Income Tax Expense (Benefit) in USD of VERIZON COMMUNICATIONS INC from Q1 2010 to Q3 2025

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Verizon Communications Inc quarterly/annual Income Tax Expense (Benefit) history and change rate from Q1 2010 to Q3 2025.
  • Verizon Communications Inc Income Tax Expense (Benefit) for the quarter ending 30 Sep 2025 was $1.47B, a 65.1% increase year-over-year.
  • Verizon Communications Inc Income Tax Expense (Benefit) for the twelve months ending 30 Sep 2025 was $5.9B, a 36.3% increase year-over-year.
  • Verizon Communications Inc annual Income Tax Expense (Benefit) for 2024 was $5.03B, a 2.82% increase from 2023.
  • Verizon Communications Inc annual Income Tax Expense (Benefit) for 2023 was $4.89B, a 25% decline from 2022.
  • Verizon Communications Inc annual Income Tax Expense (Benefit) for 2022 was $6.52B, a 4.1% decline from 2021.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Quarterly (USD)
Income Tax Expense (Benefit), YoY Quarterly Change (%)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Change (%)

VERIZON COMMUNICATIONS INC Quarterly Income Tax Expense (Benefit) (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q3 2025 $5.9B $1.47B +$580M +65.1% 01 Jul 2025 30 Sep 2025 10-Q 29 Oct 2025
Q2 2025 $5.32B $1.49B +$156M +11.7% 01 Apr 2025 30 Jun 2025 10-Q 25 Jul 2025
Q1 2025 $5.17B $1.49B +$137M +10.1% 01 Jan 2025 31 Mar 2025 10-Q 25 Apr 2025
Q4 2024 $5.03B $1.45B +$698M +92.3% 01 Oct 2024 31 Dec 2024 10-K 12 Feb 2025
Q3 2024 $4.33B $891M -$417M -31.9% 01 Jul 2024 30 Sep 2024 10-Q 29 Oct 2025
Q2 2024 $4.75B $1.33B -$14M -1.04% 01 Apr 2024 30 Jun 2024 10-Q 25 Jul 2025
Q1 2024 $4.76B $1.35B -$129M -8.7% 01 Jan 2024 31 Mar 2024 10-Q 25 Apr 2025
Q4 2023 $4.89B $756M -$1.36B -64.2% 01 Oct 2023 31 Dec 2023 10-K 12 Feb 2025
Q3 2023 $6.25B $1.31B -$188M -12.6% 01 Jul 2023 30 Sep 2023 10-Q 25 Oct 2024
Q2 2023 $6.44B $1.35B -$196M -12.7% 01 Apr 2023 30 Jun 2023 10-Q 25 Jul 2024
Q1 2023 $6.63B $1.48B +$110M +8.02% 01 Jan 2023 31 Mar 2023 10-Q 25 Apr 2024
Q4 2022 $6.52B $2.11B +$706M +50.2% 01 Oct 2022 31 Dec 2022 10-K 12 Feb 2025
Q3 2022 $5.82B $1.5B -$324M -17.8% 01 Jul 2022 30 Sep 2022 10-Q 26 Oct 2023
Q2 2022 $6.14B $1.54B -$333M -17.8% 01 Apr 2022 30 Jun 2022 10-Q 28 Jul 2023
Q1 2022 $6.47B $1.37B -$328M -19.3% 01 Jan 2022 31 Mar 2022 10-Q 27 Apr 2023
