Verizon(VZ) - 2025 Q2 - Earnings Call Presentation

Financial Performance - Total revenue increased to $34.5 billion, a 5.2% year-over-year increase[21] - Adjusted EBITDA grew to $12.8 billion, up 4.1% year-over-year, with a margin of 37.1%[6, 21] - Adjusted EPS increased to $1.22, a 6.1% year-over-year increase[21] - First half free cash flow reached $8.8 billion, a 3.6% year-over-year increase[6] Subscriber Growth - Wireless service revenue increased by 2.2% year-over-year[6] - The company surpassed 5 million Fixed Wireless Access subscribers[6] - Wireless retail postpaid phone gross adds were 2.7 million, up 13.8% year-over-year[11] - Consumer wireless retail postpaid phone gross adds were 2.0 million, up 18.9% year-over-year[11] Updated Guidance - The company raised 2025 guidance on Adjusted EBITDA, Adjusted EPS, and free cash flow[6] - Free cash flow guidance was raised to $19.5 billion - $20.5 billion[25]