T
AT&T Inc.24.07
-0.24-0.99%
Dec 16, 4:00:33 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
172.11BP/E (TTM)
7.84Basic EPS (TTM)
3.07Dividend Yield
0.05%Recent Filings
10-Q
Q3 FY2025 results
AT&T posted solid Q3 results, with total operating revenues up 1.6% y/y to $30.7B, driven by 3.1% Mobility growth to $21.7B and 4.1% Consumer Wireline gains to $3.6B, though Business Wireline dipped 7.8% to $4.2B on legacy declines. Operating income surged to $6.1B from $2.1B y/y, reflecting no repeat of last year's $4.4B impairments, yielding a 19.9% margin versus 7.0%; diluted EPS jumped to $1.29 from a $0.03 loss. Net income hit $9.7B, boosted by a $5.5B DIRECTV sale gain, while YTD operating cash flow rose 7.8% to $29.0B and free cash flow (derived) climbed to $14.9B from $13.5B. Cash swelled to $20.3B on $14.0B debt issuance, funding $2.7B stock buybacks and $6.2B dividends; total debt stands at $139.5B with $12.0B revolver available. Pending $5.8B Lumen fiber buy and $23.0B EchoStar spectrum deal aim to bolster broadband and 5G. Yet regulatory hurdles on spectrum use loom large.
8-K
AT&T Q3 beats on fiber, mobility
AT&T posted Q3 revenues of $30.7 billion, up 1.6% year-over-year, fueled by 2.3% mobility service growth and 16.8% fiber broadband surge, while business wireline dipped 7.8% from legacy declines. Adjusted EPS held steady at $0.54, with free cash flow climbing to $4.9 billion; the DIRECTV sale boosted net income to $9.7 billion. Convergence shines: 41% of fiber households pair with mobility. Key deals—Lumen fiber for $5.75 billion and EchoStar spectrum for $23 billion—eye 2026 closes, promising long-term accretion but short-term leverage spike to 3.0x.
8-K
AT&T closes $5.0B notes issuance
AT&T closed its issuance of $1.15 billion in 4.550% notes due 2032, $1.25 billion in 4.900% notes due 2035, $1.1 billion in 5.550% notes due 2045, and $1.5 billion in 5.700% notes due 2054 on September 24, 2025, under an underwriting agreement dated September 18. The notes, registered via Form S-3, provide long-term funding amid steady market conditions. No use of proceeds disclosed. This bolsters AT&T's debt profile, yet extends maturities far out.
8-K
AT&T closes €2.25B notes
AT&T closed its €2,250,000,000 issuance of Floating Rate Global Notes due 2027 on September 16, 2025, under an underwriting agreement dated September 9. The notes, governed by a 2013 indenture, were registered via Form S-3 and aim to bolster liquidity amid ongoing debt management. No use of proceeds disclosed. This extends maturities but adds to AT&T's leverage.
8-K
AT&T buys $23B spectrum
AT&T agreed to buy 600 MHz low-band and 3.45 GHz mid-band spectrum licenses from EchoStar for $23 billion in cash, covering over 400 U.S. markets to bolster its 5G network. This deal accelerates converged 5G and home internet growth while cutting cell site buildouts for efficiency. Closing eyes mid-2026 after regulatory nods. No material hit to 2025 guidance.
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