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Verizon Expects Strong 2026 Results With 750K To 1.0M Postpaid Phone Adds $93B Service Revenue $37.5B To $38.0B Operating Cash Flow And Free Cash Flow Above $21.5B

Benzinga·01/30/2026 11:33:29
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For 2026, Verizon expects the following:

  • Total retail postpaid phone net additions of 750,000 to 1.0 million, which is approximately 2 to 3 times the 2025 reported result.
  • Total mobility and broadband service revenue growth of 2.0 percent to 3.0 percent, equating to approximately $93 billion. Wireless service revenue growth will be approximately flat in 2026 as the company transitions to sustainable volume-based growth.
  • Adjusted EPS1 of $4.90 to $4.95, or year-over-year growth of 4.0 percent to 5.0 percent, representing a significant acceleration compared to recent historical performance.
  • Cash flow from operations of $37.5 billion to $38.0 billion.
  • Capital expenditures of $16.0 billion to $16.5 billion. This includes a fiber build pace of at least 2.0 million passings in 2026.
  • Free cash flow1 of $21.5 billion or more, growing approximately 7.0 percent or more from 2025, which will mark the highest free cash flow1 generated since 2020.