Verizon Reports Revenue Growth and Strategic Initiatives in Q2 2025
Verizon achieved strong results in the second quarter of 2025, demonstrating solid revenue growth and increased performance metrics. The telecom company attributed its success to the growth in wireless and broadband sectors, cost efficiency, and enhanced customer retention in markets with advanced C-band deployment.
Total revenue for the quarter stood at $34.5 billion, showing a 5.2% increase compared to the previous year. Adjusted EBITDA reached $12.8 billion, marking a 4.1% rise from the prior year. Notably, the free cash flow for the first half of 2025 reached $8.8 billion, a 3.6% year-over-year growth. This positive performance led Verizon to revise its full-year free cash flow guidance to a range of $19.5 billion to $20.5 billion, up from the previous range of $17.5–18.5 billion.
Verizon CEO Hans Vestberg expressed satisfaction with the company’s first-half performance, particularly highlighting a strong second quarter. The wireless service revenue saw a 2.2% year-over-year increase, reaching $20.9 billion. Despite facing a loss of 9,000 postpaid phone subscribers, Verizon observed significant growth in prepaid services, gaining 50,000 customers following a prior loss of 12,000 subscribers.
In the broadband sector, Verizon recorded a total of 293,000 net additions, including 278,000 fixed wireless access (FWA) subscribers. The FWA customer base exceeded 5 million, emphasizing the company’s progress towards its goal of achieving 8-9 million subscribers by 2028. Equipment revenue also surged by 25% year-over-year to $6.3 billion, driven by robust device sales and promotional activities.
The Verizon Business division witnessed a decline in total revenue to $7.3 billion, down 0.3% year-over-year. However, business wireless services revenue increased by 1.6% to $3.6 billion. Of significance, the operating income for Verizon Business surged by 27.6% year-over-year to $638 million, supported by customer base expansion and enhanced profitability.
Verizon highlighted its network improvements and digital transformation efforts, with a focus on accelerating C-band deployment to enhance customer retention and drive growth. The company’s CFO Tony Skiadas mentioned that the C-band deployment progress is ahead of schedule, expecting to reach 80% to 90% completion within the year. Additionally, Verizon is leveraging AI to enhance customer service, reduce churn rates, and improve overall customer experience. The converging efforts of AI and digital transformation are set to lower mobility churn and drive operational efficiency.
With a strong presence in wireless, broadband, and business services, Verizon is dedicated to long-term growth through advanced network capabilities and new enterprise opportunities. Committing to expanding wireless service revenue, increasing adjusted EBITDA, and generating substantial free cash flow, Verizon focuses on scaling its next-gen platforms to tap into emerging business domains like private networks and AI integration.
Despite facing competitive pressures on subscriber metrics, Verizon remains optimistic due to its strategic focus on broadband expansion, stringent cost management, and high-margin business services. The company’s forward-looking strategy aims to capitalize on market opportunities and sustain growth momentum.
For further details on Verizon’s Q1 2025 results, refer to this article.