VZ · 8-K · 20261026PR000049

Operating Income and Margins

VERIZON COMMUNICATIONS INC · 2026-10-26 · Importance 24 · Surprise 14 · No source text

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%, and Adjusted EBITDA increased 8.0% to $13.802 billion as its margin rose to 40.2% from 37.8%. Consumer operating income increased 5.6% to $8.093 billion and operating margin expanded to 30.6% from 29.4%; Business operating income rose 19.4% to $855 million and margin expanded to 12.2% from 10.5%.

Key facts

• Verizon's consolidated Adjusted EBITDA was $13.8 billion in third-quarter 2026, up 8.0 percent year over year and the highest quarterly result it had reported. source
• Verizon's consolidated Adjusted EBITDA margin rose to 40.2 percent in third-quarter 2026 from 37.8 percent a year earlier, the highest it had reported. source
• Verizon's operating income was $8.650 billion in third-quarter 2026, up 6.7 percent year over year. source
• Verizon's consolidated net income was $5.3 billion in third-quarter 2026, up 5.2 percent year over year; net income margin was 15.5 percent, compared with 14.9 percent in third-quarter 2025. source
• Verizon's earnings per share was $1.25 in third-quarter 2026, up 6.8 percent from $1.17 in third-quarter 2025; Adjusted EPS was $1.31, up 8.3 percent from $1.21. source

Impact estimates