7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-09-30 2018-06-30 2018-03-31 2017-09-30 2017-06-30 2016-09-30 
                                     
      operating revenues
    		                                 
      service
    		25,336,000,000 25,292,000,000 25,138,000,000 25,153,000,000 25,134,000,000 25,006,000,000 24,842,000,000 25,070,000,000 25,112,000,000 24,850,000,000 24,617,000,000 24,833,000,000 24,731,000,000 24,268,000,000 32,392,000,000 -112,302,853,609 34,843,000,000 38,956,000,000 38,504,000,000 -113,715,847,233 37,782,000,000 37,051,000,000 38,883,000,000 30,506,000,000 40,317,000,000 41,023,000,000 40,684,000,000 41,297,000,000 33,773,000,000 33,646,000,000 36,378,000,000 36,538,000,000 37,272,000,000 
      equipment
    		5,373,000,000 5,555,000,000 5,488,000,000 7,145,000,000 5,079,000,000 4,791,000,000 5,186,000,000 6,952,000,000 5,238,000,000 5,067,000,000 5,522,000,000 6,510,000,000 5,312,000,000 5,375,000,000 5,713,000,000 -15,602,977,527 5,079,000,000 5,089,000,000 5,435,000,000 -12,352,981,007 4,558,000,000 3,899,000,000 3,896,000,000 3,087,000,000 4,271,000,000 3,934,000,000 4,143,000,000 4,442,000,000 4,080,000,000 4,392,000,000 3,290,000,000 3,299,000,000 3,618,000,000 
      total operating revenues
    		30,709,000,000 30,847,000,000 30,626,000,000 32,298,000,000 30,213,000,000 29,797,000,000 30,028,000,000 32,022,000,000 30,350,000,000 29,917,000,000 30,139,000,000 31,343,000,000 30,043,000,000 29,643,000,000 38,105,000,000 -127,905,831,136 39,922,000,000 44,045,000,000 43,939,000,000 -126,068,828,240 42,340,000,000 40,950,000,000 42,779,000,000 33,593,000,000 44,588,000,000 44,957,000,000 44,827,000,000 45,739,000,000 38,986,000,000 38,038,000,000 39,668,000,000 39,837,000,000 40,890,000,000 
      yoy
    		1.64% 3.52% 1.99% 0.86% -0.45% -0.40% -0.37% 2.17% 1.02% 0.92% -20.91% -124.50% -24.75% -32.70% -13.28% 1.46% -5.71% 7.56% 2.71% -475.28% -5.04% -8.91% -4.57% -26.56% 14.37% 18.19% 13.01% 14.82% -4.66%     
      qoq
    		-0.45% 0.72% -5.18% 6.90% 1.40% -0.77% -6.23% 5.51% 1.45% -0.74% -3.84% 4.33% 1.35% -22.21% -129.79% -420.39% -9.36% 0.24% -134.85% -397.75% 3.39% -4.28% 27.34% -24.66% -0.82% 0.29% -1.99% 17.32% 2.49% -4.11% -0.42% -2.58%  
      operating expenses
    		                                 
