← AT&T INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||
| Current assets: | |||||||||||
| Accounts receivable – net of related allowance for credit loss of $429 and $375 | $16.8b | $16.5b | $26.5b | $22.6b | $20.2b | $17.6b | $11.5b | $10.3b | $9.6b | $8.8b | |
| Cash and Cash Equivalents, at Carrying Value | $5.8b | $50.5b | $5.2b | $12.1b | $9.7b | $21.2b | $3.7b | $6.7b | $3.3b | $18.2b | |
| Cash and cash equivalents | $5.8b | $50.5b | $5.2b | $12.1b | $9.7b | $21.2b | $3.7b | $6.7b | $3.3b | $18.2b | |
| Prepaid Expense and Other Assets, Current | — | — | — | — | $18.4b | $17.8b | $14.8b | $17.3b | $16.0b | $19.2b | |
| Prepaid and other current assets | — | — | — | — | $18.4b | $17.8b | $14.8b | $17.3b | $16.0b | $19.2b | |
| Inventory, Net | $2.0b | $2.2b | $2.8b | $2.9b | $3.6b | $3.5b | $3.1b | $2.2b | $2.3b | $2.4b | |
| Assets, Current | $38.4b | $79.1b | $51.4b | $54.8b | $52.0b | $60.0b | $33.1b | $36.5b | $31.2b | $48.7b | |
| Total current assets | $38.4b | $79.1b | $51.4b | $54.8b | $52.0b | $60.0b | $33.1b | $36.5b | $31.2b | $48.7b | |
| Property, Plant and Equipment, Net | $124.9b | $125.2b | $131.5b | $130.1b | $127.3b | $125.9b | $127.4b | $128.5b | $128.9b | $131.6b | |
| Goodwill | $105.2b | $105.4b | $146.4b | $146.2b | $135.3b | $133.2b | $67.9b | $67.9b | $63.4b | $63.4b | |
| Other Intangible Assets – Net | $8.4b | $7.5b | $26.3b | $20.8b | $15.4b | $11.8b | $5.4b | $5.3b | $5.3b | $5.3b | |
| Operating Lease Right-Of-Use Assets | — | — | $0 | $24.0b | $24.7b | $24.2b | $21.8b | $20.9b | $20.9b | $22.6b | |
| Operating Lease, Right-of-Use Asset | — | — | $0 | $24.0b | $24.7b | $24.2b | $21.8b | $20.9b | $20.9b | $22.6b | |
| Other Assets | $16.8b | $18.4b | $24.8b | $22.8b | $23.6b | $22.6b | $19.6b | $19.6b | $17.8b | $19.3b | |
| Other Assets, Noncurrent | $16.8b | $18.4b | $24.8b | $22.8b | $23.6b | $22.6b | $19.6b | $19.6b | $17.8b | $19.3b | |
| Additional Financial Items | |||||||||||
| Accounts Receivable, after Allowance for Credit Loss, Current | $16.8b | $16.5b | $26.5b | $22.6b | $20.2b | $17.6b | $11.5b | $10.3b | $9.6b | $8.8b | |
| Advanced billings and customer deposits | — | — | — | $6.1b | $6.2b | $5.3b | $3.9b | $3.8b | $4.1b | $4.3b | |
| Debt maturing within one year | $9.8b | $38.4b | $10.3b | $11.8b | $3.5b | $24.6b | $7.5b | $9.5b | $5.1b | $9.0b | |
| Investments in and Advances to Equity Affiliates | $1.7b | $1.6b | $6.2b | $3.7b | $1.8b | $7.3b | $3.5b | $1.3b | $295.0m | $1.1b | |
| Licenses – Net | $94.2b | $96.1b | $96.1b | $97.9b | $93.8b | $113.8b | $124.1b | $127.2b | $127.0b | $128.1b | |
| Operating lease liabilities | — | — | $0 | $21.8b | $22.2b | $21.3b | $18.7b | $17.6b | $17.4b | $18.9b | |
| Postemployment benefit obligation | $33.6b | $31.8b | $19.2b | $18.8b | $18.3b | $12.6b | $7.3b | $8.7b | $9.0b | $8.5b | |
| Total stockholders’ equity | $124.1b | $142.0b | $193.9b | $201.9b | $179.2b | $183.9b | $106.5b | $117.4b | $118.2b | $126.5b | |
| Assets | $403.8b | $444.1b | $531.9b | $551.7b | $525.8b | $551.6b | $402.9b | $407.1b | $394.8b | $420.2b | |
| Total Assets | $403.8b | $444.1b | $531.9b | $551.7b | $525.8b | $551.6b | $402.9b | $407.1b | $394.8b | $420.2b | |
| LIABILITIES AND EQUITY | |||||||||||
| Total Liabilities and Stockholders’ Equity | $403.8b | $444.1b | $531.9b | $551.7b | $525.8b | $551.6b | $402.9b | $407.1b | $394.8b | $420.2b | |
| Current liabilities: | |||||||||||
| Accounts Payable, Current | $22.0b | $24.4b | $27.0b | $29.6b | $31.8b | $30.8b | $31.1b | $27.3b | $27.4b | $29.9b | |
| Accounts payable and accrued liabilities | $31.1b | $34.5b | $43.2b | $46.0b | $49.0b | $50.7b | $42.6b | $35.9b | $35.7b | $38.5b | |
| Dividends Payable, Current | $3.0b | $3.1b | $3.9b | $3.8b | $3.7b | $3.7b | $2.0b | $2.0b | $2.0b | $2.0b | |
