Financials · T
For the twelve months ended Sep 30, 2026, AT&T Inc. reported $128.85B of revenue and $13.13B of net income.
T revenue was $32.32B in fiscal Q3 2026 (ended Sep 30, 2026), up 5.3% from a year earlier and up 2.4% from the prior quarter. For the full fiscal 2025 it was $125.65B, up 2.7% from fiscal 2024. Compound annual growth was -2.6% over 5 years and -1.5% over 10 years. It rose in 5 of the last 10 fiscal years.
T net income was $891.00M in fiscal Q3 2026 (ended Sep 30, 2026), down 90.4% from a year earlier and down 80.7% from the prior quarter. For the full fiscal 2025 it was $21.95B, up 100.5% from fiscal 2024. Compound annual growth was +5.1% over 10 years.
T diluted EPS was $0.12 in fiscal Q3 2026 (ended Sep 30, 2026), down 90.7% from a year earlier and down 81.8% from the prior quarter. For the full fiscal 2025 it was $3.04, up 104.0% from fiscal 2024. Compound annual growth was +2.5% over 10 years.
T free cash flow was $5.46B in fiscal Q3 2026 (ended Sep 30, 2026), up 3.7% from a year earlier and up 7.0% from the prior quarter. For the full fiscal 2025 it was $19.44B, up 5.0% from fiscal 2024. Compound annual growth was -3.1% over 5 years and +1.6% over 10 years. It rose in 6 of the last 10 fiscal years.
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $125.65B | $122.34B | $122.43B | $120.74B | $134.04B | $143.05B | $181.19B | $170.76B | $160.55B | $163.79B |
| Selling, general and admin | $28.94B | $28.41B | $28.87B | $28.96B | $29.67B | $30.82B | $39.42B | $36.77B | $35.47B | $36.84B |
| 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 | -$354.00M | $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 | $3.04 | $1.49 | $1.97 | -$1.13 | $2.77 | -$0.75 | $1.90 | $2.85 | $4.77 | $2.10 |
| EPS, diluted | $3.04 | $1.49 | $1.97 | -$1.13 | $2.73 | -$0.75 | $1.89 | $2.85 | $4.76 | $2.10 |
| Diluted shares | 7.18B | 7.20B | 7.26B | 7.59B | 7.50B | 7.47B | 7.35B | 6.81B | 6.18B | 6.19B |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | $2.42B | $2.27B | $2.18B | $3.12B | - | $3.59B | $2.86B | $2.77B | $2.23B | $2.04B |
| Current assets | $48.73B | $31.17B | $36.46B | $33.11B | $170.77B | $52.01B | $54.76B | $51.43B | $79.15B | $38.37B |
| 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 |
| Current liabilities | $53.78B | $46.87B | $51.13B | $56.17B | $106.23B | $63.44B | $68.91B | $64.42B | $81.39B | $50.58B |
| Short-term debt | $9.01B | $5.09B | $9.48B | $7.47B | $24.62B | $3.47B | $11.84B | $10.26B | $38.37B | $9.83B |
| Long-term debt | $127.09B | $118.44B | $127.85B | $128.42B | $151.01B | $153.78B | $151.31B | $166.25B | $125.97B | $113.68B |
| Total debt | $136.10B | $123.53B | $137.33B | $135.89B | $175.63B | $157.25B | $163.15B | $176.50B | $164.35B | $123.51B |
| Total liabilities | $293.71B | $276.55B | $289.62B | $296.40B | $367.77B | $346.52B | $349.74B | $337.98B | $302.09B | $279.71B |
| Shareholders' equity | $126.49B | $118.25B | $117.44B | $106.46B | $183.85B | $179.24B | $201.93B | $193.88B | $142.01B | $124.11B |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $40.28B | $38.77B | $38.31B | $35.81B | $37.17B | $37.48B | $48.67B | $43.60B | $38.01B | $38.44B |
| Capital expenditures | $20.84B | $20.26B | $17.85B | $19.63B | $15.54B | $14.69B | $19.64B | $21.25B | $20.65B | $21.52B |
| Free cash flow | $19.44B | $18.51B | $20.46B | $16.19B | $21.63B | $22.79B | $29.03B | $22.35B | $17.36B | $16.93B |
| 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 |
