$T

AT&T Delivers Strong Third-Quarter 2026 Results with Its Best Consolidated Service Revenue Growth in More Than Four Years

AT&T (NYSE: T) reported Q3 2026 revenues of $32.3B, up 5.3% YoY, with adjusted EPS of $0.65. The company added over 1M Advanced Connectivity customers and updated its outlook, raising 2026 adjusted EPS and lowering long-term capital investment. AT&T aims to reach 60M fiber locations by 2030 and expects service revenue growth in the low-single-digit range annually.

Original reporting
Published Oct 21, 2026, 10:30 AM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Oct 21, 2026, 10:33 AM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
AT&T Delivers Strong Third-Quarter 2026 Results with Its Best Consolidated Service Revenue Growth in More Than Four Years — source image
Decision brief

The 30-second read

$TBullishHigh
01

Why it matters

Earnings beat and raised guidance could trigger short covering and buying interest.

02

Market read

First report of AT&T's Q3 2026 earnings and updated guidance; material for traders.

03

What to watch

Potential downside from the $2.6B impairment on the Mexico wireless business and legacy revenue decline.

Relevance 8/10Novelty 8/10Timing: after-hours today

Background

Press release from AT&T announcing Q3 2026 earnings and outlook adjustments.

Company-level read

Ticker impact

$TBullishHigh confidence
Context

AT&T reported Q3 2026 results with higher revenue, EPS and raised 2026 adjusted EPS outlook.

Expected impact

likely upward pressure as the market prices in the earnings beat and higher EPS guidance

Evidence & confidence

Revenue up 5.3% YoY, adjusted EPS raised to $0.65, and a $4.8B shareholder return signal financial strength.

Market effects

Telecom sector may see broader rally on improved earnings outlook.

U.S. large‑cap telecoms could benefit from AT&T's guidance lift.

Limited to U.S. markets; no direct global macro impact.

Counterpoint

Investors may question the sustainability of fiber expansion costs and the pending Mexico asset sale.

Key entities

  • John Stankey

    AT&T Chairman and CEO who commented on results.

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$THighAI 8/10

AT&T adds record 769,000 internet customers in Q3 2026 earnings

AT&T reported Q3 2026 earnings with 769,000 new internet customers, 379,000 postpaid phone customers, and 1M+ Advanced Connectivity additions. Revenue was $32.3B (+5.3% YoY), adjusted EPS $0.65 (+20.4% YoY). Advanced home internet revenue rose 23.4% to $3.0B. The company took a $2.6B impairment charge on its Mexico wireless business. AT&T stock fell 10% after SpaceX's spectrum acquisition announcement.

$THighAI 8/10

Why is AT&T stock sliding today?

AT&T (T) stock is down 3.0% pre-market after Q3 2026 results showed mixed performance. EPS and revenue beat estimates, but wireless subscriber growth missed expectations. The company raised full-year EPS guidance and maintained its free cash flow target. Competitive pressures and a price target cut by Arete Research are also weighing on the stock.