VZ · Other

VERIZON COMMUNICATIONS INC

Ranked earnings events from SEC filings, earnings calls, press releases and news. Full Picture: everything published this earnings window

News · 2026-11-08

• Capital AllocationImportance 31 · Surprise 6
  Verizon offered a 6.2% dividend yield as of November 8, 2026. Its debt load was reported at $166 billion. Verizon generated $18 billion in free cash flow over nine months, covering its $8.8 billion dividend twice.

News · 2026-11-06

• Competition and New EntrantsImportance 17 · Surprise 24
  Deutsche Telekom CEO Tim Höttges estimated that SpaceX would need at least €200 billion ($223.0 billion) to build a U.S. wireless carrier capable of competing with Verizon, AT&T, and T-Mobile. He cited a significant…

News · 2026-11-05

• Competition and New EntrantsImportance 44 · Surprise 42
  SpaceX is developing a nationwide U.S. terrestrial 5G network with Qualcomm, targeting deployment beginning in 2027 and positioning itself to challenge Verizon and other established carriers. Separately, Trefis cited…
• Debt Tender and Covenant AmendmentsImportance 40 · Surprise 42
  Verizon increased each of the caps applicable to five separate cash tender offers for outstanding notes. The offers covered up to $500 million in aggregate purchase price, subject to Verizon’s right to waive or…
• Pricing and PromotionsImportance 24 · Surprise 24
  Verizon introduced holiday-season deals beginning November 5 for new and existing customers, including savings on devices and customer giveaways, events, and experiences. Customers who switch to or add a line on the…
• Network Technology and CapacityImportance 23 · Surprise 24
  Verizon is enhancing its private wireless network for the NFL’s 2026 season to support secure communications for coaches and reliable connectivity for game officials. Officials use connected watches to receive…
• Products and TechnologyImportance 23 · Surprise 24
  Business connectivity provider Bigleaf Networks launched Multipath Broadband, which combines Starlink satellite internet with Verizon 5G to provide businesses with more resilient connectivity. The report presents the…

News · 2026-11-04

• Competition and New EntrantsImportance 40 · Surprise 42
  SpaceX is moving toward becoming a fourth major U.S. wireless carrier through a multiyear Qualcomm agreement to use Qualcomm’s Dragonwing cellular infrastructure platforms in Starlink Mobile base stations. Deployment…
• Network Infrastructure InvestmentImportance 26 · Surprise 24
  Verizon is upgrading NFL stadium connectivity with 5G C-band, mmWave distributed antenna systems and DAS technology to support fan data demand at venues across the United States. The report describes these venue…

News · 2026-11-03

• AI Network AutomationImportance 39 · Surprise 50
  Verizon and Ericsson are collaborating to integrate AI into radio access network (RAN) automation, using open and programmable interfaces. The collaboration includes a nationwide rollout of Ericsson Intelligent…
• AI-Native Network PartnershipImportance 39 · Surprise 50
  Verizon and Ericsson are working together to integrate AI into radio access network automation. The collaboration includes a nationwide rollout of Ericsson’s Intelligent Controller to support AI-native applications…

News · 2026-11-02

• Strategic InitiativesImportance 23 · Surprise 24
  Verizon, AT&T and T-Mobile are assessing whether tower-based monitoring and data services could support a model offering mobile internet access at no direct cost to users. The exploration would use cellphone towers to…
• Competition and New EntrantsImportance 18 · Surprise 24
  Verizon CEO Dan Schulman said the company will compete “ferociously” with SpaceX if it enters mobile service. Schulman argued that SpaceX would need to invest hundreds of billions of dollars in a terrestrial network to…

News · 2026-11-01

• Competition and New EntrantsImportance 18 · Surprise 24
  Telecommunications expert William Webb estimates that SpaceX may need an additional $120–130 billion to build a U.S. mobile network capable of competing with Verizon, T-Mobile, and AT&T. The estimated cost includes…

