Verizon Income Taxes 2010-2024 | VZ

Verizon annual/quarterly income taxes history and growth rate from 2010 to 2024. Income taxes can be defined as the total amount of income tax expense for the given period.
  • Verizon income taxes for the quarter ending June 30, 2024 were $1.332B, a 1.04% decline year-over-year.
  • Verizon income taxes for the twelve months ending June 30, 2024 were $4.749B, a 26.22% decline year-over-year.
  • Verizon annual income taxes for 2023 were $4.892B, a 25% decline from 2022.
  • Verizon annual income taxes for 2022 were $6.523B, a 4.1% decline from 2021.
  • Verizon annual income taxes for 2021 were $6.802B, a 21.05% increase from 2020.
Verizon Annual Income Taxes
(Millions of US $)
2023 $4,892
2022 $6,523
2021 $6,802
2020 $5,619
2019 $2,945
2018 $3,584
2017 $-9,956
2016 $7,378
2015 $9,865
2014 $3,314
2013 $5,730
2012 $-660
2011 $285
2010 $2,467
2009 $1,919
Verizon Quarterly Income Taxes
(Millions of US $)
2024-06-30 $1,332
2024-03-31 $1,353
2023-12-31 $756
2023-09-30 $1,308
2023-06-30 $1,346
2023-03-31 $1,482
2022-12-31 $2,113
2022-09-30 $1,496
2022-06-30 $1,542
2022-03-31 $1,372
2021-12-31 $1,407
2021-09-30 $1,820
2021-06-30 $1,875
2021-03-31 $1,700
2020-12-31 $1,535
2020-09-30 $1,347
2020-06-30 $1,348
2020-03-31 $1,389
2019-12-31 $-1,505
2019-09-30 $1,586
2019-06-30 $1,236
2019-03-31 $1,628
2018-12-31 $-698
2018-09-30 $1,613
2018-06-30 $1,281
2018-03-31 $1,388
2017-12-31 $-15,849
2017-09-30 $1,775
2017-06-30 $2,489
2017-03-31 $1,629
2016-12-31 $2,349
2016-09-30 $1,829
2016-06-30 $864
2016-03-31 $2,336
2015-12-31 $3,065
2015-09-30 $2,195
2015-06-30 $2,274
2015-03-31 $2,331
2014-12-31 $-1,738
2014-09-30 $1,864
2014-06-30 $2,220
2014-03-31 $968
2013-12-31 $2,844
2013-09-30 $1,034
2013-06-30 $988
2013-03-31 $864
2012-12-31 $-2,810
2012-09-30 $631
2012-06-30 $793
2012-03-31 $726
2011-12-31 $-1,590
2011-09-30 $556
2011-06-30 $702
2011-03-31 $617
2010-12-31 $1,352
2010-09-30 $178
2010-06-30 $-685
2010-03-31 $1,622
2009-12-31 $-5
2009-09-30 $574
2009-06-30 $610
2009-03-31 $740
Sector Industry Market Cap Revenue
Computer and Technology Wireless - National Providers $189.428B $133.974B
Verizon Communications Inc. offers communication services in the form of local phone service, long distance, wireless and data services. In Jan 2006, Verizon completed its merger with MCI Corporation, a leader in long distance and data networking. With the acquisition of Alltel Wireless Corp. in early 2009, Verizon has surpassed AT&T Inc. as the largest wireless carrier in the North America, serving millions of customers nationwide.Verizon has teamed up with Amazon Web Services to create and deploy low latency applications to mobile devices using 5G and became the first telecom carrier in the world to offer such service. The company has launched a free consumer search engine dubbed OneSearch with enhanced privacy options to add a new dimension to the search ecosystem. It has also announced a pricing breakthrough in the cable industry with the launch of Mix & Match on its FiOS platform, enabling viewers to combine TV with Internet plans effectively without any hidden charges and annual contracts.
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