What were AT&T's key financial results for the third quarter of 2026?

For the third quarter of 2026, AT&T reported consolidated revenues of $32.3 billion, up 5.3% year-over-year. Diluted EPS from continuing operations was $0.13, but adjusted EPS was $0.65, an increase from $0.54 in the prior-year quarter. Adjusted EBITDA was $12.5 billion, up 5.4% year-over-year, and free cash flow was $5.0 billion.

How is the 'Advanced Connectivity' segment performing?

The 'Advanced Connectivity' segment continues to be a strong growth driver. In Q3 2026, this segment's revenue grew 7.2% year-over-year to $29.5 billion, and operating income increased by 18.9% to $7.6 billion. The segment saw record net adds for advanced home internet services, including fiber and fixed wireless, and solid growth in postpaid phone net adds.

What is the status of the sale of AT&T's Mexico wireless business?

AT&T entered into an agreement to sell its Mexico wireless business on October 13, 2026. The company has applied held-for-sale accounting for this business. While a non-cash impairment charge of $2.6 billion was recorded, the results are still presented within the Latin America segment for the current reporting period.

How is AT&T managing its capital expenditures and shareholder returns?

AT&T has updated its financial outlook to reflect lower long-term capital investment. The company remains committed to returning capital to shareholders, planning to distribute over $45 billion during 2026-2028 through dividends and share repurchases. They also plan to maintain their current annualized common stock dividend.

AT&T INC. 8-K: Earnings & Results

01—Abstract

Summary

Summary of the 8-K filed October 21, 2026. Cited figures are marked; the original filing is the authoritative source.

AT&T Inc. reported its third-quarter 2026 financial results, showcasing robust growth driven by its "Advanced Connectivity" strategy.

The company achieved consolidated service revenue growth of 5.3% year-over-year, reaching $32.3 billion^a, and saw a significant increase in "Advanced Connectivity" segment revenue, up 7.2% to $29.5 billion. This performance was fueled by strong net additions in both fiber and fixed wireless internet, alongside a healthy gain in postpaid phone subscribers. The company also updated its financial outlook, anticipating higher adjusted EPS for 2026 and a reduction in long-term capital investment, while reaffirming its commitment to substantial shareholder returns and a targeted net debt-to-adjusted EBITDA ratio.

Key financial metrics for the quarter include adjusted EPS of $0.65^b, an increase from $0.54 in the prior year, and free cash flow of $5.0 billion. AT&T continues its strategic shift, with significant revenue declines in its "Legacy" segment as it progresses with copper network decommissioning.

The company also provided an update on its agreement to sell its Mexico wireless business, which is expected to be completed, although it continues to be presented within the Latin America segment for now. Overall, the results indicate a company executing on its growth strategy with a focus on high-speed internet and mobile services.

02—Key points

Key Highlights

AT&T reported consolidated service revenue growth of 5.3% year-over-year to $32.3 billion for Q3 2026.
The "Advanced Connectivity" segment revenue increased by 7.2% to $29.5 billion, driven by strong performance in fiber and fixed wireless internet.
The company added over 1 million Advanced Connectivity customers for the second consecutive quarter, with 769,000 internet net adds and 379,000 postpaid phone net adds.
Adjusted EPS increased to $0.65 in Q3 2026 from $0.54 in the prior year's quarter.
Free cash flow for the quarter was $5.0 billion, showing an increase from $4.9 billion in the year-ago period.
AT&T updated its 2026 outlook to reflect higher adjusted EPS and lower long-term capital investment.
The company is on track to reach over 60 million locations with fiber by the end of 2030.
A non-cash impairment charge of $2.6 billion was recorded related to the held-for-sale Mexico wireless business.

03—Questions

Frequently Asked Questions

What were AT&T's key financial results for the third quarter of 2026?
For the third quarter of 2026, AT&T reported consolidated revenues of $32.3 billion, up 5.3% year-over-year. Diluted EPS from continuing operations was $0.13, but adjusted EPS was $0.65, an increase from $0.54 in the prior-year quarter. Adjusted EBITDA was $12.5 billion, up 5.4% year-over-year, and free cash flow was $5.0 billion.
How is the 'Advanced Connectivity' segment performing?
The 'Advanced Connectivity' segment continues to be a strong growth driver. In Q3 2026, this segment's revenue grew 7.2% year-over-year to $29.5 billion, and operating income increased by 18.9% to $7.6 billion. The segment saw record net adds for advanced home internet services, including fiber and fixed wireless, and solid growth in postpaid phone net adds.
What is the status of the sale of AT&T's Mexico wireless business?
AT&T entered into an agreement to sell its Mexico wireless business on October 13, 2026. The company has applied held-for-sale accounting for this business. While a non-cash impairment charge of $2.6 billion was recorded, the results are still presented within the Latin America segment for the current reporting period.
How is AT&T managing its capital expenditures and shareholder returns?
AT&T has updated its financial outlook to reflect lower long-term capital investment. The company remains committed to returning capital to shareholders, planning to distribute over $45 billion during 2026-2028 through dividends and share repurchases. They also plan to maintain their current annualized common stock dividend.

04—Continue

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