Earnings Call
Apr 27, 2026
Q1 FY2026
EPS Estimate
1.22
EPS Actual
1.28
Post-Earnings Close
$47.09
Earnings Reaction
+1.5%
Verizon's first quarter 2026 results mark a meaningful inflection point in what CEO Dan Schulman has framed as a multi-year turnaround. The headline numbers, adjusted EPS of $1.28, up 7.6% year-over-year, and consolidated adjusted EBITDA of $13.4 billion, a record high with 140 basis points of margin expansion to 38.9%, are striking on their own, but the more consequential story is the operational architecture underneath them. For the first time since 2013, Verizon posted positive postpaid phone net adds in a first quarter, delivering 55,000 net adds against a year-ago comparison that was 344,000 worse. That reversal, combined with consumer postpaid phone churn falling to 90 basis points for the quarter and exiting March below 85 basis points, signals that the company's shift away from blunt promotional spending toward customer lifetime value economics is beginning to compound.
Report generated on Apr 27, 2026
AI-generated earnings analysis. Not investment advice.
Chief Executive Officer
The quarter's results reflected a combination of company-specific execution and broader sector dynamics, with management addressing several of the key debates that analysts had flagged heading into the print. Guidance commentary pointed to continued momentum in the core segments, while questions on margins and capital allocation drew more nuanced responses from the leadership team over the course of the call.
The quarter's results reflected a combination of company-specific execution and broader sector dynamics, with management addressing several of the key debates that analysts had flagged heading into the print. Guidance commentary pointed to continued momentum in the core segments, while questions on margins and capital allocation drew more nuanced responses from the leadership team over the course of the call.
The quarter's results reflected a combination of company-specific execution and broader sector dynamics, with management addressing several of the key debates that analysts had flagged heading into the print. Guidance commentary pointed to continued momentum in the core segments, while questions on margins and capital allocation drew more nuanced responses from the leadership team over the course of the call.
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