[Update: Verizon has pulled the update twice now and it looks like it is on hold]
Good news this morning for Samsung Galaxy S7 and S7 Edge owners on Verizon, Android Oreo is on its way. The carrier has released the update to Oreo on their network with it rolling out to owners over the course of the next several days. The update for each device is around 1.2GB in size so you will want to make sure you download them via WiFi.
If there is a big disappointment with this update for the S7 lineup on Verizon, it is the Android Security Update patch. The Oreo update is rolling out with the April 2018 update which reflects that Verizon (and likely Samsung) have been working on this update for a while. That puts it several months behind right out of the box from a security perspective so hopefully a subsequent update to address this will be coming soon.
As for features, the big news is the update to Samsung Experience 9, the new user interface for Samsung devices running Android. There are other updates too like dual apps, dual messengers (allowing you to sign into the same app twice) and other Samsung tweaks.
If you have a S7 or S7 Edge and aren’t seeing the update in Settings>Software Update yet, give it a few days. It will take time to get to everyone as Verizon tends to slow roll the first phase of these types of updates to assure all is well before a mass release.