Verizon Q4: Wireless surge lifts earnings and 2026 outlook
TL;DR Summary
Verizon beat expectations in Q4 thanks to a surge in wireless subscribers from aggressive promotions, adding 616,000 billed wireless customers in the quarter and posting $36.4 billion in revenue. The company guided for 2026 adjusted EPS of $4.90–$4.95 and at least $21.5 billion in free cash flow, aided by fiber/broadband growth from the Frontier acquisition and continued wireless-bundled offerings.
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