Income StatementBalance SheetCash FlowSegments
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Verizon Communications Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Verizon Communications holds $417.88B in total assets. Cash and equivalents total $8.4B. The current ratio is 0.640. Based on the Q2 2026 filing.

Total Assets$417.88BTotal Stockholders Equity$104.62BLong Term Debt$144.23BCash And Equivalents$8.4BTotal Current Assets$44.7BTotal Current Liabilities$69.9B
Latest FilingQ2 2026
Report Date2026-04-27
Market Cap$201.89B
P/E Ratio11.55

Current Liabilities

MetricQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Accrued Progress Collections and Price Adjustments$2.2B$2.2B$2.2B$2.4B$2.6B—
Accounts payable and other current liabilities (Note 11)$19.4B$19.9B$20.7B$25.0B$21.9B—
Other accrued liabilities$14.3B$14.3B$14.2B$14.2B$15.0B—
Current portion of long-term debt$22.6B$22.1B$20.1B$441.0M$28.2B—
Deferred revenue$7.5B$7.5B$7.5B$7.6B$7.8B—
Operating lease liabilities, current$4.7B$4.7B$4.5B$4.5B$4.7B—
Short-term borrowings———$441.0M——
Supplier Finance Program Obligations$619.0M$646.0M$738.0M$723.0M$533.0M—
Total current liabilities$61.1B$61.0B$59.6B$62.4B$69.9B$69.9B

Non-Current Assets

MetricQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Accumulated Goodwill Impairment Losses——$5.8B$5.8B$5.8B—
Purchased Credit Deteriorated Loans$28.5B$29.0B$29.0B$31.3B$30.9B—
Contract Assets, Non-Current$301.0M$247.0M$292.0M$259.0M$270.0M—
Deferred tax assets$46.6B$46.6B$48.2B$48.7B$703.0M—
Deferred Tax Assets and Other Non-Current Assets$19.7B$21.3B$21.0B$23.2B$22.5B—
Equipment Installment Plan Receivables (Non-Current), Net$13.6B$14.1B$14.0B$15.5B$15.2B—
Equity Securities (FV-NI) - Non-Current———$453.0M$516.0M—
Equity Securities Without Readily Determinable Fair Value - Cumulative Downward Adjustments$717.0M$711.0M$714.0M$710.0M$657.0M—
Equity Securities Without Readily Determinable Fair Value - Cumulative Impairment Loss$120.0M$124.0M$141.0M—$155.0M—
Equity Securities Without Readily Determinable Fair Value - Cumulative Upward Adjustments$180.0M$177.0M$191.0M—$191.0M—
Equity Securities (Non-Current)———$453.0M$516.0M—
Goodwill$22.8B$22.8B$22.8B$22.8B$30.6B$30.6B
Indefinite-Lived Intangible Assets$156.7B$156.8B$156.9B$157.0B$157.1B—
Investments - Amortized Cost Basis$717.0M$711.0M$714.0M$710.0M$657.0M—
Net Investment in Lease$24.2B$23.9B$23.8B$23.5B$23.4B—
Deferred costs$2.8B$2.8B$2.8B$2.8B$2.8B—
Allowance for loan losses———$1.6B$1.7B—
Intangible assets — net$10.8B$10.6B$10.5B$10.5B$12.8B—
Investments$820.0M$807.0M$799.0M$785.0M$730.0M—
Long-term financing receivables (net of allowances of $27 in 2026 and $34 in 2025)$13.6B$14.1B$14.0B$15.5B$15.2B—
Operating lease right-of-use assets$24.2B$23.9B$23.8B$23.5B$23.4B—
Other non-current assets$19.7B$21.3B$21.0B$23.2B$22.5B—
Property, plant and equipment at cost$331.9B$332.5B$334.8B$338.0B$357.7B—
Operating Lease Right-of-Use Assets in Other Assets$24.2B$23.9B$23.8B$23.5B$23.4B—
Accumulated depreciation$224.0B$224.5B$226.3B$228.5B$231.7B—
Property and equipment, net$107.9B$108.1B$108.5B$109.5B$126.0B$126.0B
Software and Technology Licenses, Net$19.7B$21.3B$21.0B$23.2B$22.5B—
Total assets$380.4B$383.3B$388.3B$404.3B$417.9B$417.9B

Equity

MetricQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Additional paid-in capital$13.4B$13.4B$13.4B$13.4B$13.3B—
Accumulated other comprehensive income (loss)-$1.5B-$1.5B-$1.7B-$1.7B-$2.4B—
Common stock$429.0M$429.0M$429.0M$429.0M$429.0M—
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding$0.0$0.0$0.0$0.0$0.0—
Retained earnings$91.1B$93.3B$95.3B$94.7B$96.8B—
Share Repurchase Program - Amount Remaining————$22.5B—
Total liabilities and stockholders' equity$380.4B$383.3B$388.3B$404.3B$417.9B$417.9B
Total stockholders' equity$102.0B$104.4B$106.3B$105.7B$104.6B—
Treasury stock$3.3B$3.3B$3.3B$3.3B$5.3B—

