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AT&T T Business transitional and other — Total operating revenues

Other product segments

Wireless service
$18.19B+3.9%
Advanced home internet
$2.93B+27.3%
Business fiber and advanced connectivity
$1.95B+10.0%

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Other financials

Income statement

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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

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Cash & equivalents$17.6B+67.3%
Total debt$162.89B+8.5%
Total assets$428.36B+5.6%

Cash flow

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Operating cash flow$10.8B+10.6%
CapEx$5.7B+16.4%
Free cash flow$5.1B+4.8%

Valuation

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Market cap$162.47B-17.3%
Enterprise value$307.79B-8.4%
P/E7.5×-7.9×
P/S1.3×-0.3×

Profitability

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Gross margin93%
Operating margin20.1%+4.2pp
Net margin16.9%+6.7pp
FCF margin13.9%-2.0pp

Returns & leverage

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Current ratio+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, 2026For the three months ended June 30, 2026 / Advanced ConnectivityFor the three months ended June 30, 2026 / LegacyFor the three months ended June 30, 2026 / Latin AmericaFor the three months ended June 30, 2026 / Total SegmentCorporate & OtherAT&T Inc.
Business2,421
Advanced home internet2,9262,9262,926
Business fiber and advanced connectivity1,9461,9461,946
Business transitional and other1,0421,0421,042
Other service1511,6321,783871,870
Total Service23,4781,63278025,8908725,977
Equipment5,1374445,5815,581
Operating Revenues28,6151,6321,22431,4718731,558

Item 1. Financial Statements

FAQ

What is AT&T's business transitional and other — total operating revenues?
AT&T (T) reported business transitional and other — total operating revenues of $1.04B in Q2 2026.
What does business transitional and other — total operating revenues mean?
This metric represents the total revenue generated from legacy and non-core enterprise communication services, including virtual private networks, wholesale network capacity, and managed outsourcing solutions. It captures the financial performance of business segments currently undergoing structural shifts or managed decline as the company transitions toward modern fiber and 5G-based connectivity solutions. Monitoring this segment is critical for assessing the pace of revenue attrition in legacy product lines relative to the growth of core strategic services.

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