What is AT&T's legacy — D&A?

AT&T (T) reported legacy — D&A of $0 in Q1 2026.

What does legacy — D&A mean?

The non-cash expense representing the wear and tear of legacy copper network infrastructure.

How do you interpret legacy — D&A?

A declining trend may suggest that assets are becoming fully depreciated or that the asset base is shrinking.

How does legacy — D&A compare across companies?

Comparable to depreciation and amortization of wireline assets at other legacy-heavy telecom firms.

AT&T T Legacy — D&A

Other segment segments

Advanced Connectivity

$4.71B—

Latin America

$200M—

Corporate & Other

$61M-9.0%

Similar metrics at other companies

TWLOCommunications Segment — D&A

$16.7M-9.7%

BRGlobal Technology and Operations — D&A

$11.4M-14.3%

AEPVertically Integrated Utilities — Depreciation and Amortization

$436.9M+9.2%

FOXACable Network Programming — D&A

$25M+4.2%

CNP

CNPCorporate and Other — D&A

$6M0.0%

ITTConnect & Control Technologies — Depreciation & Amortization

$7.6M-30.9%

Other financials

Income statement

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Revenue$31.5B+2.9%

Operating income$6.7B+15.7%

Net income$3.8B-12.0%

EPS (diluted)$0.54-11.5%

Balance sheet

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Cash & equivalents$12.0B+73.8%

Total debt$157.31B+9.6%

Total assets$421.19B+6.0%

Cash flow

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Operating cash flow$7.6B-16.1%

CapEx$4.9B+14.0%

Free cash flow$2.7B-43.0%

Valuation

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Market cap$155.92B-0.3%

Enterprise value$301.27B+2.4%

P/E7.3×-5.9×

P/S1.2×0.0×

Profitability

See full

Gross margin93%—

Operating margin19.8%+4.4pp

Net margin16.9%+7.3pp

Returns & leverage

See full

Current ratio0.9×+0.2×

Where this comes from

Reported directly by AT&T in its filing.

Tagged under the XBRL concept us-gaap:DepreciationDepletionAndAmortization.

The official record: AT&T’s 10-Q, filed April 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is AT&T's legacy — D&A?: AT&T (T) reported legacy — D&A of $0 in Q1 2026.
What does legacy — D&A mean?: The non-cash expense representing the wear and tear of legacy copper network infrastructure.
How do you interpret legacy — D&A?: A declining trend may suggest that assets are becoming fully depreciated or that the asset base is shrinking.
How does legacy — D&A compare across companies?: Comparable to depreciation and amortization of wireline assets at other legacy-heavy telecom firms.