VZ · 8-K · 20261026PR000049

Revenue Performance and Mix

VERIZON COMMUNICATIONS INC · 2026-10-26 · Importance 24 · Surprise 14 · From source text

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 wireless equipment revenue fell 9.0% to $5.116 billion, primarily because of lower upgrade volumes and reduced device subsidies. Consumer revenue rose 1.3% to $26.432 billion, including mobility and broadband service revenue growth of 3.6% and wireless equipment revenue decline of 10.3%. Business revenue increased 2.6% to $7.023 billion; its “Other” revenue rose 10.0% while mobility and broadband service revenue declined 0.8%.

Key facts

• Verizon's mobility and broadband service revenue was approximately $23.5 billion in third-quarter 2026, up 2.9 percent year over year. source
• Verizon's total operating revenue was $34.3 billion in third-quarter 2026, up 1.5 percent year over year. source
• Verizon's total operating revenues were $34.313 billion in third-quarter 2026, compared with $33.821 billion in third-quarter 2025, an increase of 1.5 percent. source
• Verizon's service revenues and other were $29.197 billion in third-quarter 2026, up 3.5 percent year over year. source
• Verizon's mobility and broadband service revenue growth improved sequentially from 1.6 percent in first-quarter 2026 to 2.8 percent in second-quarter 2026 and 2.9 percent in third-quarter 2026. source
• Verizon's mobility and broadband service revenue growth of 2.9 percent in third-quarter 2026 was offset by a 9.0 percent year-over-year decline in equipment revenue. source
• Verizon's wireless equipment revenues were $5.116 billion in third-quarter 2026, down 9.0 percent year over year. source

Impact estimates