Verizon Reports Strong Growth in Q2 2025

Verizon Communications Inc. has announced a significant year-over-year increase in its total operating revenue for the second quarter of fiscal 2025, reaching an impressive $34.5 billion, up by 5.2%.

Financial Highlights

The company's consolidated net income saw a 9% increase, totaling $5.1 billion annually. Diluted earnings per share rose to $1.18 from $1.09 in the same quarter the previous year. Wireless service revenue grew by 2.2% to $20.9 billion, despite a slight decrease in retail postpaid net additions.

Leadership's Perspective

"Our high-quality, industry-leading customer base and disciplined approach have been key to our success," stated Hans Vestberg, Chairman and CEO of Verizon, highlighting the company's strong performance.

Market Response

Following the announcement, Verizon's shares experienced a 4.63% increase in premarket trading, priced at $42.73 each.