Verizon delivers another record-breaking quarter with 3Q 2026 results driven by strong postpaid phone and account additions

Verizon (VZ) reported Q3 earnings growth of 8.3%, adding 406,000 postpaid phone customers, an 820% YoY increase. The company raised its full-year outlook for the third consecutive quarter, citing strong cash flow and customer retention. Verizon's stock yields 6.5% and trades at less than 9x expected earnings. The company is also expanding its AI infrastructure partnerships with Amazon and Google.

Verizon (VZ) shares fell 3.5% after reporting Q3 revenue of $34.31B, below estimates. Adjusted earnings beat at $1.31. Wireless equipment revenue dropped 9%, while service revenue rose 2.9%. Verizon raised full-year guidance and signed a $2B deal with Amazon. The stock later recovered to $43.18, down 3.2%.

Verizon reported Q3 2026 postpaid phone net additions of 406,000, up 820% YoY, and improved churn rates, attributing growth to its customer-first strategy, including the Simplicity Plan and loyalty program. Revenue from mobility and broadband services rose 2.9% YoY to $23.5 billion, with total revenue at $34.3 billion, up 1.5% YoY. Net income increased 5.2% YoY to $5.3 billion, according to the company.

Verizon (VZ) reported Q3 2026 earnings, beating profit estimates and raising guidance, but shares fell. The company added 406K postpaid subscribers and achieved record EBITDA margins. However, revenue missed expectations for the third straight quarter. Analysts have mixed views, with some lowering price targets. Key catalysts include Q4 earnings and revenue acceleration.

Verizon reported Q3 revenue of $34.31B, up 1.5% YoY, and adjusted earnings of $1.31 per share, exceeding estimates. The company added 406,000 postpaid phone subscribers, its best Q3 performance in five years. Verizon also secured $4B in contracts for AI connectivity and edge computing. CEO Dan Schulman addressed potential competition from SpaceX, estimating significant time and investment required for SpaceX to establish a nationwide wireless operation.

Verizon (VZ) reported Q3 adjusted EPS of $1.31, beating estimates, and raised full-year guidance for the third consecutive quarter. The company added 406,000 postpaid phones and 137,000 postpaid accounts, with record adjusted EBITDA and free cash flow. However, revenue of $34.31 billion missed estimates, and revenue per postpaid account fell 1.9%. Verizon, along with AT&T (T) and T-Mobile, lobbied the FCC against SpaceX's (SPCX) planned phone network, citing potential impacts on 5G bands.