AT&T Inc. (TPA) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
208 S. AKARD ST DALLAS, TX 75202 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 4813 - Telephone Communications, Except Radiotelephone (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 9/30/2025 MRQ | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 3,298 | 6,722 | 3,701 | 21,169 | 9,740 | 12,130 | |||
| Cash and cash equivalent | 3,298 | 6,722 | 3,701 | 21,169 | 9,740 | 12,130 | |||
| Restricted cash and investments | 1 | ||||||||
| Receivables | 9,638 | 10,289 | 11,466 | 17,571 | 20,215 | 22,636 | |||
| Inventory, net of allowances, customer advances and progress billings | 3,592 | 2,864 | |||||||
| Inventory | 3,592 | 2,864 | |||||||
| Prepaid expense | 2,270 | 2,177 | 3,123 | 3,464 | 1,822 | 1,631 | |||
| Other current assets | 17,270 | 14,818 | 17,793 | 20,231 | 18,364 | ||||
| Other undisclosed current assets | 15,961 | (3,592) | (2,864) | ||||||
| Total current assets: | 31,168 | 36,458 | 33,108 | 59,997 | 52,008 | 54,761 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 20,909 | 20,905 | 21,814 | 24,180 | 24,714 | 24,039 | |||
| Property, plant and equipment | 130,128 | ||||||||
| Long-term investments and receivables | 295 | 1,251 | 3,533 | 7,274 | 1,780 | 3,695 | |||
| Long-term investments | 295 | 1,251 | 3,533 | 7,274 | 1,780 | 3,695 | |||
| Intangible assets, net (including goodwill) | 201,400 | 205,695 | 203,073 | 305,044 | 298,289 | 167,039 | |||
| Goodwill | 63,432 | 67,854 | 67,895 | 133,223 | 135,259 | 146,241 | |||
| Intangible assets, net (excluding goodwill) | 137,968 | 137,841 | 135,178 | 171,821 | 163,030 | 20,798 | |||
| Restricted cash and investments | 107 | 109 | 91 | 144 | 121 | ||||
| Deferred income tax assets | 80 | 83 | 86 | 230 | 198 | ||||
| Other noncurrent assets | 17,830 | 19,601 | 19,612 | 22,568 | 23,617 | 22,754 | |||
| Other undisclosed noncurrent assets | 123,006 | 122,958 | 121,536 | 132,185 | 125,034 | 149,253 | |||
| Total noncurrent assets: | 363,627 | 370,602 | 369,745 | 491,625 | 473,753 | 496,908 | |||
| TOTAL ASSETS: | 394,795 | 407,060 | 402,853 | 551,622 | 525,761 | 551,669 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 35,657 | 35,852 | 42,644 | 50,661 | 49,032 | 45,956 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | ✕ | 6,212 | 6,195 | 2,498 | ||
| Taxes payable | ✕ | ✕ | ✕ | ✕ | 1,019 | ||||
| Accounts payable | 27,433 | 27,309 | 31,101 | 30,756 | 31,836 | 29,640 | |||
| Accrued liabilities | 6,365 | 7,212 | 7,311 | 8,347 | 7,631 | 9,164 | |||
| Other undisclosed accounts payable and accrued liabilities | 1,859 | 1,331 | 4,232 | 5,346 | 2,351 | 4,654 | |||
| Deferred revenue | 4,099 | 3,778 | 5,939 | ||||||
| Debt | 5,089 | 9,477 | 7,467 | 24,630 | 3,470 | 11,838 | |||
| Other liabilities | 3,918 | 5,303 | 6,176 | ||||||
| Due to related parties | ✕ | ✕ | ✕ | 130 | 1,245 | ||||
| Other undisclosed current liabilities | 2,027 | 2,020 | 2,014 | 3,749 | 4,760 | 5,178 | |||
| Total current liabilities: | 46,872 | 51,127 | 56,173 | 85,588 | 63,438 | 68,911 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 118,443 | 127,854 | 128,423 | 152,724 | 153,775 | 151,309 | |||
| Finance lease, liability | 1,237 | 1,655 | 1,647 | 1,484 | 1,847 | 1,872 | |||
| Other undisclosed long-term debt and lease obligation | 117,206 | 126,199 | 126,776 | 129,979 | 129,726 | 127,633 | |||
| Liabilities, other than long-term debt | 109,255 | 108,664 | 111,800 | 108,194 | 107,106 | 107,543 | |||
| Deferred income tax liabilities | 58,939 | 58,666 | 57,032 | 65,226 | 60,472 | 59,334 | |||
| Liability, pension and other postretirement and postemployment benefits | 9,025 | 8,734 | 7,260 | 12,649 | 18,276 | 18,788 | |||
| Due to related parties | ✕ | ✕ | ✕ | 96 | |||||
| Other liabilities | 23,900 | 23,696 | 28,849 | 30,223 | 28,358 | 29,421 | |||
| Operating lease, liability | 17,391 | 17,568 | 18,659 | 21,261 | 22,202 | 21,804 | |||
| Other undisclosed noncurrent liabilities | 21,261 | 22,202 | 21,972 | ||||||
| Total noncurrent liabilities: | 227,698 | 236,518 | 240,223 | 282,179 | 283,083 | 280,824 | |||
