AT&T Q2 FY26: where the revenue came from and where it went
The whole income statement of AT&T for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Apr 1 – Jun 30, 2026
- Reported
- Jul 22, 2026
Revenue$31.6B
+2% year over year
Gross profit$19.2B
61% margin
Operating profit$7.0B
22% margin
Net profit$4.6B
15% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 31.6 | 100% | +2% |
| Wireless service | 18.2 | 58% | +4% |
| Product | 5.6 | 18% | +0% |
| Advanced home internet | 2.9 | 9% | +27% |
| Fiber | 1.9 | 6% | +10% |
| Service other | 1.9 | 6% | −24% |
| Business transitional | 1.0 | 3% | −17% |
| Cost of revenue | −12.3 | 39% | |
| Gross profit | 19.2 | 61% margin | +0pp |
| SG&A | −7.2 | 23% | +0pp |
| Other | −5.0 | 16% | +0pp |
| Operating profit | 7.0 | 22% margin | +1pp |
| Interest & other costs | −1.6 | ||
| Tax | −0.8 | ||
| Net profit | 4.6 | 15% margin | +0pp |
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