AT&T Inc. Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	125,648	122,336	122,428	120,741	134,038
Revenue Growth (YoY)	2.71%	-0.07%	1.40%	-9.92%	-6.30%
Cost of Revenue	50,820	49,221	50,123	50,848	60,407
Gross Profit	74,828	73,115	72,305	69,893	73,631
Selling, General & Admin	28,942	28,411	28,874	28,961	29,669
Depreciation & Amortization Expenses	20,886	20,580	18,777	18,021	17,852
Other Operating Expenses	838	5,075	1,193	27,498	213
Operating Income	24,162	19,049	23,461	-4,587	25,897
Interest Income	1,895	1,989	1,675	1,791	603
Interest Expense	-6,804	-6,759	-6,704	-6,108	-6,716
Other Non-Operating Income (Expense)	-	-	-	5,810	9,387
Total Non-Operating Income (Expense)	-4,909	-4,770	-5,029	1,493	3,274
Pretax Income	27,007	16,698	19,848	-3,094	29,171
Provision for Income Taxes	3,621	4,445	4,225	3,780	5,395
Net Income	21,889	10,746	14,192	-8,727	19,874
Minority Interest in Earnings	1,433	1,305	1,223	1,469	1,398
Net Income Attributable to Preferred Dividends	64	202	208	203	207
Earnings From Discontinued Operations	-	-	-	-181	-2,297
Net Income to Common	21,889	10,746	14,192	-8,727	19,874
Net Income Growth	103.69%	-24.28%	-	-	-
Shares Outstanding (Basic)	7,169	7,199	7,181	7,166	7,168
Shares Outstanding (Diluted)	7,179	7,204	7,258	7,587	7,503
Shares Change (YoY)	-0.35%	-0.74%	-4.34%	1.12%	0.50%
EPS (Basic)	3.04	1.49	1.97	-1.10	2.77
EPS (Diluted)	3.04	1.49	1.97	-1.10	2.73
EPS Growth	104.03%	-24.37%	-	-	-
Free Cash Flow	19,442	18,508	20,461	12,397	26,413
Free Cash Flow Growth	5.05%	-9.54%	65.05%	-53.06%	-7.12%
Free Cash Flow Per Share	2.71	2.57	2.82	1.63	3.52
Dividends Per Share	1.110	1.110	1.110	1.110	2.080
Dividend Growth	-	-	-	-46.63%	-
Gross Margin	59.55%	59.77%	59.06%	57.89%	54.93%
Operating Margin	19.23%	15.57%	19.16%	-3.80%	19.32%
Profit Margin	18.61%	10.02%	12.76%	-5.69%	17.74%
FCF Margin	15.47%	15.13%	16.71%	10.27%	19.71%
EBITDA	45,048	39,629	42,238	13,434	43,749
EBITDA Margin	35.85%	32.39%	34.50%	11.13%	32.64%
EBIT	24,162	19,049	23,461	-4,587	25,897
EBIT Margin	19.23%	15.57%	19.16%	-3.80%	19.32%
Effective Tax Rate	13.41%	26.62%	21.29%	-122.17%	18.49%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.