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AT&T Income Statement

Revenue, expenses, and profitability over time

AT&T generated $126.53B in trailing twelve-month revenue, up 0.0% year-over-year. Net income was $21.4B with a 16.94% net margin. Diluted EPS is $2.98, which grew 0.8% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$126.53BOperating Income (TTM)$25.1BNet Income (TTM)$21.4BEps Diluted (TTM)$2.98
Latest FilingQ1 2026
Report Date2026-04-27
Market Cap$159.81B
P/E Ratio7.46

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Basic earnings per share from continuing operations$0.4$0.6———$0.5
Diluted earnings per share from continuing operations$0.4$0.6———$0.5
Diluted earnings per share from discontinued operations$0$0———$0
EPS from Discontinued Operations, Diluted$0$0———$0
Basic EPS from Continuing Operations$0.4$0.6———$0.5
Diluted EPS from Continuing Operations$0.4$0.6———$0.5
EPS from Continuing Operations$0.4$0.6———$0.5
Diluted EPS from Discontinued Operations$0$0———$0
Diluted EPS from continuing operations$0.4$0.6———$0.5
Basic earnings per share$0.56$0.61$0.62$1.29$0.53$0.54
Basic EPS from continuing operations$0.37$0.61———$0.54
Basic EPS from discontinued operations$0.00$0.00———$0.00
Diluted earnings per share$0.56$0.61$0.62$1.29$0.53$0.54
Diluted EPS from discontinued operations$0.00$0.00———$0.00
Continuing operations (in dollars per share)$0.4$0.6———$0.5
Continuing operations (in dollars per share)$0.4$0.6———$0.5
Discontinued operations (in dollars per share)$0$0———$0
EPS from Continuing Operations$0.4$0.6———$0.5
Basic EPS from Continuing Operations$0.4$0.6———$0.5
Diluted EPS from Continuing Operations$0.4$0.6———$0.5
Diluted EPS from Discontinued Operations$0$0———$0
Basic EPS from continuing operations$0.4$0.6———$0.5
Diluted EPS from continuing operations$0.4$0.6———$0.5
Diluted EPS from discontinued operations$0$0———$0
Diluted EPS from Continuing Operations$0.4$0.6———$0.5
Diluted EPS from Discontinued Operations$0$0———$0
EPS - Discontinued Operations (Diluted)$0$0———$0
Diluted EPS from discontinued operations$0$0———$0
EPS from continuing operations$0.4$0.6———$0.5
Discontinued operations per diluted share$0$0———$0
Basic EPS from continuing operations$0.4$0.6———$0.5
EPS from Discontinued Operations (Diluted)$0$0———$0
Weighted-average shares, basic—7.2B7.2B7.2B—7B
Weighted-average shares, diluted—7.2B7.2B7.2B—7B

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net income applicable to common shareholders$4B$4.4B$4.5B$9.3B$3.8B$3.8B
Income from discontinued operations$0$0———-$38M
Net earnings to common$4B$4.4B$4.5B$9.3B$3.8B$3.8B
Net Income Available to Common Shareholders$4B$4.4B$4.5B$9.3B$3.8B$3.8B
Preferred stock dividends$49M-$44M$36M$36M$36M$36M
Income from Continuing Operations Attributable to Common Shareowners$0.4$0.6———$0.5
Net income attributable to common stock$4B$4.4B$4.5B$9.3B$3.8B$3.8B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Reclassifications Net of Tax$4B$4.4B$4.5B$9.3B$3.8B$3.8B
Other income, net (Note 6)$569M$455M$767M$6.3B$278M$594M
Preferred Stock Dividends and Other Adjustments$49M-$44M$36M$36M$36M$36M

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Depreciation and amortization$5.4B$5.2B$5.3B$5.3B$5.1B$5B
Selling, general and administrative$7.4B$7.1B$6.9B$7.5B$7.4B$7.3B
Goodwill impairment and asset disposition loss$14M$504M$0$0$334M$0
Total operating expenses$27B$24.9B$24.3B$24.6B$27.7B$24.8B

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income from equity method investments$1.1B$1.4B$485M-$20M$0-$41M
Other Charges$569M$455M$767M$6.3B$278M$594M
Interest expense$1.7B$1.7B$1.7B$1.7B$1.8B$1.8B
Other income (expense), net-$18M$237M-$403M$4.5B—-$1.3B

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income before income taxes$5.3B$6B$6.1B$10.7B$4.3B$5.4B

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income tax expense$900M$1.3B$1.2B$976M$109M$1.2B

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Operating income$5.3B$5.8B$6.5B$6.1B$5.8B$6.7B

Cost of Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other cost of revenues (exclusive of D&A)$6.8B$6.3B$6.4B$6.4B$6.3B$6.3B

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total revenue$32.3B$30.6B$30.8B$30.7B$33.5B$31.5B