The Business Study
AT&T Inc. · THow AT&T makes money
AT&T brought in $126 billion in revenue in 2025 and kept $22.0 billion as profit: $17.47 of every $100.
From AT&T's Form 10-K for the year ended December 31, 2025. Page updated November 8, 2026.
Out of every $100 AT&T took in, it kept
6 years of AT&T's revenue and profit.
Fiscal years as AT&T reports them; the latest ended December 31, 2025. Profit is net income.
Quick answers about AT&T.
How does AT&T make money?
AT&T sells phone plans, phones and fiber internet in the U.S., plus services for businesses.
How much money does AT&T make a year?
$126 billion in revenue in 2025, and $22.0 billion in net profit. That's up 3% from the year before.
Is AT&T profitable?
Yes. AT&T made $22.0 billion in net profit in 2025, which is $17.47 of every $100 it took in. It lost money in 2020, 2022.
How many employees does AT&T have?
About 133,030 employees as of December 31, 2025. That works out to $944,509 in revenue per employee.
Is AT&T growing?
No. Revenue went from $143 billion in 2020 to $126 billion in 2025, down 12%.
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CompareSource: AT&T Inc., annual report on Form 10-K for the fiscal year ended December 31, 2025, filed with the SEC on February 9, 2026.
Revenue, profit and the breakdowns are the numbers the company reported in that filing (its XBRL data). Profit means net income; "operating profit" means operating income. Nothing on this page is estimated.