Current Assets
Contract Assets
Verizon Communications Contract Assets decreased by 13.1% to $450.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 19.5%, from $559.00M to $450.00M. Over 4 years (FY 2021 to FY 2025), Contract Assets shows a downward trend with a -8.5% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
First reportedQ4 2021
Last reportedQ1 2026May 1, 2026
Metric ID:
contract_assetsHistorical Data
17 periods
| Q4 '21 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $739.00M | $697.00M | $692.00M | $656.00M | $580.00M | $542.00M | $541.00M | $546.00M | $541.00M | $548.00M | $569.00M | $621.00M | $559.00M | $537.00M | $549.00M | $518.00M | $450.00M |
| QoQ Change | — | -5.7% | -0.7% | -5.2% | -11.6% | -6.6% | -0.2% | +0.9% | -0.9% | +1.3% | +3.8% | +9.1% | -10.0% | -3.9% | +2.2% | -5.6% | -13.1% |
| YoY Change | — | — | — | -11.2% | — | -22.2% | -21.8% | -16.8% | -6.7% | +1.1% | +5.2% | +13.7% | +3.3% | -2.0% | -3.5% | -16.6% | -19.5% |
Range$450.00M – $739.00M
CAGR-11.7%
Avg YoY Growth-7.5%
Median YoY Growth-6.7%
Current Streak2 quarters decline
Contract Assets at Other Companies
Frequently Asked Questions
- What is Verizon Communications's contract assets?
- Verizon Communications (VZ) reported contract assets of $450.00M in Q1 2026.
- How has Verizon Communications's contract assets changed year-over-year?
- Verizon Communications's contract assets decreased by 19.5% year-over-year, from $559.00M to $450.00M.
- What is the long-term trend for Verizon Communications's contract assets?
- Over 4 years (2021 to 2025), Verizon Communications's contract assets has grown at a -8.5% compound annual growth rate (CAGR), from $739.00M to $518.00M.