AT&T Inc. (T) income statement
NYSE · Communication Services · Telecommunications Services · 133,030 employees · CEO John T. Stankey
- Price
- $21.41 +2.34%
- Market cap
- $144B
- Enterprise value
- $312B
- Last report
- Q3 '26 filed 2026-10-21
- Next report
- 2027-01-27 EPS est. $0.53
AT&T Inc. (T) reported revenue of $32.3B for Q3 '26 (+5.3% year on year), operating income of $4.1B (12.7% of revenue) and net income of $891M. Over the last four quarters revenue was $129B.
Income statement
| Income statement | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $32B | $30B | $29.8B | $30.2B | $32.3B | $30.6B | $30.8B | $30.7B | $33.5B | $31.5B | $31.6B | $32.3B | |
| Cost of revenue | $18.7B | $17B | $16.5B | $16.7B | $19.6B | $12B | $12.2B | $11.8B | $14.8B | $12.6B | $12B | $12.4B | |
| Gross profit | $13.3B | $13B | $13.3B | $13.5B | $12.7B | $18.6B | $18.7B | $18.9B | $18.6B | $18.9B | $19.5B | $19.9B | |
| Research & development | $954M | $0 | $0 | $0 | $955M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| General & administrative | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $7.44B | |
| Other operating expenses | -$954M | $0 | $0 | $0 | -$955M | $5.69B | $5.25B | $5.32B | $5.13B | $4.97B | $5.25B | $8.35B | |
| Operating expenses | $7.46B | $6.99B | $6.99B | $6.92B | $7.38B | $12.8B | $12.2B | $12.8B | $12.5B | $12.3B | $12.5B | $15.8B | |
| Operating income | $5.89B | $6.04B | $6.29B | $6.58B | $5.35B | $5.75B | $6.5B | $6.12B | $6.12B | $6.66B | $7.04B | $4.1B | |
| Interest expense | $1.73B | $1.68B | $1.69B | $1.66B | $1.66B | $1.61B | $1.67B | $1.7B | $1.83B | $1.81B | $1.88B | $1.98B | |
| Other non-operating income (gains on investments, FX ...) | $1.23B | -$505M | -$482M | $3.49B | -$1.62B | -$1.9B | -$1.25B | -$6.23B | $66M | -$553M | -$667M | -$580M | |
| Total non-operating income | -$2.95B | -$1.17B | -$1.2B | -$5.15B | -$41M | $237M | -$403M | $4.53B | -$1.86B | -$1.26B | -$1.22B | -$1.4B | |
| Income before tax | $2.94B | $4.87B | $5.09B | $1.43B | $5.31B | $5.99B | $6.1B | $10.7B | $4.27B | $5.4B | $5.82B | $2.7B | |
| Income tax | $354M | $1.12B | $1.14B | $1.29B | $900M | $1.3B | $1.24B | $976M | $109M | $1.18B | $784M | $1.39B | |
| Net income | $2.19B | $3.45B | $3.6B | -$174M | $4.08B | $4.35B | $4.5B | $9.31B | $3.72B | $3.83B | $4.63B | $891M | |
| EPS (basic) | $0.30 | $0.47 | $0.49 | -$0.03 | $0.56 | $0.61 | $0.62 | $1.30 | $0.53 | $0.54 | $0.66 | $0.12 | |
| EPS (diluted) | $0.30 | $0.47 | $0.49 | -$0.03 | $0.56 | $0.61 | $0.62 | $1.29 | $0.52 | $0.54 | $0.66 | $0.12 | |
| Shares (basic, weighted) | 7.19B | 7.19B | 7.2B | 7.2B | 7.2B | 7.21B | 7.21B | 7.16B | 7.17B | 7B | 6.94B | 6.84B | |
