What is the current annual operating margin of T?

As of today, T annual operating margin is 83.38%

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

T annual operating margin is up +320.47% year-over-year

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

T annual operating margin is up +331.13% over the past 3 years

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

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

How does T annual operating margin rank versus sector peers?

T annual operating margin is higher than 99.62% 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 operating margin of T?

As of today, T quarterly operating margin is 23.26%

What is T quarterly operating margin most recent change?

T quarterly operating margin was down -1.77% on September 30, 2026

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

T quarterly operating margin is up +8.24% year-over-year

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

T quarterly operating margin is currently -36.96% below its historical high of 36.90% set on December 31, 2013

How does T quarterly operating margin rank versus sector peers?

T quarterly operating margin is higher than 84.81% 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) Operating Margin History & Chart Since 1980

Annual Operating Margin

83.38%63.55%+320.47%

December 31, 2025

Summary

Current Value: As of today, T annual operating margin is 83.38%, up +320.47% on December 31, 2025
Historical Performance: T annual operating margin is up +331.13% over the past 3 years, up +456.98% over the past 5 years
All-Time High Comparison: T annual operating margin is currently at its all-time high
3-Year Low Comparison: T annual operating margin is +331.13% above its 3-year low of 19.34% reached on an earlier date
Sector Comparison: T annual operating margin is higher than 99.62% of companies in Communication Services sector

Operating Margin Chart

beforeafter

Performance

T Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Operating Margin	Dec 31, 25	83.38%	+320.5%	+331.1%	+457.0%	+429.4%
Quarterly Operating Margin	Sep 30, 26	23.26%	+8.2%	+9.2%	+15.3%	+17.4%
Price	Nov 10, 26	$21.94	-11.6%	+40.3%	+16.4%	-0.4%
PE Ratio	Nov 10, 26	11.83	+46.8%	–	-93.8%	+4.9%
Annual Revenue	Dec 31, 25	$125.65B	+2.7%	+4.1%	-26.9%	+1.1%
Annual Operating Profit	Dec 31, 25	$104.76B	+331.8%	+348.5%	+307.4%	+435.2%
Annual Gross Margin	Dec 31, 25	42.93%	-0.0%	-0.1%	+16.4%	+1.4%
Annual Net Margin	Dec 31, 25	18.61%	+85.7%	+427.1%	+938.3%	+19.2%

Operating Margin Highs

T Annual Operating Margin Highs Comparison
Period	High	Date	Current
3Y	83.38%	Dec 31, 25	at high
5Y	83.38%	Dec 31, 25	at high
All	83.38%	Dec 31, 25	at high

Operating Margin Lows

T Annual Operating Margin Lows Comparison
Period	Low	Date	Current
3Y	19.34%	N/A	+331.1%
5Y	14.97%	N/A	+457.0%
All	9.57%	Dec 31, 11	+771.3%

Operating Margin History

Year	Value	Change
2025	83.38%	+320.5%
2024	19.83%	-2.0%
2023	20.23%	+4.6%
2022	19.34%	-0.5%
2021	19.44%	+29.9%
2020	14.97%	-10.7%
2019	16.76%	+4.9%
2018	15.98%	+9.2%
2017	14.64%	-7.3%
2016	15.80%	-13.1%
2015	18.19%	+73.7%
2014	10.47%	-55.8%
2013	23.67%	+132.1%
2012	10.20%	+6.6%
2011	9.57%	-39.2%
2010	15.75%	-8.1%
2009	17.14%	-11.6%
2008	19.38%	+6.3%
2007	18.23%	+3.9%
2006	17.54%	+9.6%
2005	16.00%	+10.6%
2004	14.47%	-8.6%
2003	15.84%	-29.0%

Year	Value	Change
2002	22.30%	-6.3%
2001	23.79%	+14.0%
2000	20.87%	-11.0%
1999	23.44%	-2.0%
1998	23.93%	+11.6%
1997	21.44%	-16.2%
1996	25.59%	+6.8%
1995	23.97%	-0.2%
1994	24.02%	+7.9%
1993	22.26%	+1.5%
1992	21.94%	-4.0%
1991	22.86%	+1.5%
1990	22.52%	-2.3%
1989	23.06%	-0.4%
1988	23.15%	-11.0%
1987	26.00%	-6.5%
1986	27.80%	+3.8%
1985	26.79%	-0.6%
1984	26.95%	+6.7%
1983	25.26%	+3.0%
1982	24.53%	-5.2%
1981	25.88%	+3.0%
1980	25.12%	-

FAQ

What is the current annual operating margin of T?: As of today, T annual operating margin is 83.38%
What is 1-year change in T annual operating margin?: T annual operating margin is up +320.47% year-over-year
What is 3-year change in T annual operating margin?: T annual operating margin is up +331.13% over the past 3 years
How far is T annual operating margin from its all-time high?: T annual operating margin is currently at its all-time high
How does T annual operating margin rank versus sector peers?: T annual operating margin is higher than 99.62% 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

