AT&T Inc. (BIT:1T)

AT&T Inc. Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	123,984	122,336	122,428	120,741	134,038	143,050
Revenue Growth (YoY)	1.46%	-0.07%	1.40%	-9.92%	-6.30%	-21.05%
Cost of Revenue	50,008	49,221	50,123	50,848	60,407	65,651
Gross Profit	73,976	73,115	72,305	69,893	73,631	77,399
Selling, General & Admin	28,437	28,411	28,874	28,961	29,669	30,817
Depreciation & Amortization Expenses	20,902	20,580	18,777	18,021	17,852	22,523
Other Operating Expenses	4,940	5,075	1,193	27,498	213	15,687
Operating Income	19,697	19,049	23,461	-4,587	25,897	8,372
Interest Income	3,271	1,989	1,675	1,791	603	89
Interest Expense	-6,649	-6,759	-6,704	-6,108	-6,716	-7,727
Other Non-Operating Income (Expense)	2,508	2,419	1,416	5,810	9,387	-1,088
Total Non-Operating Income (Expense)	-870	-2,351	-3,613	1,493	3,274	-8,726
Pretax Income	18,827	16,698	19,848	-3,094	29,171	-354
Provision for Income Taxes	4,721	4,445	4,225	3,780	5,395	1,168
Net Income	12,664	10,746	14,192	-8,727	19,874	-5,369
Minority Interest in Earnings	1,349	1,305	1,223	1,469	1,398	1,355
Net Income Attributable to Preferred Dividends	93	202	208	203	207	193
Earnings From Discontinued Operations	-	-	-	-181	-2,297	-2,299
Net Income to Common	12,664	10,746	14,192	-8,727	19,874	-5,369
Net Income Growth	1.15%	-24.28%	-	-	-	-
Shares Outstanding (Basic)	7,207	7,199	7,181	7,166	7,168	7,157
Shares Outstanding (Diluted)	7,217	7,204	7,258	7,587	7,503	7,466
Shares Change (YoY)	0.34%	-0.74%	-4.34%	1.12%	0.50%	1.61%
EPS (Basic)	1.76	1.49	1.97	-1.10	2.77	-0.75
EPS (Diluted)	1.76	1.49	1.97	-1.10	2.73	-0.75
EPS Growth	1.15%	-24.37%	-	-	-	-
Free Cash Flow	19,624	18,508	20,461	12,397	26,413	28,439
Free Cash Flow Growth	6.03%	-9.54%	65.05%	-53.06%	-7.12%	-2.05%
Free Cash Flow Per Share	2.72	2.57	2.82	1.63	3.52	3.81
Dividends Per Share	1.110	1.110	1.110	1.110	2.080	2.080
Dividend Growth	-	-	-	-46.63%	-	1.46%
Gross Margin	59.67%	59.77%	59.06%	57.89%	54.93%	54.11%
Operating Margin	15.89%	15.57%	19.16%	-3.80%	19.32%	5.85%
Profit Margin	11.38%	10.02%	12.76%	-5.69%	17.74%	-1.06%
FCF Margin	15.83%	15.13%	16.71%	10.27%	19.71%	19.88%
EBITDA	40,599	39,629	42,238	13,434	43,749	30,895
EBITDA Margin	32.75%	32.39%	34.50%	11.13%	32.64%	21.60%
EBIT	19,697	19,049	23,461	-4,587	25,897	8,372
EBIT Margin	15.89%	15.57%	19.16%	-3.80%	19.32%	5.85%
Effective Tax Rate	25.08%	26.62%	21.29%	-122.17%	18.49%	-329.94%

Updated Jun 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.