Verizon Communications Inc. (VZ) Financials
PeriodQ2 FY2026
Published
Verizon Communications reported $34.25 billion in total operating revenues for Q2 FY2026, the quarter ended June 30, 2026, down 0.7% from a year earlier, as higher service revenue was outweighed by lower wireless equipment sales on reduced device upgrade volumes. Net income attributable to Verizon was $3.83 billion, down 23.3%, and diluted earnings per share were $0.92 against $1.18 a year earlier, pulled down by pre-tax special items far larger than the year-ago quarter's, among them a loss on classifying Verizon's international wireline connectivity and managed network services business as held for sale, severance charges and asset rationalization charges; because those charges sit in operating expenses, they also cut operating income to $7.18 billion, down 12.2%. Free cash flow, which Verizon defines as operating cash flow less capital expenditures, was $6.43 billion, up 24.4%; excluding the special items from both periods, operating income rose, and Verizon raised its full-year guidance for the second consecutive quarter.
| Metric | Amount | vs. year ago |
|---|---|---|
| Revenue | $34,253,000,000 | down 0.7% |
| Net income | $3,835,000,000 | down 23.3% |
| Diluted EPS | $0.92 | down 22.0% |
| Operating income | $7,179,000,000 | down 12.2% |
| Free cash flow | $6,426,000,000 | up 24.4% |
Company details
| Name | Verizon Communications Inc |
|---|---|
| Ticker | VZ |
| CIK | 0000732712 |
| Exchange | NYSE |
| State | New York |
| Incorporation | Delaware |
| SIC | 4813 |
| Office | Technology |
| Industry | Telephone Communications (No Radiotelephone) |
| Latest period covered | Q2 FY2026, ended 2026-06-30, 10-Q, accession 0000732712-26-000046 |
| Fiscal year end | 12/31 (MM/DD) |
| Next expected filing | 10-Q around 2026-10-28 (predicted) |
Data files
- Financial statementsPage Annual financial statements plus the latest quarter: income statement, balance sheet, cash flow. Actual dollars, actual shares. Sourcing notes and uncertainties included.
- 10-K and 10-Q summaryPage Qualitative synthesis of the latest 10-K + 10-Q: business, risk factors (quarter-over-quarter changes flagged), MD&A, legal proceedings, subsequent events.
- 8-K filings and eventsPage Digest of material 8-K filings: earnings headlines, management changes, capital-return and financing actions, governance. SEC accession numbers cited throughout.
FAQ · Verizon Communications Q2 FY2026
How much revenue did Verizon report in Q2 FY2026?
Verizon Communications reported $34.25 billion in total operating revenues for Q2 FY2026, the quarter ended June 30, 2026. That is down 0.7% from $34.50 billion in the same quarter a year earlier, as growth in service revenue was more than offset by lower wireless equipment revenue.
What was Verizon's EPS in Q2 FY2026?
Verizon Communications reported diluted earnings per share of $0.92 for Q2 FY2026, the quarter ended June 30, 2026, compared with $1.18 in the same quarter a year earlier.
Why did Verizon's net income fall in Q2 FY2026?
Net income attributable to Verizon Communications was $3.83 billion in Q2 FY2026, down 23.3% from $5.00 billion a year earlier. The decline reflects pre-tax special items recorded in the quarter, including a loss on classifying Verizon's international wireline connectivity and managed network services business as held for sale, severance charges tied to workforce reductions, asset rationalization charges and acquisition and integration costs, alongside higher interest expense; the held-for-sale loss is nondeductible, which is chiefly why Verizon's effective tax rate also rose. The year-ago quarter carried almost no comparable special items, and excluding special items from both periods Verizon's underlying results improved year over year.
How much free cash flow did Verizon generate in Q2 FY2026?
Verizon Communications generated $6.43 billion of free cash flow in Q2 FY2026, the quarter ended June 30, 2026, up 24.4% from $5.17 billion a year earlier. Verizon defines free cash flow as cash flow from operating activities less capital expenditures and treats it as a non-GAAP measure.
Where can I get Verizon Communications Inc. (VZ) financial data in machine-readable form?
Ticker Scout publishes Verizon Communications Inc.'s financial statements as JSON at https://tickerscout.ai/vz/financials.json, free, with no API key and no signup. The 10-K and 10-Q narrative and the 8-K events digest are published as Markdown at https://tickerscout.ai/vz/narrative.md and https://tickerscout.ai/vz/events.md. Verizon Communications Inc.'s SEC CIK is 0000732712. Every figure cites the SEC accession number it came from, so it can be checked against sec.gov.
When does Verizon Communications Inc. (VZ) next file with the SEC?
Verizon Communications Inc. (VZ) is expected to file its next Form 10-Q with the SEC on or around October 28, 2026. That date is a projection rather than a company-announced date: it is derived from Verizon Communications Inc.'s own filing history with the SEC, by taking the date the company filed the same fiscal period a year earlier and adding 52 weeks. The most recent periodic report on file is the 10-Q for Q2 FY2026, the period ended 2026-06-30, SEC accession 0000732712-26-000046.
How this page was built
This page was built from Verizon Communications Inc.'s own filings with the SEC, read one at a time, and nothing on it is taken from a pre-tagged dataset, a data vendor or another website. The figures are on the company's own fiscal calendar and in actual dollars, as the filings report them. Where the filings do not support a figure, the record says so instead of reporting a zero; this period names four such gaps.
A single company files thousands of pages with the SEC in a year, and no two companies file them the same way, so the reading and the assembly here are done by AI rather than by rules that break on the differences. Every pass is then audited back against the filings it came from before the page is published, and anything the filings do not support is left out and named rather than filled in. AI can still make mistakes. That is why the accession numbers are printed: the filing is the authority, and this page is a route to it.
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Data extracted from SEC filings (accession numbers cited in each file). The undated URLs hold the latest period and are replaced in place each quarter; every period also stays published at its own dated URL, which never changes. Free to cite with attribution: Ticker Scout (tickerscout.ai). Not investment advice, see the Disclaimer.