Verizon Communications Inc. (VZ) Q2 FY2026 Financial Statements: Revenue $34.25B, Net income $3.83B
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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% |
About this file
| Ticker | VZ |
|---|---|
| CIK | 0000732712 |
| Company | Verizon Communications Inc. |
| Business type | telecommunications carrier |
| Schema template | standard operating company, adapted for a network carrier: Verizon's income statement runs from operating revenues straight to operating expenses and does not strike a gross profit line, so none is reported here; capital intensity is carried through capital expenditures and free cash flow instead. |
| Reporting currency | USD |
| Converted to USD | no |
| Units | actual dollars (not millions); per-share amounts in actual dollars; share counts in actual shares |
VZ annual income statement, balance sheet and cash flow
| FY2025 | FY2024 | FY2023 | |
|---|---|---|---|
| Fiscal year | 2025 | 2024 | 2023 |
| Label | FY2025 | FY2024 | FY2023 |
| Period start | 2025-01-01 | 2024-01-01 | 2023-01-01 |
| Period end | 2025-12-31 | 2024-12-31 | 2023-12-31 |
| Period type | fiscal year | fiscal year | fiscal year |
| Source accession | 0000732712-26-000007 | 0000732712-26-000007 | 0000732712-26-000007 |
| Income statement | |||
| Service revenues and other | 112,721,000,000 | 111,571,000,000 | 109,652,000,000 |
| Wireless equipment revenues | 25,470,000,000 | 23,217,000,000 | 24,322,000,000 |
| Total operating revenues | 138,191,000,000 | 134,788,000,000 | 133,974,000,000 |
| Cost of services | 27,789,000,000 | 27,997,000,000 | 28,100,000,000 |
| Cost of wireless equipment | 28,976,000,000 | 26,100,000,000 | 26,787,000,000 |
| Selling general and administrative expense | 33,818,000,000 | 34,113,000,000 | 32,745,000,000 |
| Depreciation and amortization expense | 18,349,000,000 | 17,892,000,000 | 17,624,000,000 |
| Goodwill impairment | 0 | 0 | 5,841,000,000 |
| Total operating expenses | 108,932,000,000 | 106,102,000,000 | 111,097,000,000 |
| Operating income | 29,259,000,000 | 28,686,000,000 | 22,877,000,000 |
| Equity in earnings losses of unconsolidated businesses | 0 | -53,000,000 | -53,000,000 |
| Other income net | 107,000,000 | 995,000,000 | -313,000,000 |
| Interest expense | -6,694,000,000 | -6,649,000,000 | -5,524,000,000 |
| Income before provision for income taxes | 22,672,000,000 | 22,979,000,000 | 16,987,000,000 |
| Provision for income taxes | -5,064,000,000 | -5,030,000,000 | -4,892,000,000 |
| Net income | 17,608,000,000 | 17,949,000,000 | 12,095,000,000 |
| Net income attributable to noncontrolling interests | 434,000,000 | 443,000,000 | 481,000,000 |
| Net income attributable to verizon | 17,174,000,000 | 17,506,000,000 | 11,614,000,000 |
| Basic EPS | 4.06 | 4.15 | 2.76 |
| Basic shares | 4,226,000,000 | 4,218,000,000 | 4,211,000,000 |
| Diluted EPS | 4.06 | 4.14 | 2.75 |
| Diluted shares | 4,231,000,000 | 4,223,000,000 | 4,215,000,000 |
| Dividends declared per common share | 2.735 | 2.685 | 2.635 |
| Balance sheet | |||
| Cash and cash equivalents | 19,048,000,000 | 4,194,000,000 | |
| Accounts receivable net | 27,097,000,000 | 26,109,000,000 | |
| Inventories | 2,441,000,000 | 2,247,000,000 | |
| Total current assets | 56,922,000,000 | 40,523,000,000 | |
| Property plant and equipment net | 109,467,000,000 | 108,522,000,000 | |
| Wireless licenses | 157,039,000,000 | 156,613,000,000 | |
| Goodwill | 22,841,000,000 | 22,841,000,000 | |
| Other intangible assets net | 10,458,000,000 | 11,129,000,000 | |
| Total assets | 404,258,000,000 | 384,711,000,000 | |
| Debt maturing within one year | 18,618,000,000 | 22,633,000,000 | |
