Balance Sheet: Assets
Quarterly Data
The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.
Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.
Paying user area
Try for free
Verizon Communications Inc. pages available for free this week:
- Common-Size Balance Sheet: Assets
- Analysis of Short-term (Operating) Activity Ratios
- Enterprise Value (EV)
- Enterprise Value to EBITDA (EV/EBITDA)
- Present Value of Free Cash Flow to Equity (FCFE)
- Net Profit Margin since 2005
- Return on Equity (ROE) since 2005
- Total Asset Turnover since 2005
- Price to Operating Profit (P/OP) since 2005
- Price to Sales (P/S) since 2005
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Verizon Communications Inc. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Verizon Communications Inc., consolidated balance sheet: assets (quarterly data)
US$ in millions
Based on: 10-Q (reporting date: 2026-03-31), 10-K (reporting date: 2025-12-31), 10-Q (reporting date: 2025-09-30), 10-Q (reporting date: 2025-06-30), 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31).
Total assets exhibited a consistent long-term growth trajectory, increasing from 345,573 million USD in March 2021 to 417,882 million USD by March 2026. This expansion is primarily driven by significant investments in infrastructure and a notable increase in liquidity toward the end of the observed period.
- Liquidity and Current Asset Management
- Current assets remained relatively stable for the majority of the period, fluctuating between 35,000 million USD and 40,000 million USD, before experiencing a significant peak of 56,922 million USD in December 2025. This volatility is largely attributable to cash and cash equivalents, which showed extreme variance, dropping to a low of 1,661 million USD in March 2022 before surging to 19,048 million USD in December 2025. Accounts receivable, net, demonstrated a steady upward trend, growing from 22,507 million USD in March 2021 to 26,655 million USD in March 2026, suggesting a gradual increase in credit extended to customers or a growth in the subscriber base.
- Infrastructure and Fixed Asset Investment
- Gross property, plant, and equipment (PP&E) showed a persistent increase, rising from 282,742 million USD in March 2021 to 357,650 million USD in March 2026. While accumulated depreciation grew concurrently, reaching 231,678 million USD, the net PP&E remained stable around 107,000 million USD for several years before a sharp increase to 125,972 million USD in the final quarter of the data set. This indicates a period of intensified capital expenditure toward the end of the timeline.
- Intangible Assets and Spectral Holdings
- Wireless licenses represented a substantial portion of the asset base, with a significant step-increase occurring between June and September 2021, where values jumped from 98,034 million USD to 145,767 million USD. Following this increase, licenses grew marginally to 157,082 million USD by March 2026. Goodwill remained stable at approximately 28,000 million USD until a reduction to 22,841 million USD in December 2023, followed by a recovery to 30,628 million USD in March 2026, suggesting potential impairment charges followed by new acquisitions.
- Non-Current Asset Composition
- Non-current assets grew from 305,926 million USD in March 2021 to 373,159 million USD in March 2026. The growth in this segment was driven by the combined increase in net PP&E and wireless licenses. Operating lease right-of-use assets showed a gradual decline from a peak of 28,180 million USD in June 2021 to 23,401 million USD in March 2026, indicating the winding down of certain lease obligations over time.