Every 10-Q that Verizon Communications Inc. (VZ) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow VZ and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full VZ filings page.
Verizon Communications Inc. reported Q2 2026 results with total operating revenues of $34.3 billion and net income attributable to Verizon of $3.8 billion, or $0.92 per diluted share, compared with $34.5 billion and $5.0 billion, or $1.18 per share, a year earlier.
For the first six months of 2026, operating revenues were $68.7 billion and net income attributable to Verizon was $8.9 billion. Net cash provided by operating activities rose to $18.4 billion, while significant acquisition and investment spending reduced cash, cash equivalents and restricted cash to $2.3 billion at June 30, 2026.
Verizon completed the approximately $9.8 billion Frontier acquisition, assuming about $12.9 billion of Frontier debt and repaying roughly $12.4 billion during the period. It bought UScellular spectrum licenses for $1.0 billion, entered a 50/50 joint venture with BT for international network services (recording a $746 million pre-tax write-down), executed $3.5 billion of share repurchases, and ended the quarter with $21.8 billion of debt maturing within one year, $143.4 billion of long-term debt, and $28.8 billion of asset-backed debt.
Verizon Communications Inc. reported solid first-quarter 2026 results, with total operating revenues of $34.44 billion, up from $33.49 billion a year earlier. Net income attributable to Verizon rose to $5.05 billion from $4.88 billion, and diluted earnings per share increased to $1.20 from $1.15.
Service revenues and other reached $28.76 billion, while wireless equipment revenues were $5.68 billion. Consumer and Business segments together generated operating income of $8.60 billion, led by Consumer with $7.71 billion. Operating cash flow was strong at $7.98 billion, although heavy investment and acquisitions drove a $10.87 billion reduction in cash and restricted cash.
Verizon closed the Frontier Communications acquisition on January 20, 2026, paying about $9.92 billion of purchase consideration and assuming about $12.9 billion of debt at fair value, adding $7.76 billion of goodwill and $2.90 billion of other intangibles. It also acquired Starry in a smaller deal, expanded wireless licenses, and issued new junior subordinated notes with net proceeds of $4.38 billion.
The company was active in capital returns and financing. It launched a $25 billion share repurchase program and executed an accelerated share repurchase for 50.76 million shares at an average price of $49.25, spending $2.5 billion. At March 31, 2026, 4.18 billion common shares were outstanding after treasury stock. Debt increased, with total short- and long-term borrowings (excluding finance leases) carrying a fair value of about $166.28 billion, supported by asset-backed structures totaling $30.0 billion and sizable undrawn revolving and export credit facilities.
Verizon Communications Inc. reported Q3 2025 results with total operating revenues of $33,821 million, up modestly year over year. Operating income rose to $8,105 million, helped by lower selling, general and administrative expense. Net income attributable to Verizon increased to $4,950 million, and diluted EPS was $1.17 versus $0.78 a year ago.
Year-to-date, net cash provided by operating activities was $28,023 million, supporting capital expenditures of $12,263 million. Cash and cash equivalents were $7,706 million, and long‑term debt was $126,629 million. The company executed material balance sheet actions, including $5,534 million of debt repayments/redemptions and new issuances such as €1,000 million 2032 notes and €1,000 million 2037 notes. Asset‑backed debt stood at $27.1 billion. Strategic moves continue: a $1.0 billion agreement to acquire select UScellular spectrum licenses, a pending merger to acquire Frontier (shareholder and key regulatory approvals received), and a signed agreement to acquire Starry Group Holdings, Inc. At September 30, 2025, 4,216,425,489 common shares were outstanding.
Verizon’s Q2-25 10-Q shows steady top-line growth, margin stability and resilient cash generation. Operating revenue rose 5.2% YoY to $34.5 bn, driven by a 25% jump in wireless equipment sales; service revenue advanced 1.6% to $28.2 bn. Operating income improved 4.5% to $8.2 bn and net income attributable to Verizon climbed 8.9% to $5.0 bn. Diluted EPS increased to $1.18 from $1.09. For 1H-25, revenue grew 3.4% to $68.0 bn while EPS rose 7.3% to $2.34.
Cost discipline offset higher device volumes: SG&A fell 2.6% YoY and cost of services was flat. Operating margin held at 23.7% versus 23.8% a year ago. Cash provided by operations was $16.8 bn (+1%) against capex of $8.0 bn, yielding roughly $8.8 bn of free cash flow. Capex declined 1.5% despite continued C-Band build-out ($234 m spectrum spend).
Balance sheet shows total debt of $146 bn (↑$2.0 bn YTD) and cash of $3.4 bn (↓$0.8 bn). Verizon issued $2.3 bn of 5.25% 2035 notes, completed $3.4 bn of ABS issuances and executed $2.2 bn of note exchanges plus $0.5 bn tenders, partially offset by $4.1 bn redemptions. Equity rose to $104.4 bn.
Strategic moves include the pending $38.50-per-share acquisition of Frontier Communications (regulatory approvals outstanding) and a $1.0 bn deal for select UScellular spectrum. No forward guidance was provided.