Filing Flows › AT&T (T) › Q3 2026 › vs Q3 2025
AT&T (T) Q3 2026 vs Q3 2025 (year over year)
AT&T's revenue rose $1.6B (+5%) from $30.7B in Q3 2025 to $32.3B in Q3 2026. The biggest changes: Service +$1.1B (+4%); Advanced home internet +$564M (+23%); Business transitional and other −$175M (-15%). Operating margin 12.7% against 19.9% (-7.3 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 Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 12.7% | 19.9% | -7.3 pts |
| Net margin | 2.8% | 30.3% | -27.6 pts |
| Free cash flow margin | 16.9% | 17.1% | -0.3 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Wireless service | $18.6B | $17.6B | $940M | +5% |
| Equipment | $6.0B | $5.4B | $648M | +12% |
| Other service | $1.7B | $2.3B | −$524M | -23% |
| Service | $26.3B | $25.3B | $1.1B | +4% |
| Advanced home internet | $3.0B | $2.4B | $564M | +23% |
| Business fiber and advanced connectivity | $2.0B | $1.8B | $160M | +9% |
| Business transitional and other | $1.0B | $1.2B | −$175M | -15% |
| Revenue | $32.3B | $30.7B | $1.6B | +5% |
| Operating profit | $4.1B | $6.1B | −$2.0B | -33% |
| Costs & expenses | $28.2B | $24.6B | $3.6B | +15% |
| Pre-tax earnings | $2.7B | $10.7B | −$8.0B | -75% |
| Other expense, net | $1.4B | −$4.5B | $6.0B | — |
| SG&A | $7.4B | $7.5B | −$19.0M | -0.3% |
| Other operating costs | $20.8B | $17.1B | $3.7B | +21% |
| Net earnings | $891M | $9.3B | −$8.4B | -90% |
| Minority interests | $378M | $363M | $15.0M | +4% |
| Income tax | $1.4B | $976M | $414M | +42% |
| Depreciation & amortization | $5.0B | $5.3B | −$339M | -6% |
| Working capital & other | $4.7B | −$4.5B | $9.1B | — |
| Operating cash flow | $10.5B | $10.2B | $367M | +4% |
| Free cash flow (OCF − capex) | $5.5B | $5.3B | $193M | +4% |
| Capital expenditures | $5.1B | $4.9B | $174M | +4% |
Questions
How much did AT&T's revenue grow year over year in Q3 2026?
AT&T's revenue rose $1.6B (+5%) from $30.7B in Q3 2025 to $32.3B in Q3 2026.
What drove AT&T's revenue change in Q3 2026?
Service +$1.1B (+4%); Advanced home internet +$564M (+23%); Business transitional and other −$175M (-15%).