Filing Flows › Verizon Communications (VZ) › Q3 2026 › vs Q2 2026
Verizon Communications (VZ) Q3 2026 vs Q2 2026 (quarter over quarter)
Verizon Communications's revenue rose $60.0M (+0.2%) from $34.3B in Q2 2026 to $34.3B in Q3 2026. The biggest changes: Wireless equipment +$92.0M (+2%); Service revenues and other −$32.0M (-0.1%). Operating margin 25.2% against 21.0% (+4.3 pts).
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 draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 25.2% | 21.0% | +4.3 pts |
| Net margin | 15.1% | 11.2% | +4.0 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Service revenues and other | $29.2B | $29.2B | −$32.0M | -0.1% |
| Wireless equipment | $5.1B | $5.0B | $92.0M | +2% |
| Revenue | $34.3B | $34.3B | $60.0M | +0.2% |
| Operating profit | $8.7B | $7.2B | $1.5B | +20% |
| Costs & expenses | $25.7B | $27.1B | −$1.4B | -5% |
| Pre-tax earnings | $6.8B | $5.3B | $1.5B | +29% |
| Other expense, net | $1.8B | $1.9B | −$72.0M | -4% |
| SG&A | $7.5B | $9.0B | −$1.5B | -17% |
| Other operating costs | $18.2B | $18.1B | $91.0M | +0.5% |
| Net earnings | $5.2B | $3.8B | $1.4B | +36% |
| Minority interests | $122M | $114M | $8.0M | +7% |
| Income tax | $1.5B | $1.3B | $172M | +13% |
| Depreciation & amortization | $5.1B | $5.0B | $87.0M | +2% |
| Working capital & other | $1.2B | $1.6B | −$368M | -23% |
| Operating cash flow | $11.5B | $10.4B | $1.1B | +10% |
Questions
How much did Verizon Communications's revenue grow quarter over quarter in Q3 2026?
Verizon Communications's revenue rose $60.0M (+0.2%) from $34.3B in Q2 2026 to $34.3B in Q3 2026.
What drove Verizon Communications's revenue change in Q3 2026?
Wireless equipment +$92.0M (+2%); Service revenues and other −$32.0M (-0.1%).