AT&T Inc. (T-PC) — Financial statements
Income statement, balance sheet, and cash flow for AT&T Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 125,648↑2.7% | 122,336↓0.1% | 122,428↑1.4% | 120,741↓9.9% | 134,038 | |
| Cost of Revenue | 25,424↓63.6% | 69,801↑1.3% | 68,900↑35.5% | 50,848↓15.8% | 60,407 | |
| Gross Profit | 100,224↑90.8% | 52,535↓1.9% | 53,528↓23.4% | 69,893↓5.1% | 73,631 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00↓100.0% | 955↑0.1% | 954↓22.8% | 1,236↓6.7% | 1,325 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 28,942↑5.9% | 27,319↓1.8% | 27,806↓4.0% | 28,961↓2.4% | 29,669 | |
| Other Expenses | 47,120 | 0.00 | 0.00↓100.0% | 44,283↑164.5% | 16,740 | |
| Operating Expenses | 76,062↑169.0% | 28,274↓1.7% | 28,760↓61.4% | 74,480↑56.0% | 47,734 | |
| Total Costs & Expenses | 101,486↑3.5% | 98,075↑0.4% | 97,660↓22.1% | 125,328↑15.9% | 108,141 | |
| Operating Results | ||||||
| Operating Income | 24,162↓0.4% | 24,261↓2.0% | 24,768↑640.0% | -4,587↓117.7% | 25,897 | |
| Depreciation & Amortization | 20,886↑1.5% | 20,580↑9.6% | 18,777↑4.2% | 18,021↑0.9% | 17,852 | |
| EBITDA | 54,697↑24.2% | 44,023↓2.9% | 45,317↑115.1% | 21,066↓60.8% | 53,719 | |
| EBIT | 33,811↑44.2% | 23,443↓11.7% | 26,540↑780.6% | 3,014↓91.6% | 35,867 | |
| Interest & Other Income | ||||||
| Net Interest Income | -6,804↓0.9% | -6,745↓0.8% | -6,692↓9.0% | -6,139↑8.3% | -6,696 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 6,804↑0.9% | 6,745↑0.8% | 6,692↑9.0% | 6,139↓8.3% | 6,696 | |
| Non-Operating Income | -9,649↓1279.6% | 818↑146.2% | -1,772↑76.7% | -7,601↑23.9% | -9,990 | |
| Other Income / Expenses | 2,845↑137.6% | -7,563↓53.7% | -4,920↓429.5% | 1,493↓54.4% | 3,274 | |
| Income Before Tax | 27,007↑61.7% | 16,698↓15.9% | 19,848↑741.5% | -3,094↓110.6% | 29,171 | |
| Income Tax Expense | 3,621↓18.5% | 4,445↑5.2% | 4,225↑11.8% | 3,780↓29.9% | 5,395 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 23,386↑90.9% | 12,253↓21.6% | 15,623↑327.3% | -6,874↓128.9% | 23,776 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00↑100.0% | -181↑92.1% | -2,297 | |
| Net Income | 21,889↑99.9% | 10,948↓24.0% | 14,400↑268.9% | -8,524↓142.4% | 20,081 | |
| Bottom-Line Net Income | 21,889↑103.7% | 10,746↓24.7% | 14,277↑263.6% | -8,727↓142.7% | 20,456 | |
| EPS (Basic) | 3.04↑104.0% | 1.49↓24.4% | 1.97↑261.5% | -1.22↓144.0% | 2.77 | |
| EPS (Diluted) | 3.04↑104.0% | 1.49↓24.4% | 1.97↑274.3% | -1.13↓141.4% | 2.73 | |
| Weighted Average Shares | 7,169↓0.4% | 7,199↑0.3% | 7,181↑0.2% | 7,166↓0.0% | 7,168 | |
| Weighted Average Diluted Shares | 7,179↓0.3% | 7,204↓0.7% | 7,258↓4.3% | 7,587↑1.1% | 7,503 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.