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Verizon Communications Inc

VZNYSETelephone Communications (No Radiotelephone)Fiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 29, 2026Score 11/3021% below fair value
$45.05+0.32 (+0.72%)

Close on Nov 2, 2026Market cap $187.17BP/E 11.5Yield 6.07%

Verizon Communications Business Wireless Retail Postpaid Upgrade Rate by Quarter

Business Wireless Retail Postpaid Upgrade Rate (%) (Pre-2026 Segment Reporting) (%)

Verizon Communications Business Wireless Retail Postpaid Upgrade Rate: 2.6% in Q4 2025, down 0.2 pts from a year earlier.

Latest, Q4 2025
2.6%
Period ended Dec 31, 2025
Change on a year earlier
-0.2 pts
2.8% in Q4 2024
History
31 quarters
Since Q2 2018
Sources
24
Documents cited below

Where the Q4 2025 figure comes from

“Wireless retail postpaid upgrade rate 2.5 % 2.4 % 2.5 % 2.8 % 2.2 % 2.3 % 2.3 % 2.6 %”

Source: Verizon 4Q 2025 Financial & Operating Information PDF ↗

Reported in Verizon Form 8-K (EX-99) & Financial and Operating Information (FOI).

Quarterly history

Hover a value to see the sentence it was read from; calculated values show their formula

PeriodEndedBusiness Wireless Retail Postpaid Upgrade Rate (%) (Pre-2026 Segment Reporting) (%)Year on yearSource
Q4 2025Dec 31, 20252.6%-0.2 ptsVerizon 4Q 2025 Financial & Operating Information PDF ↗
Q3 2025Sep 30, 20252.3%-0.2 ptsVerizon 4Q 2025 Financial & Operating Information PDF ↗
Q2 2025Jun 30, 20252.3%-0.1 ptsVerizon 4Q 2025 Financial & Operating Information PDF ↗
Q1 2025Mar 31, 20252.2%-0.3 ptsVerizon 4Q 2025 Financial & Operating Information PDF ↗
Q4 2024Dec 31, 20242.8%-0.3 ptsVerizon 4Q 2025 Financial & Operating Information PDF ↗
Q3 2024Sep 30, 20242.5%-0.4 ptsVerizon 4Q 2025 Financial & Operating Information PDF ↗
Q2 2024Jun 30, 20242.4%-0.3 ptsVerizon 4Q 2025 Financial & Operating Information PDF ↗
Q1 2024Mar 31, 20242.5%-0.3 ptsVerizon 4Q 2025 Financial & Operating Information PDF ↗
Q4 2023Dec 31, 20233.1%-0.5 ptsForm 8-K EX-99 (0000732712-25-000003, filed 2025-01-24) ↗
Q3 2023Sep 30, 20232.9%-0.4 ptsForm 8-K EX-99 (0000732712-24-000062, filed 2024-10-22) ↗
Q2 2023Jun 30, 20232.7%-0.4 ptsForm 8-K EX-99 (0000732712-24-000049, filed 2024-07-22) ↗
Q1 2023Mar 31, 20232.8%-0.6 ptsForm 8-K EX-99 (0000732712-24-000025, filed 2024-04-22) ↗
Q4 2022Dec 31, 20223.6%+0.2 ptsForm 8-K EX-99 (0000732712-24-000007, filed 2024-01-23) ↗
Q3 2022Sep 30, 20223.3%+0.1 ptsForm 8-K EX-99 (0000732712-23-000060, filed 2023-10-24) ↗
Q2 2022Jun 30, 20223.1%-0.3 ptsForm 8-K EX-99 (0000732712-23-000051, filed 2023-07-25) ↗
Q1 2022Mar 31, 20223.4%+0.1 ptsForm 8-K EX-99 (0000732712-23-000026, filed 2023-04-25) ↗

Cite this data

StockData. (2026). Verizon Communications Business Wireless Retail Postpaid Upgrade Rate (%), quarterly Q2 2018–Q4 2025 [Data set]. Compiled from Verizon Communications SEC filings and investor materials. https://stockdatahq.com/stocks/vz/kpis/vz-bus-upgrade-rate-pct-leg

See every metric in the Verizon Communications KPI table. Data updated Oct 25, 2026.