Verizon Hits 2025 Financial Targets with Record Quarterly Net Adds Since 2019
Verizon Communications Inc. has announced its impressive financial results for the fourth quarter and full year of 2025. The company reports a significant milestone as it achieved the highest quarterly total mobility and broadband volumes since 2019, reflecting a strategic turnaround championed by CEO Dan Schulman.
Highlights from 2025 Financial Performance
In 2025, Verizon reached earnings per share (EPS) of $4.06. Additionally, the adjusted EPS, excluding special items, stood at $4.71. Total operating revenue increased to $138.2 billion, compared to $134.8 billion in 2024. Key financial figures include:
- Cash flow from operating activities: $37.1 billion
- Free cash flow: $20.1 billion
- Consolidated net income: $17.6 billion
- Consolidated adjusted EBITDA: $50.0 billion
- Capital expenditures: $17.0 billion
Fourth Quarter Achievements
For the fourth quarter of 2025, Verizon reported an EPS of $0.55. The adjusted EPS for this period was $1.09. Notable fourth-quarter metrics included:
- Total operating revenue: $36.4 billion
- Consolidated net income: $2.4 billion
- Consolidated adjusted EBITDA: $11.9 billion
Verizon’s total unsecured debt reached $131.1 billion by the end of the fourth quarter, reflecting a notable increase from $117.9 billion a year prior. The company’s net unsecured debt stood at $110.1 billion, down from $113.7 billion in the previous year.
Growth in Mobility and Broadband
In terms of mobility and broadband, Verizon’s fourth-quarter 2025 results were noteworthy. The company reported:
- Postpaid phone net additions: 616,000, the highest since 2019
- Wireless service revenue: $21.0 billion, up 1.1% year-over-year
- Wireless equipment revenue: $8.2 billion, up 9.1% year-over-year
- Broadband net additions: 372,000
- Fixed wireless access net additions: 319,000
- Fios internet net additions: 67,000, marking the best since 2020
With the acquisition of Frontier, Verizon expanded its fixed wireless access and fiber broadband connections to over 16.3 million.
Strategic Outlook for 2026
Looking ahead, CEO Dan Schulman emphasized the strategic priorities for 2026, focusing on investment in network excellence and customer satisfaction. Upcoming targets include:
- Postpaid phone net additions forecast: 750,000 to 1.0 million
- Mobility and broadband service revenue growth: 2% to 3%, approximately $93 billion
- Adjusted EPS projection: $4.90 to $4.95, marking a year-over-year increase of 4% to 5%
- Cash flow from operations: $37.5 billion to $38.0 billion
- Capital expenditures: $16.0 billion to $16.5 billion
- Free cash flow target: $21.5 billion or more
Verizon’s new agreement with Charter and Comcast enhances its long-term Mobile Virtual Network Operator (MVNO) relationship, positioning the company for profitable growth. As Verizon enters this new phase, it remains committed to customer satisfaction and operational excellence.
For more information regarding Verizon’s financial performance and updates, visit Filmogaz.com.