Verizon reported fourth-quarter adjusted earnings per share of $1.09, outpacing analyst forecasts of $1.06, and delivered revenue of $36.4 billion versus expectations of $36.1 billion. The company achieved its highest quarterly total mobility and broadband volumes since 2019, adding 616,000 postpaid phone customers. Wireless service revenue grew 1.1% year-over-year to $21.0 billion, while wireless equipment revenue jumped 9.1% to $8.2 billion. Broadband additions totaled 372,000, split between 319,000 fixed wireless access and 67,000 Fios Internet customers, underscoring the strength of Verizon’s network investments.

Verizon reiterated its forecast for free cash flow to climb to $21.5 billion in 2026, a level that supports ongoing capital expenditures and dividend commitments. The company projected adjusted earnings per share in a range of $4.90 to $4.95, well above consensus expectations of $4.76. Management also targets total retail postpaid phone net additions between 750,000 and 1.0 million and anticipates service revenue growth of 2.0% to 3.0% in mobility and broadband, signaling confidence in both consumer and enterprise demand.

Verizon’s latest earnings release highlighted renewed wireless momentum as the company is successfully winning back customers from key competitors. Management attributed this recovery to enhanced promotions, network performance improvements and expanded device offerings. The firm’s commitment to densifying its 5G footprint and accelerating fiber rollouts has driven churn down and average revenue per user modestly higher, reinforcing investor optimism about long-term revenue stability and shareholder returns.