Earnings call briefThird-quarter 2026
AT&T lowers its 2026 cash tax outlook to the $750 million range
CFO Pascal Desroches said the tax benefit is offset by higher cash interest payments and increased working capital investment.
GetSignal AT&T T
CFO Pascal Desroches said on the third-quarter call that AT&T now expects 2026 cash taxes in the $750 million range, down from $1 billion to $1.5 billion, as it continues to benefit from provisions in last year's One Big Beautiful Bill Act. He also said AT&T expects 2027 free cash flow of at least $19 billion.
Quotes from the call
“We now expect cash taxes in the $750 million range for the year, compared to our prior outlook of $1 billion-$1.5 billion, as we continue to benefit from the provisions in last year's One Big Beautiful Bill Act.”
Key facts from the call
- 2026 cash taxes outlook
- $750 million range, down from $1 billion to $1.5 billion
- 2027 free cash flow outlook
- At least $19 billion
Source: AT&T's third-quarter 2026 earnings call, October 21, 2026.
Written by GetSignal with AI from the company's earnings call.
Not investment advice.
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