AT&T INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $125.65B | $122.34B | $122.43B | $120.74B | $134.04B | $143.05B | $181.19B | $170.76B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $28.94B | $28.41B | $28.87B | $28.96B | $29.67B | $30.82B | $39.42B | $36.77B |
| Operating Income | $24.16B | $19.05B | $23.46B | $-4.59B | $25.90B | $8.37B | $27.96B | $26.10B |
| Operating Margin | 19.2% | 15.6% | 19.2% | -3.8% | 19.3% | 5.9% | 15.4% | 15.3% |
| Interest Expense | — | — | $6.70B | $6.11B | $6.72B | $7.73B | $8.42B | $7.96B |
| Pretax Income | $27.01B | $16.70B | $19.85B | $-3.09B | $29.17B | $-354.0M | $18.47B | $24.87B |
| Income Tax Expense | $3.62B | $4.45B | $4.23B | $3.78B | $5.40B | $1.17B | $3.49B | $4.92B |
| Net Income | $21.95B | $10.95B | $14.40B | $-8.52B | $20.08B | $-5.18B | $13.90B | $19.37B |
| Net Margin | 17.5% | 8.9% | 11.8% | -7.1% | 15.0% | -3.6% | 7.7% | 11.3% |
| EPS (Basic) | $3.04 | $1.49 | $1.97 | $-1.13 | $2.77 | $-0.75 | $1.90 | $2.85 |
| EPS (Diluted) | $3.04 | $1.49 | $1.97 | $-1.13 | $2.73 | $-0.75 | $1.89 | $2.85 |
| Shares Outstanding (Basic) | 7.17B | 7.20B | 7.18B | 7.17B | 7.17B | 7.16B | 7.32B | 6.78B |
| Shares Outstanding (Diluted) | 7.18B | 7.20B | 7.26B | 7.59B | 7.50B | 7.47B | 7.35B | 6.81B |
| Dividends Per Share | $1.11 | $1.11 | $1.11 | $1.11 | $2.08 | $2.08 | $2.05 | $2.01 |