Verizon Communications Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026, with the U.S. Securities and Exchange Commission on October 29, 2026, reporting third-quarter and nine-month financial results for the company listed on NYSE:VZ and NASDAQ:VZ.

Key Highlights

  • Third-quarter total operating revenues: $34,313 million, up from $33,821 million in the same period of 2025, according to the filing.
  • Third-quarter net income attributable to Verizon: $5,198 million, compared with $4,950 million in Q3 2025.
  • Diluted earnings per common share for Q3 2026: $1.25, versus $1.17 in Q3 2025.
  • Nine-month total operating revenues: $103,006 million for the nine months ended September 30, 2026, compared with $101,810 million for the same period in 2025.
  • Nine-month interest expense: $5,875 million, up from $4,935 million in the first nine months of 2025.
  • Shares outstanding at September 30, 2026: 4,144,598,336 common shares, after deducting 146,835,310 shares held in treasury.
  • Total assets at September 30, 2026: $415,522 million, compared with $404,258 million at December 31, 2025.

Verizon's Third-Quarter 2026 Operating and Financial Results

According to the filing, Verizon reported total operating revenues of $34,313 million for the three months ended September 30, 2026, consisting of service revenues and other of $29,197 million and wireless equipment revenues of $5,116 million. Total operating expenses for the quarter were $25,663 million, producing operating income of $8,650 million, compared with operating income of $8,105 million in Q3 2025. The company disclosed depreciation and amortization expense of $5,095 million for the third quarter of 2026, up from $4,618 million a year earlier.

The filing reported net income of $5,320 million for Q3 2026, of which $5,198 million was attributable to Verizon and $122 million to noncontrolling interests. Basic and diluted earnings per common share attributable to Verizon were each $1.25, based on weighted-average diluted shares of 4,161 million. Interest expense for the quarter was $1,950 million, compared with $1,664 million in Q3 2025. Income before provision for income taxes was $6,817 million, and the provision for income taxes was $1,497 million.

For the nine months ended September 30, 2026, the company disclosed net income attributable to Verizon of $14,078 million, down from $14,832 million for the same period in 2025, with diluted earnings per share of $3.37 versus $3.51. On the balance sheet, cash and cash equivalents stood at $4,495 million at September 30, 2026, compared with $19,048 million at December 31, 2025. Goodwill increased to $30,729 million from $22,841 million at year-end 2025, and wireless licenses rose to $161,417 million from $157,039 million, according to the filing.

What Was Disclosed

Verizon's 10-Q for the quarter ended September 30, 2026, disclosed condensed consolidated income statements, a balance sheet, cash flow statements, and related notes, covering financial results for the three- and nine-month periods ended September 30, 2026 and 2025.