AT&T Inc. financials

Key figures from AT&T Inc.'s filings with the U.S. Securities and Exchange Commission: the latest quarter against a year earlier, and the trend across recent quarters and fiscal years.

Latest quarter vs a year earlier

MetricSep 2026Sep 2025Change
Revenue$32.3B$30.7B+5.3%
Net income$891M$9.3B-90.4%
Free cash flow—$5.3B—
Gross margin———
Operating margin12.7%19.9%-7.3 pts
Net margin2.8%30.3%-27.6 pts

Quarterly trend

Revenue by quarter
$32.0BDec 2023$30.0BMar 2024$29.8BJun 2024$30.2BSep 2024$32.3BDec 2024*$30.6BMar 2025$30.8BJun 2025$30.7BSep 2025$33.5BDec 2025*$31.5BMar 2026$31.6BJun 2026$32.3BSep 2026
Net income by quarter
Dec 2023$3.4BMar 2024$3.6BJun 2024-$174MSep 2024$4.1BDec 2024*$4.4BMar 2025$4.5BJun 2025$9.3BSep 2025$3.8BDec 2025*$3.8BMar 2026$4.6BJun 2026$891MSep 2026
Free cash flow by quarter
$6.8BDec 2023$3.8BMar 2024$4.7BJun 2024$4.9BSep 2024$5.1BDec 2024*$4.8BMar 2025$4.9BJun 2025$5.3BSep 2025$4.5BDec 2025*Mar 2026Jun 2026Sep 2026
Margins by quarter
-5%15%35%Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024*Mar 2025Jun 2025Sep 2025Dec 2025*Mar 2026Jun 2026Sep 202616.5%19.5%19.3%7.0%16.5%18.8%21.1%19.9%17.3%21.1%22.3%12.7%11.5%12.1%-0.6%12.6%14.2%14.6%30.3%11.3%12.2%14.7%2.8%

Fiscal years

Fiscal yearRevenueNet incomeNet marginFree cash flowEPS (diluted)
FY Dec 2025$125.6B$22.0B17.5%$19.4B$3.04
FY Dec 2024$122.3B$10.9B8.9%$18.5B$1.49
FY Dec 2023$122.4B$14.4B11.8%$20.5B$1.97
FY Dec 2022$120.7B-$8.5B-7.1%—-$1.13
FY Dec 2021$134.0B$20.1B15.0%$26.4B$2.73

* Fiscal fourth quarter computed from the annual filing minus the three reported quarters. All figures from company filings with the SEC.

This content is for informational purposes only and is not investment advice. Always do your own research before making financial decisions.