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AT&T (T) free cash flow by quarter

AT&T's free cash flow was $5.5B in Q3 2026 (third quarter 2026), +7% from Q2 2026. Over the last 7 quarters it ranged from $2.7B (Q1 2026) to $5.5B (Q3 2026).

AT&T free cash flow by quarterAT&T free cash flow by quarter$4.8BQ1 2025$4.9BQ2 2025$5.3BQ3 2025$4.5BQ4 2025$2.7BQ1 2026$5.1BQ2 2026$5.5BQ3 2026
QuarterFree cash flowQ/QY/Y
Q3 2026$5.5B+7%+4%
Q2 2026$5.1B+88%+5%
Q1 2026$2.7B-40%-43%
Q4 2025$4.5B-14%—
Q3 2025$5.3B+8%—
Q2 2025$4.9B+2%—
Q1 2025$4.8B——

Q3 2026 at a glance

AT&T, Q3 2026: revenue $32.3B (+5% year over year), operating margin 12.7%, net earnings $891M, operating cash flow $10.5B. The chart follows the revenue to costs, profit and cash.

Questions

What is AT&T's free cash flow?

AT&T's free cash flow was $5.5B in Q3 2026 (third quarter 2026), +7% from Q2 2026.

How has AT&T's free cash flow changed?

Over the last 7 quarters it ranged from $2.7B (Q1 2026) to $5.5B (Q3 2026).

Q3 2026 results → · How AT&T makes money →