| Total liabilities: | 274,570 | 287,645 | 296,396 | 367,767 | 346,521 | 349,735 | |||
| Temporary equity, including noncontrolling interest | 1,980 | 1,973 | |||||||
| Equity | |||||||||
| Equity, attributable to parent | 104,372 | 103,297 | 97,500 | 166,332 | 161,673 | 184,221 | |||
| Common stock | 7,621 | 7,621 | 7,621 | 7,621 | 7,621 | 7,621 | |||
| Treasury stock, value | (15,023) | (16,128) | (17,082) | (17,280) | (17,910) | (13,085) | |||
| Additional paid in capital | 109,108 | 114,519 | 123,610 | 130,112 | 130,175 | 126,279 | |||
| Accumulated other comprehensive income (loss) | 795 | 2,300 | 2,766 | 3,529 | 4,330 | 5,470 | |||
| Retained earnings (accumulated deficit) | 1,871 | (5,015) | (19,415) | 42,350 | 37,457 | 57,936 | |||
| Equity, attributable to noncontrolling interest | 13,873 | 14,145 | 8,957 | 17,523 | 17,567 | 17,713 | |||
| Total equity: | 118,245 | 117,442 | 106,457 | 183,855 | 179,240 | 201,934 | |||
| TOTAL LIABILITIES AND EQUITY: | 394,795 | 407,060 | 402,853 | 551,622 | 525,761 | 551,669 | |||
Income Statement (P&L) ($ in millions)
| 9/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 122,336 | 122,428 | 120,741 | 168,864 | 171,760 | 181,193 | ||
| Cost of revenue | (72,547) | (67,442) | (69,486) | (101,789) | (106,207) | (103,038) | ||
| Other cost of operating revenue | (26,972) | (26,987) | (26,839) | (31,232) | (32,909) | (34,356) | ||
| Gross profit: | 49,789 | 54,986 | 51,255 | 67,075 | 65,553 | 78,155 | ||
| Operating expenses | (30,740) | (31,525) | (55,842) | (43,728) | (59,148) | (50,200) | ||
| Operating income (loss): | 19,049 | 23,461 | (4,587) | 23,347 | 6,405 | 27,955 | ||
| Nonoperating income (expense) | (2,351) | (3,613) | 1,493 | 3,600 | (9,261) | (9,487) | ||
| Other nonoperating income (expense) | 2,419 | 1,416 | 5,810 | 9,853 | (1,431) | (1,071) | ||
| Interest and debt expense | (6,759) | (6,704) | (6,108) | (6,884) | (7,925) | (8,422) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | 9,939 | 13,144 | (9,202) | 20,063 | (10,781) | 10,046 | ||
| Other undisclosed income from continuing operations before income taxes | 6,759 | 6,704 | 6,108 | 6,884 | 7,925 | 8,422 | ||
| Income (loss) from continuing operations before income taxes: | 16,698 | 19,848 | (3,094) | 26,947 | (2,856) | 18,468 | ||
| Income tax expense | (4,445) | (4,225) | (3,780) | (5,468) | (965) | (3,493) | ||
| Income (loss) from continuing operations: | 12,253 | 15,623 | (6,874) | 21,479 | (3,821) | 14,975 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 21,479 | (3,821) | 14,975 | |
| Loss from discontinued operations | (181) | |||||||
| Net income (loss): | 12,253 | 15,623 | (7,055) | 21,479 | (3,821) | 14,975 | ||
| Net loss attributable to noncontrolling interest | (1,305) | (1,223) | (1,469) | (1,398) | (1,355) | (1,072) | ||
| Net income (loss) attributable to parent: | 10,948 | 14,400 | (8,524) | 20,081 | (5,176) | 13,903 | ||
| Preferred stock dividends and other adjustments | (202) | (208) | (203) | (207) | (193) | (3) | ||
| Net income (loss) available to common stockholders, basic: | 10,746 | 14,192 | (8,727) | 19,874 | (5,369) | 13,900 | ||
| Dilutive securities, effect on basic earnings per share | 22 | 23 | 21 | |||||
| Other undisclosed net income available to common stockholders, diluted | 85 | 1,206 | ||||||
| Net income (loss) available to common stockholders, diluted: | 10,746 | 14,277 | (7,521) | 19,896 | (5,346) | 13,921 | ||
Comprehensive Income ($ in millions)
| 9/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 12,253 | 15,623 | (7,055) | 21,479 | (3,821) | 14,975 | ||
| Other comprehensive income (loss) | (1,505) | (466) | (763) | (803) | (1,199) | 1,212 | ||
| Comprehensive income (loss): | 10,748 | 15,157 | (7,818) | 20,676 | (5,020) | 16,187 | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (1,305) | (1,223) | (1,469) | (1,396) | (1,296) | (1,063) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 9,443 | 13,934 | (9,287) | 19,280 | (6,316) | 15,124 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.