finance
AT&T Q1 2026 Earnings: Adjusted EPS Beats Estimates at 57 Cents, Revenue Drops 19% to $31.5 Billion
AT&T exceeded analyst expectations for adjusted earnings per share and revenue in the first quarter of 2026, driven by growth in its advanced connectivity business. The company added 294,000 postpaid phone net subscribers and reaffirmed its full-year guidance. TE Connectivity also reported quarterly results, with adjusted EPS beating estimates while net sales slightly missed projections.
Apr 22, 6:44 AM·1m read4 sources
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AT&T reported adjusted earnings per share of 57 cents for the first quarter of 2026, surpassing analyst estimates of 55 cents. AT&T added 294,000 wireless postpaid phone net subscribers, beating analyst estimates that ranged from 262,200 to 270,000. Postpaid phone-only churn 0.89%.
AT&T's advanced connectivity business drove subscriber growth. Advanced connectivity operating revenue $28.5B, up 4.7%. Advanced connectivity operating income $6.9 billion. Forty-two percent of households with AT&T's advanced home internet services chose AT&T wireless in the quarter.
The company continued to add customers for its postpaid phone service in the latest quarter. AT&T continued to add customers for its high-speed internet in the latest quarter.
AT&T reaffirmed its 2026 guidance.
