Verizon collects monthly bills for phone and home internet across the United States. In the third quarter of 2026 its margin improved, but debt rose after buying Frontier and has yet to come back down.
A phone that rings, a video streaming on a train, a blinking router: each needs a network behind it. If you live in the United States, some of yours may run on Verizon's. Verizon sells mobile and home connections for calls and data to households, companies and public bodies. It uses airwaves licensed by the FCC (the federal communications regulator). It earns mainly by charging customers every month to stay connected.
In the third quarter of 2026, monthly mobile and broadband service brought in $23.4 billion, against $5.1 billion from wireless equipment. Individuals and families are the engine, producing most of the group's profit. Three costs decide what remains: the network of airwaves, towers, fiber cables and systems; the promotions and phone offers that win customers; and the overhead of a large organisation. Imagine a customer who stays for years on a full-price plan: network costs spread thinly and few discounts are needed. One won with a generous phone deal who leaves early does the opposite. That is why keeping customers, and paying less to win them, shapes the margin.
Create a free account to unlock the rest of this report and access all published research.
This report is general, non-personalized research provided solely for informational and educational purposes. It is not financial or investment advice, a personalized recommendation, an offer to the public, a solicitation, an instruction to buy, sell or hold a financial instrument, or an invitation to engage in an investment activity. ReasyPort is not an authorised or regulated investment firm and does not provide a MiFID II investment service.
This report is based on primary and public sources identified in the report, including issuer filings, annual and interim reports, regulated announcements, investor-relations materials, market data and, where relevant, institutional macroeconomic publications. Facts should be read separately from interpretations, estimates and opinions.
Text, analyses, summaries, translations and charts may be produced with the support of Artificial Intelligence and are subjected to deterministic data and consistency checks before publication. These controls reduce, but cannot eliminate, errors, omissions or incorrect interpretations. Editorial responsibility for publication remains with the producer identified above.
ReasyPort View labels, fair values, forecasts, scenarios, price references and other forward-looking statements are editorial estimates or opinions, not facts or trading instructions. They depend on the assumptions, methodology, market price and information available on the stated reference date and may change without notice. The report is not monitored or updated in real time.
Any relationship, compensation, material holding or other circumstance known to ReasyPort that could reasonably impair the objectivity of a report must be disclosed with that report. Questions, corrections and potential conflicts may be reported through the legal contact shown above.
Public and primary sources, automated extraction and data providers may contain material errors, omissions, inaccuracies, restatements or delays. Accuracy, completeness and timeliness are therefore not guaranteed, and important information should be checked against the original source before it is used.
To the maximum extent permitted by applicable law, ReasyPort, the author, the publisher and the persons involved in producing the report are not liable for losses arising from decisions made solely in reliance on this report. Nothing in this notice excludes or limits any liability that cannot lawfully be excluded or limited.
Any investment decision should be made independently, if appropriate with the support of a licensed financial adviser. Investments in financial instruments involve risks, including the possible partial or total loss of invested capital.
Research methodology, assumptions and disclosuresMeaning of ReasyPort View