v3.26.1
Consolidated Statements Of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Operating Revenues    
Total operating revenues $ 31,506 $ 30,626
Cost of revenues    
Other cost of revenues (exclusive of depreciation and amortization shown separately below) 6,261 6,339
Selling, general and administrative 7,316 7,145
Asset impairments and abandonments and restructuring 0 504
Depreciation and amortization 4,966 5,190
Total operating expenses 24,848 24,872
Operating Income 6,658 5,754
Other Income (Expense)    
Interest expense (1,813) (1,658)
Equity in net income (loss) of affiliates (41) 1,440
Other income (expense) — net 594 455
Total other income (expense) (1,260) 237
Income from Continuing Operations Before Income Taxes 5,398 5,991
Income tax expense on continuing operations 1,179 1,299
Income from Continuing Operations 4,219 4,692
Loss from discontinued operations, net of tax (38) 0
Net Income 4,181 4,692
Net Income Attributable to Noncontrolling Interest (352) (341)
Net Income Attributable to AT&T 3,829 4,351
Preferred Stock Dividends and Redemption Gain (36) 44
Net Income Attributable to Common Stock $ 3,793 $ 4,395
Basic Earnings Per Share from continuing operations $ 0.54 $ 0.61
Basic Loss Per Share from discontinued operations 0 0
Basic Earnings Per Share Attributable to Common Stock 0.54 0.61
Diluted Earnings Per Share from continuing operations 0.54 0.61
Diluted Loss Per Share from discontinued operations 0 0
Diluted Earnings Per Share Attributable to Common Stock $ 0.54 $ 0.61
Weighted Average Number of Common Shares Outstanding - Basic (in millions) (in shares) 7,017 7,213
Weighted Average Number of Common Shares Outstanding - with Dilution (in millions) (in shares) 7,027 7,223
Service    
Operating Revenues    
Total operating revenues $ 25,478 $ 25,138
Equipment    
Operating Revenues    
Total operating revenues 6,028 5,488
Cost of revenues    
Equipment $ 6,305 $ 5,694