VERIZON COMMUNICATIONS INC 8-K

What Happened
Verizon Communications Inc. announced in a Form 8‑K filed March 13, 2026 (Item 7.01, Regulation FD Disclosure) that, beginning in the first quarter of 2026, it changed how it reports revenue for its two reportable segments — Verizon Consumer Group and Verizon Business Group. Segment revenue will now be disaggregated by: mobility and broadband service revenue, wireless equipment revenue, and other revenue. Verizon also revised the presentation of certain operating metrics and will disclose operating metrics only on a consolidated basis going forward. The company provided unaudited historical financial and operating information reflecting these presentation changes as Exhibit 99 to the filing.

Key Details

• Effective period: changes apply beginning in Q1 2026 (first quarter of 2026).
• Revenue disaggregation: Consumer and Business revenue will be reported as (1) mobility and broadband service revenue, (2) wireless equipment revenue, and (3) other revenue.
• Operating metrics: going forward, operating metrics will be disclosed only on a consolidated basis (not by the Consumer and Business segments).
• Supplemental material: Verizon attached unaudited historical financial and operating information reflecting the new presentation in Exhibit 99 of the 8‑K.

Why It Matters
This is a reporting and disclosure change that affects how investors see Verizon’s segment revenue and operating metrics. Future quarterly and annual comparisons by segment will follow the new categories, so investors and analysts should use the Exhibit 99 tables to reconcile prior-period figures to the new presentation when assessing trends. The historical information provided is unaudited and intended for convenience; the filing does not state any change to audited financial statements.