      cost of revenues
    		                                 
      other cost of revenues
    		6,351,000,000 6,412,000,000 6,339,000,000 6,837,000,000 6,697,000,000 6,627,000,000 6,811,000,000 6,708,000,000 6,835,000,000 6,771,000,000 6,673,000,000 6,572,000,000 6,761,000,000 6,807,000,000 7,206,000,000 -23,796,968,768 7,649,000,000 8,155,000,000 7,993,000,000 -24,832,967,091 8,375,000,000  8,342,000,000 6,477,500,000 8,604,000,000 8,721,000,000 8,585,000,000 8,651,000,000 7,632,000,000     
      gross profit
    		24,358,000,000 24,435,000,000 24,287,000,000 25,461,000,000 23,516,000,000 23,170,000,000 23,217,000,000 25,314,000,000 23,515,000,000 23,146,000,000 23,466,000,000 24,771,000,000 23,282,000,000 22,836,000,000 30,899,000,000 -151,702,799,904 32,273,000,000 35,890,000,000 35,946,000,000 -150,901,795,331 33,965,000,000  34,437,000,000 27,115,500,000 35,984,000,000 36,236,000,000 36,242,000,000 37,088,000,000 31,354,000,000     
      yoy
    		3.58% 5.46% 4.61% 0.58% 0.00% 0.10% -1.06% 2.19% 1.00% 1.36% -24.06% -116.33% -27.86% -36.37% -14.04% 0.53% -4.98%  4.38% -656.51% -5.61%  -4.98% -26.89% 14.77%         
      qoq
    		-0.32% 0.61% -4.61% 8.27% 1.49% -0.20% -8.28% 7.65% 1.59% -1.36% -5.27% 6.40% 1.95% -26.09% -120.37% -570.06% -10.08% -0.16% -123.82% -544.29%   27.00% -24.65% -0.70% -0.02% -2.28% 18.29%      
      gross margin %
    		79.32% 79.21% 79.30% 78.83% 77.83% 77.76% 77.32% 79.05% 77.48% 77.37% 77.86% 79.03% 77.50% 77.04% 81.09% 118.61% 80.84% 81.48% 81.81% 119.70% 80.22% 0% 80.50% 80.72% 80.70% 80.60% 80.85% 81.09% 80.42% 0% 0% 0% 0% 
      selling, general and administrative
    		7,454,000,000 6,945,000,000 7,145,000,000 7,389,000,000 6,958,000,000 7,043,000,000 7,021,000,000 7,485,000,000 7,205,000,000 7,009,000,000 7,175,000,000 7,516,000,000 7,202,000,000 7,265,000,000 9,368,000,000 -27,949,962,056 9,207,000,000 9,361,000,000 9,382,000,000 -27,856,961,961 9,266,000,000 9,831,000,000 8,790,000,000 7,269,250,000 9,584,000,000 9,844,000,000 9,649,000,000 9,598,000,000 8,684,000,000 7,897,000,000 8,317,000,000 8,113,000,000 9,013,000,000 
      asset impairments and abandonments and restructuring
    		  504,000,000 14,000,000 4,422,000,000 480,000,000 159,000,000 589,000,000 604,000,000   26,753,000,000 114,000,000 631,000,000                    
      depreciation and amortization
    		5,317,000,000 5,251,000,000 5,190,000,000 5,374,000,000 5,087,000,000 5,072,000,000 5,047,000,000 4,766,000,000 4,705,000,000 4,675,000,000 4,631,000,000 4,595,000,000 4,514,000,000 4,450,000,000 5,539,000,000 -17,188,977,138 5,619,000,000 5,761,000,000 5,809,000,000 -21,536,971,484 7,030,000,000 7,285,000,000 7,222,000,000 5,314,000,000 6,949,000,000 7,101,000,000 7,206,000,000 8,166,000,000 6,378,000,000 5,994,000,000 6,042,000,000 6,147,000,000 6,579,000,000 
      total operating expenses
    		24,590,000,000 24,346,000,000 24,872,000,000 26,972,000,000 28,097,000,000 24,037,000,000 24,181,000,000 26,751,000,000 24,568,000,000 23,511,000,000 24,137,000,000 52,435,000,000 24,031,000,000 24,687,000,000 32,464,000,000 -109,866,854,483 32,813,000,000 40,776,000,000 36,278,000,000 -108,918,834,645 36,208,000,000 37,418,000,000 35,293,000,000 27,934,500,000 36,687,000,000 37,457,000,000 37,594,000,000 38,470,000,000 32,520,000,000 31,837,000,000 33,265,000,000 32,514,000,000 34,482,000,000 
      operating income
    		6,119,000,000 6,501,000,000 5,754,000,000 5,326,000,000 2,116,000,000 5,760,000,000 5,847,000,000 5,271,000,000 5,782,000,000 6,406,000,000 6,002,000,000 -21,092,000,000 6,012,000,000 4,956,000,000 5,641,000,000 -18,038,976,653 7,109,000,000 3,269,000,000 7,661,000,000 -17,149,993,595 6,132,000,000 3,532,000,000 7,486,000,000 5,321,000,000 7,901,000,000 7,500,000,000 7,233,000,000 7,269,000,000 6,466,000,000 6,201,000,000 6,403,000,000 7,323,000,000 6,408,000,000 
      yoy
    		189.18% 12.86% -1.59% 1.04% -63.40% -10.08% -2.58% -124.99% -3.83% 29.26% 6.40% 16.92% -15.43% 51.61% -26.37% 5.18% 15.93% -7.45% 2.34% -422.31% -22.39% -52.91% 3.50% -26.80% 22.19% 20.95% 12.96% -0.74% 0.91%     
      qoq
    		-5.88% 12.98% 8.04% 151.70% -63.26% -1.49% 10.93% -8.84% -9.74% 6.73% -128.46% -450.83% 21.31% -12.14% -131.27% -353.75% 117.47% -57.33% -144.67% -379.68% 73.61% -52.82% 40.69% -32.65% 5.35% 3.69% -0.50% 12.42% 4.27% -3.15% -12.56% 14.28%  
      operating margin %
    		19.93% 21.07% 18.79% 16.49% 7.00% 19.33% 19.47% 16.46% 19.05% 21.41% 19.91% -67.29% 20.01% 16.72% 14.80% 14.10% 17.81% 7.42% 17.44% 13.60% 14.48% 8.63% 17.50% 15.84% 17.72% 16.68% 16.14% 15.89% 16.59% 16.30% 16.14% 18.38% 15.67% 
      other income
    		                                 
