Edwyn
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $171,760 | $168,864 | $120,741 | $122,428 | $122,336 |
| Gross Profit | $6,405 | $23,347 | -$4,587 | $23,461 | $19,049 |
| Operating Income | $6,405 | $23,347 | -$4,587 | $23,461 | $19,049 |
| Net Income | -$5,176 | $20,081 | -$8,524 | $14,400 | $10,948 |
Over the five-year period, AT&T's income statement shows notable volatility in profitability despite relatively stable revenue figures after a slight decline from 2020 (USD 171,760 million) to approximately USD 122,000 million in 2023–2024. In 2020, the company reported a sharp net loss (–USD 5,176 million), which rebounded somewhat in 2021 with a net income of USD 20,081 million. However, 2022 stands out with a dramatic decline, as revenue fell to about USD 120,741 million and was accompanied by a negative gross profit (–USD 4,587 million) and a net loss of USD 8,524 million. This represents a significant swing, likely over 20% change in key profitability metrics, which suggests operational impacts or shifts in market conditions affecting cost structures. In the subsequent years, 2023 and 2024, AT&T appears to have rebounded with improved profitability, registering net incomes of USD 14,400 million and USD 10,948 million respectively, and robust gross profits in both years (USD 23,461 million in 2023 and USD 19,049 million in 2024). The recovery suggests that the company may have implemented cost management or operational changes to overcome previous challenges. While the revenue figures stabilize around the USD 122,000 million mark, the swings in gross profit and net income indicate that AT&T's financial health has been subject to operational risks and market pressures common in the telecommunications industry. Overall, the data-driven improvements in 2023 and 2024 are encouraging for sustainability, yet the sharp downturn in 2022 signals the need for continued strategic management amid an evolving industry landscape.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.