What is AT&T's pre-tax income?

AT&T (T) reported pre-tax income of $5.4B in Q1 2026.

How has AT&T's pre-tax income changed year-over-year?

AT&T's pre-tax income decreased by 9.9% year-over-year, from $5.99B to $5.4B.

What is the long-term trend for AT&T's pre-tax income?

Over 4 years (2021 to 2025), AT&T's pre-tax income has grown at a -2.3% compound annual growth rate (CAGR), from $29.64B to $27.01B.

What does pre-tax income mean?

Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.

AT&T T Pre-Tax Income

Pre-Tax Income at other companies

Lumen TechnologiesLUMN

$177M+172%

Dycom IndustriesDY

$106.71M+35.8%

Motorola Solutions, Inc.MSI

$441M-19.4%

Digital TurbineAPPS

-$3.54M+82.4%

Shenandoah TelecomSHEN

-$19.86M-93.7%

Verizon CommunicationsVZ

$6.78B+4.8%

Other financials

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

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Market cap$155.78B-22.0%

Enterprise value$301.13B-10.5%

P/E7.3×-9.6×

P/S1.2×-0.4×

Profitability

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Gross margin93%—

Operating margin19.8%+4.4pp

Net margin16.9%+7.3pp

FCF margin13.7%-2.1pp

Returns & leverage

See full

Current ratio0.9×+0.2×

Where this comes from

Reported directly by AT&T in its filing.

Tagged under the XBRL concept us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

The official record: AT&T’s 10-Q, filed April 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is AT&T's pre-tax income?: AT&T (T) reported pre-tax income of $5.4B in Q1 2026.
How has AT&T's pre-tax income changed year-over-year?: AT&T's pre-tax income decreased by 9.9% year-over-year, from $5.99B to $5.4B.
What is the long-term trend for AT&T's pre-tax income?: Over 4 years (2021 to 2025), AT&T's pre-tax income has grown at a -2.3% compound annual growth rate (CAGR), from $29.64B to $27.01B.
What does pre-tax income mean?: Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.