AT&T (T) Advanced Connectivity — Total operating revenues — Quarterly & Annual

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Other segment segments

Legacy

$1.63B-25.9%

Latin America

$1.22B+16.1%

Corporate & Other

$87M-7.4%

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CWENEnergy Revenue — Total operating revenues

$261M+5.2%

TDS

TDSTotal — Total operating revenues

$302.48M+3.1%

SOOther Electric Revenue — Total operating revenues

$265M+9.5%

SOGas Distribution Operations — Total operating revenues

$1.9B+21.0%

Other financials

Income statement

Revenue$31.6B+2.3%

Operating income$7.0B+8.3%

Net income$4.6B+2.8%

EPS (diluted)$0.66+6.5%

Balance sheet

Cash & equivalents$17.6B+67.3%

Total debt$162.89B+8.5%

Total assets$428.36B+5.6%

Cash flow

Operating cash flow$10.8B+10.6%

CapEx$5.7B+16.4%

Free cash flow$5.1B+4.8%

Valuation

Market cap$158.02B-19.6%

Enterprise value$303.33B-9.8%

P/E7.3×-8.1×

P/S1.2×-0.3×

Profitability

Gross margin93%—

Operating margin20.1%+4.2pp

Net margin16.9%+6.7pp

FCF margin13.9%-2.0pp

Returns & leverage

Current ratio1×+0.2×

Where this comes from

Reported directly by AT&T in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

The source filing: AT&T’s 10-Q, filed July 22, 2026.

Filed: Jul 22, 2026, 4:07 PM EDT
Fiscal quarter: Q2 FY2026
Calendar quarter: Q2 2026
Accession: 0000732717-26-000297

For the three months ended June 30, 2026	For the three months ended June 30, 2026 / Advanced Connectivity	For the three months ended June 30, 2026 / Legacy	For the three months ended June 30, 2026 / Latin America	For the three months ended June 30, 2026 / Total Segment	Corporate & Other	AT&T Inc.
Other service	151	1,632	—	1,783	87	1,870
Total Service	23,478	1,632	780	25,890	87	25,977
Equipment	5,137	—	444	5,581	—	5,581
Operating Revenues	28,615	1,632	1,224	31,471	87	31,558
Operating Expenses
Operations and support expenses	16,583	1,109	997	18,689	430	19,119
Asset impairments and abandonments and restructuring	—	—	—	—	286	286
Transaction, legal and other costs	—	—	—	—	149	149

Item 1. Financial Statements

FAQ

What is AT&T's advanced connectivity — total operating revenues?: AT&T (T) reported advanced connectivity — total operating revenues of $28.62B in Q2 2026.
What does advanced connectivity — total operating revenues mean?: This metric represents the total gross revenue generated by the Advanced Connectivity segment, encompassing all wireless, fiber-based internet, and advanced network services provided to consumer and business clients. It serves as the primary indicator of market demand and top-line growth for the company's core telecommunications infrastructure offerings.

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