$VZ 8-K earnings — Q2 FY26

Verizon reported Q2 adjusted EPS of $1.21, beating consensus of $1.15 by $0.06 (+5.2%). Revenue of $33.2B rose 2.8% YoY, driven by mobility and broadband service growth. The company raised full-year guidance for adjusted EPS, service revenue, cash flow, and free cash flow. The key nuance: record adjusted EBITDA and margin reflect structural cost discipline and lower churn, not one-time gains, signaling sustainable operating leverage.

Verizon reported Q2 adjusted EPS of $1.21, beating consensus of $1.15 by $0.06 (+5.2%). Revenue of $33.2B rose 2.8% YoY, driven by mobility and broadband service growth. The company raised full-year guidance for adjusted EPS, service revenue, cash flow, and free cash flow. The key nuance: record adjusted EBITDA and margin reflect structural cost discipline and lower churn, not one-time gains, signaling sustainable operating leverage.