AT&T INC.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $4.63B | $3.83B | $3.79B | $9.31B | $4.50B | $4.35B | $4.08B | $-174.0M |
| Depreciation & Amortization | $4.97B | $4.97B | $5.13B | $5.32B | $5.25B | $5.19B | $5.37B | $5.09B |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $10.80B | $7.60B | $11.32B | $10.15B | $9.76B | $9.05B | $11.90B | $10.24B |
| Investing Activities | ||||||||
| Capital Expenditures | $5.70B | $4.88B | $6.78B | $4.89B | $4.90B | $4.28B | $6.84B | $5.30B |
| Business Acquisitions | $51.0M | $2.67B | $332.0M | $-1.0M | $28.0M | $20.0M | $58.0M | $52.0M |
| Net Cash from Investing Activities | — | — | $-4.34B | $-3.39B | $-6.09B | $-4.96B | $-5.36B | $-5.15B |
| Financing Activities | ||||||||
| Dividends Paid | $1.98B | $2.00B | $2.01B | $2.03B | $2.04B | $2.09B | $2.04B | $2.04B |
| Stock Repurchases | $2.19B | $2.48B | $1.83B | $1.49B | $961.0M | $218.0M | $13.0M | $43.0M |
| Net Cash from Financing Activities | — | — | $-8.78B | $2.99B | $-45.0M | $-553.0M | $-5.85B | $-5.56B |
| Net Change in Cash | $5.61B | $-6.20B | — | — | $3.63B | $3.54B | — | — |
| Free Cash Flow | $5.10B | $2.72B | $4.54B | $5.27B | $4.87B | $4.77B | $5.05B | $4.93B |