Earnings
Verizon raises full-year guidance and expands 2026 buyback target
Verizon reported 184,000 postpaid phone net additions, record adjusted EBITDA of $13.7 billion and adjusted earnings per share of $1.30. The company raised its full-year earnings, service-revenue and cash-flow guidance and increased its 2026 share-repurchase target to as much as $4.5 billion.
AS1 News
Verizon Communications raised its full-year outlook after reporting stronger second-quarter operating and financial results.
The U.S. telecom company recorded 184,000 postpaid phone net additions, record adjusted EBITDA of $13.7 billion and adjusted earnings per share of $1.30. Verizon also increased its full-year guidance for earnings, service revenue and cash flow.
Alongside the guidance changes, Verizon expanded its 2026 share-repurchase target to as much as $4.5 billion. The larger authorization adds a potential direct return of capital for shareholders while signaling confidence in cash generation.
The results matter for the telecom sector because subscriber momentum, service-revenue growth and cash flow are central measures of operating performance. Verizon’s postpaid phone additions indicate improving customer momentum, while record adjusted EBITDA and higher cash-flow guidance strengthen the company’s capacity to fund business needs and shareholder returns.
The reported quarterly figures, guidance increases and expanded repurchase target are confirmed by Verizon’s earnings materials. The eventual full-year results remain uncertain, and the phrase “as much as $4.5 billion” means the final amount of shares repurchased could be lower than the stated ceiling.
The update points to improving subscriber momentum and cash generation at a major U.S. telecom operator. Higher guidance and a larger potential buyback are positive catalysts for Verizon shareholders and may support sentiment toward the telecom sector.