| Total current liabilities | 62,370,000,000 | 64,771,000,000 | |
| Long term debt | 139,532,000,000 | 121,381,000,000 | |
| Total long term liabilities | 236,147,000,000 | 219,365,000,000 | |
| Noncontrolling interests | 1,281,000,000 | 1,338,000,000 | |
| Total equity | 105,741,000,000 | 100,575,000,000 | |
| Total liabilities | 298,517,000,000 | 284,136,000,000 | |
| Total debt | 158,150,000,000 | 144,014,000,000 | |
| Cash flow | |||
| Net cash provided by operating activities | 37,137,000,000 | 36,912,000,000 | 37,475,000,000 |
| Capital expenditures | -17,011,000,000 | -17,090,000,000 | -18,767,000,000 |
| Cash paid for acquisitions of businesses net of cash acquired | 0 | 0 | -30,000,000 |
| Acquisitions of wireless licenses | -450,000,000 | -900,000,000 | -5,796,000,000 |
| Net cash used in investing activities | -16,660,000,000 | -18,674,000,000 | -23,432,000,000 |
| Dividends paid | -11,481,000,000 | -11,249,000,000 | -11,025,000,000 |
| Net cash used in financing activities | -5,613,000,000 | -17,100,000,000 | -14,657,000,000 |
| Free cash flow | 20,126,000,000 | 19,822,000,000 | 18,708,000,000 |
VZ quarterly income statement, balance sheet and cash flow
| Q2 2026 | Q2 2025 | |
|---|---|---|
| Label | Q2 2026 | Q2 2025 |
| Period start | 2026-04-01 | 2025-04-01 |
| Period end | 2026-06-30 | 2025-06-30 |
| Period type | three months | three months |
| Source accession | 0000732712-26-000046 | 0000732712-26-000046 |
| Cash flow source accession | 0000732712-26-000040 | 0000732712-26-000040 |
| Income statement | ||
| Service revenues and other | 29,229,000,000 | 28,249,000,000 |
| Wireless equipment revenues | 5,024,000,000 | 6,255,000,000 |
| Total operating revenues | 34,253,000,000 | 34,504,000,000 |
| Cost of services | 7,225,000,000 | 6,878,000,000 |
| Cost of wireless equipment | 5,859,000,000 | 7,007,000,000 |
| Selling general and administrative expense | 8,982,000,000 | 7,812,000,000 |
| Depreciation and amortization expense | 5,008,000,000 | 4,635,000,000 |
| Total operating expenses | 27,074,000,000 | 26,332,000,000 |
| Operating income | 7,179,000,000 | 8,172,000,000 |
| Equity in earnings losses of unconsolidated businesses | 44,000,000 | -3,000,000 |
| Other income net | 36,000,000 | 79,000,000 |
| Interest expense | -1,985,000,000 | -1,639,000,000 |
| Income before provision for income taxes | 5,274,000,000 | 6,609,000,000 |
| Provision for income taxes | -1,325,000,000 | -1,488,000,000 |
| Net income | 3,949,000,000 | 5,121,000,000 |
| Net income attributable to noncontrolling interests | 114,000,000 | 118,000,000 |
| Net income attributable to verizon | 3,835,000,000 | 5,003,000,000 |
| Basic EPS | 0.92 | 1.18 |
| Basic shares | 4,168,000,000 | 4,224,000,000 |
| Diluted EPS | 0.92 | 1.18 |
| Diluted shares | 4,171,000,000 | 4,228,000,000 |
| Dividends declared per common share | 0.7075 | 0.6775 |
| Balance sheet | ||
| Cash and cash equivalents | 1,752,000,000 | |
| Accounts receivable net | 26,486,000,000 | |
| Inventories | 2,036,000,000 | |
| Total current assets | 37,571,000,000 | |
| Property plant and equipment net | 125,497,000,000 | |
| Wireless licenses | 158,159,000,000 | |
| Goodwill | 30,664,000,000 | |
| Other intangible assets net | 12,317,000,000 | |
| Total assets | 410,186,000,000 | |
| Debt maturing within one year | 21,783,000,000 | |
| Total current liabilities | 62,211,000,000 | |
| Long term debt | 143,448,000,000 | |
| Total long term liabilities | 242,779,000,000 | |
| Noncontrolling interests | 1,276,000,000 | |
| Total equity | 105,196,000,000 | |
| Total liabilities | 304,990,000,000 | |
| Total debt | 165,231,000,000 | |
| Cash flow | ||
