NYSE$T
AT&T Inc · Q4 2025 earnings
Q4 2025 earnings · · Before market open · Investor relations
Briefing
AT&T reported Q4 2025 revenue of $33.5B with net income of $4.2B and adjusted EPS of $0.52.
Fourth-quarter consolidated revenues were $33.5 billion as converged fiber and 5G customer growth drove performance. The company met or exceeded all 2025 consolidated financial guidance. Management provided a long-term outlook for improved adjusted EBITDA and adjusted EPS growth and higher free cash flow, citing continued investment in fiber and wireless convergence.
- Q4 revenue $33.5B; adjusted EPS $0.52.
- Met or exceeded all 2025 consolidated guidance.
- Fiber and 5G convergence driving customer growth.
- Long-term outlook targets higher free cash flow.
Headline financials
Revenue & EPS history
AT&T · Revenue · Quarterly
$33.5B
Revenue by segment
AT&T · $29.2B total across 3 segments · Q3 2023
- Mobility$20.7B+2.0%70.8%
- Business Wireline$5.22B-7.9%17.9%
- Consumer Wireline$3.33B+4.6%11.4%
Forward guidance
The release discusses T's outlook for upcoming periods, including capital allocation, operating priorities, and market risks.
Tailwinds
- T cites operational execution and demand trends supporting the outlook.
- Balance sheet and capital actions aim to fund growth and shareholder returns.
Headwinds
- Macro, pricing, and input-cost volatility could pressure margins.
- Segment mix and one-time items may affect quarter-to-quarter comparability.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2025
-0.2%
Avg return
Earnings day
+0.3%
Avg return
5 days after
+0.8%
Avg return
30 days after
48%
35 / 73 earnings
Positive
+10.0%
Q3 2022
Best reaction
-10.2%
Q2 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.9% | -1.4% | -2.3% | |
| Q4 2025 | +4.0% | +14.3% | +21.8% | |
| Q3 2025 | -1.7% | -2.0% | -0.5% | |
| Q2 2025 | +1.2% | +2.0% | +4.1% | |
| Q1 2025 | +0.9% | +1.1% | +1.7% | |
| Q4 2024 | +6.3% | +4.4% | +16.9% | |
| Q3 2024 | +3.3% | +2.8% | +7.8% | |
| Q2 2024 | +5.4% | +3.8% | +8.3% | |
| Q1 2024 | +0.5% | +3.2% | +6.1% | |
| Q4 2023 | -0.1% | +0.3% | -2.3% | |
| Q3 2023 | +7.4% | +8.4% | +11.0% | |
| Q2 2023 | -2.0% | -1.9% | -4.7% | |
| Q1 2023 | -7.5% | -11.1% | -17.2% | |
| Q4 2022 | +4.4% | +5.2% | +0.4% | |
| Q3 2022 | +10.0% | +13.8% | +22.1% | |
| Q2 2022 | -10.2% | -10.6% | -10.0% | |
| Q1 2022 | +0.5% | -0.7% | +5.0% | |
| Q4 2021 | -8.9% | -3.7% | -9.7% | |
| Q3 2021 | -1.6% | -2.1% | -6.9% | |
| Q2 2021 | +0.3% | +1.0% | -1.2% | |
| Q1 2021 | +4.3% | +2.2% | -0.3% | |
| Q4 2020 | -3.2% | -3.7% | -6.3% | |
| Q3 2020 | +4.1% | +0.7% | +6.0% | |
| Q2 2020 | -1.9% | -1.6% | -1.6% | |
| Q1 2020 | -1.2% | +2.2% | +0.0% | |
| Q4 2019 | -3.0% | -4.2% | -8.7% | |
| Q3 2019 | +3.1% | +5.5% | +2.0% | |
| Q2 2019 | +5.4% | +7.0% | +8.5% | |
| Q1 2019 | -5.5% | -3.8% | +0.5% | |
| Q4 2018 | -2.1% | -3.6% | +0.4% | |
| Q3 2018 | -9.2% | -10.2% | -11.1% | |
| Q2 2018 | -2.4% | +0.3% | +4.8% | |
| Q1 2018 | -5.5% | -6.6% | -7.1% | |
| Q4 2017 | +4.6% | -2.2% | -2.9% | |
| Q3 2017 | -5.0% | -3.6% | -1.1% | |
| Q2 2017 | +4.9% | +7.6% | +4.0% | |
| Q1 2017 | +1.0% | -1.0% | -4.5% | |
| Q4 2016 | +1.0% | +1.1% | +2.4% | |
| Q3 2016 | -1.7% | -2.6% | +0.7% | |
| Q2 2016 | +0.9% | -0.8% | -4.0% | |
| Q1 2016 | +1.3% | — | — | |
| Q4 2015 | +1.4% | — | — | |
| Q3 2015 | +0.4% | — | — | |
| Q2 2015 | +0.0% | — | — | |
| Q1 2015 | +4.8% | — | — | |
| Q4 2014 | -1.5% | — | — | |
| Q3 2014 | -2.8% | — | — | |
| Q2 2014 | -1.3% | — | — | |
| Q1 2014 | -3.2% | — | — | |
| Q4 2013 | -0.6% | — | — | |
| Q3 2013 | -1.7% | — | — | |
| Q2 2013 | -0.5% | — | — | |
| Q1 2013 | -4.3% | — | — | |
| Q4 2012 | +0.7% | — | — | |
| Q3 2012 | -1.4% | — | — | |
| Q2 2012 | -0.1% | — | — | |
| Q1 2012 | -0.3% | — | — | |
| Q4 2011 | -0.3% | — | — | |
| Q3 2011 | +0.3% | — | — | |
| Q2 2011 | -3.7% | — | — | |
| Q1 2011 | +0.4% | — | — | |
| Q4 2010 | -0.7% | — | — | |
| Q3 2010 | -0.9% | — | — | |
| Q2 2010 | +0.4% | — | — | |
| Q4 2009 | +0.4% | — | — | |
| Q1 2009 | -2.6% | — | — | |
| Q1 2010 | +0.6% | — | — | |
| Q4 2007 | -0.4% | — | — | |
| Q2 2008 | +1.6% | — | — | |
| Q3 2009 | +1.6% | — | — | |
| Q3 2008 | +1.6% | — | — | |
| Q2 2009 | -2.8% | — | — | |
| Q4 2008 | -2.8% | — | — |
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