At&T (TBB) Free Cash Flow (2009 - 2026)
At&T (TBB) reported Free Cash Flow of $2.7 billion for Q1 2026, down 43.04% year-over-year from $4.8 billion in Q1 2025, and down 40.12% quarter-over-quarter from $4.5 billion in Q4 2025.
At&T (TBB) Free Cash Flow (2009 - 2026) Analysis & Trends
At&T (TBB) has 18 years of Free Cash Flow data on file, last reported at $2.7 billion in Q1 2026.
- Free Cash Flow for Q1 2026 came in at $2.7 billion, down 43.04% year-over-year; the trailing twelve-month figure through Mar 2026 was $17.4 billion (down 10.79% YoY), and the FY2025 annual result was $19.4 billion, up 5.05% from the prior year.
- Free Cash Flow eased to $2.7 billion in Q1 2026 per TBB's latest filing, from $4.5 billion in the prior quarter.
- Over five years, Free Cash Flow peaked at $6.8 billion in Q4 2023 and troughed at $2.3 billion in Q1 2023.
- A 5-year average of $4.5 billion and a median of $4.8 billion in 2025 frame the typical range for Free Cash Flow.
- The sharpest annual moves came in 2022 and 2023: Free Cash Flow sank 55.1% in 2022, then surged 99.58% in 2023.
- A 5-year view of Free Cash Flow shows it stood at $6.1 billion in 2022, then gained by 10.75% to $6.8 billion in 2023, then retreated by 25.44% to $5.1 billion in 2024, then decreased by 10.17% to $4.5 billion in 2025, then sank by 40.12% to $2.7 billion in 2026.
- Business Quant data shows TBB's Free Cash Flow at $2.7 billion in Q1 2026, $4.5 billion in Q4 2025, and $5.3 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Bce | 382.57 Bn | 381.58 Bn | - | 1.45 Bn |
| 2 | T-Mobile US | 195.94 Bn | 192.42 Bn | 17.62 Bn | 4.60 Bn |
| 3 | Verizon Communications | 190.78 Bn | 183.73 Bn | 27.94 Bn | 3.78 Bn |
| 4 | At&T | 159.64 Bn | 149.68 Bn | 25.25 Bn | 2.72 Bn |
| 5 | Telefonica Brasil | 146.21 Bn | 144.47 Bn | 1.32 Bn | - |
| 6 | America Movil Sab De Cv | 128.31 Bn | 126.27 Bn | 10.13 Bn | -1.23 Bn |
| 7 | Chunghwa Telecom | 109.39 Bn | 107.21 Bn | 719.92 Mn | 143.98 Mn |
| 8 | Millicom International Cellular | 106.22 Bn | 104.67 Bn | - | 759.00 Mn |
| 9 | Veon | 82.81 Bn | 80.59 Bn | - | 396.00 Mn |
| 10 | At&T | - | - | 25.25 Bn | 2.72 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.72 Bn |
| Mar 31, 2026 | 2.72 Bn |
| Dec 31, 2025 | 4.54 Bn |
| Dec 31, 2025 | 4.54 Bn |
| Sep 30, 2025 | 5.27 Bn |
| Sep 30, 2025 | 5.27 Bn |
| Jun 30, 2025 | 4.87 Bn |
| Jun 30, 2025 | 4.87 Bn |
| Mar 31, 2025 | 4.77 Bn |
| Mar 31, 2025 | 4.77 Bn |
| Dec 31, 2024 | 5.05 Bn |
| Dec 31, 2024 | 5.05 Bn |
| Sep 30, 2024 | 4.93 Bn |
| Sep 30, 2024 | 4.93 Bn |
| Jun 30, 2024 | 4.73 Bn |
| Jun 30, 2024 | 4.73 Bn |
| Mar 31, 2024 | 3.79 Bn |
| Mar 31, 2024 | 3.79 Bn |
| Dec 31, 2023 | 6.78 Bn |
| Dec 31, 2023 | 6.78 Bn |