FFilingLens
Quarterly TTM Annual
Income Balance Cash flow
8Y

Three-Statement Breakdown

VZ
2026-06-30 · figures in $M

LITTLE CHANGED

Free cash flow was little changed at $20.1B, and covered net income 1.17×.

CASH FROM OPS +0.6%
37,137 26.9% MGN
CAPITAL EXPENDITURE -0.5%
17,011
FREE CASH FLOW +1.5%
20,126
FCF / NET INCOME +3.5%
1.17× TARGET >1.0×
Cash flow FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 YoY TTM 8Q
Net income
15,528 19,265 17,801 22,065 21,256 11,614 17,506 17,174 -1.9% 16,172 2024-09-30 · $3.3B2024-12-31 · $5.0B2025-03-31 · $4.9B2025-06-30 · $5.0B2025-09-30 · $5.0B2025-12-31 · $2.3B2026-03-31 · $5.0B2026-06-30 · $3.8B
Depreciation & amortization
17,403 16,682 16,720 16,206 17,099 17,624 17,892 18,349 +2.6% 19,037
Cash from operations
34,339 35,746 41,768 39,539 37,141 37,475 36,912 37,137 +0.6% 38,799 2024-09-30 · $9.9B2024-12-31 · $10.4B2025-03-31 · $7.8B2025-06-30 · $9.0B2025-09-30 · $11.3B2025-12-31 · $9.1B2026-03-31 · $8.0B2026-06-30 · $10.4B
Cash conversion
2.21× 1.86× 2.35× 1.79× 1.75× 3.23× 2.11× 2.16× +2.6% 2.40×
Capital expenditures
(16,658) (17,939) (18,192) (20,286) (23,087) (18,767) (17,090) (17,011) -0.5% (17,268)
Free cash flow
17,681 17,807 23,576 19,253 14,054 18,708 19,822 20,126 +1.5% 21,531 2024-09-30 · $6.0B2024-12-31 · $5.4B2025-03-31 · $3.6B2025-06-30 · $5.2B2025-09-30 · $7.0B2025-12-31 · $4.4B2026-03-31 · $3.8B2026-06-30 · $6.4B
FCF margin
13.5% 13.5% 18.4% 14.4% 10.3% 14.0% 14.7% 14.6% -1.0% 15.5%
Cash from investing
-17,934 -17,581 -23,512 -67,153 -28,662 -23,432 -18,674 -16,660 — -27,970
Dividends paid
9,772 10,016 10,232 10,445 10,805 11,025 11,249 11,481 +2.1% 11,633
Debt repayment
10,923 17,584 8,840 9,078 1,964 2,022 4,688 9,034 +92.7% 7,867
Cash from financing
-15,377 -18,164 1,325 8,277 -8,529 -14,657 -17,100 -5,613 — -12,456
Net change in cash
1,028 1 19,581 -19,337 -50 -614 1,138 14,864 13.1× -1,627
Ending cash balance
2,745 2,594 22,171 2,921 2,605 2,065 4,194 19,048 +354.2% 1,752

Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.

SELECTED · FREE CASH FLOW · QoQ BRIDGE
FROM19,822 CASH FROM OPERATIONS+225 CAPITAL EXPENDITURES+79 TO20,126
↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM SRC 10-Q FILED 2026-07-31 ↗