AT&T INC. T

Communication services SIC 4813 - Telephone Communications (No Radiotelephone) NAICS Information › Telecommunications › Wired and Wireless Telecommunications (except Satellite) › Wired and Wireless Telecommunications Carriers (except Satellite) › Wired Telecommunications Carriers derived NYSE

AT&T Inc. ("AT&T," "we" or the "Company") is a holding company incorporated under the laws of the State of Delaware in 1983 and has its principal executive offices at 208 S. Akard St., Dallas, Texas, 75202 (telephone number 210-821-4105). We maintain an internet website at www.att.com. (This website address is for information only and is not intended to be an active link or to incorporate any website information into this document.) We file electronically with the Securities and Exchange Commission (SEC) required reports on Form 8-K, Form 10-Q and Form 10-K; proxy materials; registration statements on Forms S-3 and S-8, as necessary; and other forms or reports as required. The SEC maintains a website (www.sec.gov) that contains reports, proxy and information statements, and other information regarding issuers that file electronically with the SEC. We make available, free of charge, on our website our annual report on Form 10-K, our quarterly reports on Form 10-Q, current reports on Form 8-K and all amendments to those reports as soon as reasonably practicable after such reports are electronically filed with, or furnished to, the SEC. We also make available on that website, and in print, if any stockholder or other person so requests, our "Code of Ethics" applicable to all employees and Directors, our "Corporate Governance Guidelines," and the charters for all committees of our Board of Directors, including Audit, Human Resources and Governance and Policy committees. Any changes to our Code of Ethics or waiver of our Code of Ethics for senior financial officers, executive officers or Directors will be posted on that website.

Last close 20.93 2026-10-23
Market cap $143.42B 2026-06-30 share count
52-week range 19.89 - 29.43

Valuation FY2025 figures against the last close

P/S1.1x
P/E6.9x
P/FCF7.4x
EV/EBITDA6.0x
Dividend yield5.7%
Diluted EPS3.04

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $125.65B$122.34B$122.43B$120.74B$134.04B$143.05B$181.19B$170.76B$160.55B$163.79B
SG&A $28.94B$28.41B$28.87B$28.96B$29.67B$30.82B$39.42B$36.77B$35.47B$36.84B
Total operating expenses $101.49B$103.29B$98.97B$125.33B$108.14B$134.68B$153.24B$144.66B$140.58B$140.24B
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
Pre-tax income $27.01B$16.70B$19.85B-$3.09B$29.17B-$354.0M$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
EPS, basic 3.041.491.97-1.132.77-0.751.902.854.772.10
EPS, diluted 3.041.491.97-1.132.73-0.751.892.854.762.10
Shares, diluted (wtd. avg.) 7.18B7.20B7.26B7.59B7.50B7.47B7.35B6.81B6.18B6.19B

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $18.23B$3.30B$6.72B$3.70B$19.22B$7.92B$9.70B$5.20B$50.50B$5.79B
Receivables $8.84B$9.64B$10.29B$11.47B$12.31B$20.21B$22.64B$26.47B$16.52B$16.79B
Inventory —————$3.59B$2.86B$2.77B$2.23B$2.04B
Total current assets $48.73B$31.17B$36.46B$33.11B$170.77B$52.01B$54.76B$51.43B$79.15B$38.37B
Property, plant and equipment ——————$130.13B$131.47B$125.22B$124.90B
Goodwill $63.42B$63.43B$67.85B$67.89B$92.74B$92.81B$146.24B$146.37B$105.45B$105.21B
Total assets $420.20B$394.80B$407.06B$402.85B$551.62B$525.76B$551.67B$531.86B$444.10B$403.82B
Accounts payable $29.91B$27.43B$27.31B$31.10B$29.51B$31.84B$29.64B$27.02B$24.44B$22.03B
Short-term debt $9.01B$5.09B$9.48B$7.47B$24.62B$3.47B$11.84B$10.26B$38.37B$9.83B
Total current liabilities $53.78B$46.87B$51.13B$56.17B$106.23B$63.44B$68.91B$64.42B$81.39B$50.58B
Long-term debt $134.72B$122.12B$133.40B$133.21B$167.48B$155.21B$161.11B———
Retained earnings $15.77B$1.87B-$5.01B-$19.41B$42.35B$37.46B$57.94B$58.75B$50.50B$34.73B
Total equity $126.49B$118.25B$117.44B$106.46B$183.85B$179.24B$201.93B$193.88B$142.01B$124.11B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $40.28B$38.77B$38.31B$35.81B$37.17B$37.48B$48.67B$43.60B$38.01B$38.44B
Depreciation and amortisation $20.89B$20.58B$18.78B$18.02B$17.85B$22.52B$28.22B$28.43B$24.39B$25.85B
Capital expenditure $20.84B$20.26B$17.85B$19.63B$15.54B$14.69B$19.64B$21.25B$20.65B$21.52B
Investing cash flow -$18.78B-$17.49B-$19.66B-$26.90B-$32.49B-$13.45B-$16.69B-$63.15B-$18.94B-$23.32B
Financing cash flow -$6.39B-$24.71B-$15.61B-$59.56B$1.89B-$31.03B-$25.08B-$25.99B$25.93B-$14.46B
Dividends paid $8.18B$8.21B$8.14B$9.86B$15.07B$14.96B$14.89B$13.41B$12.04B$11.80B
Buybacks $4.50B$215.0M$194.0M$890.0M$202.0M$5.50B$2.42B$609.0M$463.0M$512.0M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000732717-26-000120.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -50B 0 50B 100B 150B 200B Revenue, FY2016: 163.8B Net income, FY2016: 13B Revenue, FY2017: 160.5B Net income, FY2017: 29.4B Revenue, FY2018: 170.8B Net income, FY2018: 19.4B Revenue, FY2019: 181.2B Net income, FY2019: 13.9B Revenue, FY2020: 143.1B Net income, FY2020: -5.2B Revenue, FY2021: 134B Net income, FY2021: 20.1B Revenue, FY2022: 120.7B Net income, FY2022: -8.5B Revenue, FY2023: 122.4B Net income, FY2023: 14.4B Revenue, FY2024: 122.3B Net income, FY2024: 10.9B Revenue, FY2025: 125.6B Net income, FY2025: 22B FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $163.79B $160.55B $170.76B $181.19B $143.05B $134.04B $120.74B $122.43B $122.34B $125.65B
Gross profit — — — — — — — — — —
Net income $12.98B $29.45B $19.37B $13.90B -$5.18B $20.08B -$8.52B $14.40B $10.95B $21.95B

Recent filings and events

  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Other event Item 8.01
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Officer or director change Item 5.02
  • Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Other event Item 8.01
  • Results announced Item 2.02
  • Other event Item 8.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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