Verizon Communications annual capital expenditures (capex)
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Verizon Communications Capital Expenditures (CapEx) Growth & History (VZ)
Verizon Communications's capital expenditures (capex) was $17.46B for fiscal 2025.
View full Verizon Communications company overviewVerizon Communications annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $17.46B | −$529.0M | −2.94% |
| 2024 | 2024-12-31 | $17.99B | −$6.57B | −26.76% |
| 2023 | 2023-12-31 | $24.56B | −$2.18B | −8.14% |
| 2022 | 2022-12-31 | $26.74B | −$41.14B | −60.61% |
| 2021 | 2021-12-31 | $67.88B | $45.79B | +207.33% |
| 2020 | 2020-12-31 | $22.09B | $3.25B | +17.26% |
| 2019 | 2019-12-31 | $18.84B | $2.18B | +13.08% |
| 2018 | 2018-12-31 | $16.66B | −$589.0M | −3.42% |
| 2017 | 2017-12-31 | $17.25B | $188.0M | +1.10% |
| 2016 | 2016-12-31 | $17.06B | −$716.0M | −4.03% |
| 2015 | 2015-12-31 | $17.77B | $584.0M | +3.40% |
| 2014 | 2014-12-31 | $17.19B | $587.0M | +3.54% |
| 2013 | 2013-12-31 | $16.60B | $429.0M | +2.65% |
| 2012 | 2012-12-31 | $16.18B | −$69.0M | −0.42% |
| 2011 | 2011-12-31 | $16.24B | −$214.0M | −1.30% |
| 2010 | 2010-12-31 | $16.46B | −$414.0M | −2.45% |
| 2009 | 2009-12-31 | $16.87B | −$261.0M | −1.52% |
| 2008 | 2008-12-31 | $17.13B | −$405.0M | −2.31% |
| 2007 | 2007-12-31 | $17.54B | — | — |
Verizon Communications quarterly capital expenditures (capex)
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| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $5.08B | $1.16B | +29.62% |
| Q1 2026 | 2026-03-31 | $4.28B | $17.0M | +0.40% |
| Q4 2025 | 2025-12-31 | $4.86B | −$345.0M | −6.63% |
| Q3 2025 | 2025-09-30 | $4.42B | $313.0M | +7.63% |
| Q2 2025 | 2025-06-30 | $3.92B | $61.0M | +1.58% |
| Q1 2025 | 2025-03-31 | $4.27B | −$558.0M | −11.56% |
| Q4 2024 | 2024-12-31 | $5.20B | −$3.34B | −39.07% |
| Q3 2024 | 2024-09-30 | $4.10B | −$765.0M | −15.71% |
| Q2 2024 | 2024-06-30 | $3.86B | −$740.0M | −16.09% |
| Q1 2024 | 2024-03-31 | $4.83B | −$1.73B | −26.40% |
| Q4 2023 | 2023-12-31 | $8.54B | $501.0M | +6.23% |
| Q3 2023 | 2023-09-30 | $4.87B | −$1.07B | −17.98% |
| Q2 2023 | 2023-06-30 | $4.60B | −$508.0M | −9.95% |
| Q1 2023 | 2023-03-31 | $6.56B | −$1.10B | −14.40% |
| Q4 2022 | 2022-12-31 | $8.04B | $1.04B | +14.94% |
| Q3 2022 | 2022-09-30 | $5.93B | −$959.0M | −13.91% |
| Q2 2022 | 2022-06-30 | $5.11B | $390.0M | +8.27% |
| Q1 2022 | 2022-03-31 | $7.66B | −$41.62B | −84.46% |
| Q4 2021 | 2021-12-31 | $6.99B | $2.83B | +68.00% |
| Q3 2021 | 2021-09-30 | $6.89B | $620.0M | +9.88% |
| Q2 2021 | 2021-06-30 | $4.72B | −$1.23B | −20.63% |
| Q1 2021 | 2021-03-31 | $49.28B | $43.57B | +763.30% |
| Q4 2020 | 2020-12-31 | $4.16B | −$2.34B | −36.00% |
| Q3 2020 | 2020-09-30 | $6.27B | $1.91B | +43.73% |
| Q2 2020 | 2020-06-30 | $5.94B | $2.24B | +60.67% |
| Q1 2020 | 2020-03-31 | $5.71B | $1.44B | +33.74% |
