FFilingLens
Quarterly TTM Annual
Income Balance Cash flow
8P

Three-Statement Breakdown

VZ
2026-06-30 · figures in $M

FCF UP

Free cash flow rose 6.2% to $21.5B — the highest of its last 8 readings, and covered net income 1.33×.

CASH FROM OPS +3.9%
38,799 27.9% MGN
CAPITAL EXPENDITURE +1.2%
17,268
FREE CASH FLOW +6.2%
21,531
FCF / NET INCOME +13.9%
1.33× TARGET >1.0×
Cash flow TTM 24-09 TTM 24-12 TTM 25-03 TTM 25-06 TTM 25-09 TTM 25-12 TTM 26-03 vs prior TTM YoY TTM 8Q
Net income
10-Q
9,796 17,506 17,783 18,193 19,837 17,174 17,340 16,172 -6.7% -11.1% 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
17,902 17,892 18,024 18,176 18,336 18,349 18,664 19,037 +2.0% +4.7% 19,037
Cash from operations
35,157 36,912 37,610 37,100 38,455 37,137 37,339 38,799 +3.9% +4.6% 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
3.59× 2.11× 2.11× 2.04× 1.94× 2.16× 2.15× 2.40× +11.4% +17.6% 2.40×
Capital expenditures
(16,622) (17,090) (16,859) (16,972) (17,334) (17,011) (17,067) (17,268) +1.2% +1.7% (17,268)
Free cash flow
18,535 19,822 20,751 20,128 21,121 20,126 20,272 21,531 +6.2% +7.0% 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
13.8% 14.7% 15.3% 14.7% 15.4% 14.6% 14.6% 15.5% +6.4% +5.5% 15.5%
Cash from investing
-20,937 -18,674 -17,181 -16,754 -17,241 -16,660 -26,481 -27,970 — — -27,970
Dividends paid
11,193 11,249 11,309 11,363 11,419 11,481 11,535 11,633 +0.8% +2.4% 11,633
Debt repayment
10-Q
3,358 4,688 4,638 6,000 7,036 9,034 7,768 7,867 +1.3% +31.1% 7,867
Cash from financing
-14,493 -17,100 -21,565 -20,309 -18,445 -5,613 -4,998 -12,456 — — -12,456
Net change in cash
-273 1,138 -1,136 37 2,769 14,864 5,860 -1,627 — — -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
FROM20,272 CASH FROM OPERATIONS+1,460 CAPITAL EXPENDITURES-201 TO21,531
↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM SRC 10-Q FILED 2026-07-31 ↗