| Share repurchases | $4.50B | $215.00M | $194.00M | $890.00M | $202.00M | $5.50B | $2.42B | $609.00M | $463.00M | $512.00M |
| Depreciation and amortization | $20.89B | $20.58B | $18.78B | $18.02B | $17.85B | $22.52B | $28.22B | $28.43B | $24.39B | $25.85B |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 2.7% | -0.1% | 1.4% | -9.9% | -6.3% | -21.1% | 6.1% | 6.4% | -2.0% | 11.6% |
| Net income growth, YoY | 100.5% | -24.0% | - | - | - | - | -28.2% | -34.2% | 127.0% | -2.8% |
| EPS growth, YoY | 104.0% | -24.4% | - | - | - | - | -33.7% | -40.1% | 126.7% | -11.4% |
| Operating margin | 19.2% | 15.6% | 19.2% | -3.8% | 19.3% | 5.9% | 15.4% | 15.3% | 12.4% | 14.4% |
| Net margin | 17.5% | 8.9% | 11.8% | -7.1% | 15.0% | -3.6% | 7.7% | 11.3% | 18.3% | 7.9% |
| Free cash flow margin | 15.5% | 15.1% | 16.7% | 13.4% | 16.1% | 15.9% | 16.0% | 13.1% | 10.8% | 10.3% |
| Return on equity | 17.4% | 9.3% | 12.3% | -8.0% | 10.9% | -2.9% | 6.9% | 10.0% | 20.7% | 10.5% |
| Return on assets | 5.2% | 2.8% | 3.5% | -2.1% | 3.6% | -1.0% | 2.5% | 3.6% | 6.6% | 3.2% |
| Current ratio | 0.91 | 0.66 | 0.71 | 0.59 | 1.61 | 0.82 | 0.79 | 0.80 | 0.97 | 0.76 |
| Debt to equity | 1.08 | 1.04 | 1.17 | 1.28 | 0.96 | 0.88 | 0.81 | 0.91 | 1.16 | 1.00 |
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $32.32B | $31.56B | $31.51B | $33.47B | $30.71B | $30.85B | $30.63B | $32.30B | $30.21B | $29.80B | $30.03B | $32.02B |
| Selling, general and admin | $7.43B | $7.22B | $7.32B | $7.40B | $7.45B | $6.95B | $7.14B | $7.39B | $6.96B | $7.04B | $7.02B | $7.49B |
| Operating income | $4.09B | $7.04B | $6.66B | $5.79B | $6.12B | $6.50B | $5.75B | $5.33B | $2.12B | $5.76B | $5.85B | $5.27B |
| Interest expense | $1.98B | $1.88B | $1.81B | $1.79B | $1.70B | $1.66B | $1.66B | $1.66B | $1.68B | $1.70B | $1.72B | $1.73B |
| Pre-tax income | $2.70B | $5.82B | $5.40B | $4.26B | $10.65B | $6.10B | $5.99B | $5.31B | $1.43B | $5.09B | $4.87B | $2.94B |
| Income tax | $1.39B | $784.00M | $1.18B | $109.00M | $976.00M | $1.24B | $1.30B | $900.00M | $1.28B | $1.14B | $1.12B | $354.00M |
| Net income | $891.00M | $4.63B | $3.83B | $3.79B | $9.31B | $4.50B | $4.35B | $4.08B | -$174.00M | $3.60B | $3.44B | $2.19B |
| EPS, basic | $0.12 | $0.66 | $0.54 | $0.52 | $1.29 | $0.62 | $0.61 | $0.56 | -$0.03 | $0.49 | $0.47 | $0.30 |
| EPS, diluted | $0.12 | $0.66 | $0.54 | $0.52 | $1.29 | $0.62 | $0.61 | $0.56 | -$0.03 | $0.49 | $0.47 | $0.30 |
| Diluted shares | 6.84B | 6.95B | 7.03B | - | 7.17B | 7.22B | 7.22B | - | 7.21B | 7.20B | 7.19B | - |
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $10.77B | $17.57B | $11.96B | $18.23B | $20.27B | $10.50B | $6.88B | $3.30B | $2.59B | $3.09B | $3.52B | $6.72B |
| Receivables | $7.99B | $8.52B | $8.34B | $8.84B | $8.94B | $8.84B | $9.23B | $9.64B | $9.07B | $9.69B | $9.58B | $10.29B |
| Inventory | $2.89B | $2.37B | $2.45B | $2.42B | $2.89B | $2.36B | $2.59B | $2.27B | $2.53B | $1.82B | $2.13B | $2.18B |
| Current assets | $52.34B | $51.83B | $46.28B | $48.73B | $54.58B | $39.31B | $33.78B | $31.17B | $29.80B | $29.87B | $30.45B | $36.46B |
| Goodwill | $63.87B | $63.87B | $63.84B | $63.42B | $63.42B | $63.43B | $63.43B | $63.43B | $63.43B | $67.85B | $67.85B | $67.85B |
| Total assets | $445.87B | $428.36B | $421.19B | $420.20B | $423.21B | $405.49B | $397.47B | $394.80B | $393.72B | $398.03B | $399.43B | $407.06B |
| Current liabilities | $60.27B | $53.38B | $50.42B | $53.78B | $53.88B | $48.56B | $48.00B | $46.87B | $40.66B | $42.43B | $44.83B | $51.13B |
