AT&T Q2 2026 Earnings Beat on Subscriber Growth
AT&T reported second-quarter 2026 results on July 22 that exceeded analyst expectations, driven by strong subscriber growth in both wireless and internet segments. Adjusted earnings per share came in at $0.65, beating the $0.59 consensus forecast, while revenue rose 2.3% year-over-year to $31.6 billion. The company added 432,000 postpaid phone net subscribers, well above the 338,500 forecast, with postpaid phone churn at 0.86%. Internet subscriber growth totaled 646,000 net additions, including a record 367,000 fiber and 279,000 fixed wireless additions. AT&T's advanced connectivity segment revenue grew 5.1% with operating income up 20.3%. CEO John Stankey announced accelerating share repurchases to approximately $10 billion for the year, up from a prior $8 billion plan. The company maintained its full-year outlook for adjusted EPS of $2.25-$2.35 and free cash flow of at least $18 billion, with a commitment to distribute $45 billion or more to shareholders by 2028.
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