A SEC filing dated 2026-07-23 confirmed AT&T Inc.'s trailing twelve-month revenue reached $127.24 billion as of 2026-06-30, representing year-over-year revenue growth of 2.30% [Brief - 2026-08-15]. No additional material press events or public disclosures were identified for the period ending 2026-06-30 beyond the filing itself. The company's earnings per share grew 6.45% year-over-year over the same trailing period [Brief - 2026-08-15].
AT&T's financials for the twelve months ending 2026-06-30 show net income of $21.56 billion on revenue of $127.24 billion, producing a net margin of 16.94% and an operating margin of 20.12% [SEC 10-Q - T - 2026-06-30]. The company held $17.57 billion in cash against total debt of $144.04 billion, reflecting a heavily leveraged balance sheet [SEC 10-Q - T - 2026-06-30]. The reported price-to-earnings ratio stood at 8.49 as of the filing date [SEC 10-Q - T - 2026-06-30].
Insider activity in September 2026 comprised four transactions with a mixed net direction and a net value of zero, indicating offsetting activity rather than a pronounced directional pattern [SEC Form 4 - T - 2026-09]. On the institutional side, four significant new positions were established during the most recent reporting period: Citadel, AQR Capital, Millennium, and Bridgewater each opened new positions in AT&T, representing the primary trigger for this report [SEC 13F - Citadel - Q2 2026] [SEC 13F - AQR Capital - Q2 2026] [SEC 13F - Millennium - Q2 2026] [SEC 13F - Bridgewater - Q2 2026].
The prevailing macro environment features a 10-year US Treasury yield of 4.83% and a 2-year yield of 4.39%, producing a normal yield curve shape [FRED DGS10] [FRED DGS2]. For a capital-intensive, highly indebted issuer such as AT&T, the absolute level of long-duration rates is a relevant input to refinancing costs on its $144.04 billion total debt load [SEC 10-Q - T - 2026-06-30]. The spread between the 2-year and 10-year yields stood at 44 basis points as of the generation date [FRED DGS10] [FRED DGS2].