Verizon’s 1Q26 Highlights

Verizon Communications released results for the first quarter of 2026. Key highlights include: 

• Mobility and broadband service revenue reached approximately $22.9 billion, representing a 1.6 percent increase year-over-year. The company's first-quarter revenue result includes an 80 basis point impact to wireless service revenue growth due to the January network outage. In March, mobility and broadband service revenue grew in the middle of the 2.0 percent to 3.0 percent guidance range.
• Wireless equipment revenue was $5.7 billion, up 5.2 percent year-over-year.
• In first-quarter 2026, Verizon reported total postpaid phone net additions of 55,000, the first time the company generated positive first-quarter total postpaid phone net additions since 2013. The year-over-year improvement of over 340,000 was driven in part by a higher mix of new to Verizon gross additions.
• Total core prepaid net additions were 115,000, representing seven consecutive quarters of growth. Verizon delivered 341,000 broadband net additions in first-quarter 2026. This includes total fixed wireless access net additions of 214,000 and 127,000 fiber broadband net additions.
• Verizon now has approximately 16.8 million fixed wireless access and fiber broadband connections.