AT&T Financial Statements
NYSE: TTelecommunicationsTelecommunications EquipmentUSD
At close: Oct 9, 4:02 PM ET · Delayed 15 min
AT&T revenue and earnings
In fiscal 2025, AT&T generated $125.65 billion in revenue, up 2.7% from fiscal 2024. Net income was $21.95 billion (+100.5% year over year), for a net margin of 17.5% versus a median of 8.9% in the prior 5 years. Operating margin was 19.2%.
Diluted earnings per share came in at $3.04, up from $1.49. Over the last 5 fiscal years, T's revenue has grown at a -2.6% compound annual rate (a contraction).
Summary generated from market data by MetaCap's automated system. Methodology
AT&T income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20152016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 125.65B | 122.34B | 122.43B | 120.74B | 134.04B | 143.05B | 181.19B | 170.76B | 160.55B | 163.79B |
| Revenue growth (YoY) | +2.71% | -0.08% | +1.40% | -9.92% | -6.30% | -21.05% | +6.11% | +6.36% | -1.98% | +11.57% |
| Cost of Revenue | — | — | — | — | — | — | — | 19.79B | 18.71B | 18.76B |
| Gross Profit | — | — | — | — | — | — | — | 150.97B | 141.84B | 145.03B |
| Operating Expenses | — | — | — | — | — | — | — | 124.87B | 121.87B | 121.49B |
| Selling, General & Admin | 28.94B | 28.41B | 28.87B | 28.96B | 29.67B | 30.82B | 39.42B | 36.77B | 35.47B | 36.84B |
| Operating Income | 24.16B | 19.05B | 23.46B | -4.59B | 25.90B | 8.37B | 27.95B | 26.10B | 19.97B | 23.54B |
| Interest Expense | 6.80B | 6.76B | 6.70B | 6.11B | 6.72B | 7.73B | 8.42B | 7.96B | 6.30B | 4.91B |
| Other Income (Expense) | 2.85B | -2.35B | -3.61B | 1.49B | 3.27B | -8.73B | -9.49B | -1.22B | -4.83B | -3.73B |
| Pretax Income | 27.01B | 16.70B | 19.85B | -3.09B | 29.17B | -354.00M | 18.47B | 24.87B | 15.14B | 19.81B |
| Income Tax | 3.62B | 4.45B | 4.22B | 3.78B | 5.39B | 1.17B | 3.49B | 4.92B | -14.71B | 6.48B |
| Net Income | 21.95B | 10.95B | 14.40B | -8.52B | 20.08B | -5.18B | 13.90B | 19.37B | 29.45B | 12.98B |
| Net Income growth (YoY) | +100.52% | -23.97% | — | -142.45% | — | -137.23% | -28.22% | -34.23% | +126.96% | -2.77% |
| EPS (Basic) | 3.04 | 1.49 | 1.97 | -1.13 | 2.77 | -0.75 | 1.90 | 2.85 | 4.77 | 2.10 |
| EPS (Diluted) | 3.04 | 1.49 | 1.97 | -1.13 | 2.73 | -0.75 | 1.89 | 2.85 | 4.76 | 2.10 |
| Shares Outstanding (Basic) | 7.17B | 7.20B | 7.18B | 7.17B | 7.17B | 7.16B | 7.32B | 6.78B | 6.16B | 6.17B |
| Shares Outstanding (Diluted) | 7.18B | 7.20B | 7.26B | 7.59B | 7.50B | 7.47B | 7.35B | 6.81B | 6.18B | 6.19B |
| EBITDA | 45.05B | 39.63B | 42.24B | 13.43B | 43.75B | 30.89B | 56.17B | 54.53B | 44.36B | 49.39B |
| Gross Margin | — | — | — | — | — | — | — | 88.41% | 88.35% | 88.55% |
| Operating Margin | 19.23% | 15.57% | 19.16% | -3.80% | 19.32% | 5.85% | 15.43% | 15.28% | 12.44% | 14.37% |
| Net Margin | 17.47% | 8.95% | 11.76% | -7.06% | 14.98% | -3.62% | 7.67% | 11.34% | 18.34% | 7.92% |
This table shows 10 annual periods of AT&T's income statement, from FY 2025 back to FY 2015, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow T's reporting calendar. What is a income statement?