AT&T Inc. (T) Earnings Call Transcripts

AT&T Inc.'s Latest Earnings Call - Q3 FY2026

In the third quarter of 2026, AT&T Inc. reported a consolidated revenue increase of 5.3% year-over-year, driven by strong subscriber growth in advanced connectivity services. Adjusted EPS rose 20% to $0.65, exceeding prior guidance of $2.25 to $2.35 for the full year, now expected to be around $2.40. Management highlighted the addition of over 1 million advanced connectivity subscribers, marking the best quarter in over four years, and provided a positive outlook for continued growth in service revenues and adjusted EBITDA, although they noted potential impacts from increased marketing costs in Q4.

Reported metrics

Guidance from management

Management expects consolidated service revenues to grow in the low single-digit range and adjusted EBITDA growth in the upper portion of the 3% to 4% range for the full year.

What management said

Thank you, and good morning. Welcome to our third quarter call. I'm Brett Feldman, Treasurer and Head of Investor Relations for AT&T. Joining me on the call today are John Stankey, our Chairman and CEO; and Pascal Desroches, our CFO. We're also joined today by our Deputy CFO, Jennifer Biry. Before we begin, I need to call your attention to our safe harbor statement. It says that some of our comments today may be for...

Well, Mike, one other point I'd remind you is as recent as last December, we had a pretty meaningful price increase that impacted much of our fiber base. So consistent with John's response, we have a history of being able to manage the base of pricing across both products.

What analysts pressed on

Analysts expressed concerns regarding the sustainability of fiber ARPU amidst increasing competition and the potential impact of fixed wireless access on future growth. There were also questions about the implications of rising interest rates on smaller fiber builders and potential acquisition opportunities for AT&T.

Main topics on the call

• Subscriber Growth — AT&T added over 1 million advanced connectivity subscribers, marking its best quarter in more than four years. John Stankey noted, "These are high-quality customer relationships and we continue to see growth in accounts ...
• Revenue Growth — Consolidated service revenue grew by 3.8% year-over-year, the best performance in over four years. Pascal Desroches stated, "Total revenues in the third quarter was up 5.3% year-over-year, with service revenues growing 3...
• Adjusted EBITDA Performance — Adjusted EBITDA increased by 5.4% year-over-year, achieving a margin of 38.7%, the highest for a third quarter since the refocus on Advanced Connectivity. Desroches highlighted, "This is our highest third quarter consoli...
• Guidance Update — Management raised the full-year adjusted EPS guidance to approximately $2.40 from a previous range of $2.25 to $2.35, primarily due to lower depreciation expenses. Desroches noted, "We now expect adjusted EPS in the $2.4...

Read the full AT&T Inc. transcript (Q3 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 159 AT&T Inc. earnings call transcripts on record, spanning January 8, 2020 to October 21, 2026. Based on this history, AT&T Inc. reports quarterly. The most recent call on file is dated October 21, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

T

Exchange

NYSE

Country

US

Sector

Communication Services

Industry

Diversified Telecommunication Services

Calls on record

159

First call

January 8, 2020

Most recent

October 21, 2026

Reporting cadence

quarterly