AT&T Inc. (T)

Income Statement
Quarterly Data

Difficulty: Beginner

Annual Data

Quarterly Data

The income statement presents information on the financial results of a company's business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

AT&T Inc., Consolidated Income Statement (quarterly data)

USD $ in millions

	3 months ended	Jun 30, 2018		Mar 31, 2018		Dec 31, 2017		Sep 30, 2017		Jun 30, 2017		Mar 31, 2017		Dec 31, 2016		Sep 30, 2016		Jun 30, 2016		Mar 31, 2016		Dec 31, 2015		Sep 30, 2015		Jun 30, 2015		Mar 31, 2015		Dec 31, 2014		Sep 30, 2014		Jun 30, 2014		Mar 31, 2014		Dec 31, 2013		Sep 30, 2013		Jun 30, 2013		Mar 31, 2013
	Service
	Equipment
	Media
	Operating revenues
	Equipment
	Broadcast, programming and operations
	Other cost of revenues, exclusive of depreciation and amortization
	Cost of revenues
	Gross profit
	Selling, general and administrative
	Abandonment of network assets
	Depreciation and amortization
	Operating income
	Interest expense
	Equity in net income (loss) of affiliates
	Other income (expense), net
	Other income (expense)
	Income before income taxes
	Income tax (expense) benefit
	Net income
	Net income attributable to noncontrolling interest
	Net income attributable to AT&T

Source: AT&T Inc., Quarterly and Annual Reports

Item	Description	The company
Operating revenues	Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains.	AT&T Inc.'s operating revenues declined from Q4 2017 to Q1 2018 but then slightly increased from Q1 2018 to Q2 2018.
Operating income	The net result for the period of deducting operating expenses from operating revenues.	AT&T Inc.'s operating income increased from Q4 2017 to Q1 2018 and from Q1 2018 to Q2 2018.
Income before income taxes	Sum of operating profit and nonoperating income (expense) before income (loss) from equity method investments, income taxes, extraordinary items, cumulative effects of changes in accounting principles, and noncontrolling interest.	AT&T Inc.'s income before income taxes increased from Q4 2017 to Q1 2018 and from Q1 2018 to Q2 2018.
Net income	The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.	AT&T Inc.'s net income declined from Q4 2017 to Q1 2018 but then slightly increased from Q1 2018 to Q2 2018.
Net income attributable to AT&T	The portion of consolidated profit or loss for the period, net of income taxes, which is attributable to the parent. If the entity does not present consolidated financial statements, the amount of profit or loss for the period, net of income taxes.	AT&T Inc.'s net income attributable to AT&T declined from Q4 2017 to Q1 2018 but then slightly increased from Q1 2018 to Q2 2018.

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Relative Valuation
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Long-term Trends
Analysis
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AT&T Inc. (T)

Income StatementQuarterly Data

Income Statement
Quarterly Data