What is the current annual net margin of T?

As of today, T annual net margin is 18.61%

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

T annual net margin is up +85.73% year-over-year

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

T annual net margin is up +427.07% over the past 3 years

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

T annual net margin is currently at its all-time high

How does T annual net margin rank versus sector peers?

T annual net margin is higher than 91.86% 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 net margin of T?

As of today, T quarterly net margin is 4.04%

What is T quarterly net margin most recent change?

T quarterly net margin was down -74.69% on September 30, 2026

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

T quarterly net margin is down -87.18% year-over-year

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

T quarterly net margin is currently -91.20% below its historical high of 45.92% set on December 31, 2017

How does T quarterly net margin rank versus sector peers?

T quarterly net margin is higher than 62.56% 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) Net Margin History & Chart Since 1983

Annual Net Margin

18.61%8.59%+85.73%

December 31, 2025

Summary

Current Value: As of today, T annual net margin is 18.61%, up +85.73% on December 31, 2025
Historical Performance: T annual net margin is up +427.07% over the past 3 years, up +938.29% over the past 5 years
All-Time High Comparison: T annual net margin is currently at its all-time high
3-Year Low Comparison: T annual net margin is +427.07% above its 3-year low of -5.69% reached on an earlier date
Sector Comparison: T annual net margin is higher than 91.86% of companies in Communication Services sector

Net Margin Chart

beforeafter

Performance

T Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Net Margin	Dec 31, 25	18.61%	+85.7%	+427.1%	+938.3%	+19.2%
Quarterly Net Margin	Sep 30, 26	4.04%	-87.2%	-68.0%	-74.8%	-65.5%
Price	Nov 2, 26	$21.44	-12.6%	+35.0%	+12.7%	-3.6%
PE Ratio	Nov 2, 26	11.56	+45.2%	–	-94.0%	+1.6%
Annual Revenue	Dec 31, 25	$125.65B	+2.7%	+4.1%	-26.9%	+1.1%
Annual Net Income	Dec 31, 25	$23.39B	+90.9%	+440.2%	+712.0%	+20.6%
Annual Gross Margin	Dec 31, 25	42.93%	-0.0%	-0.1%	+16.4%	+1.4%
Annual Operating Margin	Dec 31, 25	83.38%	+320.5%	+331.1%	+457.0%	+429.4%

Net Margin Highs

T Annual Net Margin Highs Comparison
Period	High	Date	Current
3Y	18.61%	Dec 31, 25	at high
5Y	18.61%	Dec 31, 25	at high
All	18.61%	Dec 31, 25	at high

Net Margin Lows

T Annual Net Margin Lows Comparison
Period	Low	Date	Current
3Y	-5.69%	N/A	+427.1%
5Y	-5.69%	Dec 31, 22	+427.1%
All	-5.69%	Dec 31, 22	+427.1%

Net Margin History

Year	Value	Change
2025	18.61%	+85.7%
2024	10.02%	-21.5%
2023	12.76%	+324.3%
2022	-5.69%	-132.1%
2021	17.74%	+899.1%
2020	-2.22%	-126.9%
2019	8.26%	-29.3%
2018	11.68%	-37.2%
2017	18.59%	+128.4%
2016	8.14%	-12.7%
2015	9.32%	+89.4%
2014	4.92%	-65.9%
2013	14.41%	+143.4%
2012	5.92%	+79.4%
2011	3.30%	-78.9%
2010	15.61%	+53.9%
2009	10.14%	-4.2%
2008	10.58%	+3.6%
2007	10.21%	-12.5%
2006	11.67%	+7.0%
2005	10.91%	-10.6%
2004	12.21%	-16.5%