News · 2026-10-30

• Supply Chain CommitmentsImportance 46 · Surprise 42
  Verizon launched a US$5 billion Small Business Supplier Accelerator focused on U.S. small-business suppliers. The five-year initiative targets supplier diversity, entrepreneurship, and broader procurement access for…
• Strategic InitiativesImportance 46 · Surprise 42
  Verizon launched a US$5 billion Small Business Supplier Accelerator focused on small-business suppliers in the United States. The initiative aims to expand procurement access for smaller vendors and support supplier…
• Guidance and OutlookImportance 41 · Surprise 60
  Verizon raised its full-year outlook following Q3 2026 results. The digest does not state the revised outlook figures or identify which financial measures were raised. Q3 2026 revenue was US$34.313 billion and net…
• Revenue Performance and MixImportance 9 · Surprise 6
  Verizon reported Q3 2026 revenue of US$34.313 billion. Q3 2026 net income was US$5.198 billion. The digest provides no year-over-year or sequential comparison and does not include segment revenue or margin details.

10-Q · 2026-10-29

• Acquisition / Partnership / DivestitureImportance 65 · Surprise 60
  Verizon completed its Frontier acquisition on January 20, 2026, paying approximately $9.8 billion in cash, inclusive of $335 million of cash acquired, and assuming approximately $12.9 billion of Frontier debt at fair…
• Debt and Liquidity PositionImportance 61 · Surprise 32
  At September 30, 2026, Verizon had total debt of $166.2 billion, comprising $136.1 billion of unsecured debt and $30.1 billion of secured debt, compared with $158.2 billion at December 31, 2025. Cash and cash…
• Wireless Equipment RevenueImportance 60 · Surprise 40
  Consumer wireless equipment revenue declined 10.3% to $4.277 billion in the third quarter of 2026 and 9.5% to $13.279 billion for the first nine months. The declines were primarily driven by lower device sales volume…
• Interest Expense IncreaseImportance 60 · Surprise 40
  Interest expense increased 17.2% to $1.950 billion in the third quarter of 2026 and 19.0% to $5.875 billion for the first nine months compared with 2025. Total interest costs on debt balances rose 13.6% to $2.097…
• Consumer Subscriber TrendsImportance 58 · Surprise 56
  Verizon’s Consumer segment had 147.1 million wireless retail connections at September 30, 2026, up 0.7% year over year, including 126.8 million postpaid connections, also up 0.7%. Broadband connections grew…
• Capital Return ProgramImportance 58 · Surprise 42
  Verizon’s board authorized a common-stock repurchase program of up to $25 billion on January 30, 2026; $21.0 billion of capacity remained at September 30. Verizon repurchased 82,430,902 shares for $4.0 billion during…
• Operating Margin DriversImportance 55 · Surprise 32
  Consumer segment operating income increased 5.6% to $8.093 billion in the third quarter of 2026 and 4.9% to $23.839 billion for the first nine months. Consumer operating income margin rose to 30.6% from 29.4% for the…
• Capital Expenditure ProgramImportance 53 · Surprise 6
  Verizon invested $11.9 billion in capital expenditures during the nine months ended September 30, 2026. The company said these investments primarily support fiber deployment, wireless spectrum acquisition and…
• Capital Expenditures and Cash FlowImportance 49 · Surprise 32
  Net cash provided by operating activities increased $1.913 billion to $29.936 billion in the first nine months of 2026, primarily because of the timing of cash tax payments following the One Big Beautiful Bill…
• Spectrum License AcquisitionImportance 46 · Surprise 42
  Verizon paid $3.2 billion during the first nine months of 2026 for 82 AWS-3 spectrum licenses won in FCC Auction 113, which concluded in June and whose licenses were granted in August. Verizon also paid $1.0 billion…
• Operating Expense TrendsImportance 36 · Surprise 14
  Consolidated operating expenses were $25.663 billion in the third quarter of 2026, down 0.2%, and $78.935 billion for the first nine months, up 1.8% from 2025. Depreciation and amortization expense increased 10.3% to…
• Revenue Performance and MixImportance 31 · Surprise 32
  Consolidated operating revenue rose 1.5% to $34.313 billion in the third quarter of 2026 and 1.2% to $103.006 billion for the first nine months, compared with the same periods in 2025. Consumer revenue increased 1.3%…
• Business Segment DemandImportance 31 · Surprise 32
  Verizon’s Business segment serves businesses, public sector customers, and wireless and wireline carriers across the U.S., with selected offerings also provided to customers around the world. Business mobility and…
• Network Technology and CapacityImportance 31 · Surprise 24
  Verizon describes its network strategy as combining 5G wireless, fiber-based transport, cloud infrastructure, AI and automation, private networks, and IP routing. Its spectrum portfolio includes C-Band and…
• Income Tax Rate ChangesImportance 18 · Surprise 14
  The effective income tax rate decreased to 22.0% in the third quarter of 2026 from 22.5% in the comparable 2025 quarter, while the tax provision increased 1.8% to $1.497 billion. Verizon attributed the quarterly rate…

