VZ · 10-Q · 2026Q2 · Full report
Revenue Performance and Mix
VERIZON COMMUNICATIONS INC · 2026-07-31 · Importance 31 · Surprise 32 · No source text
Consolidated operating revenue increased 1.0% year over year to $68.693 billion for the six months ended June 30, 2026, while second-quarter revenue decreased 0.7% to $34.253 billion. Consumer revenue declined 1.5% in the second quarter to $26.242 billion but increased 0.8% for the six-month period to $52.695 billion, while Business revenue increased 2.6% and 2.2% to $7.155 billion and $14.285 billion, respectively. Consumer mobility and broadband service revenue rose 3.3% in the second quarter and 2.7% year to date, but wireless equipment revenue fell 22.2% and 9.1%, respectively, primarily because of fewer device upgrades. Fiber broadband connections increased 43.3% to 10.913 million and FWA broadband connections increased 21.4% to 6.208 million at June 30, 2026.
Key facts
- Segment EBITDA was $2,082 million for the three months and $4,087 million for the six months ended June 30, 2026, increases of 20.9% and 18.2% respectively compared to 2025. source
- Consolidated operating revenues for the three months ended June 30, 2026: $34,253 million, a decrease of $251 million (0.7%) compared to the three months ended June 30, 2025. source
- Consolidated operating revenues for the six months ended June 30, 2026: $68,693 million, an increase of $704 million (1.0%) compared to the six months ended June 30, 2025. source
- Consumer segment operating revenues for the six months ended June 30, 2026: $52,695 million, an increase of $429 million (0.8%) compared to the six months ended June 30, 2025. source
- Consolidated net income for the three months ended June 30, 2026: $3,949 million compared to $5,121 million for the three months ended June 30, 2025. source
- Consolidated Adjusted EBITDA for the three months ended June 30, 2026: $13,723 million compared to $12,807 million for the three months ended June 30, 2025. source
- Consumer segment operating revenues for the three months ended June 30, 2026: $26,242 million, a decrease of $406 million (1.5%) compared to the three months ended June 30, 2025. source
- Business segment operating revenues for the six months ended June 30, 2026: $14,285 million, an increase of $310 million (2.2%) compared to the six months ended June 30, 2025. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | negative | realized | -3.4% | Consolidated net income for the three months ended June 30, 2026: $3,949 million compared to $5,121 million for the three months ended… |
| operating_income | positive | realized | +2.7% | Consolidated Adjusted EBITDA for the three months ended June 30, 2026: $13,723 million compared to $12,807 million for the three months… |
| revenue | positive | realized | +2.1% | Consolidated operating revenues for the six months ended June 30, 2026: $68,693 million, an increase of $704 million (1.0%) compared to… |
| operating_income | positive | realized | +1.8% | Segment EBITDA was $2,082 million for the three months and $4,087 million for the six months ended June 30, 2026, increases of 20.9% and… |
| operating_income | positive | realized | +1.4% | Segment EBITDA was $2,082 million for the three months and $4,087 million for the six months ended June 30, 2026, increases of 20.9% and… |
| revenue | positive | realized | +1.3% | Consumer segment operating revenues for the six months ended June 30, 2026: $52,695 million, an increase of $429 million (0.8%) compared… |
| revenue | negative | realized | -0.7% | Consolidated operating revenues for the three months ended June 30, 2026: $34,253 million, a decrease of $251 million (0.7%) compared to… |