Jul. 24 at 12:04 PM
$VZ | VERIZON COMMUNICATIONS INC. Q2 2026 EARNINGS HIGHLIGHTS
◆ EPS:
$1.30 vs.
$1.27 est. ✅
◆ Revenue:
$34.25B vs.
$35.16B est. ❌
◆ Net Income:
$3.9B (-22.9% YoY)
◆ Operating Income:
$7.2B (-12.2% YoY)
◆ Operating Expenses:
$27.1B (+2.8% YoY)
◆ Operating Cash Flow:
$10.4B (+16.3% YoY)
Segment Performance:
◆ Consumer:
$26.2B (-1.5% YoY)
◆ Business:
$7.2B (+2.6% YoY)
◆ Wireless Service Revenue:
$23.4B (+2.8% YoY)
Key Metrics:
◆ Q2 2026 free cash flow (non-GAAP) was
$6.4B, up 24.4% YoY; H1 2026 free cash flow was
$10.2B, up 16.0% YoY vs.
$8.8B in H1 2025
◆ Verizon completed
$1.0B in share repurchases in Q2 2026, bringing YTD repurchases to
$3.5B; full-year buyback target raised to up to
$4.5B
◆ Quarterly cash dividend declared at
$0.7075 per common share
Forward Guidance:
◆ FY2026 mobility & broadband service revenue growth: 2.5% to 3.0%; expected to approach 3.0% in Q3 2026 and ~4.0% in Q4 2026
◆ FY2026 adjusted EPS:
$4.99 to
$5.04, representing YoY growth of 6.0% to 7.0%
◆ FY2026 cash flow from operations growth: approximately 2.0% to 4.0% YoY
◆ FY2026 free cash flow growth: 9.0% to 10.0% YoY
