Filing Flows › Verizon Communications (VZ) › Guidance history
Verizon Communications (VZ) guidance history: what it guided and what it reported
Verizon Communications gave guidance in 7 earnings releases on file since Jan 24, 2025. Its releases raised guidance 3 times and lowered it 0 times.
Operating cash flow
The GAAP figure from the filings is shown for each period reported; it is not judged against the guide, which may leave items out (one-off payments, acquisitions).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $37.5B–$38.0B (Jan 30, 2026) → reaffirmed $37.5B–$38.0B (Apr 27, 2026) | — | to be reported | — |
| FY2025 | $2.0B (Jan 24, 2025) → raised $35.0B–$37.0B (Apr 22, 2025) → raised $37.0B–$39.0B (Oct 29, 2025) | $37.1B (GAAP) | not judged | — |
Capital expenditures
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $16.0B–$16.5B (Jan 30, 2026) → reaffirmed $16.0B–$16.5B (Apr 27, 2026) → reaffirmed $16.0B–$16.5B (Jul 24, 2026) | — | to be reported | — |
| FY2025 | $17.5B–$18.5B (Jan 24, 2025) → reaffirmed $17.5B–$18.5B (Apr 22, 2025) → reaffirmed $17.5B–$18.5B (Oct 29, 2025) | — | — | — |
Free cash flow
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $12.0M (Jan 30, 2026) → reaffirmed $12.0M (Apr 27, 2026) | — | to be reported | — |
| FY2025 | $17.5B–$18.5B (Jan 24, 2025) → reaffirmed $17.5B–$18.5B (Apr 22, 2025) → raised $19.5B–$20.5B (Oct 29, 2025) | — | — | — |
Adjusted EPS
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $4.90–$4.95 (Jan 30, 2026) → raised $4.95–$4.99 (Apr 27, 2026) → raised $4.99–$5.04 (Jul 24, 2026) | — | to be reported | — |
| FY2025 | $1.00 (Jan 24, 2025) → raised $3.00 (Apr 22, 2025) → lowered $2.00 (Oct 29, 2025) | — | — | — |
The latest quarter
Verizon Communications, Q3 2026: revenue $34.3B (+2% year over year), operating margin 25.2%, net earnings $5.2B, operating cash flow $11.5B. The chart follows the revenue to costs, profit and cash.
Questions
Does Verizon Communications beat its guidance?
Verizon Communications gave guidance in 7 earnings releases on file since Jan 24, 2025. Its releases raised guidance 3 times and lowered it 0 times.
How often does Verizon Communications raise guidance?
Its earnings releases raised guidance 3 times and lowered it 0 times since Jan 24, 2025.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.