Operating CF
$38.79B
Capex
−$21.44B
Free Cash Flow
$17.35B
FCF Margin
+44.7%
Cash flow waterfall for AT&T (T) — TTM through Q1 2026
Free cash flow: $17.35B
Cash flow breakdown for AT&T (T) — TTM through Q1 2026
| Line item | Amount | Running total |
|---|---|---|
| Operating Cash Flow | $38.79B | $38.79B |
| Capital Expenditure | −$21.44B | $17.35B |
| Free Cash Flow | $17.35B | $17.35B |
| Acquisitions | −$2.40B | $14.95B |
| Other Investing | −$1.63B | $13.32B |
| Share Buybacks | −$4.68B | $8.64B |
| Dividends Paid | −$8.09B | $550.00M |
| Net Debt Change | $9.91B | $10.46B |
| Other Financing & FX | −$5.23B | $5.23B |
| Net Cash Increase | $5.23B | $5.23B |
- Operating Cash Flow$38.79B
- Capital Expenditure−$21.44B
- Free Cash Flow$17.35B
- Acquisitions−$2.40B
- Other Investing−$1.63B
- Share Buybacks−$4.68B
- Dividends Paid−$8.09B
- Net Debt Change$9.91B
- Other Financing & FX−$5.23B
- Net Cash Increase$5.23B
Want to see what drove the FCF change?Free Cash Flow Bridge
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