Year	Value	Change
2003	14.62%	-12.3%
2002	16.67%	+5.4%
2001	15.81%	+2.1%
2000	15.48%	+16.6%
1999	13.28%	-6.1%
1998	14.14%	+138.4%
1997	5.93%	-60.8%
1996	15.12%	+1.4%
1995	14.91%	+5.1%
1994	14.19%	+5.7%
1993	13.43%	+3.3%
1992	13.00%	+4.9%
1991	12.39%	+2.5%
1990	12.09%	-3.4%
1989	12.52%	-0.2%
1988	12.54%	-4.1%
1987	13.08%	+1.1%
1986	12.94%	+2.9%
1985	12.57%	+2.4%
1984	12.28%	+8.8%
1983	11.29%	-

FAQ

What is the current annual net margin of T?: As of today, T annual net margin is 18.61%
What is 1-year change in T annual net margin?: T annual net margin is up +85.73% year-over-year
What is 3-year change in T annual net margin?: T annual net margin is up +427.07% over the past 3 years
How far is T annual net margin from its all-time high?: T annual net margin is currently at its all-time high
How does T annual net margin rank versus sector peers?: T annual net margin is higher than 91.86% 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

Net Margin Formula

Net Margin = Net Income

Revenue × 100%

Quarterly Net Margin

4.04%11.92%-74.69%

September 30, 2026

Summary

Current Value: As of today, T quarterly net margin is 4.04%, down -74.69% on September 30, 2026
Historical Performance: T quarterly net margin is down -87.18% year-over-year, down -67.96% over the past 3 years
All-Time High Comparison: T quarterly net margin is currently -91.20% below its historical high of 45.92% set on December 31, 2017
3-Year Low Comparison: T quarterly net margin is +741.67% above its 3-year low of 0.48% reached on September 30, 2024
Sector Comparison: T quarterly net margin is higher than 62.56% of companies in Communication Services sector

Performance

T Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Net Margin	Sep 30, 26	4.04%	-74.7%	-87.2%	-68.0%	-74.8%
Annual Net Margin	Dec 31, 25	18.61%	–	+85.7%	+427.1%	+938.3%
Price	Nov 2, 26	$21.44	-9.1%	-12.6%	+35.0%	+12.7%
PE Ratio	Nov 2, 26	11.56	+48.2%	+45.2%	–	-94.0%
Quarterly Revenue	Sep 30, 26	$32.32B	+2.4%	+5.3%	+6.5%	+3.2%
Quarterly Net Income	Sep 30, 26	$1.31B	-74.1%	-86.5%	-65.9%	-74.0%
Quarterly Gross Margin	Sep 30, 26	46.10%	+0.0%	+4.3%	+3.0%	+7.5%
Quarterly Operating Margin	Sep 30, 26	23.26%	-1.8%	+8.2%	+9.2%	+15.3%

Quarterly Net Margin Highs

T Quarterly Net Margin Highs Comparison
Period	High	Date	Current
1Y	31.51%	N/A	-87.2%
3Y	31.51%	Sep 30, 25	-87.2%
5Y	31.51%	Sep 30, 25	-87.2%
All	45.92%	Dec 31, 17	-91.2%

Quarterly Net Margin Lows

T Quarterly Net Margin Lows Comparison
Period	Low	Date	Current
1Y	4.04%	Sep 30, 26	at low
3Y	0.48%	Sep 30, 24	+741.7%
5Y	-73.76%	Dec 31, 22	+105.5%
All	-77.88%	Mar 31, 93	+105.2%

