VZ · 10-Q · 2026Q3 · Full report

Operating Margin Drivers

VERIZON COMMUNICATIONS INC · 2026-10-29 · Importance 55 · Surprise 32 · In source text

Consumer segment operating income increased 5.6% to $8.093 billion in the third quarter of 2026 and 4.9% to $23.839 billion for the first nine months. Consumer operating income margin rose to 30.6% from 29.4% for the quarter and to 30.1% from 29.0% for nine months. Consumer Segment EBITDA margin increased to 45.3% from 43.0% for the quarter and to 44.5% from 42.6% for nine months. Lower wireless equipment costs and lower SG&A helped offset higher service costs and depreciation and amortization, with Frontier-related personnel, facilities, and acquired assets contributing to expense increases.

Key facts

• Verizon's Consumer segment operating income increased 5.6% to $8.093 billion in the three months and 4.9% to $23.839 billion in the nine months ended September 30, 2026. source
• Verizon's Consumer segment operating income margin was 30.6% for the three months and 30.1% for the nine months ended September 30, 2026. source
• Verizon's Consumer segment EBITDA margin was 45.3% for the three months and 44.5% for the nine months ended September 30, 2026. source

Impact estimates