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AT&T T Free cash flow

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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%

Valuation

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Market cap$177.27B-14.7%
Enterprise value$322.59B-7.1%
P/E8.2×-8.1×
P/S1.4×-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 ratio+0.2×

Where this comes from

Calculated from AT&T’s reported figures.

The source filing: AT&T’s 10-Q, filed July 22, 2026. Open the filing →

Filed
Jul 22, 2026, 4:07 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000732717-26-000297

FAQ

What is AT&T's free cash flow?
AT&T (T) reported free cash flow of $5.1B in Q2 2026.
How has AT&T's free cash flow changed year-over-year?
AT&T's free cash flow increased by 4.8% year-over-year, from $4.87B to $5.1B.
What is the long-term trend for AT&T's free cash flow?
Over 4 years (2021 to 2025), AT&T's free cash flow has grown at a -7.4% compound annual growth rate (CAGR), from $26.41B to $19.44B.
What does free cash flow mean?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.

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