Verizon Communications annual net debt
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Verizon Communications Net Debt Growth & History (VZ)
Verizon Communications's net debt was $165.11B for fiscal 2025.
View full Verizon Communications company overviewVerizon Communications annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $165.11B | −$1.41B | −0.84% |
| 2024 | 2024-12-31 | $166.51B | −$8.46B | −4.83% |
| 2023 | 2023-12-31 | $174.97B | −$490.0M | −0.28% |
| 2022 | 2022-12-31 | $175.46B | −$876.0M | −0.50% |
| 2021 | 2021-12-31 | $176.33B | $46.67B | +36.00% |
| 2020 | 2020-12-31 | $129.66B | −$2.00B | −1.52% |
| 2019 | 2019-12-31 | $131.66B | $20.44B | +18.38% |
| 2018 | 2018-12-31 | $111.22B | −$3.79B | −3.30% |
| 2017 | 2017-12-31 | $115.02B | $9.82B | +9.33% |
| 2016 | 2016-12-31 | $105.20B | −$61.0M | −0.06% |
| 2015 | 2015-12-31 | $105.26B | $2.59B | +2.52% |
| 2014 | 2014-12-31 | $102.67B | $62.61B | +156.28% |
| 2013 | 2013-12-31 | $40.06B | −$8.83B | −18.06% |
| 2012 | 2012-12-31 | $48.89B | $7.10B | +17.00% |
| 2011 | 2011-12-31 | $41.79B | −$4.34B | −9.40% |
| 2010 | 2010-12-31 | $46.13B | −$14.12B | −23.44% |
| 2009 | 2009-12-31 | $60.25B | $23.07B | +62.05% |
| 2008 | 2008-12-31 | $37.18B | — | — |
Verizon Communications quarterly net debt
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| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $164.92B | $20.53B | +14.22% |
| Q1 2026 | 2026-03-31 | $159.28B | $16.45B | +11.52% |
| Q4 2025 | 2025-12-31 | $165.11B | −$1.41B | −0.84% |
| Q3 2025 | 2025-09-30 | $142.60B | −$4.85B | −3.29% |
| Q2 2025 | 2025-06-30 | $144.39B | −$2.90B | −1.97% |
| Q1 2025 | 2025-03-31 | $142.83B | −$14.85B | −9.42% |
| Q4 2024 | 2024-12-31 | $166.51B | −$8.46B | −4.83% |
| Q3 2024 | 2024-09-30 | $147.45B | −$7.46B | −4.82% |
| Q2 2024 | 2024-06-30 | $147.29B | −$10.73B | −6.79% |
| Q1 2024 | 2024-03-31 | $157.68B | −$6.34B | −3.87% |
| Q4 2023 | 2023-12-31 | $174.97B | −$490.0M | −0.28% |
| Q3 2023 | 2023-09-30 | $154.91B | −$2.06B | −1.31% |
| Q2 2023 | 2023-06-30 | $158.02B | −$2.81B | −1.75% |
| Q1 2023 | 2023-03-31 | $164.02B | −$1.06B | −0.64% |
| Q4 2022 | 2022-12-31 | $175.46B | −$876.0M | −0.50% |
| Q3 2022 | 2022-09-30 | $156.97B | −$3.56B | −2.22% |
| Q2 2022 | 2022-06-30 | $160.84B | −$6.64B | −3.97% |
| Q1 2022 | 2022-03-31 | $165.08B | $4.28B | +2.66% |
| Q4 2021 | 2021-12-31 | $176.33B | $46.67B | +36.00% |
| Q3 2021 | 2021-09-30 | $160.53B | $38.07B | +31.09% |
| Q2 2021 | 2021-06-30 | $167.48B | $46.74B | +38.71% |
| Q1 2021 | 2021-03-31 | $160.80B | $39.84B | +32.93% |
| Q4 2020 | 2020-12-31 | $129.66B | −$2.00B | −1.52% |
| Q3 2020 | 2020-09-30 | $122.46B | $2.53B | +2.11% |
| Q2 2020 | 2020-06-30 | $120.74B | −$3.52B | −2.83% |
