secwatch.observer — SEC 8-K summary
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Issuer:     VERIZON COMMUNICATIONS INC (VZ)
CIK:        0000732712
Form:       8-K
Filed at:   2026-04-27T23:59:59+00:00
Accession:  0000732712-26-000019
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Verizon 1Q26: Rev $34.4B, Adj EPS $1.28 (+7.6%), raises FY guidance to 5-6% growth
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- Adj EPS $1.28 (+7.6% YoY); FY26 adj EPS guidance raised to $4.95-$4.99 (5-6% growth).
- First positive Q1 postpaid phone net adds since 2013: 55K adds, a YoY improvement of over 340K.
- Consolidated adj EBITDA $13.4B (record high), up 6.7% YoY; revenue $34.4B up 2.9%.
- Free cash flow $3.8B in Q1, up 4% YoY; FY FCF guidance reaffirmed at $21.5B+.
- Frontier acquisition closed Jan 20; paid down ~half of Frontier debt, expect substantially all by year-end.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/732712/000073271226000019/0000732712-26-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/732712/000073271226000019/vz-20260427.htm
  HTML page:      https://secwatch.observer/filing/0000732712-26-000019

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer