
AT&T Income Statement 2025-2006 | T
Brief overview of revenue and earnings at AT&T
This overview is based on financial performance over the past five years. Revenue reported by AT&T was $143 billion at the beginning of the period and $126 billion at the end. The five-year change reached −12.2%, while CAGR stood at −2.6%. The decline points to a contraction in the scale of the business.
The five-year EBITDA result moved by +45.8%: from 30.9 billion dollars to 45 billion dollars. Operating profitability strengthened faster than the scale of sales. EBITDA margin was 21.6% at the start and 35.9% at the end. The business generated more EBITDA from each unit of revenue.
Across the five years, the net result shifted from −5.2 billion dollars to 22 billion dollars. A negative result turned positive over the five years.
Over the period, capitalization shifted from $133 billion to $194 billion (+45.4%). The financial trend was stronger than the market valuation.
What the figures show
Positive developments coexist with areas of weakness. The constructive conclusion rests on higher operating efficiency and net-income growth. The main areas of concern are a softer top-line trend. Further direction will depend on top-line growth, operating profitability, and net income.
Annual Income Statement AT&T
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
194 B | 182 B | 121 B | 138 B | 134 B | 133 B | 274 B | 199 B | 231 B | 258 B | 203 B | - | 179 B | 200 B | 174 B | 109 B | 110 B | - | - | - |
Shares |
7.17 B | 7.2 B | 7.18 B | 7.17 B | 7.17 B | 7.16 B | 7.32 B | 6.78 B | 6.16 B | 6.17 B | 5.63 B | - | 5.37 B | 5.8 B | 5.93 B | 5.91 B | 5.9 B | - | - | - |
Historical Prices |
27.1 | 25.3 | 16.8 | 19.3 | 18.8 | 18.7 | 22.4 | 16.5 | 19.1 | 20.1 | 16.1 | 13.7 | 12.9 | 12.6 | 9.94 | 18.4 | 18.6 | 29.7 | 30.6 | 20.3 |
Net Income |
22 B | 10.9 B | 14.4 B | -8.52 B | 20.1 B | -5.18 B | 13.9 B | 19.4 B | 29.4 B | 13 B | 13.3 B | 6.22 B | 18.2 B | 7.26 B | 3.94 B | 19.9 B | 12.1 B | -2.62 B | 12 B | - |
Revenue |
126 B | 122 B | 122 B | 121 B | 134 B | 143 B | 181 B | 171 B | 161 B | 164 B | 147 B | 132 B | 129 B | 127 B | 127 B | 124 B | 123 B | 123 B | 119 B | - |
Cost of Revenue |
- | - | - | - | - | - | - | - | - | - | - | 60.6 B | 51.5 B | 55.2 B | 57.4 B | 50.3 B | 50.6 B | 56.7 B | 46.8 B | - |
Gross Profit |
- | - | - | - | - | - | 97.1 B | 91.3 B | 83.2 B | 86.9 B | 79.8 B | 71.8 B | 77.3 B | 72.2 B | 69.3 B | - | - | - | - | - |
Operating Income |
24.2 B | 19 B | 23.5 B | -4.59 B | 25.9 B | 8.37 B | 28 B | 26.1 B | 20 B | 23.5 B | 20.4 B | 12.2 B | 30.8 B | 13 B | 9.22 B | 19.6 B | 21 B | -1.69 B | 20.4 B | - |
Interest Expense |
7.75 B | 2.42 B | 6.7 B | 6.11 B | 6.72 B | 7.73 B | 8.42 B | 7.96 B | 6.3 B | 4.91 B | 4.12 B | 3.61 B | 3.94 B | 3.44 B | 3.54 B | 2.99 B | 3.37 B | 3.37 B | 3.51 B | - |
EBITDA |
45 B | 39.6 B | 42.2 B | 13.4 B | 43.7 B | 30.9 B | 57.6 B | 54.6 B | 48.2 B | 50.6 B | 46.8 B | 32.1 B | 48.9 B | 31.1 B | 30.5 B | 39 B | 40.5 B | 18 B | 42 B | - |
Operating Expenses |
- | - | - | - | - | - | 67.6 B | 65.2 B | 59.3 B | 62.2 B | 55 B | 58 B | 46.8 B | 59.2 B | 57.2 B | 105 B | 102 B | 125 B | 98.5 B | - |
General and Administrative Expenses |
28.9 B | 28.4 B | 28.9 B | 29 B | 29.7 B | 30.8 B | 39.4 B | 36.8 B | 34.9 B | 36.3 B | 33 B | 39.7 B | 28.4 B | 41.1 B | 38.8 B | 35 B | 31.4 B | 48.8 B | 30.1 B | - |
All numbers in USD currency
Quarterly Income Statement AT&T
| 2026-Q2 | 2026-Q1 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | 2010-Q3 | 2010-Q2 | 2010-Q1 | 2009-Q3 | 2009-Q2 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
6.94 B | 7.02 B | 7.16 B | 7.21 B | 7.21 B | 7.2 B | 7.2 B | 7.19 B | 7.18 B | 7.18 B | 7.17 B | - | 7.15 B | 7.17 B | 7.18 B | - | 7.17 B | 7.17 B | 7.16 B | - | 7.15 B | 7.16 B | 7.19 B | - | 7.33 B | 7.32 B | 7.31 B | - | 7.28 B | 6.35 B | 6.16 B | - | 6.16 B | 6.16 B | 6.17 B | - | 6.17 B | 6.17 B | 6.17 B | - | 5.92 B | 5.2 B | 5.2 B | - | 5.2 B | 5.2 B | 5.22 B | - | 5.32 B | 5.38 B | 5.51 B | - | 5.77 B | 5.86 B | 5.92 B | - | 5.94 B | 5.93 B | 5.92 B | - | - | - | - | - |
Net Income |
4.63 B | 3.83 B | 9.31 B | 4.5 B | 4.35 B | -174 M | 3.6 B | 3.44 B | 3.5 B | 4.49 B | 4.23 B | - | 6.03 B | 4.16 B | 4.81 B | - | 5.92 B | 1.57 B | 7.55 B | - | 2.82 B | 8.71 B | 4.61 B | 2.39 B | 3.7 B | 3.71 B | 4.1 B | 4.86 B | 4.72 B | 5.13 B | 4.66 B | 19 B | 4.72 B | 5.13 B | 4.66 B | 2.44 B | 3.33 B | 3.41 B | 3.8 B | 4.01 B | 2.99 B | 3.08 B | 3.26 B | -4 B | 3.13 B | 3.62 B | 3.69 B | 6.91 B | 3.81 B | 3.82 B | 3.7 B | -3.86 B | 3.64 B | 3.9 B | 3.58 B | -6.68 B | 3.62 B | 3.59 B | 3.41 B | 12.3 B | 4.02 B | 2.48 B | 3.19 B | 3.2 B |
Revenue |
31.6 B | 31.5 B | 30.7 B | 30.8 B | 30.6 B | 30.2 B | 29.8 B | 30 B | 30.4 B | 29.9 B | 30.1 B | - | 30 B | 29.6 B | 29.7 B | - | 31.3 B | 44 B | 43.9 B | - | 42.3 B | 126 B | 42.8 B | 46.8 B | 44.6 B | 45 B | 44.8 B | 48 B | 45.7 B | 39 B | 38 B | 41.7 B | 45.7 B | 39 B | 38 B | 41.8 B | 40.9 B | 40.5 B | 40.5 B | 42.1 B | 39.1 B | 33 B | 32.6 B | 34.4 B | 33 B | 32.6 B | 32.5 B | 33.2 B | 32.2 B | 32.1 B | 31.4 B | 32.6 B | 31.5 B | 31.6 B | 31.8 B | 32.5 B | 31.5 B | 31.5 B | 31.2 B | 31.6 B | 30.8 B | 30.6 B | 30.9 B | 30.7 B |
Cost of Revenue |
- | - | - | - | - | - | - | - | 160 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 8.65 B | - | - | - | 9.69 B | - | - | - | - | - | - | - | - | 15.1 B | 14.6 B | - | 14.5 B | 14.2 B | 13.3 B | - | 13.4 B | 13.3 B | 12.6 B | - | 12.6 B | 12.3 B | 12.8 B | - | 12.7 B | 12.8 B | 12.8 B | 13.5 B | 12.4 B | 12.3 B | 12.9 B | 12.5 B |
