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AT&T INC.

LISTEDNYSE
SYMBOLT
SIC4813
STATE OF INC.DE
FISCAL YEAR ENDSDecember 31
CIK732717

TELEPHONE COMMUNICATIONS (NO RADIOTELEPHONE) · LARGE ACCELERATED FILER · 10 FISCAL YEARS OF SEC XBRL DATA, 2016–2025

REVENUES, NET INCOME AND FREE CASH FLOW BY FISCAL YEAR$ billions-500501001502002016201720182019202020212022202320242025RevenuesNet incomeFree cash flowEARNINGS AND DIVIDENDS PER SHARE$ per share-2.000.002.004.006.002016201720182019202020212022202320242025EPS dilutedDividends per share

Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.

CAPITALIZATION 12/31/25

($ millions)Amount%
Total debt134,71851.6
Stockholders' equity126,49148.4
Total capitalization261,209100.0

6,852,385,650 shares outstanding at 16 July 2026 (cover page of the 10-Q filed 22 July 2026).

LONG-TERM DEBT 12/31/25

($ millions)Amount
Long-term debt, incl. current maturities134,718
Long-term debt, noncurrent127,089
Current maturities9,011
Short-term borrowings / commercial paper0

CAPITAL STOCK 12/31/25

Common shares authorized14,000,000,000
Common shares issued7,620,748,598
Treasury shares583,246,242
Par or stated value per share ($)1
Outstanding at 7/16/266,852,385,650

DIVIDENDS DECLARED/PAID

Fiscal yearPer share $Payout %
20251.1136.5
20241.1174.5
20231.1156.3
20221.11–
20212.0876.2

HISTORY AND BUSINESS

HISTORY: Incorporated in Delaware. Formerly known as SBC COMMUNICATIONS INC (to 18 November 2005); SOUTHWESTERN BELL CORP (to 26 April 1995).

BUSINESS: Classified by the SEC under Standard Industrial Classification 4813, Telephone Communications (No Radiotelephone). Large accelerated filer. Principal executive office: 208 S. Akard St, Dallas, TX 75202. Fiscal year ends December 31. For a description of the business, see Item 1 of the latest 10-K.

CONSOLIDATED INCOME ACCOUNT, YEARS ENDED

($ millions)12/31/2512/31/2412/31/23
Revenues125,648122,336122,428
Selling, general and administrative28,94228,41128,874
Depreciation and amortization20,88620,58018,777
Operating income24,16219,04923,461
Interest expense6,8046,7596,704
Income before income taxes27,00716,69819,848
Income taxes3,6214,4454,225
Net income21,95310,94814,400
Earned per share, diluted ($)3.041.491.97
Dividends per share ($)1.111.111.11

CONSOLIDATED BALANCE SHEET

($ millions)12/31/2512/31/24
Cash and equivalents18,2343,298
Receivables, net8,8439,638
Total current assets48,73231,168
Property, plant and equipment, net131,559128,871
Goodwill63,42563,432
Total assets420,198394,795
Total current liabilities53,78046,872
Long-term debt127,089118,443
Total liabilities and equity420,198394,795

TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)

Fiscal year endedRevenuesOper. incomeNet incomeNet margin %EPS diluted $Div. per share $Oper. cash flowCapital expend.Free cash flowTotal assetsTotal liabilitiesTotal debtStockholders' equityROE %Debt / equity
12/31/25125,64824,16221,95317.53.041.1140,28420,84219,442420,198293,707d134,718126,49117.41.07
12/31/24122,33619,04910,9488.91.491.1138,77120,26318,508394,795276,550d122,116118,2459.31.03
12/31/23122,42823,46114,40011.81.971.1138,31417,85320,461407,060289,618d135,493117,44212.31.15
12/31/22120,741(4,587)(8,524)-7.1(1.13)1.1135,81219,62616,186402,853296,396d134,073106,457-8.01.26
12/31/21134,03825,89720,08115.02.732.0841,95715,54526,412551,622367,767d174,062183,85510.90.95
12/31/20143,0508,372(5,176)-3.6(0.75)2.0843,13014,69028,440525,761346,521d155,209179,240-2.90.87
12/31/19181,19327,95513,9037.71.892.0548,66819,63529,033551,669349,735d161,109201,9346.90.80
12/31/18170,75626,09619,37011.32.852.0143,60221,25122,351531,864337,980d176,488193,88410.00.91
12/31/17160,54619,97029,45018.34.761.9738,01020,64717,363444,097302,090d164,344142,00720.71.16
12/31/16163,78623,54312,9767.92.101.9338,44221,51616,926403,821279,711d123,509124,11010.51.00

Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; free cash flow = operating cash flow − purchases of property, plant and equipment; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.

REGISTRANT:

AT&T INC.
CIK 732717 · EIN 43-1301883

PRINCIPAL OFFICE:

208 S. Akard St, Dallas, TX 75202
Tel.: 2108214105

INCORPORATED:

Delaware

INDUSTRY (SEC SIC CODE):

4813 · Telephone Communications (No Radiotelephone)

FILER STATUS:

Large accelerated filer

LATEST ANNUAL REPORT:

10-K for period ended 12/31/25, filed 9 February 2026

FORMER NAMES:

SBC COMMUNICATIONS INC; SOUTHWESTERN BELL CORP

RECENT FILINGS (ANNUAL REPORT REFERENCES BELOW):

9/9/268-Kperiod 9/7/26
8/17/268-Kperiod 8/17/26
8/4/268-Kperiod 8/3/26
7/28/268-Kperiod 7/28/26
7/22/2610-Qperiod 6/30/26
7/22/268-Kperiod 7/22/26
6/16/268-Kperiod 6/11/26
5/20/268-Kperiod 5/14/26

Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2025 (filed 2/9/26) · 10-K FY2024 (filed 2/12/25) · 10-K FY2023 (filed 2/23/24) · 10-K FY2022 (filed 2/13/23) · 10-K FY2021 (filed 2/16/22) · 10-K FY2020 (filed 2/25/21) · 10-K FY2019 (filed 2/20/20) · 10-K FY2018 (filed 2/20/19). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.

Data from SEC filings. © 2026 Pathos Investments · pathosinvestments.com · For educational purposes only. Not investment advice.

Data from SEC filings  ·  Educational only  ·  Not investment advice