AT&T INC.

T-PC ·Communication Services, Telecom Services, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010
Revenue $160.55B $163.79B $146.80B $132.45B $128.75B $127.43B $126.72B $124.28B
Cost of Revenue $60.61B $51.46B $55.23B $54.90B $50.26B
Gross Profit $71.84B $77.29B $72.21B $71.82B $74.02B
Gross Margin 54.2% 60.0% 56.7% 56.7% 59.6%
Operating Expenses
Research & Development
SG&A Expense $35.47B $36.85B $32.92B $39.70B $28.41B $41.07B $41.31B $34.99B
Operating Income $19.97B $23.54B $24.79B $12.21B $30.75B $13.00B $9.22B $19.57B
Operating Margin 12.4% 14.4% 16.9% 9.2% 23.9% 10.2% 7.3% 15.7%
Interest Expense $6.30B $4.91B $4.12B $3.61B $3.94B $3.44B $3.54B $2.99B
Pretax Income $15.14B $19.81B $20.69B $10.36B $28.05B $10.44B $6.72B $18.24B
Income Tax Expense $-14.71B $6.48B $7.01B $3.62B $9.33B $2.90B $2.53B $-1.16B
Net Income $29.45B $12.98B $13.35B $6.44B $18.42B $7.26B $3.94B $19.86B
Net Margin 18.3% 7.9% 9.1% 4.9% 14.3% 5.7% 3.1% 16.0%
EPS (Basic) $4.77 $2.10 $2.37 $1.24 $3.42 $1.25 $0.66 $3.36
EPS (Diluted) $4.76 $2.10 $2.37 $1.24 $3.42 $1.25 $0.66 $3.35
Shares Outstanding (Basic) 6.16B 6.17B 5.63B 5.21B 5.37B 5.80B 5.93B 5.91B
Shares Outstanding (Diluted) 6.18B 6.19B 5.65B 5.22B 5.39B 5.82B 5.95B 5.94B
Dividends Per Share $1.97 $1.93 $1.89 $1.81 $1.81 $1.77 $1.73 $1.69
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