AT&T INC. (T) FY2026 Q1 P&L / Income Statement

AT&T INC. (T) FY2026 Q1 P&L / Income Statement

Income statement for 2026-01-01 through 2026-03-31. View: Product and service (2 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total operating revenues

31,506,000,000 US dollars

Cost of revenue (calculated)

12,566,000,000 US dollars

Gross profit (calculated)

18,940,000,000 US dollars

Operating expenses (calculated)

12,282,000,000 US dollars

Operating Income

6,658,000,000 US dollars

Total other income (expense)

negative 1,260,000,000 US dollars

Income from Continuing Operations Before Income Taxes

5,398,000,000 US dollars

Income tax expense on continuing operations

1,179,000,000 US dollars

Net Income

4,181,000,000 US dollars

Service

25,478,000,000 US dollars

Equipment revenue

6,028,000,000 US dollars

Equipment cost of revenue

6,305,000,000 US dollars

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

6,261,000,000 US dollars

Selling, general and administrative

7,316,000,000 US dollars

Asset impairments and abandonments and restructuring

0 US dollars

Depreciation and amortization

4,966,000,000 US dollars

Loss from discontinued operations, net of tax

negative 38,000,000 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.: $3.83 B; to noncontrolling interests: $352.00 M.