Verizon Communications Inc

Company facts

Industry

Telephone Communications (No Radiotelephone)

Headquarters

New York, New York

Most recent report

10-Q, filed Jul 31, 2026

Incorporated

Delaware

Filings on record

1,001+ filings

On EDGAR

CIK 732712

Fiscal year ends

December

Filer status

Large accelerated filer

What to read: Jun 2026 10-Q

SECSift found 3 of 11 sections worth reading, with 0 positive, 6 notable, and 2 negative flags.

• Financial Statements (Item 1)

  Core financial statements with major acquisitions and cash burn.
  Notable

  • Unsatisfied performance obligations total $55.2B, expected over ~36 months.
  • Acquired Frontier for $9.8B cash, assumed $12.9B debt, repaid $12.4B of that debt.

• Management's Discussion (Item 2)

  Dense with Q2 specifics: $1.8B special charges, BT JV, satellite JV, Frontier costs, buyback hike.
  Notable

  • Entered satellite JV with AT&T and T-Mobile on May 14, 2026 to eliminate wireless dead zones.
  • Total debt $165.2B at June 30, 2026; secured debt increased to $28.8B from $27.1B at Dec 2025.
  • Won 82 spectrum licenses worth ~$3.2B in FCC auction, paid $3.1B in July 2026.
  Negative

  • Q2 2026 revenue fell 0.7% to $34.3B as Consumer segment dropped 1.5%, dragged by lower wireless equipment sales.
  • Cash fell to $1.8B at June 30, 2026 from $19.1B at year-end after $9.4B Frontier buy and $3.5B buybacks.

• Unregistered Sales and Repurchases (Item 2)

  Company-specific buyback activity with reduced pace from prior quarter.
  Notable

  • Entered $1.0B ASR in April 2026, completed in June; prior quarter had $2.5B ASR.

What changed: Jun 2026 vs. Mar 2026

About 17% of VZ's Jun 2026 10-Q is new information. 105 paragraphs were added, 209 changed, and 25 removed. Below are the most important lines SECSift identified.

• Item 2 160
• Item 1 96
• Item 6 5
• Item 5 2
• Item 4 2