Filing Flows › AT&T (T) › Operating margin
AT&T (T) operating margin by quarter
AT&T's operating margin was 12.7% in Q3 2026 (third quarter 2026), -9.6 pts from Q2 2026. Over the last 7 quarters it ranged from 12.7% (Q3 2026) to 22.3% (Q2 2026).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 12.7% | -9.6 pts | -7.3 pts |
| Q2 2026 | 22.3% | +1.2 pts | +1.2 pts |
| Q1 2026 | 21.1% | +3.8 pts | +2.3 pts |
| Q4 2025 | 17.3% | -2.6 pts | — |
| Q3 2025 | 19.9% | -1.1 pts | — |
| Q2 2025 | 21.1% | +2.3 pts | — |
| Q1 2025 | 18.8% | — | — |
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 operating margin?
AT&T's operating margin was 12.7% in Q3 2026 (third quarter 2026), -9.6 pts from Q2 2026.
How has AT&T's operating margin changed?
Over the last 7 quarters it ranged from 12.7% (Q3 2026) to 22.3% (Q2 2026).