AT&T INC. (T) FY2023 Annual P&L / Income Statement

AT&T INC. (T) FY2023 Annual P&L / Income Statement

Income statement for 2023-01-01 through 2023-12-31. View: Product and service (6 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total operating revenues

122,428,000,000 US dollars

Cost of revenue (calculated)

50,123,000,000 US dollars

Gross profit (calculated)

72,305,000,000 US dollars

Operating expenses (calculated)

48,844,000,000 US dollars

Operating Income (Loss)

23,461,000,000 US dollars

Total other income (expense)

negative 3,613,000,000 US dollars

Income (Loss) from Continuing Operations Before Income Taxes

19,848,000,000 US dollars

Income tax expense on continuing operations

4,225,000,000 US dollars

Net Income (Loss)

15,623,000,000 US dollars

Other Capitalized Property Plant and Equipment

22,779,000,000 US dollars

Wireless Service

65,744,000,000 US dollars

Business Service

20,274,000,000 US dollars

IP Broadband

10,455,000,000 US dollars

Legacy Voice and Data

1,802,000,000 US dollars

Other Service

1,374,000,000 US dollars

Cost of goods and services sold

23,136,000,000 US dollars

Other cost of revenues (exclusive of depreciation and amortization shown separately below)

26,987,000,000 US dollars

Selling, general and administrative

28,874,000,000 US dollars

Asset impairments and abandonments and restructuring

1,193,000,000 US dollars

Depreciation and amortization

18,777,000,000 US dollars

Loss from discontinued operations, net of tax

0 US dollars. Reported below-tax contribution to net income.

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.
• Of which attributable to AT&T INC.: $14.40 B; to noncontrolling interests: $1.22 B.