| Net cash provided by operating activities | 10,435,000,000 | 8,975,000,000 |
| Capital expenditures | -4,009,000,000 | -3,808,000,000 |
| Free cash flow | 6,426,000,000 | 5,167,000,000 |
VZ year-to-date income statement and cash flow
| Six months ended June 30, 2026 | |
|---|---|
| Label | Six months ended June 30, 2026 |
| Period start | 2026-01-01 |
| Period end | 2026-06-30 |
| Period type | six months |
| Source accession | 0000732712-26-000046 |
| Income statement | |
| Service revenues and other | 57,988,000,000 |
| Wireless equipment revenues | 10,705,000,000 |
| Total operating revenues | 68,693,000,000 |
| Cost of services | 14,392,000,000 |
| Cost of wireless equipment | 12,365,000,000 |
| Selling general and administrative expense | 16,615,000,000 |
| Depreciation and amortization expense | 9,900,000,000 |
| Total operating expenses | 53,272,000,000 |
| Operating income | 15,421,000,000 |
| Equity in earnings losses of unconsolidated businesses | 49,000,000 |
| Other income net | 513,000,000 |
| Interest expense | -3,925,000,000 |
| Income before provision for income taxes | 12,058,000,000 |
| Provision for income taxes | -2,963,000,000 |
| Net income | 9,095,000,000 |
| Net income attributable to noncontrolling interests | 215,000,000 |
| Net income attributable to verizon | 8,880,000,000 |
| Basic EPS | 2.12 |
| Basic shares | 4,186,000,000 |
| Diluted EPS | 2.12 |
| Diluted shares | 4,190,000,000 |
| Dividends declared per common share | 1.415 |
| Cash flow | |
| Net cash provided by operating activities | 18,419,000,000 |
| Capital expenditures | -8,210,000,000 |
| Cash paid for acquisitions of businesses net of cash acquired | -9,480,000,000 |
| Acquisitions of wireless licenses | -1,155,000,000 |
| Net cash used in investing activities | -18,500,000,000 |
| Dividends paid | -5,864,000,000 |
| Purchase of common stock for treasury | -3,500,000,000 |
| Net cash used in financing activities | -17,114,000,000 |
| Free cash flow | 10,209,000,000 |
| Cash flow free cash flow source accession | 0000732712-26-000040 |
VZ trailing twelve month income statement and cash flow
| Twelve months ended June 30, 2026 | |
|---|---|
| Label | Twelve months ended June 30, 2026 |
| Period start | 2025-07-01 |
| Period end | 2026-06-30 |
| Period type | trailing twelve months |
| Source accession | 0000732712-26-000046 |
| Income statement | |
| Service revenues and other | 114,373,000,000 |
| Wireless equipment revenues | 24,522,000,000 |
| Total operating revenues | 138,895,000,000 |
| Cost of services | 28,353,000,000 |
| Cost of wireless equipment | 28,228,000,000 |
| Selling general and administrative expense | 34,747,000,000 |
| Depreciation and amortization expense | 19,037,000,000 |
| Total operating expenses | 110,365,000,000 |
| Operating income | 28,530,000,000 |
| Equity in earnings losses of unconsolidated businesses | 46,000,000 |
| Other income net | 420,000,000 |
| Interest expense | -7,348,000,000 |
| Income before provision for income taxes | 21,648,000,000 |
| Provision for income taxes | -5,049,000,000 |
| Net income | 16,599,000,000 |
| Net income attributable to noncontrolling interests | 427,000,000 |
| Net income attributable to verizon | 16,172,000,000 |
| Basic shares | 4,207,500,000.0 |
| Diluted shares | 4,212,500,000.0 |
| Basic EPS | 3.84 |
| Diluted EPS | 3.84 |
| Dividends declared per common share | 2.795 |
| Cash flow | |
| Net cash provided by operating activities | 38,799,000,000 |
| Capital expenditures | -17,268,000,000 |
| Cash paid for acquisitions of businesses net of cash acquired | -9,480,000,000 |
| Acquisitions of wireless licenses | -1,371,000,000 |
| Net cash used in investing activities | -27,970,000,000 |
