At&T (T) Gross Margin (2009 - 2026)

At&T has disclosed Gross Margin across 18 years of filings, most recently posting 80.13% for Q1 2026.

• In Q1 2026, Gross Margin rose 83.0% year-over-year to 80.13%; the TTM figure through Mar 2026 stood at 79.97% (up 152.0% YoY), while the FY2025 annual figure was 79.77%, up 181.0% from the prior year.
• Gross Margin declined to 80.13% in Q1 2026, from 81.11% in the prior quarter.
• Over the last five years, Gross Margin for T reached as high as 81.11% in Q4 2025 and fell as low as 77.04% in Q2 2022.
• The 5-year median for Gross Margin is 77.86% (2023), against an average of 78.45%.
• Annual changes were most pronounced in 2022 — Gross Margin slumped 213 bps — and 2025, when it surged 228 bps.
• A 5-year view of Gross Margin shows it stood at 79.03% in 2022, then advanced by 0 bps to 79.05% in 2023, then retreated by 0 bps to 78.83% in 2024, then grew by 3 bps to 81.11% in 2025, then declined by 1 bps to 80.13% in 2026.
• According to Business Quant data, Gross Margin over the past three periods registered 80.13%, 81.11%, and 79.32% for Q1 2026, Q4 2025, and Q3 2025 respectively.