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 2026

How to read this metric

This provides a view of profitability that is not skewed by varying tax rates or one-time tax credits.

Detailed definition

A company's profits before the deduction of corporate income tax. It combines operating performance with non-operating f...

Peer comparison

Used to compare companies across different tax jurisdictions to see who generates more raw profit.

Metric ID: is_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?
The total profit a company made before paying its income taxes.