| Shares (diluted, weighted) | 7.19B | 7.19B | 7.2B | 7.21B | 7.21B | 7.22B | 7.22B | 7.17B | 7.18B | 7.03B | 6.95B | 6.84B | |
| Depreciation & amortization | $4.77B | $5.05B | $5.07B | $5.09B | $5.37B | $5.19B | $5.25B | $5.32B | $5.13B | $4.97B | $4.97B | $4.98B | |
| EBITDA | $9.43B | $11.6B | $11.8B | $8.18B | $12.3B | $12.8B | $13B | $17.7B | $11.2B | $12.2B | $12.7B | $9.65B |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $164B | $161B | $171B | $181B | $172B | $134B | $121B | $122B | $122B | $126B | |
| Cost of revenue | $103B | $102B | $108B | $112B | $108B | $60.4B | $50.8B | $68.9B | $69.8B | $50.8B | |
| Gross profit | $61.1B | $58.3B | $63B | $68.9B | $63.3B | $73.6B | $69.9B | $53.5B | $52.5B | $74.8B | |
| Research & development | $1.65B | $1.5B | $1.19B | $1.28B | $1.21B | $1.33B | $1.24B | $954M | $955M | $0 | |
| Sales & marketing | $0 | $0 | $0 | $6.13B | $0 | $0 | $0 | $0 | $0 | $0 | |
| General & administrative | $0 | $0 | $0 | $33.3B | $0 | $0 | $0 | $0 | $0 | $0 | |
| Other operating expenses | $0 | $0 | $0 | $0 | $0 | $16.7B | $44.3B | $0 | $0 | $20.9B | |
| Operating expenses | $35.2B | $34.8B | $35.7B | $38.5B | $37.6B | $47.7B | $74.5B | $28.8B | $28.3B | $49.8B | |
| Operating income | $25.9B | $23.5B | $27.3B | $30.4B | $25.7B | $25.9B | -$4.59B | $24.8B | $24.3B | $25B | |
| Interest expense | $4.89B | $6.28B | $7.91B | $8.4B | $7.91B | $6.7B | $6.14B | $6.69B | $6.75B | $6.8B | |
| Other non-operating income (gains on investments, FX ...) | $1.17B | $2.09B | -$5.5B | $3.51B | $20.7B | -$9.99B | -$7.6B | -$1.77B | $818M | -$8.81B | |
| Total non-operating income | -$6.06B | -$8.37B | -$2.42B | -$11.9B | -$28.6B | $3.27B | $1.49B | -$4.92B | -$7.56B | $2.01B | |
| Income before tax | $19.8B | $15.1B | $24.9B | $18.5B | -$2.86B | $29.2B | -$3.09B | $19.8B | $16.7B | $27B | |
| Income tax | $6.48B | -$14.7B | $4.92B | $3.49B | $965M | $5.4B | $3.78B | $4.23B | $4.45B | $3.62B | |
| Net income | $13B | $29.5B | $19.4B | $13.9B | -$5.18B | $20.1B | -$8.52B | $14.4B | $10.9B | $21.9B | |
| EPS (basic) | $1.59 | $3.60 | $2.16 | $1.44 | -$0.57 | $2.09 | -$1.22 | $1.97 | $1.49 | $3.04 | |
| EPS (diluted) | $1.59 | $3.60 | $2.15 | $1.43 | -$0.57 | $2.06 | -$1.13 | $1.97 | $1.49 | $3.04 | |
| Shares (basic, weighted) | 8.17B | 8.16B | 8.97B | 9.69B | 9.48B | 9.49B | 7.17B | 7.18B | 7.2B | 7.17B | |
| Shares (diluted, weighted) | 8.19B | 8.19B | 9.01B | 9.73B | 9.51B | 9.93B | 7.59B | 7.26B | 7.2B | 7.18B | |
| Depreciation & amortization | $25.8B | $24.4B | $28.4B | $28.2B | $28.5B | $17.9B | $18B | $18.8B | $20.6B | $20.9B | |
| EBITDA | $50.5B | $45.8B | $61.2B | $55.1B | $33.6B | $53.7B | $21.1B | $45.3B | $44B | $54.7B |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
Data as of 2026-11-01