Current Liabilities

Operating Lease Liabilities (Current)

Verizon Communications Operating Lease Liabilities (Current) increased by 3.9% to $4.72B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.7%, from $4.69B to $4.72B. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities (Current) shows an upward trend with a 5.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalLower is better
VolatilityStable
First reportedQ4 2018
Last reportedQ1 2026May 1, 2026

How to read this metric

An increase reflects higher near-term lease obligations, impacting short-term cash flow requirements.

Detailed definition

This represents the portion of operating lease payments due within the next twelve months. It reflects the immediate cas...

Peer comparison

Standard for companies with large leased infrastructure footprints; comparable to peers with similar network leasing strategies.

Metric ID: operating_lease_liabilities_current

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$3.88B$3.61B$3.86B$3.85B$3.91B$3.96B$4.13B$4.18B$4.21B$3.91B$4.27B$4.28B$4.25B$4.31B$4.42B$4.69B$4.73B$4.50B$4.54B$4.72B
QoQ Change-7.1%+7.0%-0.3%+1.7%+1.3%+4.4%+1.0%+0.8%-7.2%+9.2%+0.4%-0.8%+1.5%+2.4%+6.1%+1.0%-4.9%+0.9%+3.9%
YoY Change+0.8%+9.8%+7.1%+8.6%+7.6%-1.4%+3.2%+2.5%+0.9%+10.4%+3.5%+9.4%+11.4%+4.4%+2.9%+0.7%
Range$3.61B$4.73B
CAGR+4.2%
Avg YoY Growth+5.1%
Median YoY Growth+3.9%
Current Streak2 quarters growth

Frequently Asked Questions

What is Verizon Communications's operating lease liabilities (current)?
Verizon Communications (VZ) reported operating lease liabilities (current) of $4.72B in Q1 2026.
How has Verizon Communications's operating lease liabilities (current) changed year-over-year?
Verizon Communications's operating lease liabilities (current) increased by 0.7% year-over-year, from $4.69B to $4.72B.
What is the long-term trend for Verizon Communications's operating lease liabilities (current)?
Over 5 years (2020 to 2025), Verizon Communications's operating lease liabilities (current) has grown at a 5.4% compound annual growth rate (CAGR), from $3.49B to $4.54B.
What does operating lease liabilities (current) mean?
The portion of lease payments due within the next year for rented assets.