| Q4 2019 | 2019-12-31 | $6.50B | $1.87B | +40.44% |
| Q3 2019 | 2019-09-30 | $4.37B | $177.0M | +4.23% |
| Q2 2019 | 2019-06-30 | $3.70B | $413.0M | +12.57% |
| Q1 2019 | 2019-03-31 | $4.27B | −$284.0M | −6.24% |
| Q4 2018 | 2018-12-31 | $4.63B | −$1.33B | −22.35% |
| Q3 2018 | 2018-09-30 | $4.19B | −$83.0M | −1.94% |
| Q2 2018 | 2018-06-30 | $3.29B | −$658.0M | −16.68% |
| Q1 2018 | 2018-03-31 | $4.55B | $1.49B | +48.42% |
| Q4 2017 | 2017-12-31 | $5.96B | $304.0M | +5.37% |
| Q3 2017 | 2017-09-30 | $4.27B | $146.0M | +3.54% |
| Q2 2017 | 2017-06-30 | $3.94B | $58.0M | +1.49% |
| Q1 2017 | 2017-03-31 | $3.07B | −$320.0M | −9.45% |
| Q4 2016 | 2016-12-31 | $5.66B | $426.0M | +8.14% |
| Q3 2016 | 2016-09-30 | $4.13B | −$262.0M | −5.97% |
| Q2 2016 | 2016-06-30 | $3.89B | −$602.0M | −13.41% |
| Q1 2016 | 2016-03-31 | $3.39B | −$278.0M | −7.59% |
| Q4 2015 | 2015-12-31 | $5.24B | $668.0M | +14.63% |
| Q3 2015 | 2015-09-30 | $4.39B | $257.0M | +6.22% |
| Q2 2015 | 2015-06-30 | $4.49B | $144.0M | +3.31% |
| Q1 2015 | 2015-03-31 | $3.67B | −$485.0M | −11.69% |
| Q4 2014 | 2014-12-31 | $4.57B | −$230.0M | −4.79% |
| Q3 2014 | 2014-09-30 | $4.13B | −$61.0M | −1.46% |
| Q2 2014 | 2014-06-30 | $4.34B | $330.0M | +8.22% |
| Q1 2014 | 2014-03-31 | $4.15B | $548.0M | +15.21% |
| Q4 2013 | 2013-12-31 | $4.80B | −$63.0M | −1.30% |
| Q3 2013 | 2013-09-30 | $4.19B | $306.0M | +7.88% |
| Q2 2013 | 2013-06-30 | $4.01B | $149.0M | +3.86% |
| Q1 2013 | 2013-03-31 | $3.60B | $37.0M | +1.04% |
| Q4 2012 | 2012-12-31 | $4.86B | $1.16B | +31.42% |
| Q3 2012 | 2012-09-30 | $3.88B | $257.0M | +7.08% |
| Q2 2012 | 2012-06-30 | $3.87B | −$690.0M | −15.15% |
| Q1 2012 | 2012-03-31 | $3.56B | −$798.0M | −18.29% |
| Q4 2011 | 2011-12-31 | $3.70B | −$1.02B | −21.55% |
| Q3 2011 | 2011-09-30 | $3.63B | −$497.0M | −12.05% |
| Q2 2011 | 2011-06-30 | $4.55B | $359.0M | +8.56% |
| Q1 2011 | 2011-03-31 | $4.36B | $940.0M | +27.46% |
| Q4 2010 | 2010-12-31 | $4.71B | $292.0M | +6.60% |
| Q3 2010 | 2010-09-30 | $4.13B | −$231.0M | −5.30% |
| Q2 2010 | 2010-06-30 | $4.20B | −$191.0M | −4.35% |
| Q1 2010 | 2010-03-31 | $3.42B | −$284.0M | −7.66% |
| Q4 2009 | 2009-12-31 | $4.42B | — | — |
| Q3 2009 | 2009-09-30 | $4.36B | $178.0M | +4.26% |
| Q2 2009 | 2009-06-30 | $4.39B | — | — |
| Q1 2009 | 2009-03-31 | $3.71B | — | — |
| Q3 2008 | 2008-09-30 | $4.18B | — | — |
Verizon Communications capital expenditures (capex) trends
Over the last five fiscal years, Verizon Communications's capital expenditures (capex) decreased from $22.09B to $17.46B, a change of −$4.63B. The latest reported quarter, Q2 2026, shows $5.08B.
About the metric
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
Calculation and source
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Verizon Communications source filings ↗Community posts
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