AT&T's results for Q3 2026 (quarter ended Sep 30, 2026) come from the company's own earnings release, filed with the SEC on 2026-10-21. Everything below is taken from that filing; quotes are copied exactly. Company outlooks are the company's own.
At a glance
| Item | Value |
|---|---|
| Revenue (GAAP) | $32,322 million (+5.2% vs a year earlier) |
| Diluted EPS (GAAP) | $0.13 |
| Adjusted per-share figure (company's non-GAAP measure; FFO/AFFO for REITs) | $0.65 |
| Full-year guidance | Raised |
Guidance
AT&T raised its 2026 adjusted EPS outlook to the $2.40 range and lowered long-term capital investment; other 2026-2028 targets maintained.
Why this label: 'AT&T is increasing its outlook for 2026 adjusted EPS' ($2.40 range) and maintains EBITDA/FCF outlook; the lowered capital investment outlook is non-core.
| Metric | Period | New | Prior (as stated in the release) |
|---|---|---|---|
| adjusted EPS | FY2026 | $2.40 range | not stated |
| capital investment | FY2026; FY2027–FY2028 annually | $23–24 billion in 2026; $22–23 billion annually in 2027 and 2028 | not stated |
| adjusted EBITDA growth | FY2026 | upper portion of 3%–4% | not stated |
| free cash flow | FY2026 | $18 billion+ | not stated |
| service revenue growth | FY2026–FY2028 annually | low-single-digit | not stated |
From the release
Revenue: "Total Operating Revenues · 32,322 · 30,709 · 5.3 · %"
Earnings per share: "Earnings per diluted common share from continuing operations was $0.13, versus $1.29 in the year-ago quarter, which included a gain recognized on the sale of the DIRECTV investment."
adjusted EPS: "Adjusted EPS* in the $2.40 range in 2026 with a double-digit 3-year CAGR through 2028"
capital investment: "Capital investment* in the $23 billion to $24 billion range in 2026 and in the $22 billion to $23 billion range annually in 2027 and 2028"
adjusted EBITDA growth: "Adjusted EBITDA* growth in the upper portion of the 3% to 4% range in 2026, improving to 5% or better in 2028"
Quotes are copied from the filing; in table rows, cell borders are shown as “·”.
Key fact: Raised 2026 adjusted EPS outlook; record 769,000 internet net adds; $2.6B Mexico impairment.
Source
AT&T earnings release (SEC filing), accession 0000732717-26-000370, filed 2026-10-21.
Part of the Q3 2026 Guidance Tracker. Educational only, not advice. Free weekly recap every Sunday: yieldterminalpro.com/newsletter.