[8-K] VERIZON COMMUNICATIONS INC Reports Material Event

Rhea-AI Filing Summary

Verizon Communications Inc. filed a current report describing changes to how it reports revenue and operating metrics for its Consumer and Business segments starting in the first quarter of 2026. Revenue will now be broken out into mobility and broadband service, wireless equipment, and other revenue for each segment.

Verizon will also disclose operating metrics only on a consolidated basis, rather than by segment. To help investors compare periods, the company provided unaudited historical 2025 data under the new format, including Consumer operating revenues of $106,807 million and Business operating revenues of $29,069 million for the 12 months ended December 31, 2025.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 _____________________________________________________________________________

FORM 8-K

 ______________________________________________________________________________

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report: March 13, 2026

(Date of earliest event reported)

 ______________________________________________________________________________

Verizon Communications Inc.

(Exact name of registrant as specified in its charter)

 _______________________________________________________________________________  

Delaware						1-8606			23-2259884
(State or other jurisdiction of incorporation)						(Commission File Number)			(I.R.S. Employer Identification No.)
1095 Avenue of the Americas									10036
New York,			New York
(Address of principal executive offices)									(Zip Code)

Registrant’s telephone number, including area code: (212) 395-1000

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class

Trading Symbol(s)

Name of Each Exchange on Which Registered

Common Stock, par value $0.10

VZ

New York Stock Exchange

Common Stock, par value $0.10

VZ

The Nasdaq Global Select Market

1.375% Notes due 2026

VZ 26B

New York Stock Exchange

0.875% Notes due 2027

VZ 27E

New York Stock Exchange

1.375% Notes due 2028

VZ 28

New York Stock Exchange

1.125% Notes due 2028

VZ 28A

New York Stock Exchange

2.350% Fixed Rate Notes due 2028

VZ 28C

New York Stock Exchange

1.875% Notes due 2029

VZ 29B

New York Stock Exchange

0.375% Notes due 2029

VZ 29D

New York Stock Exchange

1.250% Notes due 2030

VZ 30

New York Stock Exchange

1.875% Notes due 2030

VZ 30A

New York Stock Exchange

4.250% Notes due 2030

VZ 30D

New York Stock Exchange

2.625% Notes due 2031

VZ 31

New York Stock Exchange

2.500% Notes due 2031

VZ 31A

New York Stock Exchange

3.000% Fixed Rate Notes due 2031

VZ 31D

New York Stock Exchange

0.875% Notes due 2032

VZ 32

New York Stock Exchange

0.750% Notes due 2032

VZ 32A

New York Stock Exchange

3.500% Notes due 2032

VZ 32B

New York Stock Exchange

3.250% Notes due 2032

VZ 32C

New York Stock Exchange

1.300% Notes due 2033

VZ 33B

New York Stock Exchange

4.75% Notes due 2034

VZ 34

New York Stock Exchange

4.750% Notes due 2034

VZ 34C

New York Stock Exchange

3.125% Notes due 2035

VZ 35

New York Stock Exchange

1.125% Notes due 2035

VZ 35A

New York Stock Exchange

3.375% Notes due 2036

VZ 36A

New York Stock Exchange

3.750% Notes due 2036

VZ 36B

New York Stock Exchange

3.750% Notes due 2037

VZ 37B

New York Stock Exchange

2.875% Notes due 2038

VZ 38B

New York Stock Exchange

1.875% Notes due 2038

VZ 38C

New York Stock Exchange

1.500% Notes due 2039

VZ 39C

New York Stock Exchange

3.50% Fixed Rate Notes due 2039

VZ 39D

New York Stock Exchange

1.850% Notes due 2040

VZ 40

New York Stock Exchange

3.850% Fixed Rate Notes due 2041

VZ 41C

New York Stock Exchange

3.9962% Fixed-to-Fixed Rate Junior Subordinated Notes due 2056

VZ 56

New York Stock Exchange

5.7420% Fixed-to-Fixed Rate Junior Subordinated Notes due 2056

VZ 56A

New York Stock Exchange

4.2462% Fixed-to-Fixed Rate Junior Subordinated Notes due 2056

VZ 56B

New York Stock Exchange

5.7427% Fixed-to-Fixed Rate Junior Subordinated Notes due 2056

VZ 56C

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

☐ Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 7.01. Regulation FD Disclosure.

During the first quarter of 2026, Verizon Communications Inc. (Verizon) revised its presentation of revenue reporting for its reportable segments - Verizon Consumer Group (Consumer) and Verizon Business Group (Business). Accordingly, beginning in the first quarter of 2026, Verizon will report Consumer and Business revenue disaggregated by products and services as follows: mobility and broadband service revenue, wireless equipment revenue and other revenue.

In the first quarter of 2026, Verizon also made changes to the presentation of certain operating metrics, and going forward will only disclose operating metrics on a consolidated basis.

As a convenience to investors, in Exhibit 99 to this report we are providing certain unaudited historical financial and operating information reflecting these changes.

The information provided pursuant to this Item 7.01 is “furnished” and shall not be deemed to be “filed” with the Securities and Exchange Commission or incorporated by reference in any filing under the Securities Exchange Act of 1934, as amended, or the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in any such filings.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.
Exhibit Number						Description
99						Selected historical financial and operating information.
104						Cover Page Interactive Data File (formatted as inline XBRL).

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Verizon Communications Inc.

