FINHUB Insights

T · Q1 FY26 · Jan 1 – Mar 31, 2026

AT&T Q1 FY26: where the revenue came from and where it went

AT&T Q1 FY26: revenue $31.5B (+3% year over year). Net profit $3.8B. Largest cohort Wireless Service $17.7B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jan 1 – Mar 31, 2026
Reported
Apr 27, 2026 10-Q
Sankey diagram of AT&T's income statement for Q1 FY26: revenue of $31.5 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$31.5B +3% year over year
Gross profit$18.9B 60% margin
Operating profit$6.7B 21% margin
Net profit$3.8B 12% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
ItemValueShare of revenueYear over year
Revenue 31.5 100% +3%
Wireless Service 17.7 56% +2%
Product 6 19% +10%
Advanced Home Internet 2.8 9% +27%
Service Other 2 6% −23%
Business Fiber and Advanced… 1.9 6% +7%
Business Transitional 1.1 3% −16%
Cost of revenue−12.640%
Gross profit18.960% margin+1pp
SG&A−7.323%+0pp
Other−516%+0pp
Operating profit6.721% margin+2pp
Tax−1.2
Interest & other costs−1.7
Net profit3.812%−2pp
Filing on EDGAR More quarters of T

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

Older quarters