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Side-by-side financial comparison of Mega Matrix Inc (MPU) 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 $6.1M, roughly 5155.2× Mega Matrix Inc). AT&T runs the higher net margin — 13.3% vs -177.4%, a 190.7% gap on every dollar of revenue. On growth, AT&T posted the faster year-over-year revenue change (2.9% vs -40.9%).
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.
MPU vs T — Head-to-Head
Income Statement — Q3 2025 vs Q1 2026
| Metric | | |
|---|---|---|
| Revenue | $6.1M | $31.5B |
| Net Profit | $-10.8M | $4.2B |
| Gross Margin | 47.7% | — |
| Operating Margin | -156.3% | 21.1% |
| Net Margin | -177.4% | 13.3% |
| Revenue YoY | -40.9% | 2.9% |
| Net Profit YoY | -291.1% | -10.9% |
| EPS (diluted) | $-0.21 | $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.
| Q1 26 | — | $31.5B | ||
| Q4 25 | — | $33.5B | ||
| Q3 25 | $6.1M | $30.7B | ||
| Q2 25 | $7.1M | $30.8B | ||
| Q1 25 | $7.7M | $30.6B | ||
| Q4 24 | — | $32.3B | ||
| Q3 24 | $10.3M | $30.2B | ||
| Q2 24 | — | $29.8B |
| Q1 26 | — | $4.2B | ||
| Q4 25 | — | $3.8B | ||
| Q3 25 | $-10.8M | $9.3B | ||
| Q2 25 | $-1.5M | $4.5B | ||
| Q1 25 | $-2.5M | $4.4B | ||
| Q4 24 | — | $4.1B | ||
| Q3 24 | $-2.8M | $-174.0M | ||
| Q2 24 | — | $3.6B |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 47.7% | — | ||
| Q2 25 | 58.5% | — | ||
| Q1 25 | 55.8% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 58.5% | — | ||
| Q2 24 | — | — |
| Q1 26 | — | 21.1% | ||
| Q4 25 | — | 17.3% | ||
| Q3 25 | -156.3% | 19.9% | ||
| Q2 25 | -21.6% | 21.1% | ||
| Q1 25 | -32.8% | 18.8% | ||
| Q4 24 | — | 16.5% | ||
| Q3 24 | -26.0% | 7.0% | ||
| Q2 24 | — | 19.3% |
| Q1 26 | — | 13.3% | ||
| Q4 25 | — | 11.3% | ||
| Q3 25 | -177.4% | 30.3% | ||
| Q2 25 | -20.7% | 14.6% | ||
| Q1 25 | -32.0% | 14.2% | ||
| Q4 24 | — | 12.6% | ||
| Q3 24 | -26.8% | -0.6% | ||
| Q2 24 | — | 12.1% |
| Q1 26 | — | $0.54 | ||
| Q4 25 | — | $0.52 | ||
| Q3 25 | $-0.21 | $1.29 | ||
| Q2 25 | $-0.04 | $0.62 | ||
| Q1 25 | $-0.07 | $0.61 | ||
| Q4 24 | — | $0.56 | ||
| Q3 24 | $-0.08 | $-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 | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $9.8M | $12.0B |
| Total DebtLower is stronger | — | $131.6B |
| Stockholders' EquityBook value | $37.4M | $125.6B |
| Total Assets | $42.7M | $421.2B |
| Debt / EquityLower = less leverage | — | 1.05× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $12.0B | ||
| Q4 25 | — | $18.2B | ||
| Q3 25 | $9.8M | $20.3B | ||
| Q2 25 | $4.0M | $10.5B | ||
| Q1 25 | $6.8M | $6.9B | ||
| Q4 24 | — | $3.3B | ||
| Q3 24 | $9.9M | $2.6B | ||
| Q2 24 | — | $3.1B |
| 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 |
| Q1 26 | — | $125.6B | ||
| Q4 25 | — | $126.5B | ||
| Q3 25 | $37.4M | $126.8B | ||
| Q2 25 | $10.9M | $121.4B | ||
| Q1 25 | $11.9M | $119.9B | ||
| Q4 24 | — | $118.2B | ||
| Q3 24 | $15.8M | $116.3B | ||
| Q2 24 | — | $119.3B |
| Q1 26 | — | $421.2B | ||
| Q4 25 | — | $420.2B | ||
| Q3 25 | $42.7M | $423.2B | ||
| Q2 25 | $16.6M | $405.5B | ||
| Q1 25 | $17.3M | $397.5B | ||
| Q4 24 | — | $394.8B | ||
| Q3 24 | $22.4M | $393.7B | ||
| Q2 24 | — | $398.0B |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-3.5M | $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.
| Q1 26 | — | $7.6B | ||
| Q4 25 | — | $11.3B | ||
| Q3 25 | $-3.5M | $10.2B | ||
| Q2 25 | $-1.8M | $9.8B | ||
| Q1 25 | $-2.2M | $9.0B | ||
| Q4 24 | — | $11.9B | ||
| Q3 24 | — | $10.2B | ||
| Q2 24 | — | $9.1B |
| 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 |
| 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% |
| 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% |
| 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
MPU
Segment breakdown not available.
T
| Service | $25.5B | 81% |
| Equipment | $6.0B | 19% |
