AT&T Inc.'s trailing twelve-month revenue reached $127.24 billion as of 2026-06-30, reflecting year-over-year revenue growth of 2.30%, according to a SEC filing dated 2026-07-23 [Brief - 2026-09-27]. No additional material press events or public disclosures were identified in the period leading up to this report's generation date of 2026-10-05.
As of 2026-06-30, AT&T reported a net income of $21.56 billion on a trailing twelve-month basis, with an operating margin of 20.12% and a net margin of 16.94%. Earnings per share grew 6.45% year-over-year. The company held $17.57 billion in cash against total debt of $144.04 billion. The price-to-earnings ratio stood at 8.07 at the time of reporting [SEC 10-Q - T - 2026-06-30].
Insider activity recorded four transactions in October 2026, with a mixed net direction and a net value of zero, indicating no material net accumulation or disposition among reporting insiders [SEC Form 4 - T - 2026-10]. On the institutional side, four notable funds opened new positions in AT&T during the most recent 13F reporting period: Citadel (Ken Griffin), AQR Capital (Cliff Asness), Millennium (Izzy Englander), and Bridgewater (Ray Dalio) [SEC 13F - Citadel - Q3 2026] [SEC 13F - AQR Capital - Q3 2026] [SEC 13F - Millennium - Q3 2026] [SEC 13F - Bridgewater - Q3 2026]. These simultaneous new positions across multiple large institutional filers constitute the primary trigger for this report.
The prevailing interest rate environment shows the 10-year US Treasury yield at 5.24% and the 2-year at 4.78%, producing a normal yield curve with a spread of 46 basis points [FRED DGS10] [FRED DGS2]. AT&T carries a substantial debt load of $144.04 billion, making the broader rate environment a relevant data point in contextualising the company's financing costs and debt servicing obligations as of the reporting period.