What is the current annual gross margin of T?

As of today, T annual gross margin is 42.93%

What is 1-year change in T annual gross margin?

T annual gross margin is down -0.02% year-over-year

What is 3-year change in T annual gross margin?

T annual gross margin is down -0.07% over the past 3 years

How far is T annual gross margin from its all-time high?

T annual gross margin is currently -20.69% below its historical high of 54.13% set on December 31, 1996

How does T annual gross margin rank versus sector peers?

T annual gross margin is higher than 56.02% of companies in Communication Services sector

When is T next annual earnings release?

The next annual earnings release for T is on January 27, 2027

What is the current quarterly gross margin of T?

As of today, T quarterly gross margin is 46.10%

What is T quarterly gross margin most recent change?

T quarterly gross margin was up +0.02% on September 30, 2026

What is 1-year change in T quarterly gross margin?

T quarterly gross margin is up +4.30% year-over-year

How far is T quarterly gross margin from its all-time high?

T quarterly gross margin is currently -40.67% below its historical high of 77.70% set on December 31, 2001

How does T quarterly gross margin rank versus sector peers?

T quarterly gross margin is higher than 57.63% of companies in Communication Services sector

When is T next earnings release?

The next earnings release for T is on January 27, 2027

AT&T Inc. (T) Gross Margin History & Chart Since 1980

Annual Gross Margin

42.93%0.01%-0.02%

December 31, 2025

Summary

Current Value: As of today, T annual gross margin is 42.93%, down -0.02% on December 31, 2025
Historical Performance: T annual gross margin is down -0.07% over the past 3 years, up +16.44% over the past 5 years
All-Time High Comparison: T annual gross margin is currently -20.69% below its historical high of 54.13% set on December 31, 1996
3-Year Low Comparison: T annual gross margin is at its 3-year low
Sector Comparison: T annual gross margin is higher than 56.02% of companies in Communication Services sector

Gross Margin Chart

beforeafter

Performance

T Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Dec 31, 25	42.93%	-0.0%	-0.1%	+16.4%	+1.4%
Quarterly Gross Margin	Sep 30, 26	46.10%	+4.3%	+3.0%	+7.5%	+6.0%
Price	Nov 4, 26	$21.83	-10.7%	+37.5%	+16.5%	-0.9%
PE Ratio	Nov 4, 26	11.77	+48.2%	–	-93.8%	+4.3%
Annual Revenue	Dec 31, 25	$125.65B	+2.7%	+4.1%	-26.9%	+1.1%
Annual Gross Profit	Dec 31, 25	$53.94B	+2.7%	+4.0%	-14.8%	+2.5%
Annual Operating Margin	Dec 31, 25	83.38%	+320.5%	+331.1%	+457.0%	+429.4%
Annual Net Margin	Dec 31, 25	18.61%	+85.7%	+427.1%	+938.3%	+19.2%

Gross Margin Highs

T Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	43.72%	Dec 31, 23	-1.8%
5Y	43.72%	Dec 31, 23	-1.8%
All	54.13%	Dec 31, 96	-20.7%

Gross Margin Lows

T Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	42.93%	Dec 31, 25	at low
5Y	36.87%	N/A	+16.4%
All	0.00%	Dec 1, 80	N/A

Gross Margin History

Year	Value	Change
2025	42.93%	-0.0%
2024	42.94%	-1.8%
2023	43.72%	+1.8%
2022	42.96%	+3.2%
2021	41.61%	+12.9%
2020	36.87%	-3.0%
2019	38.01%	+3.1%
2018	36.86%	+1.4%
2017	36.34%	-2.5%
2016	37.28%	-5.2%
2015	39.33%	-2.7%
2014	40.44%	-11.6%
2013	45.74%	+7.8%
2012	42.43%	+5.5%
2011	40.22%	-5.0%
2010	42.35%	-1.0%
2009	42.79%	-2.2%
2008	43.74%	+1.4%
2007	43.13%	+5.4%
2006	40.92%	+5.4%
2005	38.82%	-0.1%
2004	38.84%	-2.8%
2003	39.96%	-10.2%

Year	Value	Change
2002	44.50%	+87.1%
2001	23.79%	+14.0%
2000	20.87%	-11.0%
1999	23.44%	-2.0%
1998	23.93%	-44.8%
1997	43.37%	-19.9%
1996	54.13%	+2.5%
1995	52.83%	+5.2%
1994	50.21%	+1.4%
1993	49.54%	+4.4%
1992	47.43%	+0.4%
1991	47.23%	+2.0%
1990	46.30%	>+9,900.0%
1989	0.00%	0.0%
1988	0.00%	0.0%
1987	0.00%	0.0%
1986	0.00%	0.0%
1985	0.00%	0.0%
1984	0.00%	0.0%
1983	0.00%	0.0%
1982	0.00%	0.0%
1981	0.00%	0.0%
1980	0.00%	-

