At&T (T) Free Cash Flow (2009 - 2026)
At&T (T) posted quarterly Free Cash Flow of $2.7 billion for Q1 2026, down 43.04% YoY from $4.8 billion in Q1 2025, and down 40.12% sequentially from $4.5 billion in Q4 2025.
At&T (T) Free Cash Flow (2009 - 2026) Analysis & Trends
At&T has disclosed Free Cash Flow across 18 years of filings, most recently posting $2.7 billion for Q1 2026.
- In Q1 2026, Free Cash Flow fell 43.04% year-over-year to $2.7 billion; the TTM figure through Mar 2026 stood at $17.4 billion (down 10.79% YoY), while the FY2025 annual figure was $19.4 billion, up 5.05% from the prior year.
- Free Cash Flow fell to $2.7 billion in Q1 2026, from $4.5 billion in the prior quarter.
- Over the last five years, Free Cash Flow for T reached as high as $6.8 billion in Q4 2023 and fell as low as $2.3 billion in Q1 2023.
- The 5-year median for Free Cash Flow is $4.8 billion (2025), against an average of $4.5 billion.
- Annual changes were most pronounced in 2022 — Free Cash Flow tumbled 55.1% — and 2023, when it surged 99.58%.
- A 5-year view of Free Cash Flow shows it stood at $6.1 billion in 2022, then gained by 10.75% to $6.8 billion in 2023, then retreated by 25.44% to $5.1 billion in 2024, then decreased by 10.17% to $4.5 billion in 2025, then tumbled by 40.12% to $2.7 billion in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered $2.7 billion, $4.5 billion, and $5.3 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 1,360.11 Bn | 465.10 Bn | - | - |
| 2 | T-Mobile US | 190.40 Bn | 186.88 Bn | 17.62 Bn | 4.60 Bn |
| 3 | Verizon Communications | 176.65 Bn | 169.60 Bn | 27.94 Bn | 3.78 Bn |
| 4 | At&T | 143.78 Bn | 133.82 Bn | 25.25 Bn | 2.72 Bn |
| 5 | Telecom Argentina | 27.29 Bn | -708.89 Bn | - | - |
| 6 | Charter Communications | 17.55 Bn | 21.72 Bn | - | 1.45 Bn |
| 7 | Millicom International Cellular | 15.13 Bn | 13.99 Bn | - | 759.00 Mn |
| 8 | Globalstar | 10.40 Bn | 10.04 Bn | 46.63 Mn | 30.74 Mn |
| 9 | Sify Technologies | 7.22 Bn | 7.17 Bn | 54.72 Mn | - |
| 10 | Lumen Technologies | 7.15 Bn | 5.53 Bn | 1.46 Bn | 380.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.72 Bn |
| Mar 31, 2026 | 2.72 Bn |
| Dec 31, 2025 | 4.54 Bn |
| Dec 31, 2025 | 4.54 Bn |
| Sep 30, 2025 | 5.27 Bn |
| Sep 30, 2025 | 5.27 Bn |
| Jun 30, 2025 | 4.87 Bn |
| Jun 30, 2025 | 4.87 Bn |
| Mar 31, 2025 | 4.77 Bn |
| Mar 31, 2025 | 4.77 Bn |
| Dec 31, 2024 | 5.05 Bn |
| Dec 31, 2024 | 5.05 Bn |
| Sep 30, 2024 | 4.93 Bn |
| Sep 30, 2024 | 4.93 Bn |
| Jun 30, 2024 | 4.73 Bn |
| Jun 30, 2024 | 4.73 Bn |
| Mar 31, 2024 | 3.79 Bn |
| Mar 31, 2024 | 3.79 Bn |
| Dec 31, 2023 | 6.78 Bn |
| Dec 31, 2023 | 6.78 Bn |