VERIZON COMMUNICATIONS INC

For the period ended Mar 31, 2026. Filed May 1, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2026 · Filed May 1, 2026

VZ$46.31+0.5%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Income

Verizon Communications Inc. and Subsidiaries

	Three Months Ended
	March 31,
(dollars in millions, except per share amounts) (unaudited)	2026	2025
Operating Revenues
Service revenues and other	$28,759	$28,087
Wireless equipment revenues	5,681	5,398
Total Operating Revenues	34,440	33,485
Operating Expenses
Cost of services (exclusive of items shown below)	7,167	6,950
Cost of wireless equipment	6,506	6,106
Selling, general and administrative expense	7,633	7,874
Depreciation and amortization expense	4,892	4,577
Total Operating Expenses	26,198	25,507
Operating Income	8,242	7,978
Equity in earnings of unconsolidated businesses	5	6
Other income, net	477	121
Interest expense	(1,940)	(1,632)
Income Before Provision For Income Taxes	6,784	6,473
Provision for income taxes	(1,638)	(1,490)
Net Income	$5,146	$4,983
Net income attributable to noncontrolling interests	$101	$104
Net income attributable to Verizon	5,045	4,879
Net Income	$5,146	$4,983
Basic Earnings Per Common Share
Net income attributable to Verizon	$1.20	$1.16
Weighted-average shares outstanding (in millions)	4,205	4,222
Diluted Earnings Per Common Share
Net income attributable to Verizon	$1.20	$1.15
Weighted-average shares outstanding (in millions)	4,210	4,226

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.