VZ · News · 20260819N
Revenue Performance and Mix
VERIZON COMMUNICATIONS INC · 2026-08-19 · Importance 18 · Surprise 14 · No source text
Verizon reported second-quarter revenue of $34.25 billion, down 0.7% year over year. The revenue result missed analyst expectations despite quarterly EPS of $1.30 exceeding estimates. The reported decline indicates continued pressure on Verizon’s top-line performance in the quarter.
Key facts
- Verizon's Q2 revenue was $34.25 billion, a 0.7% year-over-year decline. source
- MGO One Seven LLC increased its stake in Verizon by 68.8% in the second quarter, acquiring 167,073 additional shares to reach a total of 410,019 shares valued at $17.36 million. source
- Verizon's EVP and Group CEO-VZ Business, Kyle Malady, sold 1,100 shares of common stock at $48.68 each on August 18, 2026 under a Rule 10b5-1 trading plan established on May 18, 2026. source
- A report stated Verizon's free cash flow equals 10.0% of its market value. source
- Verizon's shares rose 1.69% on Wednesday, closing at $49.36, marking the second consecutive day of gains. source
- Verizon reported Q2 EPS of $1.30, beating estimates. source
- Following the sale, Kyle Malady directly holds 109,866 Verizon shares and indirectly holds 20,200 shares through a 401(k) plan. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | negative | realized | -0.7% | Verizon's Q2 revenue was $34.25 billion, a 0.7% year-over-year decline. |