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AT&T T Q2 2026 earnings

Reported July 22, 2026 · Before market open

Revenue$31.6BMiss by $237.1M
EPS$0.65Beat by $0.06
Revenue estimate$31.8B
EPS estimate$0.59
“We are accelerating the pace of our planned share repurchases this year to approximately $10 billion, reflecting our confidence in our market position. With an industry-leading position in fiber – the best connectivity technology available – we believe our network performance and operating scale can't be matched.”
John Stankey

Next report

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

Financials

Q2 2026

Income statement

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Revenue$31.6B+2.3%
Operating income$7.0B+8.3%
Net income$4.6B+2.8%
EPS (diluted)$0.66+6.5%

Balance sheet

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Cash & equivalents$17.6B+67.3%
Total debt$162.89B+8.5%
Total assets$428.36B+5.6%

Cash flow

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Operating cash flow$10.8B+10.6%
CapEx$5.7B+16.4%
Free cash flow$5.1B+4.8%

Valuation & ratios

Valuation

as of 10/02/26
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Market cap$166.51B-13.8%
Enterprise value$311.83B-5.9%
P/E7.7×-1.0×
P/S1.3×-0.2×

Profitability

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Operating margin20.1%+4.2pp
Net margin16.9%+6.7pp
FCF margin13.9%-2.0pp

Returns & leverage

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Current ratio1×+0.2×

Segments

By segment

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Advanced Connectivity$28.6B+4.1%
Legacy$1.6B-25.9%
Latin America$1.2B+16.1%
Corporate & Other$87.0M-7.4%

By product

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Wireless service$18.2B+3.9%
Advanced home internet$2.9B+27.3%
Business fiber and advanced connectivity$1.9B+10.0%
Business transitional and other$1.0B-16.6%

FAQ

When did AT&T report Q2 2026 earnings?
AT&T (T) reported Q2 2026 earnings on July 22, 2026 before market open.
What were AT&T's Q2 2026 revenue and EPS?
AT&T reported revenue of $31.6B and eps of $0.65 for Q2 2026.
Did AT&T beat estimates in Q2 2026?
Revenue missed the consensus estimate of $31.8B by $237.1M. EPS beat the consensus estimate of $0.59 by $0.06.
How did AT&T's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 2.3% from $30.8B a year earlier and eps grew 20.4% from $0.54.
Where can I find AT&T's Q2 2026 SEC filings?
You can read the 8-K earnings release (0000732717-26-000294) and the 10-Q periodic report (0000732717-26-000297) directly on SEC EDGAR. The filing index links above go to sec.gov.