Company / Operating Income
AT&T Operating Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Income
$24.2B
FY2025
5-year range
-$4.6B / $25.9B
FY2021-FY2025
Trend
+26.8%
vs FY2024
Sector context
#4 of 68
Communication Services
What the data says
Among 68 Communication Services companies, AT&T is in the top 6% for operating income. Operating Income has fluctuated over the past 10 years, ranging from -$4.6B in FY2022 to $28.0B in FY2019.
Based on SEC 10-K filings.
$24.2B in FY2025 with a 5-year CAGR of +23.6%. Top quartile in the Communication Services sector.
Improved from $23.5B to $24.2B over the past 2 years.
Communication Services sector context is included.
Operating Income over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- +23.6%
- 10-Year CAGR
- -
Sector benchmark
+381.4% above sector average
Key checks
Key Insights
- 5-year CAGR of +23.6%, indicating consistent growth.
- In FY2025, operating income increased 26.8% year-over-year.
- Ranks #4 out of 68 companies in the Communication Services sector.
- Peak operating income was recorded in FY2019.
Company context
Key Data Points
- Altman Z-Score 0.68 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $24.2B | +26.8% |
| FY2024 | $19.0B | -18.8% |
| FY2023 | $23.5B | +611.5% |
| FY2022 | -$4.6B | -117.7% |
| FY2021 | $25.9B | +209.3% |
| FY2020 | $8.4B | -70.1% |
| FY2019 | $28.0B | +7.1% |
| FY2018 | $26.1B | +30.7% |
| FY2017 | $20.0B | -15.2% |
| FY2016 | $23.5B | -5.0% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026