Earnings call · 2026-10-26

• Guidance and OutlookImportance 73 · Surprise 76
  Verizon raised its 2026 postpaid phone net-add guidance to 1.1 million–1.2 million and adjusted EPS growth guidance to 7%–7.5%. It expects free cash flow growth to approach 12% for the full year and mobility and…
• Capital Return ProgramImportance 70 · Surprise 56
  Verizon returned $12.8 billion to shareholders year to date, up 49% year over year, including $8.8 billion of dividends and $4 billion of share repurchases. The company continued to expect up to $4.5 billion of share…
• Strategic Cost ReductionImportance 58 · Surprise 42
  Verizon said its transformation program, comprising 10 workstreams, is delivering customer improvements and cost reductions earlier than initially expected. Its $9 billion OpEx and CapEx cost-reduction plan remains on…
• Capital Expenditures and Cash FlowImportance 54 · Surprise 40
  Cash flow from operations was $29.9 billion for the first nine months of 2026, up nearly 7% year over year, while free cash flow increased 14.3% to $18 billion. Capital expenditures totaled $11.9 billion through Q3,…
• Supply Chain CommitmentsImportance 52 · Surprise 42
  Verizon announced a multiyear, multibillion-dollar agreement with Corning for more than 80 million miles of fiber through 2032. Management said the supply will support both fiber broadband expansion and the long-haul…
• Operating Margin DriversImportance 49 · Surprise 32
  Third-quarter adjusted EBITDA was $13.8 billion, up 8% year over year, and adjusted EBITDA margin increased 240 basis points to 40.2%, a company high. Verizon continued its $5 billion operating cost-efficiency program…
• Revenue Performance and MixImportance 47 · Surprise 48
  Third-quarter total revenue was $34.3 billion, up 1.5% year over year, while mobility and broadband service revenue grew 2.9%. Lower equipment revenue, down 9% year over year, offset some service revenue growth as…
• AI Infrastructure PartnershipImportance 46 · Surprise 42
  Verizon announced a dark fiber agreement with Amazon Web Services valued at over $2 billion and said it also has a previously announced Google agreement. The company has approximately $4 billion of signed contracts…
• Debt and Liquidity PositionImportance 44 · Surprise 24
  Verizon’s net unsecured debt to consolidated adjusted EBITDA ratio was 2.3x at quarter-end, improving 0.2x from the prior quarter. Management said the company remained on track to reach its target leverage range during…
• Acquisition / Partnership / DivestitureImportance 44 · Surprise 24
  Verizon said its Frontier integration remained ahead of plan and was on track to deliver more than $1 billion of run-rate operating-cost synergies by 2028. The company reported that postpaid phone and broadband…
• Product Launch and TransitionImportance 40 · Surprise 42
  Verizon developed a fixed wireless access product capable of delivering one-gigabit speeds in metro areas using its millimeter-wave spectrum. Management said the service would begin scaling in Q4 and continue through…
• AI Infrastructure DemandImportance 38 · Surprise 24
  Verizon said demand was strong for dark fiber, lit fiber, and edge-computing locations, and that it had approximately $4 billion of signed contracts, including an agreement with Amazon Web Services valued at more than…
• Fiber Broadband ExpansionImportance 29 · Surprise 24
  Verizon expects to exceed 32 million fiber passings by year-end and remains on track for 40 million–50 million fiber passings over the medium term. It plans to add high-speed fixed wireless access coverage for another…
• Consumer Subscriber TrendsImportance 25 · Surprise 32
  Verizon reported 406,000 postpaid phone net additions and 137,000 postpaid net account additions in Q3, with improvement across its consumer and business segments. Management attributed customer growth to its…
• AI Product StrategyImportance 25 · Surprise 30
  Management described agentic AI as a potential source of new services and customer-facing value propositions, as well as an opportunity to use Verizon's network, data, and national fiber backbone. It expects growth in…
• AI and Agentic CommerceImportance 25 · Surprise 30
  Management said Verizon plans to use its data, network infrastructure, customer relationships, and brand to develop new AI-related products and services, while using AI to improve productivity, customer satisfaction,…
• Competition and Pricing PressureImportance 23 · Surprise 24
  Management said Verizon was competing without relying on promotions, free phones, or subsidies, which it characterized as tactics that do not create lasting competitive advantage. Instead, it emphasized customer…
• Competition and New EntrantsImportance 20 · Surprise 24
  CEO Dan Schulman said Verizon assumes SpaceX will execute its announced plans and is monitoring its potential entry into terrestrial wireless. He estimated that a terrestrial network could require 65,000–80,000 macro…
• Broadband Demand TrendsImportance null · Surprise 24
  Verizon added 314,000 broadband customers in Q3 and more than 1 million year to date, with fiber accounting for nearly half of Q3 broadband net additions. Management cited strong consumer demand, growing broadband…

