StockWatch
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Telecommunications Equipment
Quarterly ResultJul 22, 2026, 04:13 PM

AT&T Q2 Revenue $31.56B, EPS $0.66; H1 Net Income $8.46B

AI Summary

AT&T reported Q2 2026 operating revenues of $31.56 billion, a 2.3% increase from Q2 2025, with diluted EPS rising to $0.66. For the first half of 2026, net income attributable to AT&T was $8.46 billion, a decrease from the prior year, while operating income increased to $13.70 billion. The company completed the acquisition of Lumen's Mass Markets fiber business for $5.76 billion and authorized an additional $10 billion for common stock repurchases.

Key Highlights

  • Q2 2026 Operating Revenues rose 2.3% to $31.56 billion from $30.85 billion YoY.
  • Q2 2026 Diluted EPS increased to $0.66 from $0.62 YoY.
  • H1 2026 Net Income attributable to AT&T was $8.46 billion, down from $8.85 billion YoY.
  • H1 2026 Operating Income grew to $13.70 billion, up 11.8% from $12.26 billion YoY.
  • Acquired Lumen's Mass Markets fiber business for $5.76 billion in February 2026.
  • Board authorized an additional $10 billion for common stock repurchases.
  • Advanced Connectivity segment Q2 revenue increased to $28.62 billion.
  • Legacy segment Q2 revenue declined to $1.63 billion.