U.S. COMPANY FILING
10-K AT&T INC. 2025
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AT&T's 2025 revenue grew 2.7% to $125.6B, net income surged 90.9% to $23.4B, driven by DIRECTV sale gain and lower 2024 goodwill impairment. Operating income rose 26.8% with margin at 19.2%. Mobility and consumer wireline grew, while business wireline declined. Completed Lumen fiber acquisition and announced EchoStar spectrum purchase, expected to close in early 2026.
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