Verizon Communications Inc.'s results for Q3 2026 (ended Sep 30, 2026) come from the company's own earnings release, filed with the SEC on 2026-10-26. Everything below is taken from that filing; quotes are copied exactly. Company outlooks are the company's own.
At a glance
| Item | Value |
|---|---|
| Revenue (GAAP total operating revenues) | $34,313 million (+1.4% vs a year earlier) |
| Diluted EPS (GAAP) | $1.25 |
| Adjusted per-share figure (company's non-GAAP measure; FFO/AFFO for REITs) | $1.31 |
| Full-year guidance | Raised |
Guidance
Verizon raised 2026 guidance for postpaid phone net adds, adjusted EPS ($5.04–5.06), operating cash flow and free cash flow growth; capex unchanged.
Why this label: 'Verizon is raising its full-year 2026 guidance': adjusted EPS $5.04-5.06, up from 6.0-7.0% growth; service revenue at upper half of unchanged 2.5-3.0% range.
| Metric | Period | New | Prior (as stated in the release) |
|---|---|---|---|
| postpaid phone net additions | FY2026 | 1.1–1.2 million | upper half of 750,000–1.0 million |
| adjusted EPS | FY2026 | $5.04–5.06 (7.0%–7.5% growth) | 6.0%–7.0% growth |
| cash flow from operations growth | FY2026 | 3.5%–5.0% | 2.0%–4.0% |
| free cash flow growth | FY2026 | approaching 12.0% | 9.0%–10.0% |
| mobility and broadband service revenue growth | FY2026 | upper half of 2.5%–3.0% annual guidance range | not stated |
| capital expenditures | FY2026 | $16.0–16.5 billion | not stated |
Next-quarter outlook:
| Metric | Period | Range |
|---|---|---|
| mobility and broadband service revenue growth | 4Q 2026 | ~4.0% |
From the release
Revenue: "Total Operating Revenues · 34,313 · 33,821 · 1.5"
Earnings per share: "EPS was $1.25 in third-quarter 2026, a 6.8 percent increase compared to $1.17 in third-quarter 2025; Adjusted EPS 1 , excluding special items, was $1.31 in third-quarter 2026"
postpaid phone net additions: "Postpaid phone net additions: 1.1 million to 1.2 million, up from upper half of 750,000 to 1.0 million"
adjusted EPS: "Adjusted EPS¹: $5.04 to $5.06, or 7.0 to 7.5 percent growth year-over-year, up from 6.0 to 7.0 percent."
cash flow from operations growth: "Cash flow from operations: 3.5 to 5.0 percent growth year-over-year, up from 2.0 to 4.0 percent."
Quotes are copied from the filing; in table rows, cell borders are shown as “·”.
Key fact: 406,000 postpaid phone net additions; full-year guidance raised for third consecutive quarter.
Source
Verizon Communications Inc. earnings release (SEC filing), accession 0000732712-26-000049, filed 2026-10-26.
Part of the Q3 2026 Guidance Tracker. Educational only, not advice. Free weekly recap every Sunday: yieldterminalpro.com/newsletter.