Operating Income |
7.04 B | 6.66 B | 6.12 B | 6.5 B | 5.75 B | 2.12 B | 5.76 B | 5.85 B | 5.78 B | 6.41 B | 6 B | - | 6.01 B | 4.96 B | 5.54 B | - | 6.24 B | 3.27 B | 7.66 B | - | 6.13 B | 17.2 B | 7.49 B | 5.32 B | 7.9 B | 7.5 B | 7.23 B | 6.16 B | 7.27 B | 6.47 B | 6.2 B | 1.28 B | 7.27 B | 6.47 B | 6.2 B | 4.82 B | 5.95 B | 6.1 B | 6.67 B | 7.53 B | 5.92 B | 5.77 B | 5.56 B | -5.47 B | 5.61 B | 5.74 B | 6.34 B | 12.2 B | 6.19 B | 6.11 B | 5.94 B | -5.96 B | 6.04 B | 6.82 B | 6.1 B | -8.99 B | 6.24 B | 6.16 B | 5.81 B | 5.46 B | 6.11 B | 6.01 B | 5.39 B | 5.51 B |
Interest Expense |
696 M | 594 M | 6.25 B | 767 M | 455 M | 717 M | 682 M | 451 M | 440 M | 1.61 B | 1.71 B | - | 1.42 B | 1.5 B | 1.63 B | - | 1.63 B | 1.68 B | 1.87 B | - | 1.97 B | 6.03 B | 2.02 B | - | 2.08 B | 2.15 B | 2.14 B | - | 2.05 B | 2.02 B | 1.77 B | - | 1.69 B | 1.4 B | 1.29 B | - | 1.22 B | 1.26 B | 1.21 B | - | 1.15 B | 932 M | 899 M | - | 1.02 B | 881 M | 860 M | - | 829 M | 825 M | 827 M | - | 824 M | 941 M | 859 M | - | 889 M | 848 M | 846 M | 729 M | 754 M | 767 M | 853 M | 879 M |
EBITDA |
12 B | 11.6 B | 11.4 B | 11.8 B | 10.9 B | 7.2 B | 10.8 B | 10.9 B | 10.5 B | 11.1 B | 10.6 B | - | 10.5 B | 9.41 B | 10 B | - | 10.7 B | 9.03 B | 13.5 B | - | 13.2 B | 38.7 B | 14.7 B | 5.32 B | 14.8 B | 14.6 B | 14.4 B | 6.16 B | 15.4 B | 12.8 B | 12.2 B | 1.28 B | 13.3 B | 12.6 B | 12.3 B | 4.82 B | 12.5 B | 12.7 B | 13.2 B | 7.53 B | 12.2 B | 10.5 B | 10.1 B | -5.47 B | 10.1 B | 10.3 B | 11 B | 12.2 B | 10.8 B | 10.7 B | 10.5 B | -5.96 B | 10.5 B | 11.3 B | 10.7 B | -8.99 B | 10.9 B | 10.8 B | 10.4 B | 10.4 B | 11 B | 10.8 B | 10.3 B | 10.4 B |
Operating Expenses |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 27 B | 26.2 B | - | 26 B | 26 B | 25.4 B | - | 25.4 B | 24.8 B | 25.7 B | - | 25.2 B | 25.3 B | 25.4 B | 26.1 B | 24.7 B | 24.6 B | 25.5 B | 25.2 B |
General and Administrative Expenses |
7.22 B | 7.32 B | 7.45 B | 6.94 B | 7.14 B | 6.96 B | 7.04 B | 7.02 B | 7.2 B | 7.01 B | 7.18 B | - | 7.2 B | 7.26 B | 6.98 B | - | 7.09 B | 9.36 B | 9.38 B | - | 9.27 B | 27.9 B | 8.76 B | - | 9.58 B | 9.84 B | 9.65 B | - | 9.6 B | 8.68 B | 7.9 B | - | 8.65 B | 8.56 B | 8.77 B | - | 9.01 B | 8.91 B | 8.44 B | - | 9.11 B | 7.47 B | 7.96 B | - | 8.48 B | 8.2 B | 8.26 B | - | 7.95 B | 8.12 B | 8.33 B | - | 8.31 B | 8 B | 8.34 B | - | 7.97 B | 7.97 B | 8.04 B | 7.71 B | 7.48 B | 7.48 B | 7.67 B | 7.85 B |
All numbers in USD currency
The income statement is one of the three key financial reports of a company AT&T (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.