Verizon Communications (VZ) Financials

Key financial figures for Verizon Communications (Q2 2026).

Verizon posted its highest-ever quarterly Adjusted EBITDA ($13.7B, up 7.2% YoY, 40.1% margin) and 184,000 postpaid phone net additions, its best Consumer second-quarter result in five years. Total operating revenue was $34.3 billion, down 0.7% YoY, as improving mobility and broadband service revenue was offset by a nearly 20% decline in equipment revenue. Mobility and broadband service revenue grew 2.8% YoY to approximately $23.4 billion (Consumer $19,637M + Business $3,728M); Consumer segment EBITDA margin expanded to 45.0% (from 42.1%) and Business segment EBITDA margin expanded to 29.1% (from 24.7%). On the outlook: Full-year 2026 (raised): Adjusted EPS $4.99 to $5.04 (6.0%-7.0% growth); mobility and broadband service revenue growth 2.5% to 3.0%; free cash flow growth 9.0% to 10.0%; operating cash flow growth 2.0% to 4.0%; capital expenditures $16.0 to $16.5 billion; postpaid phone net additions in the upper half of the 750,000 to 1.0 million range; full-year share buyback target expanded to up to $4.5 billion. Figures are for Q2 2026, as Verizon Communications Inc. reported them.

Revenue
$34.3B
Net Income
$3.9B
EPS
$0.92
Total Assets
$410.2B
Operating Cash Flow
$10.4B

Recent quarters

PeriodRevenueNet IncomeEPSOperating MarginFree Cash Flow
Q2 FY2026$34.3B$3.8B$0.9220.96%$6.4B
Q1 FY2026$34.4B$5.0B$1.2023.93%$3.8B
Q4 FY2025$36.4B$2.3B$0.5513.75%$4.4B
Q3 FY2025$33.8B$5.0B$1.1723.96%$6.8B
Q2 FY2025$34.5B$5.0B$1.1823.68%$5.1B

Recent fiscal years

PeriodRevenueNet IncomeEPSOperating MarginFree Cash Flow
FY2025$138.2B$17.2B$4.0621.17%$20.1B
FY2024$134.8B$17.5B$4.1522.71%$18.9B
FY2023$134.0B$11.6B$2.7521.52%$18.7B

Frequently asked questions

What was Verizon Communications Inc.'s revenue last quarter?

Verizon Communications Inc. reported revenue of $34.25 billion for Q2 FY2026, down 0.7% from the same period a year earlier.

Is Verizon Communications Inc. profitable?

Yes. Verizon Communications Inc. reported net income of $3.84 billion for Q2 FY2026, a net margin of 11.2% on revenue.

How has Verizon Communications Inc.'s margin trended?

Operating margin was 20.96% in Q2 FY2026, compared with 23.68% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.

When does Verizon Communications Inc. report next?

Verizon Communications Inc. is scheduled to report results on 2026-10-20. The company has confirmed that date.

Full income statement, balance sheet and cash flow for Verizon Communications on SentiSense, with up to forty quarters and twenty fiscal years of history.