| Dividends paid | -11,633,000,000 |
| Purchase of common stock for treasury | -3,500,000,000 |
| Net cash used in financing activities | -12,456,000,000 |
| Free cash flow | 21,531,000,000 |
| Source accessions | 0000732712-26-000007; 0000732712-26-000046 |
| Derivation | Full-year 2025 from the FY2025 Form 10-K (accession 0000732712-26-000007), plus the six months ended June 30, 2026, less the six months ended June 30, 2025, both from the Form 10-Q for the quarter ended June 30, 2026 (accession 0000732712-26-000046). |
Adjustments
| Value | |
|---|---|
| Splits applied | none |
| ADR ratio | n/a |
| FX | None. Verizon is a domestic filer reporting in U.S. dollars, so no currency translation was applied. |
Prior year to date
| Six months ended June 30, 2025 | |
|---|---|
| Label | Six months ended June 30, 2025 |
| Period start | 2025-01-01 |
| Period end | 2025-06-30 |
| Period type | six months |
| Source accession | 0000732712-26-000046 |
| Income statement | |
| Service revenues and other | 56,336,000,000 |
| Wireless equipment revenues | 11,653,000,000 |
| Total operating revenues | 67,989,000,000 |
| Cost of services | 13,828,000,000 |
| Cost of wireless equipment | 13,113,000,000 |
| Selling general and administrative expense | 15,686,000,000 |
| Depreciation and amortization expense | 9,212,000,000 |
| Total operating expenses | 51,839,000,000 |
| Operating income | 16,150,000,000 |
| Equity in earnings losses of unconsolidated businesses | 3,000,000 |
| Other income net | 200,000,000 |
| Interest expense | -3,271,000,000 |
| Income before provision for income taxes | 13,082,000,000 |
| Provision for income taxes | -2,978,000,000 |
| Net income | 10,104,000,000 |
| Net income attributable to noncontrolling interests | 222,000,000 |
| Net income attributable to verizon | 9,882,000,000 |
| Basic EPS | 2.34 |
| Basic shares | 4,223,000,000 |
| Diluted EPS | 2.34 |
| Diluted shares | 4,227,000,000 |
| Dividends declared per common share | 1.355 |
| Cash flow | |
| Net cash provided by operating activities | 16,757,000,000 |
| Capital expenditures | -7,953,000,000 |
| Cash paid for acquisitions of businesses net of cash acquired | 0 |
| Acquisitions of wireless licenses | -234,000,000 |
| Net cash used in investing activities | -7,190,000,000 |
| Dividends paid | -5,712,000,000 |
| Purchase of common stock for treasury | 0 |
| Net cash used in financing activities | -10,271,000,000 |
| Free cash flow | 8,804,000,000 |
| Cash flow free cash flow source accession | 0000732712-26-000040 |
Notes
- Verizon Communications Inc. is a U.S. domestic filer reporting in U.S. dollars, so no currency translation was applied. It is not an American Depositary Receipt, so no per-ADS conversion applies, and it has had no stock split in the period these filings cover; per-share amounts are shown exactly as the filings present them.
- Annual figures come from the Form 10-K for the year ended December 31, 2025 (accession 0000732712-26-000007). That filing presents three years of income statement and cash flow data (2025, 2024 and 2023) but only two balance sheet dates (December 31, 2025 and December 31, 2024). FY2023 therefore carries an income statement and a cash flow statement and no balance sheet, because the filing does not print one.
- Quarterly figures come from the Form 10-Q for the quarter ended June 30, 2026 (accession 0000732712-26-000046). Its income statement prints a three-month and a six-month column for each year, so both entries under the quarterly heading are true three-month periods. The six-month columns are reported separately in the year-to-date blocks rather than mixed in among the quarters.
