What is AT&T's legacy — transaction, legal and other costs?

AT&T (T) reported legacy — transaction, legal and other costs of $0 in Q2 2026.

What does legacy — transaction, legal and other costs mean?

This represents incidental costs such as legal fees, transaction-related expenses, or other non-operating charges specifically tied to the legacy business segment. These costs are typically excluded from core operating performance to provide a clearer view of underlying profitability. Monitoring these helps identify one-time financial burdens on the segment.

AT&T (T) Legacy — Transaction, legal and other costs

Screener

Other segment segments

Corporate & Other

$149M+204%

Advanced Connectivity

$0—

Latin America

$0—

Similar metrics at other companies

AMEEIG — Integration cost

$6.33M-13.4%

AMEEMG — Integration cost

$3M-58.9%

PRAALegal Costs

$52.53M+39.8%

PRAALegal Costs

$52.53M+39.8%

JBGSTransaction And Other Costs

$9.84M+415%

LBRTTransaction and other costs

$7.69M—

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 ratio1×+0.2×

Where this comes from

Reported directly by AT&T in its filing.

Tagged under the XBRL concept us-gaap:BusinessCombinationIntegrationRelatedCosts.

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.
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
Depreciation and amortization	4,687	—	189	4,876	90	4,966
Operating Expenses	21,270	1,109	1,186	23,565	955	24,520
Operating Income (Loss)	$7,345	$523	$38	$7,906	$(868)	$7,038
Total other income (expense)						(1,216)

Item 1. Financial Statements

FAQ

What is AT&T's legacy — transaction, legal and other costs?: AT&T (T) reported legacy — transaction, legal and other costs of $0 in Q2 2026.
What does legacy — transaction, legal and other costs mean?: This represents incidental costs such as legal fees, transaction-related expenses, or other non-operating charges specifically tied to the legacy business segment. These costs are typically excluded from core operating performance to provide a clearer view of underlying profitability. Monitoring these helps identify one-time financial burdens on the segment.