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AT&T T Q1 2026 earnings

Reported April 22, 2026 · Before market open

Revenue$31.5BBeat by $257.5M
EPS$0.57Beat by $0.02
Revenue estimate$31.2B
EPS estimate$0.55

Next report

Oct 21, 2026 (In 2 weeks)
Revenue estimate$31.7B
EPS estimate$0.60

Financials

Q1 2026

Income statement

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Revenue$31.5B+2.9%
Operating income$6.7B+15.7%
Net income$3.8B-12.0%
EPS (diluted)$0.54-11.5%

Balance sheet

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Cash & equivalents$12.0B+73.8%
Total debt$157.31B+9.6%
Total assets$421.19B+6.0%

Cash flow

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Operating cash flow$7.6B-16.1%
CapEx$4.9B+14.0%
Free cash flow$2.7B-43.0%

Valuation & ratios

Valuation

as of 03/31/26
See full
Market cap$202.41B-0.3%
Enterprise value$347.76B+2.4%
P/E9.4×-7.7×
P/S1.6×-0.1×

Profitability

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Operating margin19.8%+4.4pp
Net margin16.9%+7.3pp
FCF margin13.7%-2.1pp

Returns & leverage

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Current ratio0.9×+0.2×

Segments

By segment

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Advanced Connectivity$28.5B—
Legacy$1.8B—
Latin America$1.2B—
Corporate & Other$94.0M-1.1%

By product

See full
Wireless service$17.7B+2.5%
Advanced home internet$2.8B—
Business fiber and advanced connectivity$1.9B—
Business transitional and other$1.1B—

FAQ

When did AT&T report Q1 2026 earnings?
AT&T (T) reported Q1 2026 earnings on April 22, 2026 before market open.
What were AT&T's Q1 2026 revenue and EPS?
AT&T reported revenue of $31.5B and eps of $0.57 for Q1 2026.
Did AT&T beat estimates in Q1 2026?
Revenue beat the consensus estimate of $31.2B by $257.5M. EPS beat the consensus estimate of $0.55 by $0.02.
How did AT&T's Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 2.9% from $30.6B a year earlier and eps grew 11.8% from $0.51.
Where can I find AT&T's Q1 2026 SEC filings?
You can read the 8-K earnings release (0000732717-26-000201) and the 10-Q periodic report (0000732717-26-000206) directly on SEC EDGAR. The filing index links above go to sec.gov.