Filing Flows › AT&T (T) › Guidance history
AT&T (T) guidance history: what it guided and what it reported
AT&T gave guidance in 12 earnings releases on file since Jan 24, 2024. Its releases raised guidance 6 times and lowered it twice.
Revenue
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q4 2024 | $32.0B (Jan 24, 2024) | — | — | — |
Operating income
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2024 | $6.7B (Apr 24, 2024) | — | — | — |
Adjusted operating income
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q4 2024 | $5.3B (Jan 24, 2024) | — | — | — |
Operating expenses
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2024 | $4.4B (Oct 23, 2024) | — | — | — |
Free cash flow
The GAAP figure from the filings is shown for each period reported; it is not judged against the guide, which may leave items out (one-off payments, acquisitions).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2027 | $19.0B (Jul 23, 2025) → reaffirmed $19.0B (Oct 22, 2025) | — | to be reported | — |
| FY2026 | $18.0B (Jul 23, 2025) → reaffirmed $18.0B (Oct 22, 2025) → reaffirmed $18.0B (Jan 28, 2026) | — | to be reported | — |
| FY2025 | $16.0B (Apr 23, 2025) → reaffirmed $16.0B (Oct 22, 2025) | $19.4B (GAAP) | not judged | — |
| FY2024 | $16.8B (Jan 24, 2024) → raised $17.0B–$18.0B (Apr 24, 2024) → reaffirmed $17.0B–$18.0B (Jul 24, 2024) → reaffirmed $17.0B–$18.0B (Oct 23, 2024) | $18.5B (GAAP) | not judged | — |
| Q4 2024 | $6.4B (Jan 24, 2024) | — | — | — |
Capital expenditures
The GAAP figure from the filings is shown for each period reported; it is not judged against the guide, which may leave items out (one-off payments, acquisitions).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $23.0B–$24.0B (Apr 22, 2026) | — | to be reported | — |
| FY2028 | $23.0B–$24.0B (Jan 28, 2026) → reaffirmed $23.0B–$24.0B (Jul 22, 2026) | — | to be reported | — |
| FY2027 | $22.0B–$22.5B (Jul 23, 2025) → raised $23.0B–$24.0B (Oct 22, 2025) | — | to be reported | — |
| FY2025 | $22.0B (Jan 27, 2025) → reaffirmed $22.0B (Apr 23, 2025) → raised $22.0B–$22.5B (Oct 22, 2025) | $20.8B (GAAP) | not judged | — |
| FY2024 | $21.0B–$22.0B (Jan 24, 2024) → reaffirmed $21.0B–$22.0B (Apr 24, 2024) → reaffirmed $21.0B–$22.0B (Jul 24, 2024) → reaffirmed $21.0B–$22.0B (Oct 23, 2024) | $20.3B (GAAP) | not judged | — |
The latest quarter
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
Does AT&T beat its guidance?
AT&T gave guidance in 12 earnings releases on file since Jan 24, 2024. Its releases raised guidance 6 times and lowered it twice.
How often does AT&T raise guidance?
Its earnings releases raised guidance 6 times and lowered it twice since Jan 24, 2024.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.