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

At&T (T) reported Net Margin of 12.04% for Q1 2026, down 231.0% year-over-year from 9.19% in Q1 2025, and up 7.38% quarter-over-quarter from 11.21% in Q4 2025.

At&T (T) Net Margin (2009 - 2026) Analysis & Trends

At&T (T) has 17 years of Net Margin data on file, last reported at 12.04% in Q1 2026.

  • Net Margin for Q1 2026 came in at 12.04%, down 231.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 16.82% (up 727.0% YoY), and the FY2025 annual result was 17.42%, up 864.0% from the prior year.
  • Net Margin advanced to 12.04% in Q1 2026 per T's latest filing, from 11.21% in the prior quarter.
  • Over five years, Net Margin peaked at 30.21% in Q3 2025 and troughed at 75.2% in Q4 2022.
  • A 5-year average of 8.15% and a median of 12.48% in 2024 frame the typical range for Net Margin.
  • The sharpest annual moves came in 2022 and 2023: Net Margin plunged 9126 bps in 2022, then surged 8187 bps in 2023.
  • A 5-year view of Net Margin shows it stood at 75.2% in 2022, then soared by 109 bps to 6.67% in 2023, then soared by 87 bps to 12.48% in 2024, then slipped by 10 bps to 11.21% in 2025, then gained by 7 bps to 12.04% in 2026.
  • Business Quant data shows T's Net Margin at 12.04% in Q1 2026, 11.21% in Q4 2025, and 30.21% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Bce 382.57 Bn 381.58 Bn - 9.99%
2 T-Mobile US 195.94 Bn 192.42 Bn 17.62 Bn 10.84%
3 Verizon Communications 190.78 Bn 183.73 Bn 27.94 Bn 14.94%
4 At&T 159.64 Bn 149.68 Bn 25.25 Bn 12.04%
5 Telefonica Brasil 146.21 Bn 144.47 Bn 1.32 Bn 8.16%
6 America Movil Sab De Cv 128.31 Bn 126.27 Bn 10.13 Bn 16.57%
7 Chunghwa Telecom 109.39 Bn 107.21 Bn 719.92 Mn 0.00%
8 Millicom International Cellular 106.22 Bn 104.67 Bn - 5.49%
9 Veon 82.81 Bn 80.59 Bn - 8.24%
10 EchoStar 33.61 Bn 33.48 Bn 3.13 Bn -4.01%

Historic Data

Download Data
DateValue
Mar 31, 2026 12.04%
Dec 31, 2025 11.21%
Sep 30, 2025 30.21%
Jun 30, 2025 14.47%
Mar 31, 2025 14.35%
Dec 31, 2024 12.48%
Sep 30, 2024 -0.75%
Jun 30, 2024 11.90%
Mar 31, 2024 11.31%
Dec 31, 2023 6.67%
Sep 30, 2023 11.35%
Jun 30, 2023 14.83%
Mar 31, 2023 13.86%
Dec 31, 2022 -75.20%
Sep 30, 2022 19.89%
Jun 30, 2022 13.85%
Mar 31, 2022 16.03%
Dec 31, 2021 16.05%
Sep 30, 2021 18.73%
Jun 30, 2021 4.24%