Income tax expense · 2011–2025

Verizon Communications income tax expense

$5.1B+0.7% · FY2025

Verizon Communications (VZ) reported $5.1B in income tax expense for fiscal 2025, +0.7% year on year.

$285M2011−$660M2012$5.7B2013$3.3B2014$9.9B2015$7.4B2016−$10.0B2017$3.6B2018$2.9B2019$5.6B2020$6.8B2021$6.5B2022$4.9B2023$5.0B2024$5.1B2025
Verizon Communications — Income tax expense, 2011–2025
Fiscal yearIncome tax expenseChangeFiling
FY20252025-12-31$5.1B+0.7%Open →
FY20242024-12-31$5.0B+2.8%Open →
FY20232023-12-31$4.9B−25.0%Open →
FY20222022-12-31$6.5B−4.1%Open →
FY20212021-12-31$6.8B+21.1%Open →
FY20202020-12-31$5.6B+90.8%Open →
FY20192019-12-31$2.9B−17.8%Open →
FY20182018-12-31$3.6B+$13.5BOpen →
FY20172017-12-31−$10.0B−$17.3BOpen →
FY20162016-12-31$7.4B−25.2%Open →
FY20152015-12-31$9.9B+197.7%Open →
FY20142014-12-31$3.3B−42.2%Open →
FY20132013-12-31$5.7B+$6.4BOpen →
FY20122012-12-31−$660M−$945MOpen →
FY20112011-12-31$285M—Open →

Income tax expense — Income tax expense is the tax a company charged against profit in its income statement for the year. It is not the same as the cash it handed to tax authorities: deferred tax, provisions and timing differences separate the two, often by billions. The cash figure is a different line in the cash-flow statement.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2011–2025 compound annual growth +22.8%

Income tax expense at companies of similar size

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Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Verizon Communications income tax expense |url=https://companiesranked.com/en/company/verizon-communications/income-tax-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Verizon Communications income tax expense. CompaniesRanked. https://companiesranked.com/en/company/verizon-communications/income-tax-expense

BibTeX

@misc{companiesranked-en-company-verizon-communications-income-tax-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Verizon Communications income tax expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/verizon-communications/income-tax-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0000732712-26-000007 · February 17, 2026

{{cite web |title=Verizon Communications income tax expense — 10-K (0000732712-26-000007) |url=https://www.sec.gov/Archives/edgar/data/732712/000073271226000007/vz-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-17}}

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