After being released on Monday for the unlocked variants, the Android Nougat 7.1.2 update for the Google Pixel and Pixel XL on Verizon has now been released. The build for the Verizon Pixels is NHG47K, slightly different than the release for the unlocked devices. That build was N2G47E. The update is under 500MB in size but it is a good idea to download via Wi-Fi for speed and data plan savings. Once downloaded, the update will take about 15 minutes to install and your phone will reboot once it is completed.
Th update for the Verizon variants contain the same updates as the unlocked versions of the Pixel and Pixel XL. This includes improvements around Bluetooth and Wi-Fi, backup improvements to restore data from 1st-party apps like Calendar, and the April 2017 Android Security Patch.