Form 8-K · Current Report · Filed 2025-04-23

AT&T Reports Strong First-Quarter 2025 Financial Results

AT&T Inc. reported solid first-quarter financial results for 2025, showcasing strong revenue growth and profitability. The company reported revenues of $30.6 billion, a 2.0% increase year-over-year, driven by growth in mobility and consumer wireline services. Diluted earnings per share (EPS) were $0.61, up from $0.47 in the first quarter of 2024, reflecting an earnings beat. Operating income was $5.8 billion, and adjusted EBITDA was $11.5 billion. AT&T also reiterated its full-year 2025 financial and operational guidance, with expectations for consolidated service revenue growth in the low-single-digit range, mobility service revenue growth in the higher end of the 2% to 3% range, and consumer fiber broadband revenue growth in the mid-teens. Free cash flow for the quarter was $3.1 billion. The company expects to commence share repurchases in the second quarter of 2025, operating within its net leverage target of net debt-to-adjusted EBITDA in the 2.5x range.