Verizon Communications Inc. · NYSE:VZ
Verizon Communications — Q1 2026 Earnings Presentation
9 slides from Verizon Communications's earnings presentation, Apr 27, 2026
Slide 1: First Quarter Results
verizon First Quarter Results
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: 2026 Guidance
2026 Guidance Raised Guidance Reaffirmed Guidance Adjusted EPS 1,2 Postpaid Phone Net Adds Mobility and Broadband Service Revenue 1 5% - 6% Now expected to be in top half 2% to 3% ($4.95 - $4.99) of our 750K - 1M range Capex 1 Up from prior guidance of 4% - 5% $16.0B - $16.5B or $4.90 - $4.95 Free C
Slide 5: Operating metrics
Operating metrics Retail postpaid phone net adds (K) Retail core prepaid1 net adds (K) 55K Wireless retail postpaid phone net adds (+344K Y/Y) 0.90% Consumer wireless retail postpaid phone churn Broadband net adds (K) (down 5 bps sequentially) 3.8M Wireless postpaid upgrades (+5.9% Y/Y) Note: Where
Slide 6: Strong profitability in 1Q26
Strong profitability in 1Q26 Mobility and Broadband Adjusted EBITDA ($B) 1 Adjusted EPS 1 Service Revenue ($B) * +1.6% +6.7% +7.6% * Includes one-time pressure of 80 bps on Wireless service revenue from customer credits and other impacts related to network outage. In March, Mobility and broadband se
Slide 7: Consolidated cash flow summary
Consolidated cash flow summary ($ in billions) Q1 2025 Q1 2026 Cash flow from operations $7.8 $8.0 Capital expenditures $4.1 $4.2 Free cash flow1 $3.6 $3.8 Dividends paid $2.9 $2.9 Share repurchases - $2.5 Total debt $143.6 $172.5 Unsecured debt $117.3 $142.5 Net unsecured debt1 $115.1 $130.1 Net un
Slide 8: Q&A
Q&A
Slide 9: Verizon confidential and proprietary. Unauthorized disclosure, reproduction or other use prohibited.
Verizon confidential and proprietary. Unauthorized disclosure, reproduction or other use prohibited. VZQTR20FIN
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