Filing Flows › AT&T (T) › Q3 2026 › vs Q2 2026
AT&T (T) Q3 2026 vs Q2 2026 (quarter over quarter)
AT&T's revenue rose $764M (+2%) from $31.6B in Q2 2026 to $32.3B in Q3 2026. The biggest changes: Service +$688M (+3%); Advanced home internet +$49.0M (+2%); Business fiber and advanced connectivity +$46.0M (+2%). Operating margin 12.7% against 22.3% (-9.6 pts).
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 draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 12.7% | 22.3% | -9.6 pts |
| Net margin | 2.8% | 14.7% | -11.9 pts |
| Free cash flow margin | 16.9% | 16.2% | +0.7 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Wireless service | $18.6B | $18.2B | $369M | +2% |
| Equipment | $6.0B | $5.6B | $440M | +8% |
| Other service | $1.7B | $1.9B | −$121M | -6% |
| Service | $26.3B | $25.6B | $688M | +3% |
| Advanced home internet | $3.0B | $2.9B | $49.0M | +2% |
| Business fiber and advanced connectivity | $2.0B | $1.9B | $46.0M | +2% |
| Business transitional and other | $1.0B | $1.0B | −$19.0M | -2% |
| Revenue | $32.3B | $31.6B | $764M | +2% |
| Operating profit | $4.1B | $7.0B | −$2.9B | -42% |
| Costs & expenses | $28.2B | $24.5B | $3.7B | +15% |
| Pre-tax earnings | $2.7B | $5.8B | −$3.1B | -54% |
| Other expense, net | $1.4B | $1.2B | $192M | +15% |
| SG&A | $7.4B | $7.2B | $214M | +3% |
| Other operating costs | $20.8B | $17.3B | $3.5B | +20% |
| Net earnings | $891M | $4.6B | −$3.7B | -81% |
| Minority interests | $378M | $383M | −$5.0M | -1% |
| Income tax | $1.4B | $784M | $606M | +77% |
| Depreciation & amortization | $5.0B | $5.0B | $12.0M | +0.2% |
| Working capital & other | $4.7B | $1.2B | $3.4B | +285% |
| Operating cash flow | $10.5B | $10.8B | −$282M | -3% |
| Free cash flow (OCF − capex) | $5.5B | $5.1B | $357M | +7% |
| Capital expenditures | $5.1B | $5.7B | −$639M | -11% |
Questions
How much did AT&T's revenue grow quarter over quarter in Q3 2026?
AT&T's revenue rose $764M (+2%) from $31.6B in Q2 2026 to $32.3B in Q3 2026.
What drove AT&T's revenue change in Q3 2026?
Service +$688M (+3%); Advanced home internet +$49.0M (+2%); Business fiber and advanced connectivity +$46.0M (+2%).