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Wireless service — Operating Revenues

Verizon Communications Wireless service — Operating Revenues decreased by 1.7% to $20.6B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.0%, from $20.8B to $20.6B. Over 4 years (FY 2021 to FY 2025), Wireless service — Operating Revenues shows an upward trend with a 5.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2017
Last reportedQ1 2026May 1, 2026
Rolls up toTotal Revenue

How to read this metric

An increase indicates successful subscriber growth, higher average revenue per user, or effective upselling of premium service tiers. A decrease may signal heightened competitive churn, price pressure, or a shrinking subscriber base.

Detailed definition

This metric represents the total revenue generated from recurring wireless service subscriptions, including monthly acce...

Peer comparison

This is a standard industry metric for wireless carriers, directly comparable to service revenue reported by peers like AT&T or T-Mobile, which also distinguish between service and equipment revenue streams.

Metric ID: vz_segment_wireless_service_operating_revenues

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$16.88B$17.08B$17.76B$18.34B$18.42B$18.79B$18.8B$18.89B$19.11B$19.33B$22.2B$20.23B$20.51B$20.6B$20.74B$20.8B$20.95B$21.03B$20.96B$20.6B
QoQ Change+1.2%+4.0%+3.3%+0.4%+2.0%+0.1%+0.5%+1.2%+1.1%+14.9%-8.9%+1.4%+0.4%+0.7%+0.3%+0.7%+0.4%-0.3%-1.7%
YoY Change+9.1%+10.0%+5.9%+3.0%+3.8%+2.9%+18.1%+7.1%+7.3%+6.6%-6.6%+2.8%+2.2%+2.1%+1.1%-1.0%
Range$16.88B$22.2B
CAGR+4.3%
Avg YoY Growth+4.6%
Median YoY Growth+3.4%
Current Streak2 quarters decline

Frequently Asked Questions

What is Verizon Communications's wireless service — operating revenues?
Verizon Communications (VZ) reported wireless service — operating revenues of $20.6B in Q1 2026.
How has Verizon Communications's wireless service — operating revenues changed year-over-year?
Verizon Communications's wireless service — operating revenues decreased by 1.0% year-over-year, from $20.8B to $20.6B.
What is the long-term trend for Verizon Communications's wireless service — operating revenues?
Over 4 years (2021 to 2025), Verizon Communications's wireless service — operating revenues has grown at a 5.2% compound annual growth rate (CAGR), from $68.47B to $83.74B.
What does wireless service — operating revenues mean?
The total recurring revenue earned from providing mobile wireless services to customers.