Verizon Communications (VZ) Financials
Key financial figures for Verizon Communications (Q3 2026).
Verizon added 406,000 postpaid phone customers in Q3 2026, its best third quarter in five years, and raised 2026 guidance for the third straight quarter. Total operating revenue was $34.3B, up 1.5% year over year: mobility and broadband service revenue grew 2.9% to about $23.5B, partly offset by a 9.0% drop in wireless equipment revenue as upgrade volumes and device subsidies fell. Consolidated Adjusted EBITDA (non-GAAP) was $13.8B, up 8.0% and a company record, with margin of 40.2% versus 37.8% a year earlier. Net income was $5.3B (up 5.2%), diluted EPS $1.25 (up 6.8%) and Adjusted EPS (non-GAAP) $1.31 (up 8.3%). On the outlook: Raised full-year 2026 guidance: postpaid phone net additions of 1.1 million to 1.2 million (previously upper half of 750,000 to 1.0 million), Adjusted EPS of $5.04 to $5.06 (7.0% to 7.5% growth, previously 6.0% to 7.0%), cash flow from operations growth of 3.5% to 5.0% (previously 2.0% to 4.0%), free cash flow growth approaching 12.0% (previously 9.0% to 10.0%), mobility and broadband service revenue growth in the upper half of 2.5% to 3.0% with about 4.0% in Q4, and capital expenditures of $16.0B to $16.5B unchanged. Figures are for Q3 2026, as Verizon Communications Inc. reported them.
- Revenue
- $34.3B
- Net Income
- $5.2B
- EPS
- $1.25
- Total Assets
- $415.5B
- Operating Cash Flow
- $11.5B
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $34.3B | $5.2B | $1.25 | 25.21% | $7.8B |
| Q2 FY2026 | $34.3B | $3.8B | $0.92 | 20.96% | $5.4B |
| Q1 FY2026 | $34.4B | $5.0B | $1.20 | 23.93% | $3.7B |
| Q4 FY2025 | $36.4B | $2.3B | $0.55 | 13.75% | $4.3B |
| Q3 FY2025 | $33.8B | $5.0B | $1.17 | 23.96% | $6.8B |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $138.2B | $17.2B | $4.06 | 21.17% | $19.7B |
| FY2024 | $134.8B | $17.5B | $4.14 | 22.71% | $18.9B |
| FY2023 | $134.0B | $11.6B | $2.75 | 21.52% | $18.7B |
Frequently asked questions
What was Verizon Communications Inc.'s revenue last quarter?
Verizon Communications Inc. reported revenue of $34.31 billion for Q3 FY2026, up 1.5% from the same period a year earlier.
Is Verizon Communications Inc. profitable?
Yes. Verizon Communications Inc. reported net income of $5.20 billion for Q3 FY2026, a net margin of 15.15% on revenue.
How has Verizon Communications Inc.'s margin trended?
Operating margin was 25.21% in Q3 FY2026, compared with 23.96% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Verizon Communications Inc. generate?
Verizon Communications Inc. generated free cash flow of $7.80 billion in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Verizon Communications on SentiSense, with up to forty quarters and twenty fiscal years of history.