TBB (AT&T Inc. 5.35% GLB NTS 66) Stock Financials & Earnings | Market Cap Arena

TBB (AT&T Inc. 5.35% GLB NTS 66) Stock Financials & Earnings | Market Cap Arena

TBBAT&T Inc. 5.35% GLB NTS 66

Mkt Cap$137B

Communication Services·Telecommunications Services·🇺🇸 United States·NYSE

Revenue (TTM)$125.6B

Net Income (TTM)$21.9B

EPS (TTM)$3.04

Free Cash Flow (TTM)$19.4B

Gross Margin83.9%

Op. Margin18.8%

Net Margin17.4%

FCF Margin15.5%

P/S Ratio (TTM)1.1x

P/E Ratio (TTM)6.3x

YoY Rev Growth+2.7%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$30.1B	$13.2B	$6.0B
Q2 23	$29.9B	$13.4B	$6.4B
Q3 23	$30.4B	$13.6B	$6.5B
Q4 23	$32.0B	$13.3B	$5.9B
Q1 24	$30.0B	$13.0B	$6.0B
Q2 24	$29.8B	$13.3B	$6.3B
Q3 24	$30.2B	$13.5B	$6.6B
Q4 24	$32.3B	$12.7B	$5.3B
Q1 25	$30.6B	$18.6B	$5.8B
Q2 25	$30.8B	$13.4B	$6.5B
Q3 25	$30.7B	$13.6B	$6.1B
Q4 25	$33.5B	$59.8B	$5.2B

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	1.1x	—
Q2 23	1.1x	—
Q3 23	1.1x	—
Q4 23	1.1x	9.5x
Q1 24	1.1x	10.1x
Q2 24	1.1x	10.8x
Q3 24	1.1x	15.1x
Q4 24	1.1x	12.5x
Q1 25	1.1x	11.5x
Q2 25	1.1x	10.7x
Q3 25	1.1x	6.2x
Q4 25	1.1x	6.3x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$6.7B	$2.3B
Q2 23	$9.9B	$5.7B
Q3 23	$10.3B	$5.7B
Q4 23	$11.4B	$6.8B
Q1 24	$7.5B	$3.8B
Q2 24	$9.1B	$4.7B
Q3 24	$10.2B	$4.9B
Q4 24	$11.9B	$5.1B
Q1 25	$9.0B	$4.8B
Q2 25	$9.8B	$4.9B
Q3 25	$10.2B	$5.3B
Q4 25	$11.3B	$4.5B

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$4.3B
Q2 23	$4.3B
Q3 23	$4.6B
Q4 23	$4.6B
Q1 24	$3.8B
Q2 24	$4.4B
Q3 24	$5.3B
Q4 24	$6.8B
Q1 25	$4.3B
Q2 25	$4.9B
Q3 25	$4.9B
Q4 25	$6.8B

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+1.4%	+0.2%
Q2 23	+0.9%	-1.6%
Q3 23	+1.0%	+0.1%
Q4 23	+2.2%	+2.1%
Q1 24	-0.4%	-0.6%
Q2 24	-0.4%	-0.0%
Q3 24	-0.5%	-1.0%
Q4 24	+0.9%	+3.1%
Q1 25	+2.0%	+3.7%
Q2 25	+3.5%	+3.4%
Q3 25	+1.6%	+4.0%
Q4 25	+3.6%	+5.0%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$0	0.0%
Q2 23	$0	0.0%
Q3 23	$0	0.0%
Q4 23	$4.3B	13.5%
Q1 24	$0	0.0%
Q2 24	$0	0.0%
Q3 24	$0	0.0%
Q4 24	$0	0.0%
Q1 25	$0	0.0%
Q2 25	$0	0.0%
Q3 25	$0	0.0%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	R&D	SG&A
Q1 23	—	$7.2B
Q2 23	—	$7.0B
Q3 23	—	$7.1B
Q4 23	$954M	$7.5B
Q1 24	—	$7.0B
Q2 24	—	$7.0B
Q3 24	—	$6.9B
Q4 24	$955M	$7.4B
Q1 25	—	$7.1B
Q2 25	—	$6.9B
Q3 25	—	$7.5B
Q4 25	—	$7.5B

Revenue Segments

Quarter	Business Solutions	IP Broadband	Legacy Voice and Data	Other Service	Product	Wireless Service
Q1 23	$5.2B	$2.5B	$479M	$337M	$5.5B	$16.1B
Q2 23	$5.1B	$2.6B	$463M	$332M	$5.1B	$16.4B
Q3 23	$5.1B	$2.7B	$437M	$341M	$5.2B	$16.6B
Q1 24	$4.7B	$2.7B	$404M	$332M	$5.2B	$16.7B
Q2 24	$4.6B	$2.7B	$385M	$333M	$4.8B	$17.0B
Q3 24	$4.4B	$2.8B	$373M	$322M	$5.1B	$17.2B

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$2.8B	$0	$2.8B
Q2 23	$9.5B	$0	$9.5B
Q3 23	$7.5B	$0	$7.5B
Q4 23	$6.7B	$0	$6.7B
Q1 24	$3.5B	$0	$3.5B
Q2 24	$3.1B	$0	$3.1B
Q3 24	$2.6B	$0	$2.6B
Q4 24	$3.3B	$0	$3.3B
Q1 25	$6.9B	$0	$6.9B
Q2 25	$10.5B	$0	$10.5B
Q3 25	$20.3B	$0	$20.3B
Q4 25	$18.2B	$0	$18.2B

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	7.47B	-0.8%
Q2 23	7.18B	-3.9%
Q3 23	7.18B	+0.1%
Q4 23	7.19B	+0.1%
Q1 24	7.19B	+0.0%
Q2 24	7.20B	+0.1%
Q3 24	7.21B	+0.1%
Q4 24	7.21B	-0.0%
Q1 25	7.22B	+0.2%
Q2 25	7.22B	-0.1%
Q3 25	7.17B	-0.7%
Q4 25	7.18B	+0.1%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$524K	253K
FY 15	$522K	281K
FY 16	$611K	268K
FY 17	$637K	252K
FY 18	$637K	268K
FY 19	$737K	246K
FY 20	$747K	230K
FY 21	$660K	203K
FY 22	$751K	161K
FY 23	$817K	150K
FY 24	$868K	141K
FY 25	$945K	133K