T AT&T (T) Q1 FY26 earnings call
AT&T delivered a strong first quarter, driven by robust customer growth in fiber and 5G, and accelerated convergence of fixed and mobile services. The early close of the Lumin acquisition significantly expanded the fiber footprint, while the company continues its strategic shift towards network value over device subsidies. Despite increased capital investments and the ongoing decline in legacy services, AT&T remains focused on its cost transformation and network modernization to support future AI-enabled connectivity.
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T operating KPIs by quarter
| KPI | Mar 2025 Q1 FY25 | Sep 2025 Q3 FY25 | This call Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Sep 2026 Q3 FY26 | Change vs prior quarter |
|---|---|---|---|---|---|---|
| Postpaid phone net additions Mobility | 324KService revenue growth was primarily driven by strong customer growth, including 324,000 postpaid phone net adds as well as continued postpaid phone ARPU growth.Source: earnings call transcript | 405KWe reported 405,000 postpaid phone net adds, which is up slightly from the third quarter of last year.Source: earnings call transcript | 294KOur wireless service revenue growth was primarily driven by growth in our customer base, including 294,000 postpaid phone net adds in the first quarter.Source: earnings call transcript | 432KWireless service revenues grew 3.3% year-over-year, driven by growth in our customer base, including 432,000 postpaid phone net adds and the uplift from pricing actions that took effect during the second quarter.Source: earnings call transcript | 379KThis approach resulted in 379,000 postpaid phone net adds during a competitive third quarter, with stable year-over-year postpaid phone churn of 0.92% and strong margin contribution.Source: earnings call transcript | -12.3% |
| Postpaid phone churn Mobility | 0.83%Postpaid phone churn of 0.83% was up 11 basis points from the first quarter last year.Source: earnings call transcript | 0.92%Postpaid phone churn was 0.92%, up 14 basis points versus a year ago.Source: earnings call transcript | — | — | 0.92%This approach resulted in 379,000 postpaid phone net adds during a competitive third quarter, with stable year-over-year postpaid phone churn of 0.92% and strong margin contribution.Source: earnings call transcript | — |
| Fiber net additions Consumer Wireline | 261KWe delivered 261,000 AT&T Fiber net adds, up from 252,000 in the first quarter of last year.Source: earnings call transcript | 288KWe added 288,000 AT&T fiber customers during the third quarter, reflecting seasonal tailwinds and the continued expansion of our fiber footprint.Source: earnings call transcript | 273KThis was our best ever first quarter, and included 273,000 fiber net adds and 239,000 Internet Air net adds.Source: earnings call transcript | — | 416KWe achieved 696,000 Advanced Home Internet net adds in the third quarter, including 416,000 AT&T Fiber net adds and 280,000 Internet Air net adds.Source: earnings call transcript | — |
| Fixed wireless access net additions AT&T Internet Air | 181KAT&T Internet Air net adds were 181,000 in the quarter, which is a significant improvement from a year ago, driven by broader availability across our distribution channels.Source: earnings call transcript | 270KWe also reported 270,000 AT&T Internet Air net adds, doubling our subscriber gains year-over-year.Source: earnings call transcript | 239KThis was our best ever first quarter, and included 273,000 fiber net adds and 239,000 Internet Air net adds.Source: earnings call transcript | — | 280KWe achieved 696,000 Advanced Home Internet net adds in the third quarter, including 416,000 AT&T Fiber net adds and 280,000 Internet Air net adds.Source: earnings call transcript | — |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.