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Operating Expenses

Total costs & expenses

Verizon Communications Total costs & expenses decreased by 16.5% to $26.2B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.7%, from $25.51B to $26.2B. Over 4 years (FY 2021 to FY 2025), Total costs & expenses shows relatively stable performance with a 1.9% CAGR.

Analysis

StatementIncome Statement
SectionOperating Expenses
First reportedQ1 2013
Last reportedQ1 2026May 1, 2026
Metric ID: total_costs_and_expenses

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$25.6B$24.01B$26.46B$25.76B$26.24B$26.35B$28.03B$25.33B$25.38B$25.86B$34.53B$25.46B$24.98B$27.4B$28.26B$25.51B$26.33B$25.72B$31.38B$26.2B
QoQ Change-6.2%+10.2%-2.6%+1.9%+0.4%+6.4%-9.6%+0.2%+1.9%+33.5%-26.3%-1.9%+9.7%+3.1%-9.7%+3.2%-2.3%+22.0%-16.5%
YoY Change+2.5%+9.7%+5.9%-1.7%-3.3%-1.8%+23.2%+0.5%-1.6%+6.0%-18.2%+0.2%+5.4%-6.2%+11.0%+2.7%
Range$24.01B$34.53B
CAGR+0.5%
Avg YoY Growth+2.2%
Median YoY Growth+1.5%

Business Segments

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Consumer$17.32B$17.76B$20.66B$18.19B$19.01B$18.44B$21.54B$18.74B
Business$6.8B$6.79B$6.91B$6.62B$6.64B$6.51B$6.77B$6.54B
Total$24.98B$27.4B$28.26B$25.51B$26.33B$25.72B$31.38B$26.2B

Frequently Asked Questions

What is Verizon Communications's total costs & expenses?
Verizon Communications (VZ) reported total costs & expenses of $26.2B in Q1 2026.
How has Verizon Communications's total costs & expenses changed year-over-year?
Verizon Communications's total costs & expenses increased by 2.7% year-over-year, from $25.51B to $26.2B.
What is the long-term trend for Verizon Communications's total costs & expenses?
Over 4 years (2021 to 2025), Verizon Communications's total costs & expenses has grown at a 1.9% compound annual growth rate (CAGR), from $101.17B to $108.93B.