| Dividends payable | $3k | $3k | $4k | $4k | $4k | $4k | $2k | $2k | $2k | $2k | |
| Operating Lease, Liability, Current | — | — | — | $3.5b | $3.5b | $3.7b | $3.5b | $3.5b | $3.5b | $3.6b | |
| Operating Lease, Liability, Noncurrent | — | — | — | $21.8b | $22.2b | $21.3b | $18.7b | $17.6b | $17.4b | $18.9b | |
| Liabilities, Current | $50.6b | $81.4b | $64.4b | $68.9b | $63.4b | $85.6b | $56.2b | $51.1b | $46.9b | $53.8b | |
| Total current liabilities | $50.6b | $81.4b | $64.4b | $68.9b | $63.4b | $85.6b | $56.2b | $51.1b | $46.9b | $53.8b | |
| Deferred Income Tax Liabilities, Net | $58.7b | $43.2b | $57.7b | $59.3b | $60.5b | $65.2b | $57.0b | $58.7b | $58.9b | $58.3b | |
| Long Term Debt | $113.7b | $126.0b | $166.2b | $151.3b | $155.2b | $169.1b | $133.2b | $133.4b | $122.1b | $134.7b | |
| Noncurrent deferred tax liabilities | — | — | — | $59.5b | $60.5b | $65.2b | $57.0b | $58.7b | $58.9b | $58.3b | |
| Other Liabilities, Noncurrent | $21.7b | $19.7b | $30.2b | $29.4b | $28.4b | $30.2b | $28.8b | $23.7b | $23.9b | $25.1b | |
| Other noncurrent liabilities | $21.7b | $19.7b | $30.2b | $29.4b | $28.4b | $30.2b | $28.8b | $23.7b | $23.9b | $25.1b | |
| Deferred Tax Liabilities, Net | — | — | — | $59.5b | $60.3b | $65.0b | $56.9b | $58.6b | $58.9b | $58.2b | |
| Total deferred credits and other noncurrent liabilities | $115.5b | $94.7b | $107.3b | $129.5b | $129.3b | $129.5b | $111.8b | $108.7b | $109.3b | $110.8b | |
| Redeemable Noncontrolling Interest | — | — | — | — | — | — | $0 | $2.0b | $2.0b | $2.0b | |
| Redeemable Noncontrolling Interest, Equity, Carrying Amount | — | — | — | — | — | — | $0 | $2.0b | $2.0b | $2.0b | |
| Stockholders’ equity: | |||||||||||
| Accumulated Other Comprehensive Income (Loss), Net of Tax | $5.0b | $7.0b | $4.2b | $5.5b | $4.3b | $3.5b | $2.8b | $2.3b | $795.0m | ($860.0m) | |
| Accumulated other comprehensive income (loss) | $5.0b | $7.0b | $4.2b | $5.5b | $4.3b | $3.5b | $2.8b | $2.3b | $795.0m | ($860.0m) | |
| Additional Paid in Capital, Common Stock | $89.6b | $89.6b | $125.5b | $126.3b | $130.2b | $130.1b | $123.6b | $114.5b | $109.1b | $106.5b | |
| Additional paid-in capital | $89.6b | $89.6b | $125.5b | $126.3b | $130.2b | $130.1b | $123.6b | $114.5b | $109.1b | $106.5b | |
| Common Stock, Value, Issued | $6.5b | $6.5b | $7.6b | $7.6b | $7.6b | $7.6b | $7.6b | $7.6b | $7.6b | $7.6b | |
| Common stock ($1 par value, 14,000,000,000 authorized at December 31, 2025 and December 31, 2024: issued 7,620,748,598 at December 31, 2025 and December 31, 2024) | $6.5b | $6.5b | $7.6b | $7.6b | $7.6b | $7.6b | $7.6b | $7.6b | $7.6b | $7.6b | |
| Preferred Stock, Value, Issued | $6.5b | $6.5b | $7.6b | $0 | $7.6b | $7.6b | $7.6b | $7.6b | $7.6b | $7.6b | |
| Preferred stock ($1 par value, 10,000,000 authorized at December 31, 2025 and December 31, 2024): | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Retained Earnings (Accumulated Deficit) | $34.7b | $50.5b | $58.8b | $57.9b | $37.5b | $42.4b | ($19.4b) | ($5.0b) | $1.9b | $15.8b | |
| Treasury Stock, Common, Value | $6.5b | $6.5b | $7.6b | $7.6b | $7.6b | $7.6b | $7.6b | $7.6b | $7.6b | $18.5b | |
| Treasury stock (583,246,242 at December 31, 2025 and 444,853,148 at December 31, 2024, at cost) | ($12.7b) | ($12.7b) | ($12.1b) | ($13.1b) | ($17.9b) | ($17.3b) | ($17.1b) | ($16.1b) | ($15.0b) | ($18.5b) | |
| Noncontrolling interest | $975.0m | $1.1b | $9.8b | $17.7b | $17.6b | $17.5b | $9.0b | $14.1b | $13.9b | $16.0b | |
| Stockholders' Equity Attributable to Noncontrolling Interest | $975.0m | $1.1b | $9.8b | $17.7b | $17.6b | $17.5b | $9.0b | $14.1b | $13.9b | $16.0b | |
| Liabilities and Equity | $403.8b | $444.1b | $531.9b | $551.7b | $525.8b | $551.6b | $402.9b | $407.1b | $394.8b | $420.2b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.