NYSE$VZ

Verizon · Q1 2026 earnings

Q1 2026 earnings · · Before market open · Investor relations

Briefing

Verizon reported Q1 2026 total operating revenues of $34.4B and net income attributable to Verizon of $5.0B, with diluted EPS of $1.20.

For the quarter ended March 31, 2026, Verizon generated $34.4 billion of total operating revenues versus $33.5 billion a year ago, including contributions from the Frontier and Starry acquisitions completed in January 2026. Net income attributable to Verizon was $5.0 billion; diluted EPS was $1.20 versus $1.15. MD&A discusses Consumer and Business segment mobility and broadband trends, integration of acquired assets, and capital spending.

  • Total operating revenues $34.4B (+2.8% YoY).
  • Net income attributable to Verizon $5.0B; diluted EPS $1.20.
  • Frontier and Starry acquisitions closed in January 2026.
  • Segment commentary covers mobility, broadband, and integration costs.

Headline financials

Total Revenue

$34.4B

Previous: $33.5B+2.9%
EPS (adj)

$1.20

Previous: $1.15+4.3%
Capital Expenditures

-$4.2B

Previous: -$4.15B-1.4%
Free Cash Flow

$3.78B

Previous: $3.6B+5.1%
Net Income

$5.05B

Previous: $4.98B+1.2%
Operating Income

$8.24B

Previous: $7.98B+3.3%
Gross Profit

$34.4B

Previous: $15.9B+117.3%
Cash & Equivalents

$8.37B

No prior period
Total Assets

$418B

No prior period

Revenue & EPS history

Verizon · Revenue · Quarterly

$34.4B

Q1 2026+2.9%vs Q1 2025
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Revenue by segment

Verizon · $32.8B total across 2 segments · Q3 2023

  • Consumer
    $25.3B-2.3%
  • Business
    $7.53B-4.0%

Forward guidance

Management outlook in the 10-Q covers operating priorities, capital allocation, and sector risks; numeric multi-quarter EPS bridges are limited.

Tailwinds

  • MD&A highlights strategic priorities and liquidity.
  • Segment or product trends support the core business narrative.

Headwinds

  • Macro, rates, or input costs may pressure near-term margins.
  • One-time items can affect year-over-year comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

-0.0%

Avg return

Earnings day

+0.3%

Avg return

5 days after

+0.4%

Avg return

30 days after

55%

40 / 73 earnings

Positive

+12.1%

Q4 2025

Best reaction

-8.6%

Q1 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.5%+3.7%+4.0%
Q4 2025+12.1%+18.1%+25.9%
Q3 2025+2.0%+0.4%+4.6%
Q2 2025-0.5%+2.8%+0.6%
Q1 2025+0.6%-2.4%+0.5%
Q4 2024+0.9%+2.8%+9.1%
Q3 2024-1.9%-5.3%-2.7%
Q2 2024-6.6%-3.7%-1.4%
Q1 2024-2.0%-2.0%-1.7%
Q4 2023+4.3%+7.1%+2.9%
Q3 2023+7.3%+6.5%+19.0%
Q2 2023+1.1%+0.1%-1.8%
Q1 2023-0.5%+4.7%-6.1%
Q4 2022+1.8%+2.5%-2.8%
Q3 2022-2.8%-1.5%+4.2%
Q2 2022-6.1%-5.8%-6.8%
Q1 2022-8.6%-11.9%-10.0%
Q4 2021-3.7%-0.1%-0.7%
Q3 2021+2.0%+0.4%-2.8%
Q2 2021+0.7%+0.4%-0.1%
Q1 2021-1.9%-2.5%-2.5%
Q4 2020-5.6%-6.3%-3.3%
Q3 2020+0.1%+1.0%+4.9%
Q2 2020+1.8%+2.9%+5.6%
Q1 2020+0.4%+0.9%-6.1%
Q4 2019-0.2%-2.1%-9.0%
Q3 2019-0.7%+0.4%-1.4%
Q2 2019+0.6%-0.4%+5.2%
Q1 2019-2.2%-3.1%+0.9%
Q4 2018-1.9%-0.9%+3.4%
Q3 2018+4.4%+1.0%+7.6%
Q2 2018+0.3%+2.5%+7.0%
Q1 2018+3.0%+6.0%-0.0%
Q4 2017+1.4%+2.4%-10.5%
Q3 2017+1.8%+0.6%-6.6%
Q2 2017+8.0%+10.1%+9.6%
Q1 2017-3.5%-4.6%-7.2%
Q4 2016-5.0%-5.4%-4.0%
Q3 2016-4.3%-5.0%-4.6%
Q2 2016-1.0%-0.8%-5.6%
Q1 2016-2.3%
Q4 2015+5.9%
Q3 2015+0.4%
Q2 2015-3.4%
Q1 2015+0.4%
Q4 2014-2.3%
Q3 2014-0.4%
Q2 2014+0.4%
Q1 2014-3.1%
Q4 2013-2.1%
Q3 2013+5.8%
Q2 2013-1.6%
Q1 2013+5.5%
Q4 2012+0.6%
Q3 2012+1.0%
Q2 2012-3.1%
Q1 2012+2.8%
Q4 2011+0.0%
Q3 2011-0.3%
Q2 2011-2.5%
Q1 2011+0.0%
Q4 2010+0.1%
Q1 2009+0.1%
Q3 2010-0.1%
Q2 2010+0.5%
Q1 2010+0.2%
Q4 2009+0.4%
Q3 2008-1.2%
Q3 2009-1.2%
Q4 2007+0.3%
Q4 2008+0.3%
Q2 2009+0.3%
Q2 2008+0.3%

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