Verizon Communications Inc. reported fourth-quarter 2025 operating revenue of $36.4 billion and adjusted earnings per share of $1.09, citing stronger-than-expected postpaid phone subscriber additions in the period. The company announced the results in its January 30, 2026 earnings release and related investor materials.
Key insights
- Verizon reported Q4 2025 operating revenue of $36.4 billion and adjusted EPS of $1.09.
- The company added 616,000 net postpaid phone subscribers in Q4 2025, a figure Verizon disclosed in its earnings materials and confirmed in media reporting.
- Dan Schulman is the company’s chief executive officer following a board appointment announced in October 2025.
- Verizon and Frontier Communications received required regulatory approvals to complete their transaction, enabling closing steps in January 2026.
- Following a widespread service outage on January 14, 2026, Verizon offered a one-time $20 account credit to affected customers and published instructions for redemption.
Earnings and subscriber performance
Verizon’s January 30, 2026 financial release lists consolidated operating revenue of $36.4 billion for fourth-quarter 2025 and reports consolidated net income and adjusted EBITDA figures in the company’s published results. The company disclosed adjusted EPS of $1.09 excluding special items.
Verizon reported a net addition of 616,000 postpaid phone subscribers in the quarter. The company also disclosed gains in fixed-wireless and broadband connections as part of its quarterly results. Media reports and the company’s investor materials highlighted the subscriber growth as a prominent metric in the release.
Leadership and corporate governance
Verizon’s board appointed Dan Schulman as chief executive officer in October 2025; the company’s official announcement and corporate leadership materials identify Schulman as CEO and note related board changes. The transition and leadership remarks were included in Verizon’s communications to investors and the press.
Frontier transaction and regulatory approvals
Verizon and Frontier Communications announced that they had received the regulatory approvals required to complete their planned transaction, with filings and company statements noting receipt of approvals and the timing to progress toward closing. Verizon’s investor news referenced the regulatory clearance and the companies’ statements on integration planning.
January outage and customer credit
On January 14, 2026, Verizon confirmed a widespread network outage affecting voice, text and data services for many customers and later stated the issue had been resolved. In an official update, Verizon offered a one-time $20 account credit to customers affected by the outage and provided redemption instructions through the MyVerizon app and other customer channels. Coverage of the outage and the credit redemption process was reported by multiple outlets and Verizon’s own newsroom.
Dividends and shareholder returns
Verizon has continued its quarterly dividend program and publicly posted dividend history and upcoming payment dates in its investor materials. Public dividend trackers and Verizon’s investor pages list the most recent declared quarterly dividend and related ex-dividend and pay dates, including a scheduled payment in early February 2026 for the most recently declared dividend. Readers should consult Verizon’s investor relations page or official filings for the most current dividend record and exact dates.
Background and context
Verizon’s fourth-quarter results and the recent corporate developments take place against a broader industry backdrop that has seen consolidation, network investment, and leadership changes at major U.S. carriers. Verizon’s investor disclosures and regulatory filings provide the primary record for the company’s financial performance, governance actions and transactional approvals cited in this article.
Current status
As reported by Verizon on January 30, 2026, the company posted Q4 2025 operating revenue of $36.4 billion and adjusted EPS of $1.09; it disclosed 616,000 net postpaid phone additions for the quarter. Dan Schulman is identified as Verizon’s CEO following the board appointment in October 2025. Regulatory approvals required for the company’s transaction with Frontier Communications were reported to have been received, and Verizon issued a one-time $20 account credit to customers affected by the January 14 outage. For full details, readers should refer to Verizon’s official earnings release, investor relations materials and SEC filings.
