On products and services:
BUSINESS OPERATIONS OPERATING SEGMENTS Our segments are strategic business units that offer different products and services over various technology platforms and/or in different geographies that are managed accordingly.
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On products and services:
BUSINESS OPERATIONS OPERATING SEGMENTS Our segments are strategic business units that offer different products and services over various technology platforms and/or in different geographies that are managed accordingly.
On reportable segments:
Our reportable segments are organized as follows: The Communications segment provides wireless and wireline telecom and broadband services to consumers located in the United States and businesses globally.
The values below are templated from verified SEC companyfacts-derived facts. The embedded SVG figures show selected annual series from the same facts.
Reported revenue: 125,648,000,000
Operating margin: 19.23%
Free cash flow: 19,442,000,000
Revenue scale is shown from verified SEC companyfacts. Revenue: 125,648,000,000
Operating margin is shown from verified SEC companyfacts. Operating margin: 19.23%
Net margin is shown from verified SEC companyfacts. Net margin: 17.47%
Free cash flow is computed from verified operating cash flow and capital expenditure facts. Free cash flow: 19,442,000,000
Capital expenditures are shown as reported payment magnitude from verified SEC companyfacts. Capital expenditures: 20,842,000,000
Dividends paid are shown as reported cash outflow magnitude from verified SEC companyfacts. Dividends paid: 8,180,000,000
| Metric | Value | Fiscal year | Period end | Source |
|---|---|---|---|---|
| Capital expenditures | 20,842,000,000 | 2025 | 2025-12-31 | USD |
| Dividends paid | 8,180,000,000 | 2025 | 2025-12-31 | USD |
| Free cash flow | 19,442,000,000 | 2025 | 2025-12-31 | USD |
| Net income | 21,953,000,000 | 2025 | 2025-12-31 | USD |
| Net margin | 17.47% | 2025 | 2025-12-31 | Percent |
| Operating cash flow | 40,284,000,000 | 2025 | 2025-12-31 | USD |
| Operating income | 24,162,000,000 | 2025 | 2025-12-31 | USD |
| Operating margin | 19.23% | 2025 | 2025-12-31 | Percent |
On reported revenue movement:
Fiber and advanced connectivity services revenues increased in 2025, driven by higher fiber and fixed wireless revenues.
On operating-income movement:
Our Business Wireline operating income margin was (4.7)% in 2025, (0.5)% in 2024 and 6.2% in 2023.
On segment operating income:
Our Communications segment operating income margin was 23.1% in 2025, 23.0% in 2024 and 23.6% in 2023.