AT&T Q1 2026 EPS $0.54 vs $0.61 YoY; revenue $31.5B +2.9%; Advanced Connectivity margin 24.1%

AT&T INC.

2026-Q1 EPS reported $0.54 revenue$31,506,000,000

Diluted EPS from continuing ops $0.54 vs $0.61 YoY; net income attr. to common $3.79B vs $4.40B.
Operating revenue $31.5B (+2.9%); Advanced Connectivity revenue up 4.7% to $28.5B; Legacy down 25.3%.
Advanced Connectivity operating margin improved to 24.1% from 22.0%; postpaid phone churn 0.89%.
Closed acquisition of Lumen mass markets fiber on Feb 2, 2026; placed in Forged Fiber subsidiary held for sale.
Repurchased $2.3B of common stock in Q1; $13.5B remaining under authorization as of Mar 31.

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