Quarterly Net Margin History

Month	Value	Change
Sep 2026	4.04%	-74.7%
Jun 2026	15.96%	+19.2%
Mar 2026	13.39%	+7.8%
Dec 2025	12.42%	-60.6%
Sep 2025	31.51%	+99.9%
Jun 2025	15.76%	+2.9%
Mar 2025	15.32%	+12.2%
Dec 2024	13.65%	+2,743.8%
Sep 2024	0.48%	-96.4%
Jun 2024	13.25%	+6.1%
Mar 2024	12.49%	+55.0%
Dec 2023	8.06%	-36.1%
Sep 2023	12.61%	-20.8%
Jun 2023	15.92%	+7.8%
Mar 2023	14.77%	+120.0%
Dec 2022	-73.76%	-449.2%
Sep 2022	21.12%	+31.8%
Jun 2022	16.03%	-7.5%
Mar 2022	17.33%	+3.6%
Dec 2021	16.73%	+4.4%
Sep 2021	16.02%	-4.1%
Jun 2021	16.70%	-7.6%
Mar 2021	18.08%	+161.1%
Dec 2020	-29.58%	-495.5%
Sep 2020	7.48%	+95.8%
Jun 2020	3.82%	-67.1%
Mar 2020	11.60%	+101.0%
Dec 2019	5.77%	-34.9%
Sep 2019	8.86%	+0.2%
Jun 2019	8.84%	-8.9%
Mar 2019	9.70%	-9.2%
Dec 2018	10.68%	+1.4%
Sep 2018	10.53%	-21.8%
Jun 2018	13.46%	+7.6%
Mar 2018	12.51%	-72.8%
Dec 2017	45.92%	+483.5%
Sep 2017	7.87%	-21.9%
Jun 2017	10.08%	+11.0%
Mar 2017	9.08%	+51.1%
Dec 2016	6.01%	-28.1%
Sep 2016	8.36%	-3.6%
Jun 2016	8.67%	-9.5%
Mar 2016	9.58%	-1.2%
Dec 2015	9.70%	+23.3%
Sep 2015	7.87%	-17.4%
Jun 2015	9.53%	-5.3%
Mar 2015	10.06%	+188.9%
Dec 2014	-11.31%	-221.9%
Sep 2014	9.28%	-16.5%
Jun 2014	11.12%	-3.3%
Mar 2014	11.50%	-45.5%
Dec 2013	21.09%	+73.7%
Sep 2013	12.14%	+0.3%
Jun 2013	12.10%	+0.6%
Mar 2013	12.03%	+203.7%
Dec 2012	-11.60%	-198.6%
Sep 2012	11.76%	-6.4%
Jun 2012	12.56%	+9.4%
Mar 2012	11.48%	+156.3%
Dec 2011	-20.39%	-274.1%
Sep 2011	11.71%	+0.9%
Jun 2011	11.61%	+4.6%
Mar 2011	11.10%	+217.1%
Dec 2010	3.50%	-90.5%
Sep 2010	36.85%	+176.7%
Jun 2010	13.32%	+59.3%
Mar 2010	8.36%	-4.2%
Dec 2009	8.73%	-17.7%
Sep 2009	10.61%	-0.5%
Jun 2009	10.66%	+1.8%
Mar 2009	10.47%	+31.4%
Dec 2008	7.97%	-24.0%
Sep 2008	10.49%	-16.1%
Jun 2008	12.51%	+9.3%
Mar 2008	11.45%	+8.9%
Dec 2007	10.51%	+1.9%
Sep 2007	10.31%	+2.6%
Jun 2007	10.05%	+0.8%
Mar 2007	9.97%	-18.3%
Dec 2006	12.20%	-11.8%
Sep 2006	13.84%	+21.0%
Jun 2006	11.44%	+24.8%
Mar 2006	9.17%	-28.1%
Dec 2005	12.76%	+5.5%
Sep 2005	12.09%	+24.9%
Jun 2005	9.68%	+12.0%