      interest expense
    		-1,700,000,000 -1,655,000,000 -1,658,000,000 -1,661,000,000 -1,675,000,000 -1,699,000,000 -1,724,000,000 -1,726,000,000 -1,662,000,000 -1,608,000,000 -1,708,000,000 -1,560,000,000 -1,420,000,000 -1,502,000,000 -1,722,000,000 5,220,993,116 -1,667,000,000 -1,684,000,000 -1,870,000,000 6,030,992,075 -1,972,000,000 -2,041,000,000 -2,018,000,000 14,795,000,000 -2,083,000,000 -2,149,000,000 -2,141,000,000 -2,051,000,000 -2,023,000,000 -1,771,000,000 -1,686,000,000 -1,395,000,000 -1,224,000,000 
      equity in net income of affiliates
    		-20,000,000 485,000,000 1,440,000,000 1,074,000,000 272,000,000 348,000,000 295,000,000 337,000,000 420,000,000 380,000,000 538,000,000 374,000,000 392,000,000 504,000,000 501,000,000 -183,999,369 91,000,000 41,000,000 52,000,000 11,000,095 5,000,000 -10,000,000 -6,000,000 -30,000,000 3,000,000 40,000,000  -64,000,000 -16,000,000 9,000,000 11,000,000 14,000,000 16,000,000 
      other income — net
    		6,254,000,000 767,000,000 455,000,000 462,500,000 717,000,000 682,000,000 451,000,000 590,500,000 440,000,000 987,000,000 935,000,000 1,682,250,000 2,270,000,000 2,302,000,000 2,187,000,000 1,874,750,000 2,279,000,000 999,000,000 4,221,000,000 397,250,000 -231,000,000             
      total other income
    		4,534,000,000 -403,000,000 237,000,000 -18,000,000 -686,000,000 -669,000,000 -978,000,000 -2,335,000,000 -802,000,000 -241,000,000 -235,000,000 -2,105,000,000 1,242,000,000 1,304,000,000 966,000,000 -2,461,996,400 703,000,000 -644,000,000 2,403,000,000 4,452,990,739 -2,198,000,000 -1,034,000,000 -1,221,000,000 -1,826,000,000 -3,015,000,000 -2,427,000,000 -1,862,000,000 -1,062,000,000 314,000,000 -60,000,000 -1,429,000,000 -1,253,000,000 -1,215,000,000 
      income before income taxes
    		10,653,000,000 6,098,000,000 5,991,000,000 2,847,500,000 1,430,000,000 5,091,000,000 4,869,000,000        6,607,000,000 -20,500,973,053 7,812,000,000 2,625,000,000 10,064,000,000 -12,697,002,856 3,934,000,000 2,498,000,000 6,265,000,000 3,832,500,000 4,886,000,000 5,073,000,000 5,371,000,000 6,207,000,000 6,780,000,000 6,141,000,000 4,974,000,000 6,070,000,000 5,193,000,000 
      income tax expense
    		976,000,000 1,237,000,000 1,299,000,000 886,250,000 1,285,000,000 1,142,000,000 1,118,000,000        1,443,000,000 -4,411,994,532 1,539,000,000 751,000,000 2,122,000,000 -3,002,999,035 766,000,000 935,000,000 1,302,000,000 764,750,000 937,000,000 1,099,000,000 1,023,000,000 1,391,000,000 1,532,000,000 1,382,000,000 1,851,000,000 2,056,000,000 1,775,000,000 
      net income
    		9,677,000,000 4,861,000,000 4,692,000,000 4,408,000,000 145,000,000 3,949,000,000 3,751,000,000 2,582,000,000 3,826,000,000 4,762,000,000 4,453,000,000 -23,155,000,000 6,399,000,000 4,537,000,000 5,164,000,000 -16,088,978,521 6,273,000,000 1,874,000,000 7,942,000,000 -9,694,003,821 3,168,000,000 1,563,000,000 4,963,000,000 2,704,000,000 3,949,000,000 3,974,000,000 4,348,000,000 4,816,000,000 5,248,000,000 4,759,000,000 3,123,000,000 4,014,000,000 3,418,000,000 
      yoy
    		6573.79% 23.09% 25.09% 70.72% -96.21% -17.07% -15.76% -111.15% -40.21% 4.96% -13.77% 43.92% 2.01% 142.10% -34.98% 65.97% 98.01% 19.90% 60.02% -458.51% -19.78% -60.67% 14.14% -43.85% -24.75% -16.50% 39.23% 19.98% 53.54%     
      qoq
    		99.07% 3.60% 6.44% 2940.00% -96.33% 5.28% 45.27% -32.51% -19.66% 6.94% -119.23% -461.85% 41.04% -12.14% -132.10% -356.48% 234.74% -76.40% -181.93% -406.00% 102.69% -68.51% 83.54% -31.53% -0.63% -8.60% -9.72% -8.23% 10.28% 52.39% -22.20% 17.44%  
      net income margin %
    		31.51% 15.76% 15.32% 13.65% 0.48% 13.25% 12.49% 8.06% 12.61% 15.92% 14.77% -73.88% 21.30% 15.31% 13.55% 12.58% 15.71% 4.25% 18.08% 7.69% 7.48% 3.82% 11.60% 8.05% 8.86% 8.84% 9.70% 10.53% 13.46% 12.51% 7.87% 10.08% 8.36% 
      net income attributable to noncontrolling interest
    		-363,000,000 -361,000,000 -341,000,000                               
      net income attributable to at&t
    		9,314,000,000 4,500,000,000 4,351,000,000 4,080,000,000 -174,000,000 3,597,000,000 3,445,000,000 2,188,000,000 3,495,000,000 4,489,000,000 4,228,000,000 -23,517,000,000 6,026,000,000 4,157,000,000 4,810,000,000 -15,037,979,919 5,918,000,000 1,570,000,000 7,550,000,000 -8,707,005,176 2,816,000,000 1,281,000,000 4,610,000,000 2,394,000,000 3,700,000,000 3,713,000,000 4,096,000,000 4,718,000,000 5,132,000,000 4,662,000,000 3,029,000,000 3,915,000,000 3,328,000,000 
