AT&T Inc. (T) delivered mixed results in Q2 FY2026 on revenue of $31.6B versus the $31.8B estimate (+2.3% YoY) and EPS of $0.65. The next AT&T Inc. (T) earnings date is Oct 28, 2026. Below is the full AT&T Inc. earnings breakdown — the risk-adjusted verdict, price forecast, technicals, options and hedge-fund 13F holdings, decoded in plain English.
AT&T Inc. (T) Earnings Analysis — key stats
Next earnings date
Oct 28, 2026
Latest reported quarter
Q2 FY2026
Earnings verdict
Mixed
EPS beat rate
5 of last 8 (quarters above estimate)
Avg next-day move
±4.4% (over the last 8 reports)
Post-earnings direction
Up 7 / Down 1 (of the last 8 reports)
Implied move (next report)
±14.7% (options-derived · into Oct 28, 2026)
Institutional ownership
53.9% (13F as of 2026-06-30)
Top 10 holders
31.9% (of shares outstanding)
Insider activity
12 buys / 0 sells (recent Form 4 filings)
Revenue
$31.6B (vs $31.8B est · -0.7% surprise · +2.3% YoY)
EPS
$0.65 (vs $0.59 est · +10.2% surprise · +6.5% YoY)
Share price
$24.88 (+1.2%)
Market cap
$170.5B
AT&T Inc. (T) Earnings Analysis — beat / miss history
Quarter
Revenue
EPS
EPS surprise
Next-day move
Verdict
Q3 FY2026
$31.6B vs $31.8B est
$0.65 vs $0.59 est
+10.2%
+3.1%
Mixed
Q2 FY2026
$31.5B vs $31.2B est
$0.57 vs $0.55 est
+3.3%
+2.8%
Mixed
Q1 FY2026
$33.5B vs $32.9B est
$0.52 vs $0.46 est
+12.4%
+9.3%
Mixed
Q4 FY2025
$30.7B vs $30.9B est
$0.54 vs $0.54 est
+0.6%
-5.5%
In line
Q3 FY2025
$30.8B vs $30.5B est
$0.54 vs $0.53 est
+1.9%
+1.8%
In line
Q2 FY2025
$30.6B vs $30.4B est
$0.51 vs $0.51 est
+0.2%
+2.1%
In line
Q1 FY2025
$32.3B vs $32.0B est
$0.54 vs $0.50 est
+8.4%
+7.4%
Mixed
Q4 FY2024
$30.2B vs $30.4B est
$0.60 vs $0.57 est
+5.4%
+3.3%
Mixed
Top institutional holders
Holder
% outstanding
Shares
Value
QoQ change
Blackrock, INC.
8.0%
559.4M
$11.6B
-0.3%
Vanguard Capital Management LLC
6.5%
453.6M
$9.4B
-0.3%
State Street Corp
4.8%
334.3M
$6.9B
+5.8%
Newport Trust CO
2.6%
178.7M
$3.7B
-0.4%
Geode Capital Management, LLC
2.5%
177.0M
$3.7B
+1.2%
Undisclosed filer
1.9%
134.3M
$2.8B
+0.6%
Bank Of America Corp /De/
1.6%
111.6M
$2.3B
-10.8%
Morgan Stanley
1.5%
106.3M
$2.2B
+1.0%
Jpmorgan Chase & CO
1.4%
96.9M
$2.1B
-18.0%
Norges Bank
1.1%
79.3M
$1.6B
+100.0%
Recent insider transactions
Insider
Role
Date
Type
Shares
Value
STANKEY JOHN T
director, officer: CEO & President
2026-07-31
Buy
928
$21574
Desroches Pascal
officer: Sr. Exec VP and CFO
2026-07-31
Buy
3K
$81084
Lee Lori M
officer: Global Mktg Ofr & SEVP Intl
2026-07-31
Buy
500
$11616
McElfresh Jeffery S.
