Book Value Per Share	24.54	24.66	24.82	24.38	23.83	23.48	22.80	22.78	22.36	21.93	23.18	22.60	22.06	21.66	20.75	20.47	19.93	19.62	18.59	17.79
Tangible Book Value	-97,200	-85,878	-85,241	-87,233	-89,693	-91,346	-93,673	-93,641	-95,454	-97,137	-97,318	-95,888	-97,522	-98,784	-101,568	-102,632	-104,382	-106,109	-100,632	-56,267
Tangible Book Value Per Share	-23.09	-20.27	-20.14	-20.63	-21.22	-21.61	-22.17	-22.18	-22.62	-23.05	-23.08	-22.76	-23.16	-23.48	-24.09	-24.42	-24.84	-25.45	-24.28	-13.58

Updated Apr 27, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

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