CLAIM #55484 · AT&T Inc. (T) · 2026Q1 earnings call · Apr 22, 2026 · due Dec 31, 2026
“As we get through the balance of the year, I expect pretty much the same seasonal patterns that we've seen in free cash flow, and we remain confident.”
Pascal Desroches · CFO
How to check this claim
Look at: Quarterly free cash flow sequential/seasonal pattern (Q1 low, improving through Q2-Q4), fiscal year 2026
It came true if: Free cash flow in Q2-Q4 2026 each higher than Q1 2026, consistent with prior years' seasonal improvement pattern
Where: Company quarterly cash flow statement / earnings release (10-Q filings and Q4 call)
In context
“that organization in order to drive incremental fiber penetration into their footprint and to really set up ourselves. That process began in earnest in Q1, we'll continue. But I expect every month that passes the performance of the [indiscernible] will continue to get better. We're going to continue to see improvement in fiber net adds and converged relationships. Also, as you get through, in terms of free cash flow, Q1, as a reminder, is always seasonally low for a couple of reasons. One, you have our annual incentive comp payment in Q1. That's a meaningful cash flow in Q1. Two, the majority of the devices from the holiday season are paid in Q1. Those headwinds go away. And you also saw in this Q1 that we stepped up our -- we began to step up of our capital, and that was also a headwind. As we get through the balance of the year, I expect pretty much the same seasonal patterns that we've seen in free cash flow, and we remain confident. All in all, look, even at Q2, I think you should see meaningful improvement in our service revenue trajectory as well as our EBITDA trajectory. So I feel really good about where we are and the pacing for the rest of the year. Operator: Our last question today comes from Peter Supino with Wolfe Research. Peter Supino: Question about the broadband market. AT&T reported 2.5 million DSL subs, and that's been a really valuable feedstock for the fiber business over time. It's a great thing that you have a long-term declining business that is going to stop diluting your growth rate over the next couple of years. I'm wondering if the fade of the DSL business in general, including in beyond our own -- affects your view of the [indiscernible] market over the next couple of years. Whether that relat”
Verify independently
SEC filings for T ↗ · Claim quote is verbatim from the 2026Q1 earnings call.