Month	Value	Change
Mar 2005	8.64%	+17.9%
Dec 2004	7.33%	-39.4%
Sep 2004	12.10%	+6.9%
Jun 2004	11.32%	-41.1%
Mar 2004	19.23%	+112.3%
Dec 2003	9.06%	-23.7%
Sep 2003	11.88%	-12.6%
Jun 2003	13.60%	-42.8%
Mar 2003	23.76%	+13.2%
Dec 2002	20.99%	+25.2%
Sep 2002	16.77%	-1.5%
Jun 2002	17.02%	+4.7%
Mar 2002	16.25%	+55.4%
Dec 2001	10.46%	-42.7%
Sep 2001	18.27%	+0.9%
Jun 2001	18.11%	+8.7%
Mar 2001	16.66%	+57.5%
Dec 2000	10.58%	-52.5%
Sep 2000	22.29%	+59.1%
Jun 2000	14.01%	-3.2%
Mar 2000	14.48%	+30.2%
Dec 1999	11.12%	-32.4%
Sep 1999	16.46%	+3.5%
Jun 1999	15.90%	+4.3%
Mar 1999	15.24%	+39.3%
Dec 1998	10.94%	-38.6%
Sep 1998	17.81%	+21.5%
Jun 1998	14.66%	+3.2%
Mar 1998	14.20%	+10.4%
Dec 1997	12.86%	-0.2%
Sep 1997	12.89%	+197.0%
Jun 1997	-13.29%	-192.6%
Mar 1997	14.35%	+23.9%
Dec 1996	11.58%	-20.4%
Sep 1996	14.55%	+4.0%
Jun 1996	13.99%	-3.6%
Mar 1996	14.51%	+212.0%
Dec 1995	-12.95%	+81.3%
Sep 1995	-69.40%	-575.0%
Jun 1995	14.61%	+7.6%
Mar 1995	13.58%	+7.4%
Dec 1994	12.64%	-21.1%
Sep 1994	16.03%	+15.0%
Jun 1994	13.94%	+3.1%
Mar 1994	13.52%	+6.8%
Dec 1993	12.66%	-8.9%
Sep 1993	13.90%	+19.9%
Jun 1993	11.59%	+114.9%
Mar 1993	-77.88%	-705.6%
Dec 1992	12.86%	-12.7%
Sep 1992	14.73%	+15.5%
Jun 1992	12.75%	+11.5%
Mar 1992	11.44%	-8.8%
Dec 1991	12.54%	-16.3%
Sep 1991	14.98%	+32.6%
Jun 1991	11.30%	+8.1%
Mar 1991	10.45%	-4.4%
Dec 1990	10.93%	-20.0%
Sep 1990	13.67%	+13.0%
Jun 1990	12.10%	+4.0%
Mar 1990	11.64%	-9.0%
Dec 1989	12.79%	-4.3%
Sep 1989	13.37%	+9.4%
Jun 1989	12.22%	+5.3%
Mar 1989	11.61%	-55.3%
Dec 1988	25.99%	+79.6%
Sep 1988	14.47%	+38.2%
Jun 1988	10.47%	-4.3%
Mar 1988	10.94%	-4.5%
Dec 1987	11.45%	-23.9%
Sep 1987	15.05%	+14.1%
Jun 1987	13.19%	+4.1%
Mar 1987	12.67%	-9.2%
Dec 1986	13.96%	+6.4%
Sep 1986	13.12%	+1.8%
Jun 1986	12.89%	+9.7%
Mar 1986	11.75%	+3.7%
Dec 1985	11.33%	-7.9%
Sep 1985	12.30%	-4.8%
Jun 1985	12.92%	-6.4%
Mar 1985	13.80%	+16.6%
Dec 1984	11.84%	-10.3%
Sep 1984	13.20%	+9.5%
Jun 1984	12.05%	+0.3%
Mar 1984	12.01%	-

FAQ

What is the current quarterly net margin of T?: As of today, T quarterly net margin is 4.04%
What is T quarterly net margin most recent change?: T quarterly net margin was down -74.69% on September 30, 2026
What is 1-year change in T quarterly net margin?: T quarterly net margin is down -87.18% year-over-year
How far is T quarterly net margin from its all-time high?: T quarterly net margin is currently -91.20% below its historical high of 45.92% set on December 31, 2017
How does T quarterly net margin rank versus sector peers?: T quarterly net margin is higher than 62.56% of companies in Communication Services sector
When is T next earnings release?: The next earnings release for T is on January 27, 2027

Net Margin Formula

Net Margin = Net Income

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