# AT&T INC. (T) FY2023 Annual P&L / Income Statement - Company: AT&T INC. (T) - Period: 2023-01-01 to 2023-12-31 - Filing: FY2023 10-K, filed 2024-02-23, accession number 0000732717-24-000009 - Page: https://plicit.ai/financials/t/fy2023-annual-income-statement - Chart image: https://plicit.ai/charts/t-fy2023-annual-income-statement-sankey.png ## Chart details: Revenue by Product and Service (6 categories) 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. ## Chart details: Revenue by Product and Service (2 categories) - Page: https://plicit.ai/financials/t/fy2023-annual-income-statement/revenue-by-product-and-service-2-categories - Chart image: https://plicit.ai/charts/t-fy2023-annual-revenue-by-product-and-service-2-categories-sankey.png Income statement for 2023-01-01 through 2023-12-31. View: Product and service (2 categories). Revenue and costs use their disclosed 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 - **Service**: 99,649,000,000 US dollars - **Equipment revenue**: 22,779,000,000 US dollars - **Equipment cost of revenue**: 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. ## Chart details: Revenue by Geography - Page: https://plicit.ai/financials/t/fy2023-annual-income-statement/revenue-by-geography - Chart image: https://plicit.ai/charts/t-fy2023-annual-revenue-by-geography-sankey.png Income statement for 2023-01-01 through 2023-12-31. View: Geography. 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 - **UNITED STATES**: 117,097,000,000 US dollars - **MEXICO**: 3,993,000,000 US dollars - **Asia/Pacific Rim**: 521,000,000 US dollars - **Europe**: 504,000,000 US dollars - **Latin America**: 194,000,000 US dollars - **Other**: 119,000,000 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. ## Chart details: Revenue by Business Segment - Page: https://plicit.ai/financials/t/fy2023-annual-income-statement/revenue-by-business-segment - Chart image: https://plicit.ai/charts/t-fy2023-annual-revenue-by-business-segment-sankey.png Income statement for 2023-01-01 through 2023-12-31. View: Business segment. 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 - **Communications**: 118,038,000,000 US dollars - **Latin America Business Segment**: 3,932,000,000 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 - **Revenue before reconciliation (calculated)**: 121,970,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation. - **Corporate**: 458,000,000 US dollars. Reported reconciliation to consolidated revenue. - **Loss from discontinued operations, net of tax**: 0 US dollars. Reported below-tax contribution to net income. - **Communications costs (calculated)**: 90,237,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Latin America Business Segment costs (calculated)**: 4,073,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Reconciling items (calculated)**: 4,657,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. ### 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. - Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue. - Of which attributable to AT&T INC.: $14.40 B; to noncontrolling interests: $1.22 B. ## Chart details: Revenue by Subsegment Eliminations - Page: https://plicit.ai/financials/t/fy2023-annual-income-statement/revenue-by-subsegment-eliminations - Chart image: https://plicit.ai/charts/t-fy2023-annual-revenue-by-subsegment-eliminations-sankey.png Income statement for 2023-01-01 through 2023-12-31. View: Subsegments Consolidation Items. 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 - **Total Corporate**: 458,000,000 US dollars - **Certain significant items**: 0 US dollars - **Undisclosed (calculated)**: 121,970,000,000 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.