Verizon Communications Inc. — Third Quarter 2026 Earnings Summary

Verizon reported record-breaking third-quarter 2026 results, driven by a 406,000 postpaid phone net addition increase and 137,000 postpaid net account additions, marking its strongest performance in five and ten years respectively. The company achieved consolidated Adjusted EBITDA of $13.8 billion and free cash flow of $7.8 billion, while raising its full-year 2026 guidance for postpaid phone additions, adjusted EPS, and free cash flow for the third consecutive quarter. Strategic initiatives included a landmark over $2 billion partnership with Amazon Web Services to scale AI infrastructure and a shift toward customer-first offerings that reduced promotional costs and churn. Total operating revenue reached $34.3 billion, with mobility and broadband service revenue growing 2.9 percent year-over-year to $23.5 billion.