AT&T(US:T)2025-10-22 10:35Financial Performance - Total operating revenues for Q3 2025 reached $30,709 million, a 1.6% increase from $30,213 million in Q3 2024[1] - Net income for the nine-month period of 2025 was $19,230 million, up 145.0% from $7,845 million in the same period of 2024[1] - Operating income for Q3 2025 was $6,119 million, a significant increase of 189.5% compared to $2,116 million in Q3 2024[1] - Basic earnings per share attributable to common stock for Q3 2025 was $1.29, compared to a loss of $0.03 in Q3 2024[1] - Total segment operating revenues for the nine-month period in 2025 were $3,120 million, down 2.1% from $3,188 million in 2024[16] - Total operating expenses for the nine-month period in 2025 were $55,066 million, a decrease of 5.0% from $58,050 million in 2024[18] Assets and Liabilities - Cash and cash equivalents increased to $20,328 million as of September 30, 2025, compared to $2,726 million at the end of 2024[4] - Total assets grew to $423,213 million as of September 30, 2025, up from $394,795 million at the end of 2024[2] - The company’s total current liabilities increased to $53,876 million as of September 30, 2025, from $46,872 million at the end of 2024[2] - The company reported a debt ratio of 52.0% for Q3 2025, slightly down from 52.2% in Q3 2024[5] Employment and Expenditures - The number of total employees decreased by 5.5% to 135,670 in Q3 2025 from 143,630 in Q3 2024[5] - Total capital expenditures for the nine-month period of 2025 were $14,061 million, a 4.8% increase from $13,420 million in 2024[5] Segment Performance - Mobility segment operating revenues increased by 3.1% to $21,713 million in Q3 2025, compared to $21,052 million in Q3 2024[7] - Business Wireline segment operating revenues decreased by 7.8% to $4,248 million in Q3 2025, down from $4,606 million in Q3 2024[12] - Consumer Wireline segment operating revenues rose by 4.1% to $3,555 million in Q3 2025, compared to $3,416 million in Q3 2024[14] - Total segment operating income for Q3 2025 was $7,096 million, a slight decrease of 0.8% from $7,156 million in Q3 2024[7] - Mobility operating income margin was 32.8% in Q3 2025, down from 33.3% in Q3 2024[9] - Consumer Wireline operating income increased by 65.8% to $325 million in Q3 2025, compared to $196 million in Q3 2024[14] - Business Wireline operating income margin was -8.3% in Q3 2025, a decline from -0.9% in Q3 2024[12] Subscriber Metrics - Total Mobility subscribers reached 118,982 thousand, reflecting a 2.5% increase from 116,066 thousand in Q3 2024[9] - Postpaid phone net additions were 405 thousand in Q3 2025, a slight increase of 0.5% from 403 thousand in Q3 2024[9] - Fiber broadband connections grew by 12.2% to 10,123 thousand in Q3 2025, up from 9,024 thousand in Q3 2024[14] - Mexico wireless subscribers increased to 24,149 thousand, a 5.4% growth from 22,911 thousand in 2024[16] - Postpaid net additions in Mexico for Q3 2025 were 243 thousand, a 74.8% increase from 139 thousand in Q3 2024[16] Corporate Costs and Losses - Corporate and other segment reported a loss of $999 million in Q3 2025, compared to a loss of $5,050 million in Q3 2024[17] - Total corporate costs, including DTV-related retained costs, amounted to $287 million in the nine-month period of 2025, compared to $337 million in 2024[18]