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AT&T T Legacy — Total operating revenues

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Advanced Connectivity
$28.62B+4.1%
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$1.22B+16.1%
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$87M-7.4%

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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$158.02B-19.6%
Enterprise value$303.33B-9.8%
P/E7.3×-8.1×
P/S1.2×-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.
Other service1511,6321,783871,870
Total Service23,4781,63278025,8908725,977
Equipment5,1374445,5815,581
Operating Revenues28,6151,6321,22431,4718731,558
Operating Expenses
Operations and support expenses16,5831,10999718,68943019,119
Asset impairments and abandonments and restructuring286286
Transaction, legal and other costs149149

Item 1. Financial Statements

FAQ

What is AT&T's legacy — total operating revenues?
AT&T (T) reported legacy — total operating revenues of $1.63B in Q2 2026.
What does legacy — total operating revenues mean?
This metric captures the total revenue generated from legacy voice and data services delivered over copper-based infrastructure. It serves as a primary indicator of the top-line performance of the declining wireline business. Investors monitor this to gauge the pace of customer migration to modern fiber or wireless alternatives.

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