At&T (TBB) Free Cash Flow (2009 - 2026)

At&T (TBB) posted quarterly Free Cash Flow of $2.7 billion for Q1 2026, down 43.04% YoY from $4.8 billion in Q1 2025, and down 40.12% sequentially from $4.5 billion in Q4 2025.

At&T (TBB) Free Cash Flow (2009 - 2026) Analysis & Trends

At&T has disclosed Free Cash Flow across 18 years of filings, most recently posting $2.7 billion for Q1 2026.

  • In Q1 2026, Free Cash Flow fell 43.04% year-over-year to $2.7 billion; the TTM figure through Mar 2026 stood at $17.4 billion (down 10.79% YoY), while the FY2025 annual figure was $19.4 billion, up 5.05% from the prior year.
  • Free Cash Flow fell to $2.7 billion in Q1 2026, from $4.5 billion in the prior quarter.
  • Over the last five years, Free Cash Flow for TBB reached as high as $6.8 billion in Q4 2023 and fell as low as $2.3 billion in Q1 2023.
  • The 5-year median for Free Cash Flow is $4.8 billion (2025), against an average of $4.5 billion.
  • Annual changes were most pronounced in 2022 — Free Cash Flow tumbled 55.1% — and 2023, when it surged 99.58%.
  • 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 tumbled by 40.12% to $2.7 billion in 2026.
  • According to Business Quant data, Free Cash Flow over the past three periods registered $2.7 billion, $4.5 billion, and $5.3 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 1,360.11 Bn 465.10 Bn - -
2 T-Mobile US 190.40 Bn 186.88 Bn 17.62 Bn 4.60 Bn
3 Verizon Communications 176.65 Bn 169.60 Bn 27.94 Bn 3.78 Bn
4 At&T 143.78 Bn 133.82 Bn 25.25 Bn 2.72 Bn
5 Telecom Argentina 27.29 Bn -708.89 Bn - -
6 Charter Communications 17.55 Bn 21.72 Bn - 1.45 Bn
7 Millicom International Cellular 15.13 Bn 13.99 Bn - 759.00 Mn
8 Globalstar 10.40 Bn 10.04 Bn 46.63 Mn 30.74 Mn
9 Sify Technologies 7.22 Bn 7.17 Bn 54.72 Mn -
10 At&T - - 25.25 Bn 2.72 Bn

Historic Data

Download Data
DateValue
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