      preferred stock dividends and redemption gain
    		-36,000,000 -36,000,000 44,000,000                               
      net income attributable to common stock
    		9,278,000,000 4,464,000,000 4,395,000,000 4,031,000,000 -226,000,000 3,546,000,000 3,395,000,000 2,135,000,000 3,444,000,000 4,437,000,000 4,176,000,000 -23,571,000,000 5,977,000,000 4,105,000,000 4,762,000,000 -14,881,980,126 5,868,000,000 1,514,000,000 7,500,000,000 -8,569,005,369 2,762,000,000 1,229,000,000 4,578,000,000           
      basic earnings per share attributable tocommon stock
    		1.29   0.233 -0.03          0.66 0.518 0.82 0.21  0.298 0.39             
      diluted earnings per share attributable tocommon stock
    		1.29   0.233 -0.03          0.65 0.518 0.82 0.21  0.298 0.39             
      weighted-average number of common sharesoutstanding — basic
    		7,156 7,209 7,213  7,202 7,196 7,192  7,185 7,180 7,168  7,153 7,169 7,184  7,171 7,168   7,147             
      weighted-average number of common sharesoutstanding — with dilution
    		7,169 7,219 7,223  7,208 7,198 7,193  7,185 7,180 7,474  7,647 7,611 7,556  7,202 7,200   7,173             
      basic earnings per share attributable to common stock
    		 0.62 0.61   0.49 0.47 0.3 0.48 0.61 0.58 -3.19 0.83 0.57     1.04    0.63           
      diluted earnings per share attributable to common stock
    		 0.62 0.61   0.49 0.47 0.3 0.48 0.61 0.57 -3.14 0.8 0.56     1.04    0.63           
      less: net income attributable to noncontrolling interest
    		   -328,000,000 -319,000,000 -352,000,000 -306,000,000 -394,000,000 -331,000,000 -273,000,000 -225,000,000 -362,000,000 -373,000,000 -380,000,000 -354,000,000 1,050,998,602 -355,000,000 -304,000,000 -392,000,000 986,998,645 -352,000,000 -282,000,000 -353,000,000 -310,000,000 -249,000,000 -261,000,000 -252,000,000 -98,000,000 -116,000,000 -97,000,000 -94,000,000 -99,000,000 -90,000,000 
      less: preferred stock dividends
    		   -49,000,000 -52,000,000 -51,000,000 -50,000,000 -53,000,000 -51,000,000 -52,000,000 -52,000,000 -54,000,000 -49,000,000 -52,000,000 -48,000,000 155,999,793 -50,000,000 -56,000,000 -50,000,000 137,999,807 -54,000,000 -52,000,000 -32,000,000           
      income from continuing operations before income taxes
    		       2,936,000,000 4,980,000,000 6,165,000,000 5,767,000,000 -23,197,000,000 7,254,000,000 6,260,000,000                    
      income tax expense on continuing operations
    		       354,000,000 1,154,000,000 1,403,000,000 1,314,000,000 -77,000,000 908,000,000 1,509,000,000                    
      income from continuing operations
    		       2,582,000,000 3,826,000,000 4,762,000,000 4,453,000,000 -23,120,000,000 6,346,000,000 4,751,000,000                    
      income from discontinued operations, net of tax
    		           -36,500,000 53,000,000 -214,000,000                    
      basic earnings per share from continuing operations
    		       0.3 0.48 0.61 0.58 -3.18 0.82 0.6                    
      basic earnings per share from discontinued operations
    		           -0.005 0.01 -0.03                    
      diluted earnings per share from continuing operations
    		       0.3 0.48 0.61 0.57 -3.13 0.79 0.59                    
      diluted earnings per share from discontinued operations
    		           -0.005 0.01 -0.03                    
      broadcast, programming and operations
    		              4,313,000,000 -19,890,975,203 4,750,000,000 7,603,000,000 7,538,000,000 -19,554,972,695 6,912,000,000 5,889,000,000 6,847,000,000 5,612,000,000 7,066,000,000 7,730,000,000 7,652,000,000 7,227,000,000 5,449,000,000 5,166,000,000 5,284,000,000 4,898,000,000 4,909,000,000 
      asset impairments and abandonments
    		               -4,715,995,096 161,000,000 4,555,000,000  -2,514,981,120 73,000,000 2,319,000,000            
      weighted-average number of common shares outstanding — basic
    		                  7,161               
      weighted-average number of common shares outstanding — with dilution
    		                  7,188               
      other cost of revenues (exclusive of depreciation and
    		                                 
