VZ · 8-K · 20261026PR000049

Operating Expense Trends

VERIZON COMMUNICATIONS INC · 2026-10-26 · Importance 23 · Surprise 22 · From source text

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 and amortization increased 10.3% to $5.095 billion. Cost of services rose 5.9% to $7.265 billion, while wireless equipment costs declined 10.2% to $5.823 billion. Interest expense increased 17.2% in the quarter to $1.950 billion and 19.0% for the first nine months to $5.875 billion.

Key facts

• Verizon's total operating expenses were $25.663 billion in third-quarter 2026, down 0.2 percent year over year. source
• Verizon's cost of wireless equipment was $5.823 billion in third-quarter 2026, down 10.2 percent year over year. source
• Verizon's cost of services was $7.265 billion in third-quarter 2026, up 5.9 percent year over year. source
• Verizon's selling, general and administrative expense was $7.480 billion in third-quarter 2026, down 3.5 percent year over year. source
• Verizon's depreciation and amortization expense was $5.095 billion in third-quarter 2026, up 10.3 percent year over year. source

Impact estimates