Operating Lease Liabilities
Verizon Communications Operating Lease Liabilities decreased by 1.4% to $18.69B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 3.5%, from $19.38B to $18.69B. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities shows relatively stable performance with a 1.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase reflects expansion of the leased asset base, which may signal growth but also increases fixed financial commitments.
Detailed definition
This represents the long-term portion of obligations arising from operating leases for assets such as cell towers, offic...
Peer comparison
Telecom companies often have high lease liabilities due to the extensive leasing of cell tower space and network infrastructure.
operating_lease_liabilities_non_currentHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | 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 | $23.36B | $23.51B | $23.20B | $22.93B | $22.60B | $22.18B | $21.56B | $21.30B | $20.75B | $20.77B | $20.00B | $19.65B | $19.46B | $19.25B | $19.93B | $19.38B | $19.16B | $19.18B | $18.95B | $18.69B |
| QoQ Change | — | +0.6% | -1.3% | -1.2% | -1.5% | -1.9% | -2.8% | -1.2% | -2.6% | +0.1% | -3.7% | -1.7% | -1.0% | -1.1% | +3.5% | -2.8% | -1.1% | +0.1% | -1.2% | -1.4% |
| YoY Change | — | — | — | — | -3.3% | -5.7% | -7.1% | -7.1% | -8.2% | -6.3% | -7.2% | -7.7% | -6.2% | -7.3% | -0.4% | -1.4% | -1.5% | -0.4% | -4.9% | -3.5% |
Operating Lease Liabilities at Other Companies
Frequently Asked Questions
- What is Verizon Communications's operating lease liabilities?
- Verizon Communications (VZ) reported operating lease liabilities of $18.69B in Q1 2026.
- How has Verizon Communications's operating lease liabilities changed year-over-year?
- Verizon Communications's operating lease liabilities decreased by 3.5% year-over-year, from $19.38B to $18.69B.
- What is the long-term trend for Verizon Communications's operating lease liabilities?
- Over 5 years (2020 to 2025), Verizon Communications's operating lease liabilities has grown at a 1.0% compound annual growth rate (CAGR), from $18.00B to $18.95B.
- What does operating lease liabilities mean?
- The long-term portion of the debt created by leasing assets instead of owning them.