officer: Chief Operating Officer
2026-07-31
Buy
3K
$62544
Ubinas Luis A
director
2026-07-31
Buy
869
—
TAYLOR CINDY B
director
2026-07-31
Buy
3K
—
ROSE MATTHEW K
director
2026-07-31
Buy
4K
—
MOONEY BETH E
director
2026-07-31
Buy
2K
—
What you'll find
Next AT&T Inc. (T) earnings date, the expected move and the estimates priced in
A clear Beat / Miss / In-line / Mixed verdict the moment AT&T Inc. reports
Revenue & EPS versus estimates, guidance and segment trends
Multi-lens price forecast — analyst, quant, technical and options views
Deep research: red flags, risk decoder and earnings-call sentiment
Technicals, options / implied volatility and unusual-activity signals
Hedge-fund and legendary-investor 13F holdings in AT&T Inc. (T)
Side-by-side peer and historical earnings comparison
Frequently asked questions
When is AT&T Inc.'s next earnings date?
AT&T Inc.'s (T) next scheduled earnings date is Oct 28, 2026. Magnisto shows the confirmed date, the options-implied expected move and the revenue and EPS estimates Wall Street is modeling into the report.
Did AT&T Inc. (T) beat or miss earnings?
In Q2 FY2026, AT&T Inc. (T) posted mixed results — revenue of $31.6B versus the $31.8B estimate (-0.7% surprise) and EPS of $0.65 versus $0.59 expected (+10.2% surprise). Magnisto decodes every AT&T Inc. (T) report into a clear Beat, Miss, In-line or Mixed verdict and checks whether guidance was raised, held or cut.
How often does AT&T Inc. beat earnings estimates?
Over its last 8 reported quarters, AT&T Inc. (T) beat Wall Street EPS estimates 5 times, most recently a mixed result in Q3 FY2026. Magnisto tracks every AT&T Inc. (T) quarter's revenue and EPS versus consensus and grades each one Beat, Miss, In-line or Mixed at a unified ±2% threshold.
How much does AT&T Inc. stock move after earnings?
Over its last 8 quarterly reports, AT&T Inc. (T) moved an average of ±4.4% the day after earnings — ranging from -5.5% (Q4 FY2025) to +9.3% (Q1 FY2026). The stock rose after 7 of those 8 reports and fell after 1. Heading into its next report on Oct 28, 2026, options-implied volatility is pricing in a move of roughly ±14.7% (derived). Magnisto tracks the realized post-earnings move for every AT&T Inc. (T) quarter alongside the beat/miss verdict — past moves don't predict the next one.
Who are the largest shareholders of AT&T Inc.?
Institutions hold about 53.9% of AT&T Inc.'s (T) shares outstanding as of the 2026-06-30 13F quarter. Its largest institutional holders include Blackrock, INC. (8.0%), Vanguard Capital Management LLC (6.5%), State Street Corp (4.8%). Magnisto lists AT&T Inc.'s (T) top 13F holders with each stake size and its quarter-over-quarter change.
Are insiders buying or selling AT&T Inc. (T)?
In the most recent Form 4 filings Magnisto tracks, AT&T Inc. (T) insiders recorded 12 purchases and 0 sales — net buying. Insider transactions are one signal among many and are often routine (option exercises or scheduled 10b5-1 sales), so Magnisto shows the raw feed for you to judge.
What is the forecast for AT&T Inc. (T) stock?
Magnisto blends analyst price targets, quantitative research, technical trend and options-implied moves into a scenario range for AT&T Inc. (T), anchored to the current $24.88 share price, so you can weigh the bull, base and bear cases for AT&T Inc. side by side.
Is AT&T Inc. (T) a buy right now?
Magnisto does not give buy or sell tips. It gives you the institutional-grade evidence — the verdict, valuation, risks, technicals and hedge-fund 13F flows — so you can decide whether AT&T Inc. fits your own thesis and risk profile. This is research, not investment advice.