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AT&T INC. (T) Form 10-Q — Oct 21, 2026

$TForm 10-QFiled Oct 21, 2026, 4:24 PM ET0000732717-26-000372Original filing

AT&T reported Q3 2026 operating revenues of $32.3B, up 5.3% year over year, but EPS fell to $0.12 from $1.29 as a $3,372M impairment and restructuring charge — including roughly $2,560M tied to classifying its Mexico wireless business as held-for-sale — hit operating income, which dropped 33% to $4.1B. The quarter's headline EPS decline is largely optical: the prior-year quarter benefited from the DIRECTV sale gain, and 2026 absorbed Mexico impairment charges plus elevated interest expense from debt funding the $22.65B EchoStar spectrum acquisition.

Key figures

Eps
0.12
Revenue
32322000000
Net Income
1269000000
Total Debt
159627000000
Revenue Yoy
5.3%
Total Assets
445871000000
Cash Position
10767000000
Shares Outstanding
6835000000
Q3 2025 eps
1.29
Fiber connections
13310000
Lumen fiber price
5756000000
Effective tax rate q3
51.6%
Echostar spectrum price
22650000000
Mexico impairment charge
2560000000
Operating income q3 2026
4095000000
Postpaid phone subscribers
75283000
Impairment restructuring q3
3372000000

AI analysis

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