AT&T announced strong second-quarter 2026 results, highlighted by adjusted earnings per share of $0.65, surpassing analyst expectations of $0.59. The company's strategic focus on investment in its network infrastructure is yielding positive financial outcomes.
Total revenues for the quarter reached $31.6 billion, a 2.3% increase year-over-year, driven by growth in its Advanced Connectivity segment. This segment, which includes fiber and fixed wireless services, saw service revenue climb 5.1% to $23.5 billion. AT&T added over one million Advanced Connectivity customers in the quarter, with significant net additions in fiber and fixed wireless internet.
"The accelerated growth we delivered this quarter shows our structural advantages to lead the next era of connectivity," stated John Stankey, AT&T Chairman and CEO. The company also reiterated its full-year financial guidance and announced plans for an accelerated share repurchase program of approximately $10 billion for 2026, reflecting confidence in its market position. Free cash flow for the quarter was a healthy $4.7 billion, and AT&T maintains its outlook for robust free cash flow generation through 2028. The company's commitment to returning capital to shareholders remains a key aspect of its financial strategy.