8-K · 2026-10-26

• Fiber Broadband ExpansionImportance 52 · Surprise 56
  Verizon reported 155,000 fiber broadband net additions in the third quarter, compared with 61,000 in the prior-year quarter; its fiber broadband connections grew 44.2% year over year to 11.1 million. More than half of…
• Free Cash Flow and CapexImportance 48 · Surprise 40
  Third-quarter operating cash flow was $11.517 billion, up 2.2% year over year, and free cash flow was $7.801 billion, up 12.1%. For the first nine months, operating cash flow increased to $29.936 billion from $28.023…
• Broadband Demand TrendsImportance 46 · Surprise 56
  Verizon added 314,000 broadband connections in third-quarter 2026, comprising 159,000 fixed wireless access (FWA) and 155,000 fiber additions. Total broadband connections reached 17.4 million, up 33.5% year over year,…
• Consumer Subscriber TrendsImportance 45 · Surprise 64
  Verizon added 406,000 postpaid phone customers in third-quarter 2026, up more than 820% year over year and its strongest third-quarter result in five years. Postpaid net account additions were 137,000, the company’s…
• Debt and Liquidity PositionImportance 36 · Surprise 14
  Total debt at September 30, 2026 was $166.233 billion, up from $158.150 billion at December 31, 2025; unsecured debt was $136.095 billion. Net unsecured debt was $123.721 billion, down from $128.682 billion at June 30,…
• Revenue Performance and MixImportance 24 · Surprise 14
  Third-quarter 2026 total operating revenue was $34.313 billion, up 1.5% year over year; nine-month revenue was $103.006 billion, up 1.2%. Mobility and broadband service revenue was $23.5 billion, up 2.9%, while…
• Operating Income and MarginsImportance 24 · Surprise 14
  Third-quarter 2026 consolidated operating income increased 6.7% year over year to $8.650 billion, while consolidated net income rose 5.2% to $5.320 billion. Consolidated net income margin improved to 15.5% from 14.9%,…
• Operating Expense TrendsImportance 23 · Surprise 22
  Third-quarter total operating expenses were $25.663 billion, down 0.2% year over year, while nine-month expenses increased 1.8% to $78.935 billion. SG&A declined 3.5% in the quarter to $7.480 billion, but depreciation…