AT&T Q4 Revenue Rises 3.6% to $33.5 Billion; Adjusted EPS $0.52 vs. $0.43
AT&T reported fourth-quarter 2025 revenue of $33.5 billion, up 3.6% year over year, and adjusted EPS of $0.52 versus $0.43 a year earlier, while diluted EPS fell to $0.53 from $0.56. The company also gave a multi-year outlook for 2026-2028, including 2026 adjusted EPS of $2.25 to $2.35, plans to return $45 billion or more to shareholders, and a new segment structure that separates Legacy copper operations from advanced connectivity.
Key points
- Q4 2025 revenue $33.5 billion vs. $32.3 billion a year earlier; net income $4.2 billion vs. $4.4 billion
- Full-year 2025 diluted EPS $3.04 vs. $1.49; adjusted EPS $2.12 vs. $1.95
- 2026 outlook: adjusted EPS $2.25 to $2.35, capital investment $23 billion to $24 billion, free cash flow $18 billion or more
- Plans to return $45 billion or more to shareholders during 2026-2028 and repurchase about $8 billion of stock in 2026
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 2:16 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 28, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.