On October 26, 2026, Verizon Communications Inc. announced its third-quarter 2026 financial results, highlighting significant subscriber additions and an expanded agreement with Amazon Web Services.
Quarterly Financial Performance
Verizon reported total operating revenue of $34.3 billion, up 1.5 percent year-over-year for the third quarter of 2026. Consolidated net income reached $5.3 billion, representing a 5.2 percent increase compared to the same period in 2025.
Consolidated Adjusted EBITDA grew 8.0 percent year-over-year to $13.8 billion, which Verizon noted as the highest quarterly result the company has ever reported. Earnings per share was $1.25, while Adjusted EPS was $1.31, up 8.3 percent year-over-year.
Subscriber Growth and AWS Partnership
Verizon delivered 406,000 postpaid phone net additions during the quarter, marking its strongest third-quarter performance in five years. The company also added 137,000 postpaid net accounts and 314,000 broadband net additions.
Additionally, Verizon and Amazon Web Services expanded their strategic partnership with an agreement valued at over $2.0 billion. The commercial framework aims to scale distributed compute to meet the real-time demands of agentic and generative AI workloads.
Key facts and where they come from
- Verizon reported 406,000 postpaid phone net additions in third-quarter 2026.
Delivered 406,000 postpaid phone net additions, a more than 820.0 percent increase year-over-year, representing the strongest third-quarter performance in five years.
- Verizon and AWS expanded their partnership with a $2 billion-plus agreement for AI infrastructure.
Verizon and Amazon Web Services (AWS) Expand Strategic Partnership with Landmark $2B+ AI Infrastructure Deal
- Consolidated Adjusted EBITDA reached $13.8 billion for the quarter.
Consolidated Adjusted EBITDA1 of $13.8 billion, up 8.0 percent year-over-year, which represents the highest quarterly result the company has ever reported.
