Earnings ·
Reports Q3 Adjusted EPS of $1.31, raises full-year guidance and signs $2B+ AWS AI deal
VZVerizon Communications Inc
Verizon reported third-quarter 2026 results with consolidated net income of $5.3 billion and adjusted earnings per share of $1.31, up 8.3 percent year-over-year. The company delivered its strongest third-quarter postpaid phone net additions in five years at 406,000 and added 137,000 postpaid net accounts. Consolidated Adjusted EBITDA reached a record $13.8 billion, up 8.0 percent year-over-year. Verizon raised its full-year 2026 guidance for adjusted EPS to $5.04–$5.06 and free cash flow growth to approximately 12 percent. Additionally, the company signed a commercial framework agreement valued at over $2 billion with Amazon Web Services to scale AI infrastructure. The company operates in the telecommunications industry, providing wireless, broadband, and enterprise services.