AT&T INC. (T) FY2024 Q1 P&L / Income Statement

AT&T INC. (T) FY2024 Q1 P&L / Income Statement

Income statement for 2024-01-01 through 2024-03-31. View: Product and service (6 categories). Revenue and costs use their disclosed categories.

Total operating revenues

30,028,000,000 US dollars

Cost of revenue (calculated)

11,954,000,000 US dollars

Gross profit (calculated)

18,074,000,000 US dollars

Operating expenses (calculated)

12,227,000,000 US dollars

Operating Income

5,847,000,000 US dollars

Total other income (expense)

negative 978,000,000 US dollars

Income Before Income Taxes

4,869,000,000 US dollars

Income tax expense

1,118,000,000 US dollars

Net Income

3,751,000,000 US dollars

Equipment revenue

5,186,000,000 US dollars

Wireless service

16,684,000,000 US dollars

Business service

4,700,000,000 US dollars

Broadband

2,722,000,000 US dollars

Legacy voice and data

404,000,000 US dollars

Other

332,000,000 US dollars

Equipment cost of revenue

5,143,000,000 US dollars

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

6,811,000,000 US dollars

Selling, general and administrative

7,021,000,000 US dollars

Asset impairments and abandonments and restructuring

159,000,000 US dollars

Depreciation and amortization

5,047,000,000 US dollars

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 equals net income.
• Of which attributable to AT&T INC.: $3.45 B; to noncontrolling interests: $306.00 M.