AT&T Inc. (T) Financials
Key financial figures for AT&T Inc. (Q3 2026).
AT&T Q3 2026 revenue rose 5.3% to $32.3 billion and adjusted EPS was $0.65 versus $0.54, while GAAP diluted EPS from continuing operations fell to $0.13 on a $2.6 billion non-cash impairment of the held-for-sale Mexico wireless business. Revenue was $32.3 billion, up 5.3% year over year; Advanced Connectivity service revenue was $23.9 billion, up 6.1%, and Advanced Connectivity operating income rose 18.9% to $7.6 billion. Adjusted EPS was $0.65 versus $0.54 a year ago. Diluted EPS from continuing operations was $0.13 versus $1.29, which included a gain on the DIRECTV sale last year; this quarter carries the Mexico impairment and employee separation charges. Adjusted EBITDA was $12.5 billion versus $11.9 billion (up 5.4%); free cash flow was $5.0 billion versus $4.9 billion, on cash from continuing operations of $10.5 billion. On the outlook: The release raised 2026 adjusted EPS to the $2.40 range (previously $2.25 to $2.35), narrowed 2026 adjusted EBITDA growth to the upper portion of the 3% to 4% range (previously 3% to 4%), lowered capital investment to $22 billion to $23 billion annually in 2027 and 2028 (previously $23 billion to $24 billion annually for 2026-2028; 2026 stays $23 billion to $24 billion), and kept free cash flow of $18 billion+ in 2026, $19 billion+ in 2027 and $21 billion+ in 2028. It also states $45 billion+ of shareholder returns over 2026-2028 with $24 billion+ of share repurchases (previously approximately $24 billion), including about $10 billion in 2026, and a return of net debt to adjusted EBITDA to the 2.5x range during 2029 (previously within approximately three years of the EchoStar closing). Figures are for Q3 2026, as AT&T Inc. reported them.
- Revenue
- $32.3B
- Net Income
- $891M
- EPS
- $0.12
- Total Assets
- $445.9B
- Operating Cash Flow
- $10.5B
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $32.3B | $891M | $0.12 | 12.67% | $5.5B |
| Q2 FY2026 | $31.6B | $4.6B | $0.66 | 22.3% | $5.2B |
| Q1 FY2026 | $31.5B | $3.8B | $0.54 | 21.13% | $2.7B |
| Q4 FY2025 | $33.5B | $3.7B | $0.52 | 18.29% | $4.5B |
| Q3 FY2025 | $30.7B | $9.3B | $1.29 | 19.93% | $5.3B |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $125.6B | $21.9B | $3.04 | 19.9% | $19.4B |
| FY2024 | $122.3B | $10.9B | $1.49 | 19.83% | $18.5B |
| FY2023 | $122.4B | $14.4B | $1.97 | 20.23% | $20.5B |
Frequently asked questions
What was AT&T Inc.'s revenue last quarter?
AT&T Inc. reported revenue of $32.32 billion for Q3 FY2026, up 5.3% from the same period a year earlier.
Is AT&T Inc. profitable?
Yes. AT&T Inc. reported net income of $891.0 million for Q3 FY2026, a net margin of 2.76% on revenue.
How has AT&T Inc.'s margin trended?
Operating margin was 12.67% in Q3 FY2026, compared with 19.93% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did AT&T Inc. generate?
AT&T Inc. generated free cash flow of $5.46 billion in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for AT&T Inc. on SentiSense, with up to forty quarters and twenty fiscal years of history.