(Registrant)

Date:

March 13, 2026

/s/ Mary-Lee Stillwell

Mary-Lee Stillwell

Senior Vice President and Controller

Verizon Communications Inc.

Exhibit 99

Selected Historical Financial and Operating Information

Consumer - Selected Financial Results

(dollars in millions)

									3 Mos. Ended			3 Mos. Ended			3 Mos. Ended			3 Mos. Ended						12 Mos. Ended
Unaudited																		3/31/25			6/30/25			9/30/25			12/31/25						12/31/25
Operating Revenues
Mobility and broadband service(1)																		$	18,801		$	19,002		$	19,096		$	19,024					$	75,923
Wireless equipment																		4,532			5,369			4,766			7,112						21,779
Other(2)																		2,285			2,277			2,243			2,300						9,105
Total Operating Revenues																		$	25,618		$	26,648		$	26,105		$	28,436					$	106,807

Footnotes:

(1) Mobility and broadband service revenue primarily includes revenue from mobility communication services, fixed wireless access (FWA) broadband, Fios internet and other fiber-based services.

(2) Other revenue primarily includes revenue from wireline products that provide legacy voice, video and data solutions, as well as broadband solutions over a traditional copper-based network. Other revenue also includes fees that partially recover the direct and indirect costs of complying with regulatory and industry obligations and programs, leasing and interest recognized when equipment is sold to the customer by an authorized agent under a device payment plan agreement.

Certain intersegment transactions with corporate entities have not been eliminated.

Verizon Communications Inc.

Business - Selected Financial Results

(dollars in millions)

									3 Mos. Ended			3 Mos. Ended			3 Mos. Ended			3 Mos. Ended						12 Mos. Ended
Unaudited																		3/31/25			6/30/25			9/30/25			12/31/25						12/31/25
Operating Revenues
Mobility and broadband service(1)																		$	3,717		$	3,733		$	3,743		$	3,747					$	14,940
Wireless equipment																		866			886			853			1,087						3,692
Other(2)																		2,703			2,656			2,546			2,532						10,437
Total Operating Revenues																		$	7,286		$	7,275		$	7,142		$	7,366					$	29,069

Footnotes:

(1) Mobility and broadband service revenue primarily includes revenue from mobility communication services, FWA broadband, Fios internet and other fiber-based services.

(2) Other revenue primarily includes revenue from wireline products that provide legacy voice, video and data solutions, as well as broadband solutions over a traditional copper-based network. Other revenue also includes fees that partially recover the direct and indirect costs of complying with regulatory and industry obligations and programs, leasing and interest recognized when equipment is sold to the customer by an authorized agent under a device payment plan agreement.

Certain intersegment transactions with corporate entities have not been eliminated.

Verizon Communications Inc.

Total Operating Statistics

Unaudited																		3/31/25			6/30/25			9/30/25			12/31/25
Connections (‘000):
Wireless retail																		145,974			146,136			146,119			146,930
Wireless retail postpaid																		125,744			125,895			125,913			126,705
Wireless retail postpaid phone																		93,214			93,207			93,246			93,868
Wireless retail core prepaid(1)																		18,977			19,017			19,062			19,169
Fiber broadband																		7,581			7,613			7,674			7,741
FWA broadband																		4,845			5,112			5,391			5,727
Total broadband(2)																		12,426			12,725			13,065			13,468
									3 Mos. Ended			3 Mos. Ended			3 Mos. Ended			3 Mos. Ended						12 Mos. Ended
Unaudited																		3/31/25			6/30/25			9/30/25			12/31/25						12/31/25
Net Additions (‘000):
Wireless retail																		(65)			177			2			851						965
Wireless retail postpaid																		(159)			155			36			829						861
Wireless retail postpaid phone																		(289)			(9)			44			616						362
Wireless retail core prepaid(1)																		137			50			47			109						343
Fiber broadband																		45			32			61			67						205
FWA broadband																		308			278			261			319						1,166
Total broadband(2)																		353			310			322			386						1,371
Account Statistics:
Wireless retail postpaid ARPA(3)																		$	169.81		$	170.79		$	171.27		$	170.61					$	170.62
Wireless retail core prepaid ARPU(4)																		$	31.92		$	32.56		$	32.70		$	32.90					$	32.52
Churn Rate:
Wireless retail postpaid phone																		0.95		%	0.97		%	0.98		%	1.02		%				0.98		%
Wireless retail core prepaid(1)																		3.47		%	3.60		%	3.73		%	3.73		%				3.63		%
Wireless Retail Postpaid Connection Statistics:
Upgrade rate																		2.8		%	3.6		%	3.3		%	4.4		%

Footnotes:

(1) Represents total prepaid results excluding our SafeLink brand.

(2) Total broadband excludes solutions provided over a traditional copper-based network.

(3) Wireless retail postpaid ARPA - average service revenue per account from retail postpaid accounts.

(4) Wireless retail core prepaid ARPU - average service revenue per unit from retail prepaid connections excluding our SafeLink brand.

Where applicable, the operating results reflect certain adjustments, including those related to the reclassification of connections associated with Verizon’s second number offering, migration activity among different types of devices and plans, customer profile changes, and adjustments in connection with mergers, acquisitions and divestitures. Where applicable, historical results have been recast to conform to the current period presentation.

Filing Exhibits & Attachments

5 documents

Press Releases

• EX-99 EX-99 132.2 KB

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 9.7 KB
• EX-101 XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT 33.3 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT 70.3 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT 35.7 KB