Pricing Log in Create free account
Saturday 17 October 2026 Export T’s income statement to Excel — free account

AT&T Inc.

T Communication Services Telecom Services

AT&T Inc.’s revenue for fiscal 2025 (year ended December 2025) was $125.6 billion, up 2.71% from fiscal 2024. In the quarter to June 2026, revenue grew 2.30%, EPS grew 6.45%, free cash flow grew 4.83% and total debt rose 8.80%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for three consecutive years, operating cash flow growth for three.

23.44 0.06 −0.26%
Market cap
$161.0B
P/E
7.8×
Fwd P/E
10.0×
Dividend yield
4.74%
F-score
7/9
Altman Z
0.89
Beneish M
−2.76
Dividend safety
64/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

AT&T Inc. (T) Gross margin

Alert me on Gross margin

AT&T Inc.'s gross margin over the twelve months to 30 June 2026 was 59.7%, up 0.2 percentage points from fiscal 2025 (59.6%). Over the past ten years it has ranged from 51.5% (fiscal 2017) to 59.8% (fiscal 2024); the current reading is higher than 91% of that period. That is above the Telecom Services industry median of 51.3% and above the Communication Services sector median of 53.1%.

Gross margin, annual

Embed this chart

Annual newest first

Period Gross margin Change (points)
FY2025 59.6% (0.22)
FY2024 59.8% 0.71
FY2023 59.1% 1.17
FY2022 57.9% 2.96
FY2021 54.9% 0.82
FY2020 54.1% 0.55
FY2019 53.6% 0.07
FY2018 53.5% 1.96
FY2017 51.5% (1.34)
FY2016 52.9% (1.46)

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 61.8% 1.71
Mar 2026 60.1% 4.40
Dec 2025 55.7% (5.79)
Sep 2025 61.5% 0.90
42 more quarters

Against its own ten years

Low 51.5% High 59.8%
Ten-year median 54.3%
Current reading's percentile 93

Gross margin against peers

Company Gross margin
AMX America Movil, S.A.B. de C.V. Unsponsored ADR compare 66.5%
TMUS T-Mobile US, Inc. compare 62.2%
T AT&T Inc. 59.7%
VZ Verizon Communications Inc. compare 59.3%
CHT Chunghwa Telecom Co., Ltd. compare 36.5%
CMCSA Comcast Corporation compare 34.5%
VOD Vodafone Group PLC compare 32.1%
ECHO EchoStar Corporation compare 29.5%
ORANY Orange compare 16.3%
Telecom Services industry median 51.3%
Communication Services sector median 53.1%
Market median 46.2%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

More on T