FAQ

What is the current annual gross margin of T?: As of today, T annual gross margin is 42.93%
What is 1-year change in T annual gross margin?: T annual gross margin is down -0.02% year-over-year
What is 3-year change in T annual gross margin?: T annual gross margin is down -0.07% over the past 3 years
How far is T annual gross margin from its all-time high?: T annual gross margin is currently -20.69% below its historical high of 54.13% set on December 31, 1996
How does T annual gross margin rank versus sector peers?: T annual gross margin is higher than 56.02% of companies in Communication Services sector
When is T next annual earnings release?: The next annual earnings release for T is on January 27, 2027

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Quarterly Gross Margin

46.10%0.01%+0.02%

September 30, 2026

Summary

Current Value: As of today, T quarterly gross margin is 46.10%, up +0.02% on September 30, 2026
Historical Performance: T quarterly gross margin is up +4.30% year-over-year, up +2.95% over the past 3 years
All-Time High Comparison: T quarterly gross margin is currently -40.67% below its historical high of 77.70% set on December 31, 2001
3-Year Low Comparison: T quarterly gross margin is +16.98% above its 3-year low of 39.41% reached on December 31, 2024
Sector Comparison: T quarterly gross margin is higher than 57.63% of companies in Communication Services sector

Performance

T Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Sep 30, 26	46.10%	+0.0%	+4.3%	+3.0%	+7.5%
Annual Gross Margin	Dec 31, 25	42.93%	–	-0.0%	-0.1%	+16.4%
Price	Nov 4, 26	$21.83	-6.6%	-10.7%	+37.5%	+16.5%
PE Ratio	Nov 4, 26	11.77	+52.3%	+48.2%	–	-93.8%
Quarterly Revenue	Sep 30, 26	$32.32B	+2.4%	+5.3%	+6.5%	+3.2%
Quarterly Gross Profit	Sep 30, 26	$14.90B	+2.5%	+9.8%	+9.7%	+10.9%
Quarterly Operating Margin	Sep 30, 26	23.26%	-1.8%	+8.2%	+9.2%	+15.3%
Quarterly Net Margin	Sep 30, 26	4.04%	-74.7%	-87.2%	-68.0%	-74.8%

Quarterly Gross Margin Highs

T Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	46.10%	Sep 30, 26	at high
3Y	46.10%	Sep 30, 26	at high
5Y	46.10%	Sep 30, 26	at high
All	77.70%	Dec 31, 01	-40.7%

Quarterly Gross Margin Lows

T Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	40.40%	Dec 31, 25	+14.1%
3Y	39.41%	Dec 31, 24	+17.0%
5Y	39.41%	Dec 31, 24	+17.0%
All	-27.49%	Dec 31, 98	+267.7%

Quarterly Gross Margin History

Month	Value	Change
Sep 2026	46.10%	+0.0%
Jun 2026	46.09%	+3.9%
Mar 2026	44.35%	+9.8%
Dec 2025	40.40%	-8.6%
Sep 2025	44.20%	+1.4%
Jun 2025	43.59%	-0.4%
Mar 2025	43.76%	+11.0%
Dec 2024	39.41%	-11.8%
Sep 2024	44.67%	+0.2%
Jun 2024	44.58%	+2.8%
Mar 2024	43.38%	+4.1%
Dec 2023	41.67%	-6.9%
Sep 2023	44.78%	-0.1%
Jun 2023	44.84%	+2.6%
Mar 2023	43.72%	+4.0%
Dec 2022	42.04%	-5.2%
Sep 2022	44.36%	+2.3%
Jun 2022	43.36%	+2.9%
Mar 2022	42.12%	+5.9%
Dec 2021	39.78%	-7.3%
Sep 2021	42.89%	+1.2%
Jun 2021	42.40%	+9.3%
Mar 2021	38.79%	+12.2%
Dec 2020	34.58%	-5.4%
Sep 2020	36.54%	-4.6%
Jun 2020	38.30%	+0.7%
Mar 2020	38.05%	+3.8%
Dec 2019	36.67%	-6.5%
Sep 2019	39.21%	+1.6%
Jun 2019	38.58%	+2.4%
Mar 2019	37.66%	+7.4%
Dec 2018	35.05%	-5.0%
Sep 2018	36.88%	-5.1%
Jun 2018	38.86%	+4.9%
Mar 2018	37.06%	+12.9%
Dec 2017	32.82%	-10.0%
Sep 2017	36.45%	-3.7%
Jun 2017	37.87%	-2.9%
Mar 2017	39.00%	+11.8%
Dec 2016	34.88%	-7.5%
Sep 2016	37.71%	-1.2%
Jun 2016	38.18%	-0.6%
Mar 2016	38.42%	+1.5%
Dec 2015	37.87%	-1.5%
Sep 2015	38.45%	-3.7%
Jun 2015	39.92%	-3.1%
Mar 2015	41.19%	+25.2%
Dec 2014	32.91%	-21.8%
Sep 2014	42.11%	-0.7%
Jun 2014	42.40%	-5.3%
Mar 2014	44.77%	-8.6%
Dec 2013	48.99%	+11.4%
Sep 2013	43.97%	-0.9%
Jun 2013	44.38%	-2.5%
Mar 2013	45.52%	+37.4%
Dec 2012	33.12%	-26.8%
Sep 2012	45.23%	-2.9%
Jun 2012	46.58%	+3.3%
Mar 2012	45.09%	+40.2%
Dec 2011	32.17%	-26.1%
Sep 2011	43.51%	+1.0%
Jun 2011	43.06%	+1.5%
Mar 2011	42.44%	+6.6%
Dec 2010	39.80%	-4.6%
Sep 2010	41.71%	-5.4%
Jun 2010	44.11%	+0.2%
Mar 2010	44.03%	+4.8%
Dec 2009	42.01%	-0.8%
Sep 2009	42.33%	-2.6%
Jun 2009	43.45%	-1.2%
Mar 2009	43.97%	+4.2%
Dec 2008	42.18%	-0.6%
Sep 2008	42.42%	-6.5%
Jun 2008	45.38%	-0.8%
Mar 2008	45.75%	+3.7%

