AT&T Inc.
att.comWhat Do They Do?
Provides wireless service and equipment to consumers and wholesale subscribers, plus broadband and wireline telecom services for consumers and businesses.
10-K for FY2025, filed Feb 9, 2026Mobility – Our Mobility business unit provides nationwide wireless service to consumers and wholesale and resale wireless subscribers…View ↗
Business Wireline – Our Business Wireline business unit provides services to business customers, including multinational corporations…View ↗
Consumer Wireline – Our Consumer Wireline business unit provides broadband services, including fiber connections, AIA and legacy telephony…View ↗
How Do They Make Money?
Customers pay monthly fees or usage charges for wireless, broadband and other connectivity services; wireless devices can be paid for in installments, and equipment sales are made when customers accept the products.
10-K for FY2025, filed Feb 9, 2026Examples of service revenues include wireless, fiber and other advanced connectivity, transitional and legacy voice and data. These…View ↗
Some of our services require customer premises equipment that, when combined and integrated with AT&T’s specific network infrastructure…View ↗
We offer the majority of our customers the option to purchase certain wireless devices in installments over a specified period of time…View ↗
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10-K for FY2025, filed Feb 9, 2026
FY2025 revenue by product or service ↗
$125.6B
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10-K for FY2025, filed Feb 9, 2026
$125.6B ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Wireless Service
|
56%
FY2022: 52%
|
Wireless Service, FY2025
$70.1B Sources
|
|
|
Business Service
|
13%
FY2022: 18%
|
Business Service, FY2025
$16B Sources
|
|
|
IP Broadband
|
2.8%
FY2022: 8.0%
|
IP Broadband, FY2025
$3.5B Sources
|
|
|
Legacy Voice and Data
|
8.3%
FY2022: 1.7%
|
Legacy Voice and Data, FY2025
$10.4B Sources
|
|
|
Other Service
|
0.9%
FY2022: 1.3%
|
Other Service, FY2025
$1.2B Sources
|
|
|
Other Capitalized Property Plant and Equipment
Sold outright
10-K for FY2025, filed Feb 9, 2026 |
19%
FY2022: 19%
|
Other Capitalized Property Plant and Equipment, FY2025
$24.5B Sources
|
Sold outright |
Who Are Their Customers?
Consumers and residential customers buy wireless and broadband services; businesses, governments and wholesale customers buy business connectivity. Handsets are sold online and through company stores, agents and third-party retailers.
10-K for FY2025, filed Feb 9, 2026Mobility – Our Mobility business unit provides nationwide wireless service to consumers and wholesale and resale wireless subscribers…View ↗
Business Wireline – Our Business Wireline business unit provides services to business customers, including multinational corporations…View ↗
Consumer Wireline – Our Consumer Wireline business unit provides broadband services, including fiber connections, AIA and legacy telephony…View ↗
We sell a wide variety of handsets, wireless data cards and wireless computing devices manufactured by various suppliers for use with our…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 17 cents of every revenue dollar as net income in FY2025 and turned 15 cents into free cash flow.
10-K for FY2025, filed Feb 9, 2026
$24.2BView ↗
10-K for FY2025, filed Feb 9, 2026
$22BView ↗
10-K for FY2025, filed Feb 9, 2026
$19.4BView ↗
How Are They Changing?
10-Q for Q3 FY2026, filed Oct 21, 2026
Open tableView ↗
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Jun 16, 2026
CFO retirement and successor appointment announced
Pascal Desroches plans to retire as CFO, and Jennifer Biry is set to succeed him.
Sources
8-K, filed Jun 16, 2026
On June 11, 2026, Pascal Desroches announced his retirement as Senior Executive Vice President and Chief Financial Officer of AT&T Inc.…View ↗
Flat. Revenue was $125.6B in FY2025, about the same as the $134B of FY2021.
Business description
The older report described entertainment investments and Video-related operations alongside communications; the latest lists Communications and Latin America as its reportable segments and notes the sale of AT&T’s remaining DIRECTV interest.
10-K for FY2022, filed Feb 13, 2023 10-K for FY2025, filed Feb 9, 2026
Who Do They Compete With?
Competes with América Móvil
10-K for FY2025, filed Feb 9, 2026Wireless We face substantial competition in our wireless businesses. Under current FCC rules, multiple licensees, who provide wireless…View ↗
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