At&T (T) Gross Margin (2009 - 2026)
At&T (T) posted quarterly Gross Margin of 80.02% for Q2 2026, up 80.0% year-over-year from 44.45% in Q2 2025, and little changed quarter-over-quarter from 80.13% in Q1 2026.
At&T (T) Gross Margin (2009 - 2026) Analysis & Trends
At&T (T) has reported Gross Margin for 18 consecutive years, with 80.02% the latest figure, recorded in Q2 2026.
- In Q2 2026, Gross Margin rose 80.0% year-over-year to 80.02%; the TTM figure through Jun 2026 stood at 80.16% (up 136.0% YoY), while the FY2025 annual figure was 79.77%, up 181.0% from the prior year.
- Gross Margin steadied at 80.02% in Q2 2026 per T's latest filing, from 80.13% in the prior quarter.
- Across five years, Gross Margin topped out at 81.11% in Q4 2025 and bottomed at 77.04% in Q2 2022.
- Historically, Gross Margin has averaged 78.53% across 5 years, with a median of 78.35% in 2023.
- Annual changes were most pronounced in 2022 — Gross Margin plunged 213 bps — and 2025, when it surged 228 bps.
- At&T's Gross Margin stood at 79.03% in 2022, then climbed by 0 bps to 79.05% in 2023, then decreased by 0 bps to 78.83% in 2024, then increased by 3 bps to 81.11% in 2025, then declined by 1 bps to 80.02% in 2026.
- Business Quant data shows T's Gross Margin at 80.02% in Q2 2026, 80.13% in Q1 2026, and 81.11% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 205.36 Bn | 203.61 Bn | 27.03 Bn | 78.91% |
| 2 | T-Mobile US | 196.43 Bn | 193.61 Bn | 17.74 Bn | 77.82% |
| 3 | Grupo Televisa, S.A.B | 190.22 Bn | 188.51 Bn | 318.12 Mn | 38.75% |
| 4 | At&T | 174.94 Bn | 157.37 Bn | 25.25 Bn | 80.02% |
| 5 | Chunghwa Telecom | 33.60 Bn | 31.03 Bn | 728.80 Mn | 37.54% |
| 6 | EchoStar | 25.24 Bn | 23.74 Bn | 1.65 Bn | 46.08% |
| 7 | Bce | 22.16 Bn | 22.16 Bn | - | - |
| 8 | Rogers Communications | 19.61 Bn | 18.36 Bn | 1.77 Bn | 43.49% |
| 9 | Telefonica Brasil | 18.11 Bn | 18.11 Bn | 1.32 Bn | 44.91% |
| 10 | Charter Communications | 17.77 Bn | 17.26 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 80.02% |
| Mar 31, 2026 | 80.13% |
| Dec 31, 2025 | 81.11% |
| Sep 30, 2025 | 79.32% |
| Jun 30, 2025 | 79.21% |
| Mar 31, 2025 | 79.30% |
| Dec 31, 2024 | 78.83% |
| Sep 30, 2024 | 77.83% |
| Jun 30, 2024 | 77.76% |
| Mar 31, 2024 | 77.32% |
| Dec 31, 2023 | 79.05% |
| Sep 30, 2023 | 77.48% |
| Jun 30, 2023 | 77.37% |
| Mar 31, 2023 | 77.86% |
| Dec 31, 2022 | 79.03% |
| Sep 30, 2022 | 77.50% |
| Jun 30, 2022 | 77.04% |
| Mar 31, 2022 | 77.45% |
| Dec 31, 2021 | 78.19% |
| Sep 30, 2021 | 77.93% |