AT&T INC.

TBB ·Communication Services, Telecom Services, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2009 FY2008 FY2007
Revenue $122.51B $123.44B $118.93B
Cost of Revenue $50.64B $56.69B $46.80B
Gross Profit $71.87B $66.76B $72.13B
Gross Margin 58.7% 54.1% 60.6%
Operating Expenses
Research & Development
SG&A Expense $31.36B $48.77B $30.15B
Operating Income $21.00B $-1.69B $20.40B
Operating Margin 17.1% -1.4% 17.2%
Interest Expense $3.37B $3.37B $3.51B
Pretax Income $18.52B
Income Tax Expense $6.09B $-2.21B $6.25B
Net Income $12.14B $-2.63B $11.95B
Net Margin 9.9% -2.1% 10.0%
EPS (Basic) $2.06 $-0.44 $1.95
EPS (Diluted) $2.05 $-0.44 $1.94
Shares Outstanding (Basic) 5.90B
Shares Outstanding (Diluted) 5.92B 5.96B
Dividends Per Share $1.65 $1.61
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