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Quarterly Operating Margin

23.26%0.42%-1.77%

September 30, 2026

Summary

Current Value: As of today, T quarterly operating margin is 23.26%, down -1.77% on September 30, 2026
Historical Performance: T quarterly operating margin is up +8.24% year-over-year, up +9.20% over the past 3 years
All-Time High Comparison: T quarterly operating margin is currently -36.96% below its historical high of 36.90% set on December 31, 2013
3-Year Low Comparison: T quarterly operating margin is +40.46% above its 3-year low of 16.56% reached on December 31, 2024
Sector Comparison: T quarterly operating margin is higher than 84.81% of companies in Communication Services sector

Performance

T Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Operating Margin	Sep 30, 26	23.26%	-1.8%	+8.2%	+9.2%	+15.3%
Annual Operating Margin	Dec 31, 25	83.38%	–	+320.5%	+331.1%	+457.0%
Price	Nov 10, 26	$21.94	-8.8%	-11.6%	+40.3%	+16.4%
PE Ratio	Nov 10, 26	11.83	+48.8%	+46.8%	–	-93.8%
Quarterly Revenue	Sep 30, 26	$32.32B	+2.4%	+5.3%	+6.5%	+3.2%
Quarterly Operating Profit	Sep 30, 26	$7.52B	+0.6%	+13.9%	+16.3%	+19.0%
Quarterly Gross Margin	Sep 30, 26	46.10%	+0.0%	+4.3%	+3.0%	+7.5%
Quarterly Net Margin	Sep 30, 26	4.04%	-74.7%	-87.2%	-68.0%	-74.8%

Quarterly Operating Margin Highs

T Quarterly Operating Margin Highs Comparison
Period	High	Date	Current
1Y	23.68%	Jun 30, 26	-1.8%
3Y	23.68%	Jun 30, 26	-1.8%
5Y	23.68%	Jun 30, 26	-1.8%
All	36.90%	Dec 31, 13	-37.0%

Quarterly Operating Margin Lows

T Quarterly Operating Margin Lows Comparison
Period	Low	Date	Current
1Y	18.33%	Dec 31, 25	+26.9%
3Y	16.56%	Dec 31, 24	+40.5%
5Y	16.03%	Dec 31, 21	+45.1%
All	-447.71%	Dec 31, 88	+105.2%

Quarterly Operating Margin History

Month	Value	Change
Sep 2026	23.26%	-1.8%
Jun 2026	23.68%	+9.6%
Mar 2026	21.60%	+17.8%
Dec 2025	18.33%	-14.7%
Sep 2025	21.49%	+1.2%
Jun 2025	21.23%	+2.7%
Mar 2025	20.68%	+24.9%
Dec 2024	16.56%	-23.9%
Sep 2024	21.77%	+3.1%
Jun 2024	21.12%	+5.0%
Mar 2024	20.12%	+9.4%
Dec 2023	18.39%	-13.7%
Sep 2023	21.30%	-0.6%
Jun 2023	21.43%	+7.6%
Mar 2023	19.92%	+8.7%
Dec 2022	18.33%	-10.8%
Sep 2022	20.55%	+5.8%
Jun 2022	19.42%	+2.4%
Mar 2022	18.96%	+18.3%
Dec 2021	16.03%	-20.5%
Sep 2021	20.17%	-4.5%
Jun 2021	21.12%	+20.9%
Mar 2021	17.47%	+41.6%
Dec 2020	12.34%	-16.3%
Sep 2020	14.74%	-0.3%
Jun 2020	14.79%	-17.4%
Mar 2020	17.90%	+17.8%
Dec 2019	15.20%	-16.2%
Sep 2019	18.13%	+4.0%
Jun 2019	17.43%	+6.5%
Mar 2019	16.36%	+17.4%
Dec 2018	13.93%	-16.5%
Sep 2018	16.68%	-2.9%
Jun 2018	17.18%	+4.2%
Mar 2018	16.48%	+58.6%
Dec 2017	10.39%	-29.9%
Sep 2017	14.83%	-12.8%
Jun 2017	17.00%	-4.9%
Mar 2017	17.87%	+50.2%
Dec 2016	11.90%	-27.0%
Sep 2016	16.31%	-2.7%
Jun 2016	16.76%	-8.6%
Mar 2016	18.34%	-1.8%
Dec 2015	18.67%	+13.4%
Sep 2015	16.46%	-4.9%
Jun 2015	17.30%	+3.3%
Mar 2015	16.75%	+268.2%
Dec 2014	-9.96%	-160.8%
Sep 2014	16.39%	-4.9%
Jun 2014	17.24%	-10.8%
Mar 2014	19.33%	-47.6%
Dec 2013	36.90%	+91.8%
Sep 2013	19.24%	+0.9%
Jun 2013	19.06%	+0.6%
Mar 2013	18.94%	+203.6%
Dec 2012	-18.29%	-195.3%
Sep 2012	19.19%	-11.1%
Jun 2012	21.59%	+12.6%
Mar 2012	19.17%	+202.5%
Dec 2011	-18.71%	-194.4%
Sep 2011	19.81%	+1.2%
Jun 2011	19.57%	+5.3%
Mar 2011	18.59%	+193.2%
Dec 2010	6.34%	-63.4%
Sep 2010	17.30%	-12.8%
Jun 2010	19.85%	+1.2%
Mar 2010	19.61%	+37.2%
Dec 2009	14.29%	-18.2%
Sep 2009	17.46%	-2.6%
Jun 2009	17.92%	-4.5%
Mar 2009	18.77%	+6.0%
Dec 2008	17.71%	-1.2%
Sep 2008	17.92%	-15.8%
Jun 2008	21.28%	+3.0%
Mar 2008	20.67%	+6.8%
Dec 2007	19.35%	+3.6%
Sep 2007	18.68%	+4.6%
Jun 2007	17.86%	+5.4%

