Form 10-Q · Quarterly report
AT&T 10-Q, filed Jul 22, 2026
- Filed
- CIK
- 0000732717
- Accession no.
- 0000732717-26-000297
Summary
AT&T reported second-quarter 2026 results by segment, with Advanced Connectivity operating income of $7.3 billion, up 20.3% year over year, and EBITDA of $12.0 billion, up 8.0%, while the Legacy segment's operating income fell 45.5% to $523 million and Latin America operating income fell 17.4% to $38 million. The company repurchased 86.2 million shares during the quarter at an average price of $25.01 and said it had no material risk-factor developments.
Key points
- Advanced Connectivity first-half operating income was $14.2 billion versus $12.1 billion a year earlier, with EBITDA of $23.6 billion versus $22.1 billion.
- Legacy segment EBITDA fell to $523 million in the second quarter from $959 million a year earlier, and Latin America EBITDA rose to $227 million from $201 million.
- AT&T repurchased 86,234,025 common shares in the second quarter of 2026 at an average price of $25.01, leaving $11,296 million available under announced authorizations.
- The CEO and CFO concluded AT&T's disclosure controls and procedures were effective as of June 30, 2026, with no material change in internal control over financial reporting during the quarter.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations- Continued Dollars in millions except per share amounts DISCUSSION AND RECONCILIATION OF NON-GAAP MEASURES We also evaluate segment performance based on EBITDA, which is defined as operating income excluding depreciation and amortization, and/or EBITDA margin, which is defined as EBITDA divided by total revenue. EBITDA is used as part of our management reporting, and we believe EBITDA to be a relevant and useful measurement to our investors as it measures the cash generation potential of our operations. …
An excerpt of the text as filed with the SEC, cut for length.
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