Verizon (VZ) Q2 2025 Earnings Call Transcript

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Verizon Communications' (NYSE:VZ) call signaled raised full-year 2025 targets for adjusted EBITDA, adjusted EPS, and free cash flow, supported by record-level profitability, cost efficiency gains, and substantial progress in wireless and broadband subscriber growth. Robust cash generation—amplified by benefits from tax reform—allows for continued debt reduction and capital investment without altering established allocation priorities. The company's infrastructure build, particularly C-band and fiber, is progressing ahead of schedule and supports ongoing market share gains, while customer-facing initiatives like the Best Value guarantee and AI-enabled support are being scaled to drive retention and revenue per account.

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