Verizon 2Q FY26 net income drops 22.9% to $3.9 billion; revenue slips 0.7% to $34.3 billion

Reuters2026/07/24 11:02

By:Reuters

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Verizon posted 2Q 2026 net income of USD 3.9 billion, down 22.9% year over year, with EPS of USD 0.92, down 22%.
Operating revenue slipped 0.7% to USD 34.3 billion, as equipment revenue fell nearly 20%, or more than USD 1.2 billion.
Adjusted EBITDA (non-GAAP) rose 7.2% to USD 13.7 billion, with adjusted EBITDA margin up 3 percentage points to 40.1%.
Postpaid phone net adds totaled 184,000; mobility and broadband service revenue rose 2.8% to about USD 23.4 billion.
Guidance raised for 2026 adjusted EPS (non-GAAP) to USD 4.99-5.04; free cash flow (non-GAAP) seen at USD 21.94-22.14 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Verizon Communications Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607240700PRIMZONEFULLFEED9767536) on July 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Verizon 2Q FY26 net income drops 22.9% to $3.9 billion; revenue slips 0.7% to $34.3 billion

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