Verizon Communications Inc. earnings overview

VZ FY2026 Q2 · Calendar Q3 2026

Verizon Communications Inc.

Verizon's Q2 2026 results reinforce a multiquarter turnaround narrative: postpaid net adds accelerated to 184K from 55K in Q1, churn hit a record-low 84 bps, and the consumer value proposition built around Simplicity, Verizon One, and the Loyalty program is translating into higher ARPU and better-quality additions. Beyond the core wireless story, two new strategic moves -- a 50-50 BT joint venture combining approximately $4B of international wireline revenue and a greater-than-$1B Google dark-fiber agreement for AI data centers -- open a high-margin infrastructure revenue stream beginning in 2027. Management raised full-year guidance across revenue, adjusted EPS, and free cash flow, and increased the share buyback target to $4.5B, signaling confidence that cost-efficiency gains are sustainable. The stock responded with a 5.7% abnormal move on the session and continued to drift higher…