What is the primary purpose of this 8-K filing?

The primary purpose of this 8-K filing is to report Verizon Communications Inc.'s financial results and provide detailed information regarding its non-GAAP financial measures. It incorporates by reference a press release and financial tables dated January 30, 2026, which offer investors a deeper insight into the company's performance and financial condition.

Why does Verizon emphasize non-GAAP financial measures?

Verizon emphasizes non-GAAP financial measures such as Adjusted EBITDA, Adjusted EPS, and Free Cash Flow because management believes they provide a more relevant and useful understanding of the company's operational performance and underlying business trends. These measures are used to enhance comparability with prior periods and competitors by excluding certain non-operational items and special items that may fluctuate.

What are some of the key adjustments Verizon makes to its GAAP figures for non-GAAP reporting?

Key adjustments made by Verizon to its GAAP figures include the exclusion of severance charges, asset and business rationalization costs, acquisition and integration-related charges, legacy legal matters, and the amortization of acquisition-related intangible assets. These adjustments aim to present a clearer view of ongoing operational results.

How does Verizon assess its debt levels and ability to service debt?

Verizon assesses its debt levels and ability to service debt using non-GAAP measures like Net Unsecured Debt and the Net Unsecured Debt to Consolidated Adjusted EBITDA Ratio. These metrics are designed to provide insight into the company's leverage from its continuing operations and its capacity to manage its financial obligations.

VZ 8-K: Earnings & Results

Summary

Verizon Communications Inc. (VZ) filed an 8-K on January 30, 2026, to report financial results and provide details on its non-GAAP financial measures. The filing primarily consists of a press release and financial tables dated January 30, 2026, which are incorporated by reference. Investors should note that the company emphasizes the use of non-GAAP measures to provide a more comprehensive understanding of its performance and financial condition, highlighting metrics like EBITDA, Adjusted EBITDA, Adjusted EPS, and Free Cash Flow. The report clarifies how these non-GAAP measures are calculated and their intended use in assessing operational effectiveness and comparability. Specific details are provided on the adjustments made for factors such as severance charges, asset rationalization, acquisition and integration costs, legacy legal matters, and amortization of acquisition-related intangible assets. The company also defines its Net Unsecured Debt and related leverage ratio, which are key indicators for debt servicing capabilities.

Key Highlights

1Verizon Communications Inc. (VZ) filed an 8-K on January 30, 2026, presenting its financial results and related disclosures.
2The filing incorporates by reference a press release and financial tables dated January 30, 2026.
3Verizon heavily relies on non-GAAP financial measures, including EBITDA, Adjusted EBITDA, Adjusted EPS, and Free Cash Flow, for performance analysis.
4The report details the specific adjustments made to GAAP figures to arrive at these non-GAAP measures, aiming for enhanced comparability.
5Key adjustments include severance charges, asset and business rationalization, acquisition/integration costs, legacy legal matters, and amortization of intangibles.
6The company defines its Net Unsecured Debt and Net Unsecured Debt to Consolidated Adjusted EBITDA Ratio to assess leverage and debt servicing ability.
7Reconciliations of non-GAAP financial measures to their corresponding GAAP measures are available in the accompanying schedules.

VERIZON COMMUNICATIONS INC 8-K Report, Financial Results (Jan 30, 2026)

Summary

Key Highlights

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