Q4 2021 $6.8B $1.41B -$128M -8.34% 01 Oct 2021 31 Dec 2021 10-K 09 Feb 2024
Q3 2021 $6.93B $1.82B +$473M +35.1% 01 Jul 2021 30 Sep 2021 10-Q 25 Oct 2022
Q2 2021 $6.46B $1.88B +$527M +39.1% 01 Apr 2021 30 Jun 2021 10-Q 28 Jul 2022
Q1 2021 $5.93B $1.7B +$311M +22.4% 01 Jan 2021 31 Mar 2021 10-Q 27 Apr 2022
Q4 2020 $5.62B $1.54B +$3.04B 01 Oct 2020 31 Dec 2020 10-K 10 Feb 2023
Q3 2020 $2.58B $1.35B -$239M -15.1% 01 Jul 2020 30 Sep 2020 10-Q 26 Oct 2021
Q2 2020 $2.82B $1.35B +$112M +9.06% 01 Apr 2020 30 Jun 2020 10-Q 28 Jul 2021
Q1 2020 $2.71B $1.39B -$239M -14.7% 01 Jan 2020 31 Mar 2020 10-Q 27 Apr 2021
Q4 2019 $2.95B -$1.51B -$807M -116% 01 Oct 2019 31 Dec 2019 10-K 11 Feb 2022
Q3 2019 $3.75B $1.59B -$27M -1.67% 01 Jul 2019 30 Sep 2019 10-Q 27 Oct 2020
Q2 2019 $3.78B $1.24B -$45M -3.51% 01 Apr 2019 30 Jun 2019 10-Q 28 Jul 2020
Q1 2019 $3.82B $1.63B +$240M +17.3% 01 Jan 2019 31 Mar 2019 10-Q 27 Apr 2020
Q4 2018 $3.58B -$698M +$15.2B +95.6% 01 Oct 2018 31 Dec 2018 10-K 25 Feb 2021
Q3 2018 -$11.6B $1.61B -$162M -9.13% 01 Jul 2018 30 Sep 2018 10-Q 30 Oct 2019
Q2 2018 -$11.4B $1.28B -$1.21B -48.5% 01 Apr 2018 30 Jun 2018 10-Q 08 Aug 2019
Q1 2018 -$10.2B $1.39B -$241M -14.8% 01 Jan 2018 31 Mar 2018 8-K 08 Aug 2019
Q4 2017 -$9.96B -$15.8B -$18.2B -775% 01 Oct 2017 31 Dec 2017 10-K 21 Feb 2020
Q3 2017 $8.24B $1.78B -$54M -2.95% 01 Jul 2017 30 Sep 2017 10-Q 30 Oct 2018
Q2 2017 $8.3B $2.49B +$1.63B +188% 01 Apr 2017 30 Jun 2017 10-Q 31 Jul 2018
Q1 2017 $6.67B $1.63B -$707M -30.3% 01 Jan 2017 31 Mar 2017 10-Q 01 May 2018
Q4 2016 $7.38B $2.35B -$716M -23.4% 01 Oct 2016 31 Dec 2016 8-K 08 Aug 2019
Q3 2016 $8.09B $1.83B -$366M -16.7% 01 Jul 2016 30 Sep 2016 10-Q 26 Oct 2017
Q2 2016 $8.46B $864M -$1.41B -62% 01 Apr 2016 30 Jun 2016 10-Q 29 Jul 2016
Q1 2016 $9.87B $2.34B +$5M +0.22% 01 Jan 2016 31 Mar 2016 10-Q 27 Apr 2017
Q4 2015 $9.87B $3.07B +$4.8B 01 Oct 2015 31 Dec 2015 8-K 01 May 2018
Q3 2015 $5.06B $2.2B +$331M +17.8% 01 Jul 2015 30 Sep 2015 10-Q 27 Oct 2015
Q2 2015 $4.73B $2.27B +$54M +2.43% 01 Apr 2015 30 Jun 2015 10-Q 29 Jul 2016
Q1 2015 $4.68B $2.33B +$1.36B +141% 01 Jan 2015 31 Mar 2015 10-Q 28 Apr 2016
Q4 2014 $3.31B -$1.74B -$4.58B -161% 01 Oct 2014 31 Dec 2014 10-K 21 Feb 2017
Q3 2014 $7.9B $1.86B +$830M +80.3% 01 Jul 2014 30 Sep 2014 10-Q 27 Oct 2015
Q2 2014 $7.07B $2.22B +$1.23B +125% 01 Apr 2014 30 Jun 2014 10-Q 28 Jul 2015