Month	Value	Change
Mar 2007	16.95%	-3.1%
Dec 2006	17.50%	-10.7%
Sep 2006	19.59%	+12.2%
Jun 2006	17.46%	+25.5%
Mar 2006	13.91%	+20.1%
Dec 2005	11.58%	-39.2%
Sep 2005	19.04%	+0.4%
Jun 2005	18.96%	+17.0%
Mar 2005	16.21%	+33.7%
Dec 2004	12.12%	-26.5%
Sep 2004	16.50%	+13.9%
Jun 2004	14.49%	-6.5%
Mar 2004	15.50%	+28.7%
Dec 2003	12.04%	-23.4%
Sep 2003	15.72%	-8.3%
Jun 2003	17.14%	-6.7%
Mar 2003	18.37%	-8.3%
Dec 2002	20.04%	-0.2%
Sep 2002	20.09%	-2.3%
Jun 2002	20.57%	-6.2%
Mar 2002	21.92%	+370.4%
Dec 2001	4.66%	-80.8%
Sep 2001	24.21%	-9.7%
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%	+41.7%
Dec 1998	19.23%	-27.2%
Sep 1998	26.42%	+1.9%
Jun 1998	25.93%	+0.4%
Mar 1998	25.83%	+17.4%
Dec 1997	22.01%	-5.4%
Sep 1997	23.26%	+247.6%
Jun 1997	-15.76%	-159.4%
Mar 1997	26.55%	+20.6%
Dec 1996	22.02%	-14.4%
Sep 1996	25.72%	-0.9%
Jun 1996	25.95%	+3.7%
Mar 1996	25.02%	+12.6%
Dec 1995	22.22%	-17.2%
Sep 1995	26.83%	+7.6%
Jun 1995	24.93%	+2.5%
Mar 1995	24.33%	+10.6%
Dec 1994	22.00%	-14.3%
Sep 1994	25.68%	+8.6%
Jun 1994	23.65%	+4.6%
Mar 1994	22.61%	+13.1%
Dec 1993	20.00%	-14.7%
Sep 1993	23.44%	+3.5%
Jun 1993	22.64%	+6.8%
Mar 1993	21.19%	-3.8%
Dec 1992	22.02%	-9.3%
Sep 1992	24.29%	+11.9%
Jun 1992	21.71%	+12.0%
Mar 1992	19.39%	-17.0%
Dec 1991	23.37%	-10.4%
Sep 1991	26.09%	+19.7%
Jun 1991	21.79%	+10.3%
Mar 1991	19.75%	-5.1%
Dec 1990	20.81%	-16.8%
Sep 1990	25.02%	+11.6%
Jun 1990	22.42%	+2.9%
Mar 1990	21.79%	-8.1%
Dec 1989	23.70%	-0.3%
Sep 1989	23.76%	+6.0%
Jun 1989	22.41%	+105.0%
Dec 1988	-447.71%	-155.7%
Dec 1987	-175.10%	+4.4%
Dec 1986	-183.18%	+1.2%
Dec 1985	-185.36%	-4.1%
Dec 1984	-178.14%	-

FAQ

What is the current quarterly operating margin of T?: As of today, T quarterly operating margin is 23.26%
What is T quarterly operating margin most recent change?: T quarterly operating margin was down -1.77% on September 30, 2026
What is 1-year change in T quarterly operating margin?: T quarterly operating margin is up +8.24% year-over-year
How far is T quarterly operating margin from its all-time high?: T quarterly operating margin is currently -36.96% below its historical high of 36.90% set on December 31, 2013
How does T quarterly operating margin rank versus sector peers?: T quarterly operating margin is higher than 84.81% of companies in Communication Services sector
When is T next earnings release?: The next earnings release for T is on January 27, 2027

Operating Margin Formula

Operating Profit Margin = Operating 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