AT&T's Income Statement Analysis: Revenue to Profit Breakdown
AT&T's Income Statement Analysis: Revenue to Profit Breakdown
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FY21
Dec 31, 2021
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FY22
Dec 31, 2022
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FY23
Dec 31, 2023
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FY24
Dec 31, 2024
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FY25
Dec 31, 2025
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TTM
Trailing 12M
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Revenue
Total sales generated. |
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$134.04 B | $120.74 B | $122.43 B | $122.34 B | $125.65 B | $126.53 B |
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Cost of Revenue Direct cost of goods/services. |
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$60.41 B | $50.85 B | $68.90 B | $69.80 B | $25.42 B | $25.73 B |
Gross Profit Revenue minus cost of revenue. |
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$73.63 B | $69.89 B | $53.53 B | $52.54 B | $100.22 B | $100.80 B |
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Operating Expense
Costs to run business. |
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$47.73 B | $74.48 B | $28.76 B | $28.27 B | $76.06 B | $76.31 B |
Research and Development Investment in innovation. |
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- | - | $954.00 M | $955.00 M | - | - |
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Sales, General and Administrative
Selling and admin costs. |
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$29.67 B | $28.96 B | $27.81 B | $27.32 B | $28.94 B | $29.19 B |
General and Administrative Corporate overhead costs. |
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- | - | - | - | - | - |
Sales and Marketing Customer acquisition costs. |
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- | - | - | - | - | - |
Other Expenses Other operating costs. |
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$18.07 B | $45.52 B | - | - | $47.12 B | $47.12 B |
Operating Income Profit from operations. |
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$25.90 B | -$4.59 B | $24.77 B | $24.26 B | $24.16 B | $24.49 B |
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Net Interest Income
Interest income minus expense. |
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-$6.70 B | -$6.14 B | -$6.69 B | -$6.75 B | -$6.80 B | -$7.01 B |
Interest Income Income from investments. |
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- | - | - | - | - | - |
Interest Expense Cost of borrowing. |
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$6.70 B | $6.14 B | $6.69 B | $6.75 B | $6.80 B | $7.01 B |
Non-Operating Income (ex-Int) Income outside core operations. |
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-$9.81 B | -$7.60 B | -$1.77 B | $818.00 M | -$9.65 B | -$8.93 B |
Total Other Income (Net) Net non-operating items. |
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$3.27 B | $1.49 B | -$4.92 B | -$7.56 B | $2.85 B | $1.93 B |
Income Before Tax Profit before taxes. |
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$29.17 B | -$3.09 B | $19.85 B | $16.70 B | $27.01 B | $26.41 B |
Income Tax Expense Taxes on income. |
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$5.40 B | $3.78 B | $4.23 B | $4.45 B | $3.62 B | $3.50 B |
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Net Income
Final profit. |
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$20.08 B | -$8.52 B | $14.40 B | $10.95 B | $21.89 B | $21.37 B |
Net Income From Continuing Operations Profit from core business. |
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$23.78 B | -$6.87 B | $15.62 B | $12.25 B | $23.39 B | $22.91 B |
Net Income From Discontinued Operations Profit/loss from sold units. |
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-$2.30 B | -$181.00 M | - | - | - | -$38.00 M |
Other Adjustments to Net Income Additional accounting adjustments. |
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- | - | - | - | - | - |
Net Income Deductions Reductions from net income. |
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-$582.00 M | - | -$85.00 M | - | - | $4.00 M |
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Earnings Per Share
Company profit allocated to each outstanding share. |
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EPS Earnings per share. Formula: Net Income ÷ Shares |
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$2.77 | -$1.22 | $1.97 | $1.49 | $3.04 | $2.99 |
Diluted EPS EPS including dilution. Formula: Net Income ÷ Diluted Shares |
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$2.73 | -$1.13 | $1.97 | $1.49 | $3.04 | $2.97 |
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Shares for EPS
Number of shares used to calculate EPS. |
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Weighted Average Shares Outst. Avg shares used for EPS. |
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7.17 B | 7.17 B | 7.18 B | 7.20 B | 7.17 B | 7.00 B |
Diluted Average Shares Outst. Shares including dilution. |
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7.50 B | 7.59 B | 7.26 B | 7.20 B | 7.18 B | 7.03 B |
| Supplemental Items | |||||||
EBIT Earnings before interest and tax. |
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$35.87 B | $3.01 B | $26.54 B | $23.44 B | $33.81 B | $33.42 B |
EBITDA Earnings before interest, tax, D&A. |
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$53.72 B | $21.07 B | $45.32 B | $44.02 B | $54.70 B | $54.08 B |
Depreciation and Amortization Non-cash expense for assets. |
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$17.85 B | $18.02 B | $18.78 B | $20.58 B | $20.89 B | $20.66 B |
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AT&T's Assets vs Liabilities & Equity
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