Verizon Communications (VZ) delivered mixed results in Q2 FY2026 on revenue of $34.3B versus the $35.2B estimate (-0.7% YoY) and EPS of $1.30. The next Verizon Communications (VZ) earnings date is Oct 20, 2026. Below is the full Verizon Communications earnings breakdown — the risk-adjusted verdict, price forecast, technicals, options and hedge-fund 13F holdings, decoded in plain English.
$34.3B (vs $35.2B est · -2.6% surprise · -0.7% YoY)
EPS
$1.30 (vs $1.27 est · +2.4% surprise · -22.0% YoY)
Share price
$48.48 (+0.5%)
Market cap
$202.4B
Verizon Communications (VZ) Earnings Analysis — beat / miss history
Quarter
Revenue
EPS
EPS surprise
Next-day move
Verdict
Q3 FY2026
$34.3B vs $35.2B est
$1.30 vs $1.27 est
+2.4%
+8.0%
Mixed
Q2 FY2026
$34.3B vs $34.8B est
$1.28 vs $1.22 est
+4.9%
+1.9%
Mixed
Q1 FY2026
$36.4B vs $36.1B est
$1.09 vs $1.05 est
+3.8%
+12.1%
Mixed
Q4 FY2025
$33.8B vs $34.3B est
$1.21 vs $1.19 est
+1.7%
-0.9%
In line
Q3 FY2025
$34.5B vs $33.7B est
$1.22 vs $1.19 est
+2.5%
+5.2%
Beat
Q2 FY2025
$33.5B vs $33.3B est
$1.19 vs $1.15 est
+3.5%
-0.6%
Mixed
Q1 FY2025
$35.7B vs $35.3B est
$1.10 vs $1.11 est
-0.9%
+3.7%
In line
Q4 FY2024
$33.3B vs $33.4B est
$1.19 vs $1.18 est
+0.8%
-1.9%
In line
Top institutional holders
Holder
% outstanding
Shares
Value
QoQ change
Blackrock, INC.
9.5%
398.2M
$16.9B
+8.2%
Vanguard Capital Management LLC
6.2%
259.0M
$11.0B
-0.5%
State Street Corp
5.0%
209.7M
$8.9B
-2.4%
Sixth Street Partners Management Company, L.P.
3.0%
127.8M
$5.4B
+100.0%
Charles Schwab Investment Management INC
3.0%
127.8M
$5.4B
+13.1%
Geode Capital Management, LLC
2.5%
106.8M
$4.5B
+0.6%
Undisclosed filer
1.8%
77.4M
$3.3B
+0.8%
Morgan Stanley
1.7%
70.3M
$3.0B
-5.1%
Bank Of America Corp /De/
1.4%
60.9M
$2.6B
-2.0%
Norges Bank
1.3%
54.3M
$2.3B
+100.0%
Recent insider transactions
Insider
Role
Date
Type
Shares
Value
Russo Joseph J.
officer: EVP&Pres-Global Networks&Tech
2026-08-13
Buy
80
—
Villanueva Rodriguez Alfonso
officer: EVP and Group CEO-VZ Consumer
2026-08-13
Buy
126
—
Venkatesh Vandana
officer: EVP and Chief Legal Officer
2026-08-13
Buy
93
—
Stillwell Mary-Lee
officer: SVP and Controller
2026-08-13
Buy
42
—
Skiadas Anthony T
officer: EVP and CFO
2026-08-13
Buy
126
—
Malady Kyle
officer: EVP and Group CEO-VZ Business
2026-08-13
Buy
126
—
SCHULMAN DANIEL H
director, officer: CEO
2026-08-13
Buy
193
—
Villanueva Rodriguez Alfonso
officer: EVP and Group CEO-VZ Consumer
2026-07-30
Buy
79
—
What you'll find
Next Verizon Communications (VZ) earnings date, the expected move and the estimates priced in
A clear Beat / Miss / In-line / Mixed verdict the moment Verizon Communications reports
Revenue & EPS versus estimates, guidance and segment trends
Multi-lens price forecast — analyst, quant, technical and options views
Deep research: red flags, risk decoder and earnings-call sentiment
Technicals, options / implied volatility and unusual-activity signals
Hedge-fund and legendary-investor 13F holdings in Verizon Communications (VZ)
Side-by-side peer and historical earnings comparison
Frequently asked questions
When is Verizon Communications's next earnings date?
Verizon Communications's (VZ) next scheduled earnings date is Oct 20, 2026. Magnisto shows the confirmed date, the options-implied expected move and the revenue and EPS estimates Wall Street is modeling into the report.
Did Verizon Communications (VZ) beat or miss earnings?
In Q2 FY2026, Verizon Communications (VZ) posted mixed results — revenue of $34.3B versus the $35.2B estimate (-2.6% surprise) and EPS of $1.30 versus $1.27 expected (+2.4% surprise). Magnisto decodes every Verizon Communications (VZ) report into a clear Beat, Miss, In-line or Mixed verdict and checks whether guidance was raised, held or cut.
How often does Verizon Communications beat earnings estimates?
Over its last 8 reported quarters, Verizon Communications (VZ) beat Wall Street EPS estimates 5 times, most recently a mixed result in Q3 FY2026. Magnisto tracks every Verizon Communications (VZ) quarter's revenue and EPS versus consensus and grades each one Beat, Miss, In-line or Mixed at a unified ±2% threshold.
How much does Verizon Communications stock move after earnings?
Over its last 8 quarterly reports, Verizon Communications (VZ) moved an average of ±4.3% the day after earnings — ranging from -1.9% (Q4 FY2024) to +12.1% (Q1 FY2026). The stock rose after 5 of those 8 reports and fell after 3. Heading into its next report on Oct 20, 2026, options-implied volatility is pricing in a move of roughly ±12.7% (derived). Magnisto tracks the realized post-earnings move for every Verizon Communications (VZ) quarter alongside the beat/miss verdict — past moves don't predict the next one.
Who are the largest shareholders of Verizon Communications?
Institutions hold about 54.1% of Verizon Communications's (VZ) shares outstanding as of the 2026-06-30 13F quarter. Its largest institutional holders include Blackrock, INC. (9.5%), Vanguard Capital Management LLC (6.2%), State Street Corp (5.0%). Magnisto lists Verizon Communications's (VZ) top 13F holders with each stake size and its quarter-over-quarter change.
Are insiders buying or selling Verizon Communications (VZ)?
In the most recent Form 4 filings Magnisto tracks, Verizon Communications (VZ) insiders recorded 12 purchases and 0 sales — net buying. Insider transactions are one signal among many and are often routine (option exercises or scheduled 10b5-1 sales), so Magnisto shows the raw feed for you to judge.
What is the forecast for Verizon Communications (VZ) stock?
Magnisto blends analyst price targets, quantitative research, technical trend and options-implied moves into a scenario range for Verizon Communications (VZ), anchored to the current $48.48 share price, so you can weigh the bull, base and bear cases for Verizon Communications side by side.
Is Verizon Communications (VZ) a buy right now?
Magnisto does not give buy or sell tips. It gives you the institutional-grade evidence — the verdict, valuation, risks, technicals and hedge-fund 13F flows — so you can decide whether Verizon Communications fits your own thesis and risk profile. This is research, not investment advice.