Verizon Communications Inc. · NYSE:VZ
Verizon Communications — Q3 2026 Earnings Presentation
9 slides from Verizon Communications's earnings presentation, Oct 26, 2026
Slide 1: Third Quarter Results
verizon Third Quarter Res U : ts October 26, 2026
Slide 2: Safe Harbor Statement
“Safe Harbor” Statement In this presentation we have made forward-looking statements. These statements are based on our estimates and assumptions and are subject to risks and uncertainties. Forward-looking statements include the information concerning our possible or assumed future results of operat
Slide 3: Dan Schulman, CEO
Dan Schulman CEO
Slide 4: Operating metrics
Operating metrics Retail postpaid phone net adds (K) 137K Wireless retail postpaid account net adds (+313K Y/Y) 0.94% Wireless retail postpaid phone churn Broadband net adds (K) (down 4 bps Y/Y) 3.3M Wireless postpaid upgrades (-20.3% Y/Y) Note: Where applicable, the operating results reflect certai
Slide 5: Financial highlights
Financial highlights Mobility and Broadband Adjusted EBITDA ($B)1 Adjusted EPS1 Service Revenue ($B) +2.9% +8.0% +8.3% 1 Non-GAAP measure. Delivering profitable growth through disciplined strategy 5
Slide 6: Consolidated cash flow summary
Consolidated cash flow summary ($ in billions) Nine Months of 2025 Nine Months of 2026 Cash flow from operations $28.0 $29.9 Capital expenditures $12.3 $11.9 Free cash flow1 $15.8 $18.0 Dividends paid $8.6 $8.8 Share repurchases - $4.0 Total debt $146.8 $166.2 Unsecured debt $119.7 $136.1 Net unsecu
Slide 7: 2026 Guidance
2026 Guidance Previous Updated Postpaid phone net adds Upper half of 750K - 1M 1.1M - 1.2M Mobility and Broadband Service Revenue1 2.5% - 3% Upper half of 2.5% - 3% Adjusted EPS1,2 6% - 7% 7% - 7.5% Capex1 $16.0B - $16.5B Unchanged Free Cash Flow1,2 9% - 10% Approaching 12% 1 Our 2026 financial guid
Slide 8: Q&A
Q&A
Slide 9: Verizon confidential and proprietary
Verizon confidential and proprietary. Unauthorized disclosure, reproduction or other use prohibited. VZQTR20FIN
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