---
schema_version: "secwatch.filing_event.v1"
accession: "0000732712-26-000040"
form_type: "8-K"
ticker: "VZ"
cik: "0000732712"
company_name: "VERIZON COMMUNICATIONS INC"
filed_at: "2026-07-24T11:00:31+00:00"
generated_at: "2026-07-24T11:06:51.411883+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Verizon Q2 2026: record adjusted EBITDA $13.7B, raises FY guidance, adjusted EPS +6.6%

## Summary
- Mobility and broadband service revenue $23.4B, +2.8% YoY; 184K postpaid phone net adds, best Consumer Q2 in 5 years.
- Consolidated adjusted EBITDA $13.7B (+7.2% YoY) and margin 40.1% – both all-time highs.
- Adjusted EPS $1.30 (+6.6% YoY) vs $0.92 GAAP EPS; free cash flow $6.4B in Q2, +24.4% YoY.
- Full-year guidance raised: adj. EPS $4.99-$5.04 (+6-7% YoY), free cash flow growth 9-10%, share buyback target up to $4.5B.
- Net unsecured debt $136.5B; net debt to adjusted EBITDA ratio 2.5x; total debt down $6B from Q1.

## SEC filing metadata
- accession: 0000732712-26-000040
- form_type: 8-K
- ticker: VZ
- cik: 0000732712
- company_name: VERIZON COMMUNICATIONS INC
- filed_at: 2026-07-24T11:00:31+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/732712/000073271226000040/0000732712-26-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/732712/000073271226000040/vz-20260724.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000732712-26-000040
- JSON: https://secwatch.observer/filing/0000732712-26-000040.json
- Plain text: https://secwatch.observer/filing/0000732712-26-000040.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.