Summary
Verizon Communications Inc. reported solid financial results for the nine months ended September 30, 2025, with total operating revenues increasing by 2.7% to $101.81 billion. This growth was primarily driven by a 4.0% increase in the Consumer segment's revenue, reaching $78.37 billion, supported by higher wireless service and equipment revenues. The Business segment experienced a slight revenue decline of 1.5% to $21.70 billion, impacted by a decrease in Enterprise and Public Sector and Wholesale revenues. Net income attributable to Verizon saw a significant increase of 18.6% year-over-year to $14.83 billion, translating to diluted earnings per share of $3.51, up from $2.96 in the prior year. The company maintained strong operating cash flow generation, with $28.02 billion for the nine-month period, and free cash flow also saw a healthy increase to $15.76 billion, reflecting effective cost management and operational execution.
Financial Highlights
46 data points| Revenue | $33.82B |
| SG&A Expenses | $7.75B |
| Operating Expenses | $25.72B |
| Operating Income | $8.11B |
| Net Income | $4.95B |
| EPS (Basic) | $1.17 |
| EPS (Diluted) | $1.17 |
| Shares Outstanding (Basic) | 4.23B |
| Shares Outstanding (Diluted) | 4.23B |
Key Highlights
- 1Total operating revenues increased by 2.7% to $101.81 billion for the nine months ended September 30, 2025.
- 2Consumer segment revenue grew by 4.0% to $78.37 billion, primarily driven by wireless service and equipment sales.
- 3Net income attributable to Verizon increased by 18.6% to $14.83 billion, with diluted EPS rising to $3.51.
- 4Operating cash flow remained robust at $28.02 billion for the nine-month period.
- 5Free cash flow increased to $15.76 billion for the nine months ended September 30, 2025.
- 6The company is actively pursuing strategic acquisitions, including agreements to acquire Frontier Communications and Starry Group Holdings.
- 7Verizon reported strong performance in its FWA broadband and wireless service segments within the Consumer division.