At&T (T) Net Margin (2009 - 2026)
At&T's (T) quarterly Net Margin came in at 14.55% in Q2 2026, up 8.0% year-over-year from 13.47% in Q2 2025, and up 20.84% quarter-over-quarter from 12.04% in Q1 2026.
Analysis
At&T (T) Net Margin (2009 - 2026) Analysis & Trends
At&T (T) has reported Net Margin for 18 consecutive years, with 14.55% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Net Margin rose 8.0% year-over-year to 14.55% in Q2 2026; TTM through Jun 2026 was 16.83%, a 662.0% increase from a year earlier, with the FY2025 full-year figure at 17.42%, up 864.0% from the prior year.
- Net Margin was 14.55% for Q2 2026 at At&T, up from 12.04% 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 8.5% and a median of 13.16% in 2022 frame the typical range for Net Margin.
- Across the five-year window, Net Margin sank 9126 bps in 2022 and jumped 8187 bps in 2023, its largest moves.
- Over 5 years, Net Margin stood at 75.2% in 2022, then surged by 109 bps to 6.67% in 2023, then surged by 87 bps to 12.48% in 2024, then decreased by 10 bps to 11.21% in 2025, then grew by 30 bps to 14.55% in 2026.
- The last three Net Margin figures came in at 14.55% (Q2 2026), 12.04% (Q1 2026), and 11.21% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 207.36 Bn | 205.61 Bn | 27.03 Bn | 11.53% |
| 2 | T-Mobile US | 192.37 Bn | 189.55 Bn | 17.74 Bn | 14.43% |
| 3 | At&T | 174.39 Bn | 156.82 Bn | 25.25 Bn | 14.55% |
| 4 | Chunghwa Telecom | 34.46 Bn | 31.88 Bn | 728.80 Mn | 18.36% |
| 5 | Rogers Communications | 20.60 Bn | 23.90 Bn | 1.77 Bn | -12.93% |
| 6 | Telefonica Brasil | 19.00 Bn | 17.31 Bn | 1.42 Bn | 9.98% |
| 7 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 14.91 Bn | -56,572.09 Bn | - | - |
| 8 | Telus | 14.48 Bn | 13.37 Bn | - | -18.51% |
| 9 | Bce | 14.36 Bn | 14.24 Bn | - | 9.03% |
| 10 | Kt | 9.57 Bn | 11.02 Bn | - | 1.45% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.55% |
| 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% |