- Verizon's 10-Q presents its condensed consolidated statement of cash flows on a six-month basis only - there is no three-month column anywhere in that statement. The three-month operating cash flow, capital expenditures and free cash flow shown for the quarters ended June 30, 2026 and June 30, 2025 are taken from the free cash flow schedule in Verizon's second-quarter 2026 earnings release, furnished as Exhibit 99 to the Form 8-K filed July 24, 2026 (accession 0000732712-26-000040), which does print three-month columns. No three-month cash flow figure has been inferred from a six-month column, and no other cash flow line is reported for those quarters because none is published.
- Verizon's income statement does not strike a gross profit line. Operating expenses run from cost of services and cost of wireless equipment through selling, general and administrative expense and depreciation and amortization to a single total, which is deducted from total operating revenues to give operating income. No gross profit or gross margin is reported here because the filings report none.
- The balance sheet prints a total for current liabilities and a total for long-term liabilities but no combined total liabilities caption, so the total liabilities figure here is the sum of those two printed subtotals. Total debt is likewise the sum of debt maturing within one year and long-term debt. At June 30, 2026 that comes to $165,231 million, the same total debt Verizon states in its second-quarter 2026 earnings release (accession 0000732712-26-000040); at December 31, 2025 it comes to $158,150 million, which also matches that release.
- Free cash flow is operating cash flow less capital expenditures, which is Verizon's own definition of the measure; Verizon labels it a non-GAAP financial measure. For the three annual periods it is computed as operating cash flow less capital expenditures from the cash flow statement in the Form 10-K for the year ended December 31, 2025 (accession 0000732712-26-000007), because the 10-K itself prints no free cash flow line. The resulting amounts - $20,126 million for 2025, $19,822 million for 2024 and $18,708 million for 2023 - match the free cash flow schedule Verizon publishes in its fourth-quarter 2025 earnings release, furnished as Exhibit 99 to the Form 8-K filed January 30, 2026 (accession 0000732712-26-000003), which prints the same operating cash flow and capital expenditure amounts for those three years. For the quarters and the six-month periods free cash flow is the figure Verizon publishes in its second-quarter 2026 earnings release (accession 0000732712-26-000040).
- The trailing twelve months ended June 30, 2026 is a derived view: full-year 2025 plus the six months ended June 30, 2026 less the six months ended June 30, 2025. Four of its lines can be checked against the twelve-month column Verizon publishes in its second-quarter 2026 earnings release, and all four agree exactly - net income of $16,599 million, depreciation and amortization of $19,037 million, interest expense of $7,348 million and an income tax provision of $5,049 million. Weighted-average share counts are not additive across periods, so the trailing counts were built by backing the first half of 2025 out of the full year and averaging the resulting second half with the first half of 2026; the trailing per-share amounts follow from those counts.
- Purchase of common stock for treasury is carried in the year-to-date and trailing-twelve-month blocks but in none of the annual ones. The Form 10-Q for the quarter ended June 30, 2026 (accession 0000732712-26-000046) prints that line within financing activities - $3,500 million in the six months ended June 30, 2026 and none in the six months ended June 30, 2025 - while the cash flow statement in the Form 10-K for the year ended December 31, 2025 (accession 0000732712-26-000007) prints no treasury purchase line at all for 2025, 2024 or 2023; its financing section runs from long-term and asset-backed borrowings and repayments through dividends paid to a single Other, net line. The annual blocks omit the line because the 10-K does not report one. That 10-K's statement of changes in equity shows the same thing from the other side: the treasury stock rollforward for each of the three years carries only shares issued out of treasury under employee and shareholder plans, and the treasury balance shrinks from $(4,013) million at the start of 2023 to $(3,821) million, $(3,583) million and $(3,255) million at the ends of 2023, 2024 and 2025, with no repurchase in any of those years. The trailing-twelve-month amount of $3,500 million is therefore the six-month 2026 amount alone.
- Capital expenditures, interest expense, the income tax provision and the investing and financing cash flow lines are carried with the negative sign the filings print them with.
- Dividends declared per common share is the per-share amount disclosed in the statement of changes in equity for the annual periods and in the equity note for the quarterly and six-month periods. It is what was declared in the period, not what was paid in cash; cash dividends paid are carried separately within the cash flow blocks.
- Beginning in the first quarter of 2026 Verizon changed how it disaggregates revenue within its Consumer and Business segments, and in the second quarter of 2026 it moved its international wireline connectivity and managed network services business out of the Business segment to Corporate and other after classifying those net assets as held for sale. Verizon states that there was no change to the composition of its reportable segments or to total segment results, and neither change alters the consolidated figures reported here. No segment-level figures are reported here.