Current Assets

MetricQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Allowance for Doubtful Accounts$1.1B$1.2B$1.2B$1.3B$1.3B—
Capitalized Contract Costs, Current$2.9B$3.1B$3.1B$3.3B$3.4B—
Cash and cash equivalents$2.8B$3.9B$8.2B$19.5B$8.6B$8.4B
Contract assets$559.0M$537.0M$549.0M$518.0M$450.0M—
Accounts receivable$27.0B$27.4B$27.1B$28.3B$28.0B—
Deferred costs$2.9B$3.1B$3.1B$3.3B$3.4B—
Other accounts receivable (net of allowances of $37 in 2026 and $37 in 2025)$815.0M$953.0M$838.0M$1.4B$880.0M—
Equipment Installment Plan Receivables, Gross$30.8B$31.5B$31.4B$34.0B$33.6B—
Equipment Installment Plan Receivables, Net$29.8B$30.5B$30.4B$21.7B$21.4B—
Finance Receivables (Current)$14.9B$14.9B$15.0B$15.8B$15.7B—
Financing Receivables$19.5B$20.0B$19.9B$21.7B$21.4B—
Loans and Lending Commitments$28.5B$29.0B$29.0B$31.3B$30.9B—
Prepaid expenses and other current assets$7.0B$7.0B$7.7B$8.3B$7.4B—
Receivable Imputed Interest Discount$976.0M$1.0B$1.0B$1.1B$1.0B—
Receivable with Imputed Interest, Net$29.8B$30.5B$30.4B$33.0B$32.6B—
Restricted cash$329.0M$318.0M$303.0M$297.0M$97.0M—
Total current assets$37.4B$38.8B$44.0B$56.9B$44.7B$44.7B
Trading Securities in Marketable Securities$717.0M$711.0M$714.0M$710.0M$657.0M—

Other

MetricQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Nonperforming Loans and Leases Percentage$30.8B$31.5B$31.4B$34.0B$33.6B—
Cumulative Cost Basis$331.9B$332.5B$334.8B$338.0B$357.7B—
Line of Credit Remaining Borrowing Capacity$12.0B$12.0B$12.0B—$12.1B—
Accounts Receivable$9.1B$9.4B$9.1B$9.6B$9.3B—
Capitalized Contract Cost, Net$5.7B$5.9B$6.0B$6.2B$6.2B—
Common stock, par value (in dollars per share)$0.10$0.10$0.10$0.10$0.10—
Common stock, shares authorized (in shares)6.3B6.3B6.3B6.3B6.3B—
Common stock, shares issued (in shares)4.3B4.3B4.3B4.3B4.3B—
Contract with Customer, Asset, after Allowance for Credit Loss$860.0M$784.0M$841.0M$777.0M$720.0M—
Contract with Customer, Liability$9.7B$9.8B$9.7B$10.0B$10.4B—
Deferred compensation – employee stock ownership plans (ESOPs) and other$534.0M$714.0M$827.0M$897.0M$500.0M—
Deferred income taxes$46.6B$46.6B$48.2B$48.7B$49.3B—
Derivative asset fair value of collateral$0.0$0.0$0.0$0.0$0.0—
Derivative liability fair value of collateral$1.6B$1.1B$1.1B$1.1B$1.1B—
Trading securities, cost$717.0M$711.0M$714.0M$710.0M$657.0M—
Finite-Lived Intangible Assets, Accumulated Amortization$24.6B$25.3B$24.9B$25.2B$25.4B—
2028$2.1B$2.2B$2.3B—$2.3B—
2030$946.0M$1.0B$1.1B—$1.2B—
2031$690.0M$761.0M$843.0M—$851.0M—
Remainder of 2026$2.2B$1.5B$764.0M—$2.5B—
2027$2.6B$2.7B$2.9B—$2.9B—
2029$1.6B$1.7B$1.8B—$1.5B—
Gross Carrying Amount$35.5B$36.0B$35.4B$35.7B$38.2B—
Goodwill accumulated impairment losses——$5.8B$5.8B$5.8B—
Amount outstanding under the credit facility$5.1B$4.9B$4.6B—$5.9B—
Committed Revolving Credit Facilities$22.0B$22.0B$22.0B—$24.0B—
Long-Term Debt and Lease Obligation$121.0B$123.9B$126.6B$139.5B$144.2B—
Noncontrolling interests in subsidiaries$1.3B$1.3B$1.3B$1.3B$1.3B—
Number of states in which wireline services are provided————31.00—
Preferred Stock, Par or Stated Value Per Share$0.10$0.10$0.10$0.10$0.10—
Preferred Stock, Shares Authorized250M250M250M250M250M—
Preferred Stock, Shares Issued00000—
Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied$53.3B$53.5B$53.8B—$57.6B—
Share Repurchase Program, Authorized, Amount————$25.0B—
Share Repurchase Program, Remaining Authorized, Amount————$22.5B—
Treasury stock, shares (in shares)75.2M75.1M75M74.3M115.9M—
Remainder of Fiscal Year 2024$2.2B$1.5B$764.0M—$2.5B—

Non-Current Liabilities

MetricQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Contract Liabilities, Non-Current$2.2B$2.2B$2.2B$2.4B$2.6B—
Defined Benefit Pension Plan Liabilities (Non-Current)$11.8B$11.2B$11.1B$11.1B$12.0B—
Long-Term Debt and Finance Lease Obligations$121.0B$123.9B$126.6B$139.5B$144.2B—
Deferred revenue, net of current portion$2.2B$2.2B$2.2B$2.4B$2.6B—
Retirement and nonpension postretirement benefit obligations$11.8B$11.2B$11.1B$11.1B$12.0B—
Operating lease liabilities, non-current$19.4B$19.2B$19.2B$19.0B$18.7B—
Other non-current liabilities$18.4B$17.1B$17.3B$17.8B$19.1B—
Total liabilities$7.2B$5.9B$6.0B$6.3B$6.7B—
Total noncurrent liabilities$217.3B$218.0B$222.4B$236.1B$243.4B—