AI English summary of an SEC filing — figures as filed
AT&T TAT&T said first-quarter Q1 2026 income from continuing operations totaled $4.2 billion, or $0.54 per diluted share, and operating revenues were $31.5 billion, up 2.9%. Income from continuing operations in the first quarter of Q1 2025 was $4.7 billion, or $0.61 per diluted share.
Key points
AI summaryAT&T said first-quarter Q1 2026 income from continuing operations totaled $4.2 billion, or $0.54 per diluted share, and operating revenues were $31.5 billion, up 2.9%. Income from continuing operations in the first quarter of Q1 2025 was $4.7 billion, or $0.61 per diluted share.
The company said operating income in the first quarter of Q1 2026 was $6.7 billion, compared to $5.8 billion in Q1 2025, and operating income margin was 21.1%, compared to 18.8% in Q1 2025. Operating expenses were $24.8 billion, down 0.1%.
AT&T said it closed its transaction with Lumen Technologies, Inc. on February 2, 2026 and acquired substantially all of Lumen's mass markets fiber business. The acquisition was placed in a wholly owned subsidiary, Forged Fiber 37 Services, LLC, and the company plans to sell a controlling interest to an equity partner, so Forged Fiber is reflected as discontinued operations.
The company said cash from operating activities from continuing operations in the first quarter of Q1 2026 was $7.6 billion, down $1.5 billion from the prior year, and capital expenditures were $4.9 billion. It repurchased $2.3 billion of common stock under the 2024 Authorization in the quarter, and the amount remaining under authorization as of March 31 was $13.5 billion.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
First-Quarter Q1 2026 Income from Continuing Operations and Revenues
AT&T said first-quarter Q1 2026 income from continuing operations totaled $4.2 billion, or $0.54 per diluted share, and operating revenues were $31.5 billion, up 2.9%. Income from continuing operations in the first quarter of Q1 2025 was $4.7 billion, or $0.61 per diluted share.
Source · Based on the filing body and exhibits
First-Quarter Q1 Operating Income and Operating Income Margin
The company said operating income in the first quarter of Q1 2026 was $6.7 billion, compared to $5.8 billion in Q1 2025, and operating income margin was 21.1%, compared to 18.8% in Q1 2025. Operating expenses were $24.8 billion, down 0.1%.
Source · Based on the filing body and exhibits
Lumen Fiber Business Acquisition and Forged Fiber Disposition Plan
AT&T said it closed its transaction with Lumen Technologies, Inc. on February 2, 2026 and acquired substantially all of Lumen's mass markets fiber business. The acquisition was placed in a wholly owned subsidiary, Forged Fiber 37 Services, LLC, and the company plans to sell a controlling interest to an equity partner, so Forged Fiber is reflected as discontinued operations.
Source · Based on the filing body and exhibits
First-Quarter Q1 Cash Flows and Share Repurchases
The company said cash from operating activities from continuing operations in the first quarter of Q1 2026 was $7.6 billion, down $1.5 billion from the prior year, and capital expenditures were $4.9 billion. It repurchased $2.3 billion of common stock under the 2024 Authorization in the quarter, and the amount remaining under authorization as of March 31 was $13.5 billion.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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