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AT&T T Communications — Number of reporting units

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Other financials

Income statement

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Revenue$31.6B+2.3%
Operating income$7.0B+8.3%
Net income$4.6B+2.8%
EPS (diluted)$0.66+6.5%

Balance sheet

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Cash & equivalents$17.6B+67.3%
Total debt$162.89B+8.5%
Total assets$428.36B+5.6%

Cash flow

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Operating cash flow$10.8B+10.6%
CapEx$5.7B+16.4%
Free cash flow$5.1B+4.8%

Valuation

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Market cap$165.35B-16.2%
Enterprise value$310.67B-7.8%
P/E7.7×-7.8×
P/S1.3×-0.3×

Profitability

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Gross margin93%
Operating margin20.1%+4.2pp
Net margin16.9%+6.7pp
FCF margin13.9%-2.0pp

Returns & leverage

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Current ratio+0.2×

Where this comes from

Reported directly by AT&T in its filing.

Tagged under the XBRL concept us-gaap:NumberOfReportingUnits.

The official record: AT&T’s 10-K, filed February 9, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is AT&T's communications — number of reporting units?
AT&T (T) reported communications — number of reporting units of 0.8 in Q4 2025.
How has AT&T's communications — number of reporting units changed year-over-year?
AT&T's communications — number of reporting units decreased by 0.0% year-over-year, from 0.8 to 0.8.
What does communications — number of reporting units mean?
This metric represents the count of distinct business units or operating segments within the Communications division that are evaluated separately by management. It reflects the organizational structure and the granularity of internal financial reporting for telecom and broadband operations. Changes in this count often indicate shifts in corporate strategy, such as restructuring or the integration of business lines.