Verizon achieved 55,000 postpaid phone net additions in Q1 2026, its first positive first-quarter result since 2013, and reported $34.4 billion in revenue and $1.28 adjusted EPS.
The company’s net income rose to $5.1 billion, adjusted EBITDA grew 6.7% to $13.4 billion, and free cash flow increased to $3.8 billion. Verizon now expects 2026 adjusted EPS growth of 5.0–6.0%.
Driven by healthier customer economics and operational efficiency, Verizon’s transformation plan is regaining market leadership. The strong quarter led to a stock surge and improved guidance for postpaid phone net additions in 2026.
Why did Verizon's online ad engagement drop in March despite its record-breaking quarter?
Is Verizon's surprise growth a one-time acquisition boost or a real threat to T-Mobile?
As Verizon cuts 13,000 jobs for cost savings, will its customer service inevitably suffer?
Verizon celebrates record earnings, but can it sustain its dividend with such a massive debt load?
Is the 'sticky' bundled customer a myth Verizon is chasing at a high cost?
How will AI-native networks and Wi-Fi 7 reshape the wireless battleground beyond 5G?