AT&T INC.(T)Stock Analysis
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Rank #244 of 2,879 stocksTOP 10%
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Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
T Stock Analysis & AI Quality Score
AI stock analysis and institutional research for AT&T INC. (T), a Communication Services sector company. 13F Pro's AI-powered ranking engine scores T at 71.9/100 on a 32-signal composite quality model, placing it at rank #244 of 2,879 stocks — the top 10% of the AI-ranked universe. T scores in the top quartile across revenue scale (99.0), profitability (85.8). Areas of concern include revenue growth (37.2), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q1 2026), AT&T INC. reports quarterly revenue of $31.5B, net income of $3.8B, an operating margin of 21.1%. T trades on the NYSE exchange and files with the SEC under CIK 732717. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate T daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for AT&T INC. directly from SEC EDGAR. AT&T INC.'s 13F Pro composite quality score has ranged between 53 and 72 since 2021, currently 71.9 — an improving long-term trajectory across 28 quarterly and live scoring snapshots.
What's Driving T's Business? Latest 10-Q Breakdown
✓ 22/22 datapoints verifiedAI-extracted from AT&T INC.'s 10-Q filed 2026-04-27 — Q1 2026 (quarter ended March 31, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
AT&T Q1 2026 revenue rose 2.9% to $31.5B, driven by wireless and fiber growth, as operating income jumped 15.7% to $6.7B on margin expansion.
Biggest Revenue Drivers
Total revenue: $31.5B+2.9% YoY
Wireless service revenue +1.7%, advanced home internet +27.3% (fiber +21.2%, AIA +100%), business fiber +7.2%
Continued copper-based network decommissioning and lower demand for legacy services
Service revenue +22.4%, equipment +18.0%, driven by favorable FX impacts and subscriber growth
Largest Expense Items
Higher wireless device/selling/bad debt expenses offset by cost reductions and lower content licensing fees
Lower depreciation from fully depreciated legacy assets, partially offset by fiber/network upgrades
Higher debt balances and interest rates on long-term borrowings
Margins: Operating income margin expanded to 21.1% in Q1 2026 from 18.8% in Q1 2025. Advanced Connectivity operating margin improved from 22.0% to 24.1%, driven by operating leverage and transformation cost reductions.
Watch Items from the Filing
- Lumen fiber acquisition ($5.8B) placed in discontinued operations (Forged Fiber subsidiary) pending sale of controlling interest to equity partner; $4.3B of acquisition cash in discontinued investing activities Q1.
- Legacy segment revenues declining -25.3% YoY as copper-based network decommissioning accelerates; segment operating margin fell to 34.6% from 43.0%.
- Mexico operations: postpaid subscribers up 18.2% but prepaid down 3.1%; operating margin collapsed from 4.4% to 1.7% due to FX headwinds and higher equipment/bad debt costs.
- Pending EchoStar spectrum acquisition (~$23B in 600 MHz and 3.45 GHz) subject to FCC approval; short-term 3.45 GHz spectrum manager lease already deployed to ~two-thirds of U.S. population.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Revenue
Q1 2026
$31.5B
Net Income
Q1 2026
$3.8B
Free Cash Flow
Q1 2026
$2.7B
Operating Margin
Q1 2026
21.1%
D/E Ratio
Q1 2026
1.10
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
-0.1% YoYNet Income
-24.0% YoYOperating Income
-18.8% YoYEPS (Diluted)
-24.4% YoYTotal Assets
-3.0% YoYTotal Debt
-12.0% YoYOp. Cash Flow
+1.2% YoY| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2018 | FY 2016 |
|---|---|---|---|---|---|---|
| Revenue | $122.34B -0.1% | $122.43B +1.4% | $120.74B -9.9% | $134.04B -21.5% | $170.76B +4.3% | $163.79B |
| Net Income | $10.95B -24.0% | $14.40B +268.9% | $-8.52B -142.4% | $20.08B +3.7% | $19.37B +49.3% | $12.98B |
| Operating Income | $19.05B -18.8% | $23.46B +611.5% | $-4.59B -117.7% | $25.90B -0.8% | $26.10B +10.8% | $23.54B |
| EPS (Diluted) | $1.49 -24.4% | $1.97 +274.3% | $-1.13 -141.4% | $2.73 -4.2% | $2.85 +35.7% | $2.10 |
| Total Assets | $394.80B -3.0% | $407.06B +1.0% | $402.85B -27.0% | $551.62B +3.7% | $531.86B +31.7% | $403.82B |
| Total Debt | $132.29B -12.0% | $150.26B +2.0% | $147.28B -26.4% | $200.03B +8.9% | $183.69B +37.8% | $133.34B |
| Operating Cash Flow | $38.77B +1.2% | $38.31B | — | $41.96B -3.8% | $43.60B +13.4% | $38.44B |
AI Insight: T Ratio Trends
Operating margin rebounded to 21.1% in Q1 2026, but ROIC volatility and collapsing Q3 2025 profitability signal operational inconsistency.
• Operating margin recovered to 21.1% in Q1 2026 from 17.3% in Q4 2025, returning to 2025 peak levels.
• ROIC improved to 19.2% in Q1 2026 from 15.2% in Q4 2025, highest since Q2 2025's 19.7%.
• ROA remained flat at 3.6% in Q1 2026 versus Q4 2025, reflecting persistent asset efficiency headwinds.
⚠ Q3 2025 saw NPM spike to 30.3% and ROA jump to 8.8%, followed by sharp Q4 contraction—suggests one-off gains masking operational trends.
⚠ ROIC has ranged 6.6%–19.7% over nine quarters; recent Q1 2026 recovery unproven vs. Q4 deterioration pattern.
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Popular Research
Is T a good stock to buy?
13F Pro's AI-powered analysis of AT&T INC. (T) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Communication Services sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for T are available on the T stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own T?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling T. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of AT&T INC.'s investment landscape.