Verizon Communications Inc. (NYSE:VZ) stock gained on Friday after the company reported upbeat fourth-quarter financial results and 2026 guidance.
The company reported quarterly revenue growth of 2.0% year-over-year (Y/Y), reaching $36.40 billion, which beat the analyst consensus estimate of $36.06 billion.
Adjusted EPS of $1.09 topped the analyst consensus estimate of $1.05.
Verizon reported total postpaid phone net additions of 616,000, up from 504,000 a year ago, marking the best quarter of postpaid phone net additions since 2019.
Broadband
Verizon reported 372,000 broadband net additions in the quarter.
Total fixed wireless access net additions were 319,000 in the quarter, bringing the base to over 5.7 million fixed wireless access subscribers.
The company delivered 67,000 Fios internet net additions in the quarter.
Total broadband connections grew to over 16.3 million as of the end of the quarter upon the closing of the Frontier acquisition.
In the fourth quarter of 2025, wireless service revenue reached $21.0 billion, representing a year-over-year increase of 1.1%.
Consumer Segment
Total quarterly Verizon Consumer revenue was $28.44 billion, up by 3.2% Y/Y, reporting 551,000 wireless retail postpaid phone net additions for the quarter, up from 367,000 postpaid phone net additions Y/Y.
Consumer wireless service revenue for the quarter reached $17.37 billion, up 1.2% Y/Y.
Consumer wireless retail postpaid churn was 1.21%, and …