Q1 2014 $5.83B $968M +$104M +12% 01 Jan 2014 31 Mar 2014 10-Q 28 Apr 2015
Q4 2013 $5.73B $2.84B +$5.65B 01 Oct 2013 31 Dec 2013 8-K 29 Jul 2016
Q3 2013 $76M $1.03B +$403M +63.9% 01 Jul 2013 30 Sep 2013 10-Q 28 Oct 2014
Q2 2013 -$327M $988M +$195M +24.6% 01 Apr 2013 30 Jun 2013 10-Q 29 Jul 2014
Q1 2013 -$522M $864M +$138M +19% 01 Jan 2013 31 Mar 2013 10-Q 29 Apr 2014
Q4 2012 -$660M -$2.81B -$1.22B -76.7% 01 Oct 2012 31 Dec 2012 10-K 23 Feb 2015
Q3 2012 $560M $631M +$75M +13.5% 01 Jul 2012 30 Sep 2012 10-Q 24 Oct 2013
Q2 2012 $485M $793M +$91M +13% 01 Apr 2012 30 Jun 2012 10-Q 25 Jul 2013
Q1 2012 $394M $726M +$109M +17.7% 01 Jan 2012 31 Mar 2012 10-Q 25 Apr 2013
Q4 2011 $285M -$1.59B -$2.94B -218% 01 Oct 2011 31 Dec 2011 10-K 27 Feb 2014
Q3 2011 $3.23B $556M +$378M +212% 01 Jul 2011 30 Sep 2011 10-Q 25 Oct 2012
Q2 2011 $2.85B $702M +$1.39B 01 Apr 2011 30 Jun 2011 10-Q 30 Jul 2012
Q1 2011 $1.46B $617M -$1.01B -62% 01 Jan 2011 31 Mar 2011 10-Q 26 Apr 2012
Q4 2010 $2.47B $1.35B 01 Oct 2010 31 Dec 2010 10-K 26 Feb 2013
Q3 2010 $178M 01 Jul 2010 30 Sep 2010 10-Q 25 Oct 2011
Q2 2010 -$685M 01 Apr 2010 30 Jun 2010 10-Q 28 Jul 2011
Q1 2010 $1.62B 01 Jan 2010 31 Mar 2010 10-Q 28 Apr 2011

VERIZON COMMUNICATIONS INC Annual Income Tax Expense (Benefit) (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed
2024 $5.03B +$138M +2.82% 01 Jan 2024 31 Dec 2024 10-K 12 Feb 2025
2023 $4.89B -$1.63B -25% 01 Jan 2023 31 Dec 2023 10-K 12 Feb 2025
2022 $6.52B -$279M -4.1% 01 Jan 2022 31 Dec 2022 10-K 12 Feb 2025
2021 $6.8B +$1.18B +21.1% 01 Jan 2021 31 Dec 2021 10-K 09 Feb 2024
2020 $5.62B +$2.67B +90.8% 01 Jan 2020 31 Dec 2020 10-K 10 Feb 2023
2019 $2.95B -$639M -17.8% 01 Jan 2019 31 Dec 2019 10-K 11 Feb 2022
2018 $3.58B +$13.5B 01 Jan 2018 31 Dec 2018 10-K 25 Feb 2021
2017 -$9.96B -$17.3B -235% 01 Jan 2017 31 Dec 2017 10-K 21 Feb 2020
2016 $7.38B -$2.49B -25.2% 01 Jan 2016 31 Dec 2016 8-K 08 Aug 2019
2015 $9.87B +$6.55B +198% 01 Jan 2015 31 Dec 2015 8-K 01 May 2018
2014 $3.31B -$2.42B -42.2% 01 Jan 2014 31 Dec 2014 10-K 21 Feb 2017
2013 $5.73B +$6.39B 01 Jan 2013 31 Dec 2013 8-K 29 Jul 2016
2012 -$660M -$945M -332% 01 Jan 2012 31 Dec 2012 10-K 23 Feb 2015
2011 $285M -$2.18B -88.4% 01 Jan 2011 31 Dec 2011 10-K 27 Feb 2014
2010 $2.47B 01 Jan 2010 31 Dec 2010 10-K 26 Feb 2013
* An asterisk sign (*) next to the value indicates that the value is likely invalid.