Verizon Communications (VZ)
Communication Services ยท Telephone Communications (No Radiotelephone)
Verizon Communications (VZ) is listed on the New York Stock Exchange, where its shares have traded since November 21, 1983. SentiSense covers Verizon Communications in the Communication Services sector, and its Standard Industrial Classification is Telephone Communications (No Radiotelephone). Dan Schulman is its chief executive officer. The company reports 89,900 employees, and its corporate website is www.verizon.com.
About Verizon Communications
Wireless services account for 70% of Verizon Communications' total service revenue and nearly all of its operating income. The firm serves about 95 million postpaid and 20 million prepaid phone customers via its nationwide network, making it the largest US wireless carrier. Fixed-line telecom operations include local networks in the Northeast that reach about 30 million homes and businesses, including more than 20 million served by the Fios fiber-optic network. Verizon closed its acquisition of Frontier Communications in January 2026, adding networks that reach another 15 million locations, including 9 million with fiber. These networks serve about 11 million broadband customers. Verizon also provides telecom services nationwide to enterprise customers, using its own and other networks.
Latest reported results
Verizon Communications Inc. reported revenue of $34.31 billion for Q3 FY2026, up 1.5% from the same period a year earlier.
Institutional ownership
In 13F filings for the quarter ended June 30, 2026, 3,093 institutions reported holding VZ, with 2.8 billion shares worth $120.3 billion in aggregate. The largest reported holders were BlackRock, Vanguard and State Street. Of the 5 largest reported holders, 3 added shares and 2 reduced their positions during the quarter.
More on VZ
- VZ sentiment: whether news and social coverage of Verizon Communications leans bullish or bearish, and the stories driving it.
- VZ ownership: all 3,093 reporting institutions, plus insider and congressional trades.
- VZ financials: revenue, net income, operating margin and free cash flow through Q3 FY2026.
Frequently asked questions
What does Verizon Communications do?
Wireless services account for 70% of Verizon Communications' total service revenue and nearly all of its operating income.
What sector is VZ in?
SentiSense classifies Verizon Communications in the Communication Services sector, and its Standard Industrial Classification is Telephone Communications (No Radiotelephone).
Where does VZ stock trade?
Verizon Communications (VZ) is listed on the New York Stock Exchange, where its shares have traded since November 21, 1983.
Who is the CEO of Verizon Communications?
Dan Schulman is the chief executive officer of Verizon Communications.