Selected Historical Financial and Operating Information
Consumer - Selected Financial Results
(dollars in millions)
3 Mos. Ended
3 Mos. Ended
3 Mos. Ended
3 Mos. Ended
12 Mos. Ended
Unaudited
3/31/25
6/30/25
9/30/25
12/31/25
12/31/25
Operating Revenues
Mobility and broadband service(1)
$
18,801
$
19,002
$
19,096
$
19,024
$
75,923
Wireless equipment
4,532
5,369
4,766
7,112
21,779
Other(2)
2,285
2,277
2,243
2,300
9,105
Total Operating Revenues
$
25,618
$
26,648
$
26,105
$
28,436
$
106,807
Footnotes:
(1) Mobility and broadband service revenue primarily includes revenue from mobility communication services, fixed wireless access (FWA) broadband, Fios internet and other fiber-based services.
(2) Other revenue primarily includes revenue from wireline products that provide legacy voice, video and data solutions, as well as broadband solutions over a traditional copper-based network. Other revenue also includes fees that partially recover the direct and indirect costs of complying with regulatory and industry obligations and programs, leasing and interest recognized when equipment is sold to the customer by an authorized agent under a device payment plan agreement.
Certain intersegment transactions with corporate entities have not been eliminated.
Verizon Communications Inc.
Business - Selected Financial Results
(dollars in millions)
3 Mos. Ended
3 Mos. Ended
3 Mos. Ended
3 Mos. Ended
12 Mos. Ended
Unaudited
3/31/25
6/30/25
9/30/25
12/31/25
12/31/25
Operating Revenues
Mobility and broadband service(1)
$
3,717
$
3,733
$
3,743
$
3,747
$
14,940
Wireless equipment
866
886
853
1,087
3,692
Other(2)
2,703
2,656
2,546
2,532
10,437
Total Operating Revenues
$
7,286
$
7,275
$
7,142
$
7,366
$
29,069
Footnotes:
(1) Mobility and broadband service revenue primarily includes revenue from mobility communication services, FWA broadband, Fios internet and other fiber-based services.
(2) Other revenue primarily includes revenue from wireline products that provide legacy voice, video and data solutions, as well as broadband solutions over a traditional copper-based network. Other revenue also includes fees that partially recover the direct and indirect costs of complying with regulatory and industry obligations and programs, leasing and interest recognized when equipment is sold to the customer by an authorized agent under a device payment plan agreement.
Certain intersegment transactions with corporate entities have not been eliminated.
Verizon Communications Inc.
Total Operating Statistics
Unaudited
3/31/25
6/30/25
9/30/25
12/31/25
Connections (‘000):
Wireless retail
145,974
146,136
146,119
146,930
Wireless retail postpaid
125,744
125,895
125,913
126,705
Wireless retail postpaid phone
93,214
93,207
93,246
93,868
Wireless retail core prepaid(1)
18,977
19,017
19,062
19,169
Fiber broadband
7,581
7,613
7,674
7,741
FWA broadband
4,845
5,112
5,391
5,727
Total broadband(2)
12,426
12,725
13,065
13,468
3 Mos. Ended
3 Mos. Ended
3 Mos. Ended
3 Mos. Ended
12 Mos. Ended
Unaudited
3/31/25
6/30/25
9/30/25
12/31/25
12/31/25
Net Additions (‘000):
Wireless retail
(65)
177
2
851
965
Wireless retail postpaid
(159)
155
36
829
861
Wireless retail postpaid phone
(289)
(9)
44
616
362
Wireless retail core prepaid(1)
137
50
47
109
343
Fiber broadband
45
32
61
67
205
FWA broadband
308
278
261
319
1,166
Total broadband(2)
353
310
322
386
1,371
Account Statistics:
Wireless retail postpaid ARPA(3)
$
169.81
$
170.79
$
171.27
$
170.61
$
170.62
Wireless retail core prepaid ARPU(4)
$
31.92
$
32.56
$
32.70
$
32.90
$
32.52
Churn Rate:
Wireless retail postpaid phone
0.95
%
0.97
%
0.98
%
1.02
%
0.98
%
Wireless retail core prepaid(1)
3.47
%
3.60
%
3.73
%
3.73
%
3.63
%
Wireless Retail Postpaid Connection Statistics:
Upgrade rate
2.8
%
3.6
%
3.3
%
4.4
%
Footnotes:
(1) Represents total prepaid results excluding our SafeLink brand.
(2) Total broadband excludes solutions provided over a traditional copper-based network.
(3) Wireless retail postpaid ARPA - average service revenue per account from retail postpaid accounts.
(4) Wireless retail core prepaid ARPU - average service revenue per unit from retail prepaid connections excluding our SafeLink brand.
Where applicable, the operating results reflect certain adjustments, including those related to the reclassification of connections associated with Verizon’s second number offering, migration activity among different types of devices and plans, customer profile changes, and adjustments in connection with mergers, acquisitions and divestitures. Where applicable, historical results have been recast to conform to the current period presentation.