At&T (T) Gross Margin (2009 - 2026)
At&T (T) posted Gross Margin of 81.81% for Q2 2026, up 0.41 percentage points from 81.40% a year earlier and up 1.82 percentage points from the prior quarter.
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Analysis
At&T (T) Gross Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at At&T was 79.56%, down 1.31 percentage points year-over-year; for FY2025, it was 79.79%, down 2.03 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of +4.72 percentage points (FY2020 to FY2025).
- In prior years, At&T's Gross Margin was 81.81% in FY2024 (+0.71 pp), 81.10% in FY2023 (+0.99 pp), 80.12% in FY2022 (+3.83 pp) and 76.28% in FY2021 (+1.21 pp).
- Quarterly Gross Margin has run from a low of 29.56% in Q4 2023 to a high of 99.47% in Q3 2023 over five years.
- On a year-over-year basis, Gross Margin increased in two of the last eight quarters, with an average year-over-year change of +2.86 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q4 2024, with a gain of 47.66 percentage points; the weakest was Q4 2023, with a drop of 48.11 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 79.99% (Q1 2026), 74.61% (Q4 2025) and 82.19% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 193.94 Bn | 158.35 Bn | 27.03 Bn | 78.91% |
| 2 | T-Mobile US | 178.90 Bn | 163.65 Bn | 14.76 Bn | 64.75% |
| 3 | At&T | 170.76 Bn | 118.71 Bn | 25.82 Bn | 81.81% |
| 4 | Grupo Televisa, S.A.B | 146.22 Bn | 134.85 Bn | 318.12 Mn | 38.75% |
| 5 | Comcast | 77.07 Bn | 41.32 Bn | - | - |
| 6 | Chunghwa Telecom | 35.67 Bn | 31.52 Bn | 728.80 Mn | 37.54% |
| 7 | EchoStar | 25.89 Bn | 17.02 Bn | 1.65 Bn | 46.08% |
| 8 | AST SpaceMobile | 23.74 Bn | 24.24 Bn | 7.95 Mn | 25.23% |
| 9 | Bce | 19.19 Bn | 17.52 Bn | - | - |
| 10 | Telefonica Brasil | 18.02 Bn | 12.02 Bn | 1.42 Bn | 45.54% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 81.81% |
| Mar 31, 2026 | 79.99% |
| Dec 31, 2025 | 74.61% |
| Sep 30, 2025 | 82.19% |
| Jun 30, 2025 | 81.40% |
| Mar 31, 2025 | 81.41% |
| Dec 31, 2024 | 77.22% |
| Sep 30, 2024 | 83.67% |
| Jun 30, 2024 | 83.84% |
| Mar 31, 2024 | 82.87% |
| Dec 31, 2023 | 29.56% |
| Sep 30, 2023 | 99.47% |
| Jun 30, 2023 | 83.10% |
| Mar 31, 2023 | 81.23% |
| Dec 31, 2022 | 77.67% |
| Sep 30, 2022 | 81.89% |
| Jun 30, 2022 | 81.33% |
| Mar 31, 2022 | 79.68% |
| Dec 31, 2021 | 76.06% |
| Sep 30, 2021 | 79.19% |
API Access
At&T Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=T&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "T", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=T&period=max&api_key=YOUR_API_KEY");
const data = await res.json();