Total operating revenues reached $34.44 billion, up from $33.49 billion in Q1 2025. Net income attributable to Verizon was $5.05 billion, compared to $4.88 billion in the prior year period. Diluted earnings per share (EPS) were $1.20, up from $1.15 in Q1 2025. The company completed the acquisition of Frontier Communications on January 20, 2026, for approximately $9.8 billion in cash and assumed debt. Capital expenditures for the quarter were $4.2 billion, with full-year guidance maintained at $16.0 billion to $16.5 billion.