| Q1 2020 | 2020-03-31 | $120.96B | −$3.73B | −2.99% |
| Q4 2019 | 2019-12-31 | $131.66B | $20.44B | +18.38% |
| Q3 2019 | 2019-09-30 | $119.92B | $9.52B | +8.62% |
| Q2 2019 | 2019-06-30 | $124.26B | $11.37B | +10.07% |
| Q1 2019 | 2019-03-31 | $124.69B | $7.56B | +6.45% |
| Q4 2018 | 2018-12-31 | $111.22B | −$3.79B | −3.30% |
| Q3 2018 | 2018-09-30 | $110.40B | −$2.61B | −2.31% |
| Q2 2018 | 2018-06-30 | $112.89B | −$70.0M | −0.06% |
| Q1 2018 | 2018-03-31 | $117.13B | $4.89B | +4.36% |
| Q4 2017 | 2017-12-31 | $115.02B | $9.82B | +9.33% |
| Q3 2017 | 2017-09-30 | $113.01B | $12.86B | +12.84% |
| Q2 2017 | 2017-06-30 | $112.96B | $16.09B | +16.61% |
| Q1 2017 | 2017-03-31 | $112.24B | $8.21B | +7.89% |
| Q4 2016 | 2016-12-31 | $105.20B | −$61.0M | −0.06% |
| Q3 2016 | 2016-09-30 | $100.15B | −$8.30B | −7.65% |
| Q2 2016 | 2016-06-30 | $96.87B | −$13.79B | −12.47% |
| Q1 2016 | 2016-03-31 | $104.03B | −$4.97B | −4.56% |
| Q4 2015 | 2015-12-31 | $105.26B | $2.59B | +2.52% |
| Q3 2015 | 2015-09-30 | $108.45B | $6.44B | +6.31% |
| Q2 2015 | 2015-06-30 | $110.66B | $6.46B | +6.20% |
| Q1 2015 | 2015-03-31 | $109.00B | $2.14B | +2.00% |
| Q4 2014 | 2014-12-31 | $102.67B | $62.61B | +156.28% |
| Q3 2014 | 2014-09-30 | $102.01B | $59.58B | +140.42% |
| Q2 2014 | 2014-06-30 | $104.20B | $56.24B | +117.25% |
| Q1 2014 | 2014-03-31 | $106.86B | $59.46B | +125.42% |
| Q4 2013 | 2013-12-31 | $40.06B | −$8.83B | −18.06% |
| Q3 2013 | 2013-09-30 | $42.43B | −$658.0M | −1.53% |
| Q2 2013 | 2013-06-30 | $47.96B | $5.57B | +13.15% |
| Q1 2013 | 2013-03-31 | $47.41B | $1.72B | +3.76% |
| Q4 2012 | 2012-12-31 | $48.89B | $7.10B | +17.00% |
| Q3 2012 | 2012-09-30 | $43.09B | −$1.50B | −3.37% |
| Q2 2012 | 2012-06-30 | $42.39B | −$5.35B | −11.21% |
| Q1 2012 | 2012-03-31 | $45.69B | −$1.50B | −3.18% |
| Q4 2011 | 2011-12-31 | $41.79B | −$4.34B | −9.40% |
| Q3 2011 | 2011-09-30 | $44.59B | −$3.19B | −6.67% |
| Q2 2011 | 2011-06-30 | $47.74B | −$4.96B | −9.42% |
| Q1 2011 | 2011-03-31 | $47.19B | −$4.20B | −8.17% |
| Q4 2010 | 2010-12-31 | $46.13B | −$14.12B | −23.44% |
| Q3 2010 | 2010-09-30 | $47.78B | −$8.38B | −14.93% |
| Q2 2010 | 2010-06-30 | $52.71B | −$5.94B | −10.13% |
| Q1 2010 | 2010-03-31 | $51.39B | — | — |
| Q4 2009 | 2009-12-31 | $60.25B | $23.07B | +62.05% |
| Q3 2009 | 2009-09-30 | $56.16B | — | — |
| Q2 2009 | 2009-06-30 | $58.65B | — | — |
| Q4 2008 | 2008-12-31 | $37.18B | — | — |
Verizon Communications net debt trends
Over the last five fiscal years, Verizon Communications's net debt increased from $129.66B to $165.11B, a change of $35.45B. The latest reported quarter, Q2 2026, shows $164.92B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. 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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