AT&T Inc. (T) Financial Statements
Historical financial data — 42 statements covering FY2017–FY2025
The wireless business contributes nearly 70% of AT&T's revenue. The company is the third-largest US wireless carrier, connecting 74 million postpaid and 17 million prepaid phone customers. Fixed-li...
AT&T Inc.'s revenue increased 2.7% year over year, from $122.34B to $125.65B.
Net income increased 100.5% over the same period, from $10.95B to $21.95B.
Over the 8-year period from FY2017 to FY2025, revenue declined by 22% in total.
Total debt increased by 10.2% to $136.10B.
The debt-to-equity ratio stands at 1.08, indicating a elevated leverage profile.
Operating cash flow grew 3.9% to $40.28B.
AT&T Inc. maintains a healthy net profit margin of 17.5%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $30.21B+1.4% | $-174.0M | $25.28B | $2.12B | $10.23B | $393.72B | $129.01B | $116.28B |
| Q4 FY2024 | $32.30B+6.9% | $4.08B | $24.94B | $5.33B | $11.90B | $394.80B | $123.53B | $118.25B |
| Q1 FY2025 | $30.63B-5.2% | $4.35B | $24.93B | $5.75B | $9.05B | $397.47B | $126.16B | $119.86B |
| Q2 FY2025 | $30.85B+0.7% | $4.50B | $25.11B | $6.50B | $9.76B | $405.49B | $132.31B | $121.39B |
| Q3 FY2025 | $30.71B-0.4% | $9.31B | $25.24B | $6.12B | $10.15B | $423.21B | $139.47B | $126.75B |
| Q4 FY2025 | $33.47B+9.0% | $3.79B | $24.97B | $5.79B | $11.32B | $420.20B | $136.10B | $126.49B |
| Q1 FY2026 | $31.51B-5.9% | $3.83B | $25.20B | $6.66B | $7.59B | $421.19B | $159.75B | $127.62B |
| Q2 FY2026 | $31.56B+0.2% | $4.63B | $25.82B | $7.04B | $10.80B | $428.36B | $165.76B | $128.44B |
Balance Sheet Summary (Q2 FY2026)
AT&T Inc. (T) Financial Statements & Revenue History
AT&T Inc. (T) is a US-listed stock operating in the Communication Services sector, specifically the Telephone Communications (No Radiotelephone) industry trading at $23.43 with a market capitalization of $161. This page provides 42 historical financial statements for AT&T Inc., including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, AT&T Inc. reported revenue of $125.6 billion, representing 2.7% year-over-year growth. The net profit margin of 17.5% reflects strong profitability. The debt-to-equity ratio of 1.08 indicates elevated leverage.
T Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows AT&T Inc.'s revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether T is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track T's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently AT&T Inc. converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of T's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use T Financial Data
Investors use AT&T Inc.'s financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare T's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how T's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View T's financial health score, earnings, and pre-market pricing.
Financial data is sourced from AT&T Inc.'s SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.T trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.