AT&T Q2 Earnings: Revenue Climbs 2.3%, Buybacks Accelerate to $10B
T sits 17% above its 52-week low of $19.89 on elevated volume (2.5× avg).
Summary
AT&T reported Q2 2026 revenue of $31.6 billion, up 2.3% year-over-year, with adjusted EPS of $0.65. The company accelerated its share repurchase plan to approximately $10 billion for the year and reiterated full-year guidance.
Key Events · Earnings and Guidance · T
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Q2 Revenue and EPS Beat
Revenue of $31.6B, up 2.3% YoY, and adjusted EPS of $0.65 versus $0.54 a year ago were driven by Advanced Connectivity growth.
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Accelerated Share Repurchases
Reflecting confidence in cash generation, AT&T plans to repurchase approximately $10B in shares during 2026, an increase from the prior pace.
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Advanced Connectivity Momentum
Over 1M Advanced Connectivity customers were added, including 367K fiber and 279K fixed wireless net adds; postpaid phone net adds reached 432K.
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Free Cash Flow Strength
Free cash flow of $4.7B, up from $4.4B YoY, supports capital returns and debt reduction.
Analysis · T · Technology
A solid quarter featured revenue growth, expanding margins, and robust free cash flow. Signaling confidence in its investment-led strategy, the company is accelerating share repurchases to roughly $10 billion this year. Advanced Connectivity net adds surpassed 1 million, fueled by fiber and fixed wireless. Guidance was reiterated across all metrics, reinforcing the multi-year outlook.
At the time of this filing, T was trading at $23.20 on NYSE in the Technology sector, with a market capitalization of approximately $154.7B. The 52-week trading range was $19.89 to $29.79. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.