AT&T (T) 10-K Summary — Year Ended Dec 31, 2023
AT&T Inc. is a Delaware holding company that files required reports with the SEC and makes them available on its website. The filing covers the company's business overview, risk factors, management discussion, and liquidity and capital resources.
Key takeaway
Year ended Dec 31, 2023 · FY2025 10-K
AT&T Inc. is a Delaware holding company that files required reports with the SEC and makes them available on its website. The filing covers the company's business overview, risk factors, management discussion, and liquidity and capital resources.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$122.4B
Revenue reported for the fiscal year.
Operating income
$23.5B
Income from operations reported for the year.
Net income
$14.4B
Net income reported for the year.
Operating cash flow
$38.3B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2023 | $29.9B | n/a |
| Sep 30, 2023 | $30.4B | +1.4% |
| Dec 31, 2023 | $122.4B | +303.4% |
Business overview
AT&T is a holding company incorporated in Delaware, with principal executive offices in Dallas, Texas. The company files electronically with the SEC and provides access to its reports on its website. It also makes available its Code of Ethics, Corporate Governance Guidelines, and committee charters upon request.
Financial performance
The company reported revenue, operating income, and net income for the period. Operating cash flow was also provided. The trend data shows sequential changes in revenue over recent periods.
Material risks
The filing includes a section on risk factors, though the supplied text only lists headings and does not provide specific risk descriptions. The company also addresses cybersecurity and legal proceedings as part of its risk disclosures.
Liquidity and capital
Cash provided by operating activities exceeded cash used in investing and financing activities combined. The company had cash and cash equivalents available, with a portion held by foreign entities subject to repatriation restrictions.
What to watch
Monitor changes in the company's total debt level and cash position in the next filing.