Summary
Verizon Communications Inc. (VZ) has filed an 8-K report on March 13, 2026, to disclose significant changes in its revenue reporting and operating metrics presentation. Beginning in the first quarter of 2026, the company will disaggregate revenue for its Consumer and Business segments into more granular categories: mobility and broadband service revenue, wireless equipment revenue, and other revenue. This change aims to provide investors with a clearer view of revenue streams within each segment. Furthermore, Verizon will now only disclose operating metrics on a consolidated basis. To facilitate investor understanding of these new reporting structures, the company is providing selected unaudited historical financial and operating information reflecting these changes as an exhibit to this report. Investors should note that this information is furnished and not deemed filed, unless specifically incorporated by reference in future SEC filings.
Key Highlights
- 1Verizon is revising its revenue reporting for the Consumer and Business segments starting Q1 2026.
- 2New revenue disaggregation includes mobility and broadband service revenue, wireless equipment revenue, and other revenue.
- 3Operating metrics will now be disclosed on a consolidated basis only.
- 4Exhibit 99 provides historical financial and operating data reflecting these reporting changes.
- 5The changes are intended to offer investors a more detailed breakdown of revenue sources.
- 6The provided information is furnished and not deemed filed with the SEC.