Verizon Communications (VZ) Stock: Strong Q2 Results Fuel Record EBITDA and $4.5B Share Repurchase Plan
TLDR
- Verizon lifts 2026 guidance after strong Q2 subscriber and cash flow growth.
- Record $13.7B adjusted EBITDA drives stronger operating performance in Q2.
- Free cash flow jumps 24.4% as Verizon expands shareholder returns.
- Verizon raises share repurchase target to $4.5B after strong first half.
- Mobility and broadband growth accelerates as Verizon adds over 550K customers.
Verizon Communications (VZ) reported stronger second-quarter 2026 operating performance while raising its full-year financial guidance. The company also increased its share repurchase target to $4.5 billion after delivering record adjusted EBITDA. However, Verizon stock closed at $43.82, down 1.06%, before slipping another 0.96% to $43.40 in pre-market trading.
Verizon Communications Inc., VZ
Mobility and broadband growth strengthens Verizon performance
Verizon expanded its mobility and broadband business during the second quarter through steady customer additions and stronger service revenue. Mobility and broadband service revenue increased 2.8% year over year to about $23.4 billion. The company expects growth to approach 3.0% during the third quarter and about 4.0% during the fourth quarter.
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