VERIZON COMMUNICATIONS INC 8K

Verizon reported strong 2Q26 operational and adjusted financial results, took significant special charges tied to portfolio rationalization, and raised its 2026 guidance while expanding its share repurchase program.

On July 24, 2026, Verizon Communications Inc. announced its second-quarter 2026 financial results, reporting record adjusted EBITDA and margin, strong growth in mobility and broadband service revenues, over 550,000 total mobility and broadband net additions, and robust cash flow generation, while overall operating revenue declined modestly due to lower equipment sales and GAAP net income fell 22.9% year-over-year driven by $1.8 billion of pre-tax special items, including a loss on disposition of its international wireline connectivity and managed network services business, asset rationalization and severance charges; based on this performance, the company raised full-year 2026 guidance for mobility and broadband service revenue growth, adjusted EPS, cash flow from operations, free cash flow, and increased its share repurchase target to up to $4.5 billion after repurchasing $3.5 billion of stock in the first half of 2026.

Filing Facts

CIK

732712

Ticker

VZ

Form

8K

Source Type

sec

Accession

0000732712-26-000040

Alert Tier

7