OpenNashEarnings

Telecom · NYSE: T

AT&T earnings: results, call transcripts & KPI history

2 quarters · fiscal year ends December · next results expected around 27 Jan 2027

Investor relations ↗SEC filings ↗KPIs as CSV

Latest: Q3 2026

AT&T reported third-quarter 2026 revenues of $32.3 billion, up 5.3% year over year, diluted EPS from continuing operations of $0.13 and adjusted EPS of $0.65, versus $0.54 in the year-ago quarter.

AT&T grew revenue 5.3% to $32.3 billion in the third quarter. Service revenue rose 3.8%, its best pace in more than four years. It added 769,000 internet customers (442,000 fiber, 327,000 fixed wireless) and 379,000 postpaid phone customers. Reported diluted EPS fell to $0.13 from $1.29 because of a $2.6 billion Mexico impairment and employee separation charges, and last year's DIRECTV gain. Adjusted EPS rose to $0.65 from $0.54.

Read the Q3 2026 summary →Official transcript (PDF) ↗

Quarters

KPI history

Revenue$32.3B+5.3% y/yQ3 2026
Q4 2024: $32.3B (worked out from the annual figure)Q4 ’24$32.3BQ1 2025: $30.6BQ1 ’25$30.6BQ2 2025: $30.8BQ2 ’25$30.8BQ3 2025: $30.7BQ3 ’25$30.7BQ4 2025: $33.5B (worked out from the annual figure)Q4 ’25$33.5BQ1 2026: $31.5BQ1 ’26$31.5BQ2 2026: $31.6BQ2 ’26$31.6BQ3 2026: $32.3BQ3 ’26$32.3B

Fourth quarter worked out from the annual figure.

Data
Q4 2024$32.3B *
Q1 2025$30.6B
Q2 2025$30.8B
Q3 2025$30.7B
Q4 2025$33.5B *
Q1 2026$31.5B
Q2 2026$31.6B
Q3 2026$32.3B
Diluted EPS (GAAP)$0.12−90.7% y/yQ3 2026
Q1 2025: $0.61Q1 ’25$0.61Q2 2025: $0.62Q2 ’25$0.62Q3 2025: $1.29Q3 ’25$1.29Q1 2026: $0.54Q1 ’26$0.54Q2 2026: $0.66Q2 ’26$0.66Q3 2026: $0.12Q3 ’26$0.12
Data
Q1 2025$0.61
Q2 2025$0.62
Q3 2025$1.29
Q1 2026$0.54
Q2 2026$0.66
Q3 2026$0.12

Fourth-quarter EPS appears once the press release is read; filings report it only for the full year.

Operating margin12.7%−7.2 pts y/yQ3 2026
Q4 2024: 16.5%Q4 ’2416.5%Q1 2025: 18.8%Q1 ’2518.8%Q2 2025: 21.1%Q2 ’2521.1%Q3 2025: 19.9%Q3 ’2519.9%Q4 2025: 17.3%Q4 ’2517.3%Q1 2026: 21.1%Q1 ’2621.1%Q2 2026: 22.3%Q2 ’2622.3%Q3 2026: 12.7%Q3 ’2612.7%
Data
Q4 202416.5%
Q1 202518.8%
Q2 202521.1%
Q3 202519.9%
Q4 202517.3%
Q1 202621.1%
Q2 202622.3%
Q3 202612.7%
Free cash flow$4.5B−10.2% y/yQ4 2025
Q4 2024: $5.1BQ4 ’24$5.1BQ1 2025: $4.8BQ1 ’25$4.8BQ2 2025: $4.9BQ2 ’25$4.9BQ3 2025: $5.3BQ3 ’25$5.3BQ4 2025: $4.5BQ4 ’25$4.5B
Data
Q4 2024$5.1B
Q1 2025$4.8B
Q2 2025$4.9B
Q3 2025$5.3B
Q4 2025$4.5B

Operating cash flow minus capital expenditure, from cash flow statements.

Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
Revenue$32.3Bd$30.6B$30.8B$30.7B$33.5Bd$31.5B$31.6B$32.3B
Operating income$5.3Bd$5.8B$6.5B$6.1B$5.8Bd$6.7B$7.0B$4.1B
Operating margin16.5%18.8%21.1%19.9%17.3%21.1%22.3%12.7%
Net income$4.1Bd$4.4B$4.5B$9.3B$3.8Bd$3.8B$4.6B$891.0M
Diluted EPS—$0.61$0.62$1.29—$0.54$0.66$0.12
Operating cash flow$11.9Bd$9.0B$9.8Bd$10.2Bd$11.3Bd———
Capital expenditure$6.8Bd$4.3B$4.9Bd$4.9Bd$6.8Bd$4.9B$5.7Bd$5.1Bd
Free cash flow$5.1B$4.8B$4.9B$5.3B$4.5B———

From XBRL data in 10-Q and 10-K filings. d derived: a fourth quarter is the full year minus the first nine months, and cash flows are year-to-date figures differenced.

10-Q and 10-K filings