      amortization shown separately below)
    		                     8,116,000,000            
      other income – net
    		                     1,017,000,000 803,000,000 -241,750,000 -935,000,000 -318,000,000 286,000,000 1,053,000,000 2,353,000,000 1,702,000,000 246,000,000 128,000,000 -7,000,000 
      basic earnings per share attributable to
    		                                 
      common stock
    		                     0.17            
      diluted earnings per share attributable to
    		                                 
      weighted-average number of common shares
    		                                 
      outstanding – basic
    		                     7,145           6,168 
      outstanding – with dilution
    		                     7,170           6,189 
      see notes to consolidated financial statements.
    		                                 
      weighted-average number of common shares outstanding – basic
    		                      7,187  7,327 7,323 7,313 7,284 6,351 6,161 6,162 6,165  
      weighted-average number of common shares outstanding – with dilution
    		                      7,214  7,356 7,353 7,342 7,320 6,374 6,180 6,182 6,184  
      basic earnings per share attributable to at&t
    		                       0.393 0.5 0.51 0.56 0.65 0.81 0.75 0.49 0.63 0.54 
      diluted earnings per share attributable to at&t
    		                       0.393 0.5 0.51 0.56 0.65 0.81 0.75 0.49 0.63 0.54 
      dividends declared per common share
    		                           0.5 0.5 0.5 0.49 0.49 0.48 
      media
    		                            1,133,000,000     
      cost of services and sales
    		                                 
      other cost of services
    		                             7,932,000,000 9,431,000,000 9,218,000,000 9,526,000,000 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.