Income Before Tax

Pre-Tax Income

Verizon Communications Pre-Tax Income increased by 121.5% to $6.78B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.8%, from $6.47B to $6.78B. Over 3 years (FY 2021 to FY 2025), Pre-Tax Income shows a downward trend with a -8.3% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementIncome Statement
SectionIncome Before Tax
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 1, 2026

How to read this metric

Higher values indicate stronger overall profitability and operational efficiency before tax impacts.

Detailed definition

Measures the profitability of the company after all operating and non-operating expenses have been deducted, but before...

Peer comparison

A standard GAAP metric used universally to compare pre-tax performance across different industries.

Metric ID: income_before_tax

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$7.82B$8.37B$6.14B$6.08B$6.86B$6.52B$8.81B$6.50B$6.11B$6.19B$6.08B$6.03B$4.30B$6.57B$6.47B$6.61B$6.53B$3.06B$6.78B
QoQ Change+7.0%-26.6%-1.0%+12.7%-4.9%+35.1%-26.2%-6.0%+1.3%-1.9%-0.7%-28.7%+52.7%-1.4%+2.1%-1.2%-53.1%+121.5%
YoY Change-12.4%-22.1%+43.4%+6.9%-10.9%-5.0%-6.5%-1.3%-30.5%+6.6%+9.5%+51.7%-53.4%+4.8%
Range$3.06B$8.81B
CAGR-3.1%
Avg YoY Growth-1.4%
Median YoY Growth-3.2%

Frequently Asked Questions

What is Verizon Communications's pre-tax income?
Verizon Communications (VZ) reported pre-tax income of $6.78B in Q1 2026.
How has Verizon Communications's pre-tax income changed year-over-year?
Verizon Communications's pre-tax income increased by 4.8% year-over-year, from $6.47B to $6.78B.
What is the long-term trend for Verizon Communications's pre-tax income?
Over 3 years (2021 to 2025), Verizon Communications's pre-tax income has grown at a -8.3% compound annual growth rate (CAGR), from $29.42B to $22.67B.
What does pre-tax income mean?
Total profit earned before accounting for income tax obligations.