FFilingLens
Quarterly TTM Annual
Income Balance Cash flow
8Q

Three-Statement Breakdown

VZ
2026-06-30 · figures in $M

FCF UP

Free cash flow rose 70% to $6.4B, and covered net income 1.68×.

CASH FROM OPS +30.7%
10,435 30.5% MGN
CAPITAL EXPENDITURE -4.6%
4,009
FREE CASH FLOW +69.9%
6,426
FCF / NET INCOME +123.5%
1.68× TARGET >1.0×
Cash flow 24-09 24-12 25-03 25-06 25-09 25-12 26-03 QoQ YoY TTM 8Q
Net income
10-Q
3,306 5,005 4,879 5,003 4,950 2,342 5,045 3,835 -24.0% -23.3% 16,172 2024-09-30 · $3.3B2024-12-31 · $5.0B2025-03-31 · $4.9B2025-06-30 · $5.0B2025-09-30 · $5.0B2025-12-31 · $2.3B2026-03-31 · $5.0B2026-06-30 · $3.8B
Depreciation & amortization
10-Q
4,458 4,506 4,577 4,635 4,618 4,519 4,892 5,008 +2.4% +8.0% 19,037
Cash from operations
9,911 10,432 7,782 8,975 11,266 9,114 7,984 10,435 +30.7% +16.3% 38,799 2024-09-30 · $9.9B2024-12-31 · $10.4B2025-03-31 · $7.8B2025-06-30 · $9.0B2025-09-30 · $11.3B2025-12-31 · $9.1B2026-03-31 · $8.0B2026-06-30 · $10.4B
Cash conversion
3.00× 2.08× 1.59× 1.79× 2.28× 3.89× 1.58× 2.72× +71.9% +51.7% 2.40×
Capital expenditures
(3,948) (5,071) (4,145) (3,808) (4,310) (4,748) (4,201) (4,009) -4.6% +5.3% (17,268)
Free cash flow
5,963 5,361 3,637 5,167 6,956 4,366 3,783 6,426 +69.9% +24.4% 21,531 2024-09-30 · $6.0B2024-12-31 · $5.4B2025-03-31 · $3.6B2025-06-30 · $5.2B2025-09-30 · $7.0B2025-12-31 · $4.4B2026-03-31 · $3.8B2026-06-30 · $6.4B
FCF margin
17.9% 15.0% 10.9% 15.0% 20.6% 12.0% 11.0% 18.8% +70.8% +25.3% 15.5%
Cash from investing
-4,003 -5,561 -3,752 -3,438 -4,490 -4,980 -13,573 -4,927 — — -27,970
Dividends paid
2,801 2,850 2,856 2,856 2,857 2,912 2,910 2,954 +1.5% +3.4% 11,633
Share repurchases
NOT DISCLOSED
— — 0 0 — — 2,500 1,000 -60.0% — —
Debt repayment
10-Q
362 1,502 1,978 2,158 1,398 3,500 712 2,257 3.2× +4.6% 7,867
Cash from financing
-4,415 -5,623 -5,893 -4,378 -2,551 7,209 -5,278 -11,836 — — -12,456
Net change in cash
1,493 -752 -1,863 1,159 4,225 11,343 -10,867 -6,328 — — -1,627
Ending cash balance
4,987 4,194 2,257 3,435 7,706 19,048 8,366 1,752 -79.1% -49.0% 1,752

Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.

SELECTED · FREE CASH FLOW · QoQ BRIDGE
FROM3,783 CASH FROM OPERATIONS+2,451 CAPITAL EXPENDITURES+192 TO6,426
↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM SRC 10-Q FILED 2026-07-31 ↗