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AT&T T Total costs & expenses

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Segments

By segment

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Advanced Connectivity$21.27B-0.6%
Latin America$1.19B+17.7%
Legacy$1.11B-10.8%
Corporate & Other$955M+35.7%

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$159.32B-19.5%
Enterprise value$304.64B-9.7%
P/E7.4×-8.1×
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:CostsAndExpenses.

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
Line itemThree months ended / June 30, 2026Three months ended / June 30, 2025Six months ended / June 30, 2026Six months ended / June 30, 2025
Selling, general and administrative7,2216,94514,53714,090
Asset impairments and abandonments and restructuring286286504
Depreciation and amortization4,9665,2519,93210,441
Total operating expenses24,52024,34649,36849,218
Operating Income7,0386,50113,69612,255
Other Income (Expense)
Interest expense(1,883)(1,655)(3,696)(3,313)
Equity in net income (loss) of affiliates(29)485(70)1,925

Item 1. Financial Statements

FAQ

What is AT&T's total costs & expenses?
AT&T (T) reported total costs & expenses of $24.52B in Q2 2026.
How has AT&T's total costs & expenses changed year-over-year?
AT&T's total costs & expenses increased by 0.7% year-over-year, from $24.35B to $24.52B.
What is the long-term trend for AT&T's total costs & expenses?
Over 4 years (2021 to 2025), AT&T's total costs & expenses has grown at a -3.2% compound annual growth rate (CAGR), from $115.74B to $101.49B.
What does total costs & expenses mean?
This metric represents the aggregate sum of all operating and non-operating costs incurred by the company to generate revenue during a specific reporting period. It encompasses cost of goods sold, selling, general and administrative expenses, depreciation, amortization, and other operational charges. Monitoring this figure allows investors to evaluate the company's overall cost structure and operational efficiency in relation to its top-line performance.

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