8-KEarnings & ResultsExhibits & Filings

VERIZON COMMUNICATIONS INC 8-K Report, Financial Results (Jul 24, 2026)

Filed July 24, 2026For Securities:VZ

Summary

Verizon Communications Inc. (VZ) has filed an 8-K report on July 24, 2026, primarily to furnish a press release and financial tables detailing its operational and financial performance. The filing emphasizes the use of non-GAAP financial measures, such as Consolidated Adjusted EBITDA, Adjusted EPS, and Free Cash Flow, to provide investors with a clearer understanding of the company's underlying business trends and operational profitability, beyond standard GAAP reporting. Management believes these non-GAAP metrics offer valuable insights for comparative analysis with peers and historical performance, especially when assessing the impact of strategic acquisitions and operational transformations.

Key Highlights

  • 1Verizon is releasing financial information for the period ending July 24, 2026, through a furnished press release and financial tables.
  • 2The report extensively details various non-GAAP financial measures, including Consolidated EBITDA, Consolidated Adjusted EBITDA, Segment EBITDA, Net Unsecured Debt, Adjusted EPS, and Free Cash Flow.
  • 3Management intends to use these non-GAAP measures to enhance investor understanding of operational profitability and business trends, facilitating comparisons with competitors and historical data.
  • 4Key non-GAAP measures like Consolidated Adjusted EBITDA and Adjusted EPS exclude specific 'special items' such as severance charges, acquisition/integration costs, and asset rationalization to present a more normalized view of performance.
  • 5The filing clarifies the calculation methodologies for these non-GAAP measures and their purpose in evaluating operating performance, liquidity, and debt servicing capabilities.
  • 6The acquisition of Frontier Communications Parent, Inc. in January 2026 is cited as a reason for specific acquisition and integration-related charges impacting non-GAAP figures in 2026 and 2025.
  • 7Verizon is voluntarily providing these non-GAAP measures as supplements to, not replacements for, their GAAP financial statements.

Frequently Asked Questions

The primary purpose of this 8-K filing is to publicly release Verizon's financial and operational results for the period ending July 24, 2026, through an attached press release and financial tables. It also serves to explain the company's use of non-GAAP financial measures.

Verizon provides non-GAAP financial measures, such as Adjusted EBITDA and Adjusted EPS, to offer investors a more insightful view of the company's underlying operational performance and business trends. These measures aim to exclude items that may obscure a clear comparison of results from period to period or with competitors, such as acquisition-related costs, severance charges, and asset rationalizations.

The acquisition of Frontier Communications Parent, Inc. in January 2026 has led to the recording of acquisition and integration-related charges in 2026 and 2025. These charges are specifically excluded when calculating non-GAAP measures like Consolidated Adjusted EBITDA and Adjusted EPS to present a more normalized view of ongoing operations.

Verizon states that while its non-GAAP measures are intended to enhance understanding and comparability, they may be determined or calculated differently by other companies and may not be directly comparable to those of other companies.