| Short-term debt | $9.48B | $9.32B | $6.82B | $9.01B | $11.38B | $9.25B | $8.90B | $5.09B | $2.64B | $5.25B | $7.06B | $9.48B |
| Long-term debt | $150.14B | $134.63B | $131.59B | $127.09B | $128.09B | $123.06B | $117.26B | $118.44B | $126.38B | $125.36B | $125.70B | $127.85B |
| Total debt | $159.63B | $143.95B | $138.41B | $136.10B | $139.47B | $132.31B | $126.16B | $123.53B | $129.01B | $130.60B | $132.76B | $137.33B |
| Total liabilities | $323.12B | $301.93B | $295.57B | $293.71B | $296.46B | $284.10B | $277.61B | $276.55B | $277.44B | $278.68B | $280.81B | $289.62B |
| Shareholders' equity | $122.75B | $126.43B | $125.62B | $126.49B | $126.75B | $121.39B | $119.86B | $118.25B | $116.28B | $119.35B | $118.62B | $117.44B |
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $10.52B | $10.80B | $7.59B | $11.32B | $10.15B | $9.76B | $9.05B | $11.90B | $10.23B | $9.09B | $7.55B | $11.38B |
| Capital expenditures | $5.06B | $5.70B | $4.88B | $6.78B | $4.89B | $4.90B | $4.28B | $6.84B | $5.30B | $4.36B | $3.76B | $4.60B |
| Free cash flow | $5.46B | $5.10B | $2.72B | $4.54B | $5.26B | $4.87B | $4.77B | $5.05B | $4.93B | $4.73B | $3.79B | $6.78B |
| Investing cash flow | -$28.29B | -$5.75B | -$7.48B | -$4.34B | -$3.39B | -$6.09B | -$4.96B | -$5.36B | -$5.15B | -$4.02B | -$2.96B | -$5.87B |
| Financing cash flow | $11.09B | $680.00M | -$2.10B | -$8.78B | $2.99B | -$45.00M | -$553.00M | -$5.85B | -$5.56B | -$5.48B | -$7.82B | -$6.33B |
| Dividends paid | $1.95B | $1.98B | $2.00B | $2.01B | $2.03B | $2.04B | $2.09B | $2.04B | $2.04B | $2.10B | $2.03B | $2.02B |
| Share repurchases | $2.80B | $2.19B | $2.48B | $1.83B | $1.49B | $961.00M | $218.00M | $13.00M | $43.00M | $2.00M | $157.00M | $4.00M |
| Depreciation and amortization | $4.98B | $4.97B | $4.97B | $5.13B | $5.32B | $5.25B | $5.19B | $5.37B | $5.09B | $5.07B | $5.05B | $4.77B |
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 5.3% | 2.3% | 2.9% | 3.6% | 1.6% | 3.5% | 2.0% | 0.9% | -0.5% | -0.4% | -0.4% | 2.2% |
| Net income growth, YoY | -90.4% | 2.8% | -12.0% | -7.2% | - | 25.1% | 26.3% | 86.5% | - | -19.9% | -18.5% | - |
| EPS growth, YoY | -90.7% | 6.5% | -11.5% | -7.1% | - | 26.5% | 29.8% | 86.7% | - | -19.7% | -17.5% | - |
| Operating margin | 12.7% | 22.3% | 21.1% | 17.3% | 19.9% | 21.1% | 18.8% | 16.5% | 7.0% | 19.3% | 19.5% | 16.5% |
| Net margin | 2.8% | 14.7% | 12.2% | 11.3% | 30.3% | 14.6% | 14.2% | 12.6% | -0.6% | 12.1% | 11.5% | 6.8% |
| Free cash flow margin | 16.9% | 16.2% | 8.6% | 13.6% | 17.1% | 15.8% | 15.6% | 15.6% | 16.3% | 15.9% | 12.6% | 21.2% |
| Current ratio | 0.87 | 0.97 | 0.92 | 0.91 | 1.01 | 0.81 | 0.70 | 0.66 | 0.73 | 0.70 | 0.68 | 0.71 |
| Debt to equity | 1.30 | 1.14 | 1.10 | 1.08 | 1.10 | 1.09 | 1.05 | 1.04 | 1.11 | 1.09 | 1.12 | 1.17 |
Source: XBRL data AT&T Inc. files with the SEC, latest filing dated Oct 21, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| T | $128.85B | +3.5% | $13.13B | 10.2% | $145.71B |
| VZ | $139.39B | +1.4% | $16.42B | 11.8% | $189.35B |
| TMUS | $93.82B | +9.3% | $11.30B | 12.0% | $171.61B |
| GLW | $17.72B | +18.8% | $2.24B | 12.6% | $91.42B |
| AMX | MXN 943.64B | +8.6% | MXN 82.82B | 8.8% | $77.40B |
| LITE | $3.74B | +103.2% | -$6.58B | -175.8% | $48.85B |
| CHT | NT$236.11B | +2.7% | NT$38.70B | 16.4% | $38.67B |
| VOD | €40.46B | +8.0% | -€397.00M | -1.0% | $36.05B |
| CIEN | $6.02B | +32.6% | $654.41M | 10.9% | $34.51B |