- Second-quarter 2026 net income of $3,949 million is struck after $1,810 million of pre-tax special items that Verizon identifies in its second-quarter 2026 earnings release (accession 0000732712-26-000040): a $746 million loss on disposition of business connected to the held-for-sale classification described above, $397 million of severance charges, $258 million of asset rationalization charges, $135 million of acquisition and integration related charges and $274 million of amortization of acquisition-related intangible assets. After a $219 million tax effect those items reduced net income by $1,591 million, or $0.38 per share. The comparable special items in the second quarter of 2025 were $192 million pre-tax and $143 million after a $49 million tax effect, or $0.03 per share, and consisted entirely of amortization of acquisition-related intangible assets. The figures in this record are the reported ones, with nothing added back.
- Goodwill of $30,664 million at June 30, 2026 is up from $22,841 million at December 31, 2025, and the six-month cash flow statement shows $9,480 million of cash paid for acquisitions of businesses net of cash acquired against none in the first half of 2025. The 2023 income statement carries a $5,841 million Verizon Business Group goodwill impairment, which the 10-K prints as a separate operating expense line and which is the reason 2023 operating income is well below 2024's and 2025's.
Uncertainties
- No balance sheet is reported for the quarter ended June 30, 2025. Verizon's 10-Q presents balance sheets at June 30, 2026 and December 31, 2025 only. The equity note in that filing does print total equity of $104,361 million at June 30, 2025, but no corresponding total assets or liabilities, so that period is left without a balance sheet rather than carrying a partial one.
- The trailing-twelve-month weighted-average share counts, and the per-share amounts computed from them, are derived rather than reported. Verizon publishes no twelve-month weighted-average share count for a period ending mid-year. The derived diluted count is about 4.21 billion shares and gives trailing diluted earnings per share of $3.84; treat that as accurate to the cent rather than exact.
- For 2023 the 10-K prints basic earnings per share of $2.76 and diluted earnings per share of $2.75, while net income attributable to Verizon of $11,614 million divided by 4,215 million weighted-average diluted shares works out to $2.755. The amounts reported here are the ones the filing prints.
- No cash flow lines other than operating cash flow, capital expenditures and free cash flow are reported for the two quarters, because Verizon's three-month cash flow disclosure is limited to that schedule in the earnings release.
Company details
| Value | |
|---|---|
| Name | Verizon Communications Inc |
| Ticker | VZ |
| CIK | 0000732712 |
| Exchange | NYSE |
| State | New York |
| Incorporation | Delaware |
| SIC | 4813 |
| Office | Technology |
| Industry | Telephone Communications (No Radiotelephone) |
Fiscal period
| FY2026 | |
|---|---|
| Fiscal year | 2026 |
| Fiscal period | Q2 |
| Tag | FY26Q2 |
| Period end | 2026-06-30 |
| Form | 10-Q |
| Accession | 0000732712-26-000046 |
| Fiscal year end | 1231 |
| Source | facts |
Source filings
| Role | Current | Form | Fiscal year | Fiscal period | Tag | Period end | Filed | Accession | Url | Source |
|---|---|---|---|---|---|---|---|---|---|---|
| annual | no | 10-K | 2025 | FY | FY25 | 2025-12-31 | 2026-02-17 | 0000732712-26-000007 | https://www.sec.gov/Archives/edgar/data/732712/000073271226000007/0000732712-26-000007-index.htm | reported |
| quarterly | yes | 10-Q | 2026 | Q2 | FY26Q2 | 2026-06-30 | 2026-07-31 | 0000732712-26-000046 | https://www.sec.gov/Archives/edgar/data/732712/000073271226000046/0000732712-26-000046-index.htm | facts |
FAQ · Verizon Communications financial statements
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 four of Verizon Communications Inc.'s own filings with the SEC, read one at a time. 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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Built from Verizon Communications Inc.'s SEC filings by Ticker Scout; accession numbers are cited throughout so every figure can be checked against sec.gov. Free to cite with attribution: Ticker Scout (tickerscout.ai). Not investment advice, see the Disclaimer.