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Side-by-side financial comparison of Blue Hat Interactive Entertainment Technology (BHAT) and AT&T (T). Click either name above to swap in a different company.

AT&T is the larger business by last-quarter revenue ($31.5B vs $13.1M, roughly 2409.0× Blue Hat Interactive Entertainment Technology). AT&T runs the higher net margin — 13.3% vs -9.9%, a 23.2% gap on every dollar of revenue.

Blue Hat Interactive Entertainment Technology develops and produces interactive entertainment products including AR games, smart interactive toys, and immersive leisure content. It primarily serves mainland China's consumer market, with expanding distribution across Southeast Asia, focusing on family and youth entertainment segments.

AT&T Inc., an abbreviation of its predecessor's original name, the American Telephone and Telegraph Company, is an American multinational telecommunications conglomerate headquartered at the Whitacre Tower in Downtown Dallas, Texas. AT&T is the world’s third-largest telecommunications company by revenue, the third largest wireless carrier in the United States behind T-Mobile and Verizon, and the nation's biggest fiber internet provider.

BHAT vs T — Head-to-Head

Bigger by revenue
T
T
2409.0× larger
T
$31.5B
$13.1M
BHAT
Higher net margin
T
T
23.2% more per $
T
13.3%
-9.9%
BHAT

Income Statement — Q2 2025 vs Q1 2026

Metric
BHAT
BHAT
T
T
Revenue
$13.1M
$31.5B
Net Profit
$-1.3M
$4.2B
Gross Margin
8.3%
Operating Margin
-9.4%
21.1%
Net Margin
-9.9%
13.3%
Revenue YoY
2.9%
Net Profit YoY
-10.9%
EPS (diluted)
$0.54

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BHAT
BHAT
T
T
Q1 26
$31.5B
Q4 25
$33.5B
Q3 25
$30.7B
Q2 25
$13.1M
$30.8B
Q1 25
$30.6B
Q4 24
$32.3B
Q3 24
$30.2B
Q2 24
$46.3M
$29.8B
Net Profit
BHAT
BHAT
T
T
Q1 26
$4.2B
Q4 25
$3.8B
Q3 25
$9.3B
Q2 25
$-1.3M
$4.5B
Q1 25
$4.4B
Q4 24
$4.1B
Q3 24
$-174.0M
Q2 24
$-4.4M
$3.6B
Gross Margin
BHAT
BHAT
T
T
Q1 26
Q4 25
Q3 25
Q2 25
8.3%
Q1 25
Q4 24
Q3 24
Q2 24
0.2%
Operating Margin
BHAT
BHAT
T
T
Q1 26
21.1%
Q4 25
17.3%
Q3 25
19.9%
Q2 25
-9.4%
21.1%
Q1 25
18.8%
Q4 24
16.5%
Q3 24
7.0%
Q2 24
-8.8%
19.3%
Net Margin
BHAT
BHAT
T
T
Q1 26
13.3%
Q4 25
11.3%
Q3 25
30.3%
Q2 25
-9.9%
14.6%
Q1 25
14.2%
Q4 24
12.6%
Q3 24
-0.6%
Q2 24
-9.4%
12.1%
EPS (diluted)
BHAT
BHAT
T
T
Q1 26
$0.54
Q4 25
$0.52
Q3 25
$1.29
Q2 25
$0.62
Q1 25
$0.61
Q4 24
$0.56
Q3 24
$-0.03
Q2 24
$0.49

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BHAT
BHAT
T
T
Cash + ST InvestmentsLiquidity on hand
$14.3K
$12.0B
Total DebtLower is stronger
$131.6B
Stockholders' EquityBook value
$32.1M
$125.6B
Total Assets
$75.2M
$421.2B
Debt / EquityLower = less leverage
1.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BHAT
BHAT
T
T
Q1 26
$12.0B
Q4 25
$18.2B
Q3 25
$20.3B
Q2 25
$14.3K
$10.5B
Q1 25
$6.9B
Q4 24
$3.3B
Q3 24
$2.6B
Q2 24
$407.6K
$3.1B
Total Debt
BHAT
BHAT
T
T
Q1 26
$131.6B
Q4 25
$127.1B
Q3 25
$128.1B
Q2 25
$123.1B
Q1 25
$117.3B
Q4 24
$118.4B
Q3 24
$126.4B
Q2 24
$125.4B
Stockholders' Equity
BHAT
BHAT
T
T
Q1 26
$125.6B
Q4 25
$126.5B
Q3 25
$126.8B
Q2 25
$32.1M
$121.4B
Q1 25
$119.9B
Q4 24
$118.2B
Q3 24
$116.3B
Q2 24
$40.6M
$119.3B
Total Assets
BHAT
BHAT
T
T
Q1 26
$421.2B
Q4 25
$420.2B
Q3 25
$423.2B
Q2 25
$75.2M
$405.5B
Q1 25
$397.5B
Q4 24
$394.8B
Q3 24
$393.7B
Q2 24
$49.3M
$398.0B
Debt / Equity
BHAT
BHAT
T
T
Q1 26
1.05×
Q4 25
1.00×
Q3 25
1.01×
Q2 25
1.01×
Q1 25
0.98×
Q4 24
1.00×
Q3 24
1.09×
Q2 24
1.05×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BHAT
BHAT
T
T
Operating Cash FlowLast quarter
$2.6M
$7.6B
Free Cash FlowOCF − Capex
$2.5B
FCF MarginFCF / Revenue
8.0%
Capex IntensityCapex / Revenue
15.5%
Cash ConversionOCF / Net Profit
1.82×
TTM Free Cash FlowTrailing 4 quarters
$17.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BHAT
BHAT
T
T
Q1 26
$7.6B
Q4 25
$11.3B
Q3 25
$10.2B
Q2 25
$2.6M
$9.8B
Q1 25
$9.0B
Q4 24
$11.9B
Q3 24
$10.2B
Q2 24
$9.1B
Free Cash Flow
BHAT
BHAT
T
T
Q1 26
$2.5B
Q4 25
$4.5B
Q3 25
$5.3B
Q2 25
$4.9B
Q1 25
$4.8B
Q4 24
$5.1B
Q3 24
$4.9B
Q2 24
$4.7B
FCF Margin
BHAT
BHAT
T
T
Q1 26
8.0%
Q4 25
13.6%
Q3 25
17.1%
Q2 25
15.8%
Q1 25
15.6%
Q4 24
15.6%
Q3 24
16.3%
Q2 24
15.9%
Capex Intensity
BHAT
BHAT
T
T
Q1 26
15.5%
Q4 25
20.3%
Q3 25
15.9%
Q2 25
15.9%
Q1 25
14.0%
Q4 24
21.2%
Q3 24
17.5%
Q2 24
14.6%
Cash Conversion
BHAT
BHAT
T
T
Q1 26
1.82×
Q4 25
2.99×
Q3 25
1.09×
Q2 25
2.17×
Q1 25
2.08×
Q4 24
2.92×
Q3 24
Q2 24
2.53×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BHAT
BHAT

Segment breakdown not available.

T
T

Service$25.5B81%
Equipment$6.0B19%

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