AT&T INC.

T · CIK 0000732717

19 fiscal years · 72 SEC filings · every number carries its receipt

Revenue (FY)

$125.65B2.7%

FY2025

Net income (FY)

$21.95B100.5%

FY2025

Free cash flow (FY)

$19.44B5.0%

FY2025

Diluted EPS (FY)

$3.04104.0%

FY2025

The story, charted

The shape of the business

FY2007–FY2025 · hover any year for its receipt

Revenue & net incomeRevenueNet income

revenue 1.1× since FY2007 · net margin 10.0% → 17.5%

MarginsNet marginFCF margin

FY2025: net 17.5% · free cash flow 15.5% of revenue

Cash engineOperating cash flowFree cash flow

FY2025: $40.28B operating cash − $20.84B capex = $19.44B free cash flow

Returns on capitalReturn on equityReturn on assets

return on equity -3% (FY2008) → 17% (FY2025) · on assets 5.2%

Balance sheetLiabilitiesEquity

The receipts

Financial statements

Annual Quarterly (as reported)

USD in millions except per-share and share counts. Every value links to the filing it came from — hover for the us-gaap tag, click for the 10-K/10-Q on sec.gov.

USD millions	Q1 2026	Q3 2025	Q2 2025	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022	Q2 2022
Revenue	31,506	30,709	30,847	30,626	30,213	29,797	30,028	30,350	29,917	30,139	30,043	29,643
Net income	3,829	9,314	4,500	4,351	(174)	3,597	3,445	3,495	4,489	4,228	6,026	4,157
Diluted EPS	0.54	1.29	0.62	0.61	(0.03)	0.49	0.47	0.48	0.61	0.57	0.80	0.56
Diluted shares	7,027	7,169	7,219	7,223	7,208	7,198	7,193	7,185	7,180	7,474	7,647	7,611
Operating cash flow	7,595	—	—	9,049	—	—	7,547	—	—	6,678	—	—
Capital expenditures	4,877	—	—	4,277	—	—	3,758	—	—	4,335	—	—
Free cash flow	2,718	—	—	4,772	—	—	3,789	—	—	2,343	—	—
Cash & equivalents	11,964	20,272	10,499	6,885	2,586	3,093	3,520	7,540	9,528	2,821	2,423	4,018
Total assets	421,188	423,213	405,491	397,467	393,719	398,026	399,428	406,698	408,453	400,873	426,463	426,433
Shareholders' equity	125,619	126,755	121,394	119,858	116,282	119,347	118,620	117,855	116,075	108,346	139,978	135,307

Figures as reported in SEC filings, normalized by stonks with the tag mapping shown on hover; missing tags render as “—”, never as zero. Free cash flow is derived (operating cash flow − capex) with both parents recorded in its lineage. Quarterly view shows as-reported 10-Q periods; Q4 synthesis ships in Phase 1. See methodology.