VERIZON COMMUNICATIONS INC (VZ) Form 10-Q — Jul 31, 2026
Verizon reported total operating revenues of $68.7 billion for the six months ended June 30, 2026, a 1.0% increase compared to the prior year period. However, net income attributable to Verizon declined 10% to $8.9 billion, with diluted earnings per share falling to $2.12 from $2.34, impacted by acquisition and integration costs, severance charges, and asset rationalization. The decrease in profitability was driven by specific charges including $381 million for Frontier integration, $397 million for severance, and a $746 million loss on the classification of the international wireline business as held for sale.
Key figures
- Eps
- 2.12
- Revenue
- 68693
- Net Income
- 9095
- Cash Position
- 1752
- Severance Charges
- 397
- Frontier Debt Repaid
- 12400
- Frontier Debt Assumed
- 12900
- Revenue Growth Six Month
- 1.0%
- Loss On Held For Sale Assets
- 746
- Six Month Share Repurchases
- 3500
- Total Cash And Restricted Cash
- 2304
- Capital Expenditures Six Month
- 8210
- Frontier Acquisition Cash Paid
- 9800
- Acquisition Integration Charges
- 381
Price after filing
Close on the filing date to close N calendar days later (from $46.81). Historical, not a forecast.
AI analysis
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