- Verizon press release (NYSE:VZ): Q3 Non-GAAP EPS of $1.21 beats by $0.02.
- Revenue of $33.8B (+1.5% Y/Y) misses by $470M.
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Broadband
- Delivered 306,000 broadband net additions in third-quarter 2025.
- Total fixed wireless access net additions were 261,000 in third-quarter 2025, bringing the base to nearly 5.4 million fixed wireless access subscribers.
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Verizon Consumer
- Total Verizon Consumer revenue was $26.1 billion in third-quarter 2025, an increase of 2.9 percent year-over-year.
- Consumer wireless service revenue in third-quarter 2025 was $17.4 billion, up 2.4 percent year-over-year.
- Consumer wireless retail postpaid churn was 1.12 percent in third-quarter 2025, and wireless retail postpaid phone churn was 0.91 percent.
- Consumer wireless postpaid average revenue per account (ARPA) of $147.91 in third-quarter 2025, an increase of 2.0 percent year-over-year.
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Verizon Business
- Total Verizon Business revenue was $7.1 billion in third-quarter 2025, a decrease of 2.8 percent year-over-year.
- Business wireless service revenue in third-quarter 2025 was $3.6 billion, an increase of 0.7 percent year-over-year.
- Business reported 110,000 wireless retail postpaid net additions in third-quarter 2025. This result included 51,000 postpaid phone net additions.
- Business wireless retail postpaid churn was 1.56 percent in third-quarter 2025, and wireless retail postpaid phone churn was 1.25 percent.
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Outlook and guidance
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- Total wireless service revenue growth of 2.0 percent to 2.8 percent.
- Adjusted EBITDA growth of 2.5 percent to 3.5 percent.
- Adjusted EPS growth of 1.0 percent to 3.0 percent.
- Cash flow from operations of $37.0 billion to $39.0 billion.
- Free cash flow of $19.5 billion to $20.5 billion.
Verizon Non-GAAP EPS of $1.21 beats by $0.02, revenue of $33.8B misses by $470M
