Launch Catch-Up — Results Announced October 21, 2026
AT&T reported October 21 that third-quarter revenue rose 5.3% from a year earlier to $32.3 billion. Operating income fell to $4.1 billion from $6.1 billion.
The company recorded a $2.6 billion noncash impairment connected to its Mexico wireless business, which it had classified as held for sale. Employee separation charges also affected results.
Diluted earnings from continuing operations fell to 13 cents a share from $1.29. The earlier quarter included a gain on the sale of AT&T’s DIRECTV investment, complicating that comparison. Adjusted earnings, which exclude specified items, rose to 65 cents from 54 cents.
AT&T reported 442,000 net fiber additions, 327,000 fixed-wireless additions and 379,000 postpaid phone additions. Operating cash from continuing operations reached $10.5 billion, compared with $10.2 billion a year earlier.
The company raised its 2026 adjusted earnings outlook to around $2.40 a share. That projection remains a forecast.
Sources AT&T — October 21 quarterly results: https://about.att.com/story/2026/3q-earnings.html