Verizon said Consumer segment operating revenues for the quarter ended March 31, 2025 totaled $25.6 billion, representing an increase of 2.2% compared to the similar period in 2024, while Business segment operating revenues totaled $7.3 billion, representing a decrease of 1.2%.

10-QQuarterly reportFiled Apr 25, 2025Period of report Mar 31, 2025Summary published (UTC) Oct 10, 2026

Key points

AI summary

Verizon said Consumer segment operating revenues for the quarter ended March 31, 2025 totaled $25.6 billion, representing an increase of 2.2% compared to the similar period in 2024, while Business segment operating revenues totaled $7.3 billion, representing a decrease of 1.2%.
The company cited an increase of $407 million in postpaid revenue as a factor in Consumer wireless service revenue growth, driven by pricing actions, higher adoption of perks and premium MyPlan offerings, and a 41% increase in its FWA subscriber base, partially offset by the amortization of wireless equipment sales promotions.
Verizon said capital expenditures, including capitalized software, for the quarter ended March 31, 2025 totaled $4.1 billion, a decrease of approximately $231 million compared to $4.4 billion in the similar period in the prior year, and operating cash flow increased by $698 million.
The company said it used net cash of $5.9 billion in financing activities for the quarter ended March 31, 2025, with cash dividends of $2.9 billion as a principal item, and total debt as of March 31, 2025 was $143.6 billion.

Key figures

Quarter ended March 31, 2025

Revenue: $33.5B
Operating income: $8.0B
Net income: $4.9B
EPS: $1.15
Operating cash flow: $7.8B

From the XBRL financial data filed with the SEC · not processed by AI.

Summary

AI-written

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

Segment revenues: Consumer up, Business down

Verizon said Consumer segment operating revenues for the quarter ended March 31, 2025 totaled $25.6 billion, representing an increase of 2.2% compared to the similar period in 2024, while Business segment operating revenues totaled $7.3 billion, representing a decrease of 1.2%.

Source · Based on the MD&A text of the filing

Consumer wireless service revenue growth drivers

The company cited an increase of $407 million in postpaid revenue as a factor in Consumer wireless service revenue growth, driven by pricing actions, higher adoption of perks and premium MyPlan offerings, and a 41% increase in its FWA subscriber base, partially offset by the amortization of wireless equipment sales promotions.

Source · Based on the MD&A text of the filing

Capital expenditures and operating cash flow

Verizon said capital expenditures, including capitalized software, for the quarter ended March 31, 2025 totaled $4.1 billion, a decrease of approximately $231 million compared to $4.4 billion in the similar period in the prior year, and operating cash flow increased by $698 million.

Source · Based on the MD&A text of the filing

Financing activities and total debt

The company said it used net cash of $5.9 billion in financing activities for the quarter ended March 31, 2025, with cash dividends of $2.9 billion as a principal item, and total debt as of March 31, 2025 was $143.6 billion.

Source · Based on the MD&A text of the filing

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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