Month	Value	Change
Dec 2007	44.13%	+0.6%
Sep 2007	43.87%	+2.8%
Jun 2007	42.69%	+2.2%
Mar 2007	41.77%	-0.8%
Dec 2006	42.11%	+0.7%
Sep 2006	41.80%	+3.3%
Jun 2006	40.46%	+8.0%
Mar 2006	37.45%	+2.3%
Dec 2005	36.60%	-8.8%
Sep 2005	40.15%	-0.6%
Jun 2005	40.40%	+2.8%
Mar 2005	39.29%	+5.2%
Dec 2004	37.36%	-6.6%
Sep 2004	40.02%	+0.2%
Jun 2004	39.96%	+1.7%
Mar 2004	39.28%	+4.4%
Dec 2003	37.64%	-4.7%
Sep 2003	39.49%	-3.9%
Jun 2003	41.08%	-1.2%
Mar 2003	41.58%	+58.9%
Dec 2002	26.17%	+30.3%
Sep 2002	20.09%	-3.5%
Jun 2002	20.82%	-5.0%
Mar 2002	21.92%	-71.8%
Dec 2001	77.70%	+212.2%
Sep 2001	24.89%	-7.2%
Jun 2001	26.81%	+12.8%
Mar 2001	23.76%	+59.5%
Dec 2000	14.90%	-29.6%
Sep 2000	21.15%	-6.8%
Jun 2000	22.69%	-7.2%
Mar 2000	24.45%	+19.0%
Dec 1999	20.55%	-24.3%
Sep 1999	27.13%	+3.0%
Jun 1999	26.33%	-3.3%
Mar 1999	27.24%	+199.1%
Dec 1998	-27.49%	-157.8%
Sep 1998	47.55%	+0.4%
Jun 1998	47.37%	+1.0%
Mar 1998	46.89%	+197.9%
Dec 1997	15.74%	-74.9%
Sep 1997	62.65%	+0.3%
Jun 1997	62.46%	-1.8%
Mar 1997	63.62%	+913.6%
Dec 1996	-7.82%	-112.0%
Sep 1996	65.17%	-1.6%
Jun 1996	66.24%	-0.2%
Mar 1996	66.34%	+12.9%
Dec 1995	58.74%	-17.0%
Sep 1995	70.73%	-0.2%
Jun 1995	70.85%	+0.9%
Mar 1995	70.19%	+3.5%
Dec 1994	67.82%	-0.3%
Sep 1994	68.03%	-0.9%
Jun 1994	68.64%	+0.5%
Mar 1994	68.28%	-2.1%
Dec 1993	69.72%	+1.4%
Sep 1993	68.75%	+0.6%
Jun 1993	68.34%	+0.6%
Mar 1993	67.96%	+8.4%
Dec 1992	62.68%	-5.9%
Sep 1992	66.61%	-0.2%
Jun 1992	66.74%	-1.4%
Mar 1992	67.69%	+3.2%
Dec 1991	65.61%	-2.2%
Sep 1991	67.07%	+0.9%
Jun 1991	66.45%	+1.6%
Mar 1991	65.39%	+4.7%
Dec 1990	62.48%	-5.8%
Sep 1990	66.35%	+1.9%
Jun 1990	65.10%	-0.9%
Mar 1990	65.68%	-1.1%
Dec 1989	66.38%	+0.7%
Sep 1989	65.93%	-2.3%
Jun 1989	67.47%	-

FAQ

What is the current quarterly gross margin of T?: As of today, T quarterly gross margin is 46.10%
What is T quarterly gross margin most recent change?: T quarterly gross margin was up +0.02% on September 30, 2026
What is 1-year change in T quarterly gross margin?: T quarterly gross margin is up +4.30% year-over-year
How far is T quarterly gross margin from its all-time high?: T quarterly gross margin is currently -40.67% below its historical high of 77.70% set on December 31, 2001
How does T quarterly gross margin rank versus sector peers?: T quarterly gross margin is higher than 57.63% of companies in Communication Services sector
When is T next earnings release?: The next earnings release for T is on January 27, 2027

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

T Official Website www.att.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/732717/000073271726000046/0000732717-26-000046-index.htm
T Profile on Yahoo Finance finance.yahoo.com/quote/T
T Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/t