What is AT&T's deferred revenue?

AT&T (T) reported deferred revenue of $4.07B in Q2 2026.

How has AT&T's deferred revenue changed year-over-year?

AT&T's deferred revenue increased by 1.7% year-over-year, from $4B to $4.07B.

What is the long-term trend for AT&T's deferred revenue?

Over 3 years (2022 to 2025), AT&T's deferred revenue has grown at a 2.9% compound annual growth rate (CAGR), from $3.92B to $4.27B.

What does deferred revenue mean?

Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.

AT&T T Deferred Revenue

Deferred Revenue at other companies

Lumen TechnologiesLUMN

$5.9B-3.3%

Motorola Solutions, Inc.MSI

$2.3B+15.8%

Shenandoah TelecomSHEN

$14.47M-14.0%

Verizon CommunicationsVZ

$7.82B+3.8%

SBA CommunicationsSBAC

$5.66M+63.2%

Dycom IndustriesDY

——

Other financials

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

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Market cap$164.05B-16.6%

Enterprise value$309.36B-8.0%

P/E7.6×-7.8×

P/S1.3×-0.3×

Profitability

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Gross margin93%—

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×

Where this comes from

Reported directly by AT&T in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityCurrent.

The official record: AT&T’s 10-Q, filed July 22, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is AT&T's deferred revenue?: AT&T (T) reported deferred revenue of $4.07B in Q2 2026.
How has AT&T's deferred revenue changed year-over-year?: AT&T's deferred revenue increased by 1.7% year-over-year, from $4B to $4.07B.
What is the long-term trend for AT&T's deferred revenue?: Over 3 years (2022 to 2025), AT&T's deferred revenue has grown at a 2.9% compound annual growth rate (CAGR), from $3.92B to $4.27B.
What does deferred revenue mean?: Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.