Communication Services · Integrated Telecommunication Services
AT&T: revenue, profit and dividends
In fiscal 2025, AT&T had revenue of $126B, down 1.5% a year on average since 2015, and net income of $22B (17.5% of revenue). It paid a dividend of $1.11 a share. It has 27% more shares than in 2015.
Revenue, fiscal 2025
average annual revenue growth since 2015 · +2.7% vs 2024
- Ticker
- T · NYSE
- Sector
- Communication Services
- Sub-industry
- Integrated Telecommunication Services
- Headquarters
- Dallas, Texas
- Founded
- 1983 (1885)
- In the S&P 500 since
- November 30, 1983
- Latest fiscal year
- 2025, ended December 31, 2025
- SEC filer
- At&T Inc. · CIK 0000732717
Revenue and net income
Revenue went from $119B in 2007 to $126B in 2025. Net loss in 2008, 2020, 2022.
Diluted earnings per share
Diluted EPS went from $1.94 in 2007 to $3.04 in 2025. Ten-year growth: 2.5% a year.
Dividends per share
Not raised in 2025. Ten-year growth: −5.2% a year.
Shares outstanding
27.2% more shares in 2025 than in 2015 (5.65B → 7.18B): new shares outweighed buybacks.
Operating cash flow, capex and free cash flow
Free cash flow (operating cash flow minus capital expenditure) was $19.4B in 2025, 15.5% of revenue.
The chart data could not be loaded. The table below has the same figures.
Year by year
| Fiscal year | Revenue | Net income | Net margin | Diluted EPS | Dividend | Shares | Operating cash flow | Capex | Free cash flow |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $126B | $22B | 17.5% | $3.04 | $1.11 | 7.18B | $40.3B | $20.8B | $19.4B |
| 2024 | $122B | $10.9B | 8.9% | $1.49 | $1.11 | 7.2B | $38.8B | $20.3B | $18.5B |
| 2023 | $122B | $14.4B | 11.8% | $1.97 | $1.11 | 7.26B | $38.3B | $17.9B | $20.5B |
| 2022 | $121B | −$8.52B | −7.1% | −$1.13 | $1.11 | 7.59B | $35.8B | $19.6B | $16.2B |
| 2021 | $134B | $20.1B | 15.0% | $2.73 | $2.08 | 7.5B | $42B | $15.5B | $26.4B |
| 2020 | $143B | −$5.18B | −3.6% | −$0.75 | $2.08 | 7.47B | $43.1B | $14.7B | $28.4B |
| 2019 | $181B | $13.9B | 7.7% | $1.89 | $2.05 | 7.35B | $48.7B | $19.6B | $29B |
| 2018 | $171B | $19.4B | 11.3% | $2.85 | $2.01 | 6.81B | $43.6B | $21.3B | $22.4B |
| 2017 | $161B | $29.4B | 18.3% | $4.76 | $1.97 | 6.18B | $38B | $20.6B | $17.4B |
| 2016 | $164B | $13B | 7.9% | $2.10 | $1.93 | 6.19B | $38.4B | $21.5B | $16.9B |
| 2015 | $147B | $13.3B | 9.1% | $2.37 | $1.89 | 5.65B | $35.9B | $19.2B | $16.7B |
| 2014 | $132B | $6.44B | 4.9% | $1.24 | $1.81 | 5.22B | $31.3B | $21.2B | $10.1B |
| 2013 | $129B | $18.4B | 14.3% | $3.42 | $1.81 | 5.38B | $34.8B | $20.9B | $13.9B |
| 2012 | $127B | $7.26B | 5.7% | $1.25 | $1.77 | 5.82B | $39.2B | $19.5B | $19.7B |
| 2011 | $127B | $3.94B | 3.1% | $0.66 | $1.73 | 5.95B | $34.7B | $20.1B | $14.6B |
| 2010 | $124B | $19.9B | 16.0% | $3.35 | $1.69 | 5.94B | $35.2B | $19.5B | $15.7B |
| 2009 | $123B | $12.1B | 9.9% | $2.05 | $1.65 | 5.92B | $34.4B | $16.6B | $17.9B |
| 2008 | $123B | −$2.62B | −2.1% | −$0.44 | $1.61 | 5.96B | $33.6B | $19.6B | $14B |
| 2007 | $119B | $12B | 10.0% | $1.94 | — | — | $34.2B | $17.7B | $16.5B |
Fiscal years, labelled by the year in which they end. US dollars; per-share figures and share counts adjusted for splits. —: not in the data.
About these figures
- Older years are as filed at the time and may predate later restatements, mergers or spin-offs. How the figures are made.
Other Integrated Telecommunication Services companies
Source: SEC EDGAR (company filings), data as of November 8, 2026. Sectors, sub-industries, headquarters and index dates: Wikipedia, CC BY-SA 4.0.