TTM
79.7%
YoY change
+36.82pp
Trough year (1997)
35.7%
Peak year (2025)
79.8%
Latest annual
79.8%
Gross Margin history chart for AT&T (T) from 1985 to 2025
Latest: 79.8%
Gross Margin change chart for AT&T (T) from 1985 to 2025
Latest: +36.82pp
Gross Margin history table for AT&T (T) from 1985 to 2025
| 2025 | 79.8% | +36.82pp | ||
| 2024 | 42.9% | -0.78pp | ||
| 2023 | 43.7% | -14.16pp | ||
| 2022 | 57.9% | +2.95pp | ||
| 2021 | 54.9% | +18.07pp | ||
| 2020 | 36.9% | -1.16pp | ||
| 2019 | 38.0% | +1.16pp | ||
| 2018 | 36.9% | +0.52pp | ||
| 2017 | 36.3% | -0.93pp | ||
| 2016 | 37.3% | -2.05pp | ||
| 2015 | 39.3% | -1.11pp | ||
| 2014 | 40.4% | -5.30pp | ||
| 2013 | 45.7% | +3.31pp | ||
| 2012 | 42.4% | +2.21pp | ||
| 2011 | 40.2% | -2.13pp | ||
| 2010 | 42.4% | -0.44pp | ||
| 2009 | 42.8% | -1.15pp | ||
| 2008 | 43.9% | +0.82pp | ||
| 2007 | 43.1% | +2.22pp | ||
| 2006 | 40.9% | +2.00pp | ||
| 2005 | 38.9% | +0.02pp | ||
| 2004 | 38.9% | -19.49pp | ||
| 2003 | 58.4% | -3.15pp | ||
| 2002 | 61.5% | -1.57pp | ||
| 2001 | 63.1% | +23.75pp | ||
| 2000 | 39.4% | -1.33pp | ||
| 1999 | 40.7% | -0.54pp | ||
| 1998 | 41.2% | +5.55pp | ||
| 1997 | 35.7% | -6.75pp | ||
| 1996 | 42.4% | -21.36pp | ||
| 1995 | 63.8% | -4.39pp | ||
| 1994 | 68.2% | -0.58pp | ||
| 1993 | 68.7% | +2.93pp | ||
| 1992 | 65.8% | -0.32pp | ||
| 1991 | 66.1% | +1.28pp | ||
| 1990 | 64.9% | -1.91pp | ||
| 1989 | 66.8% | -1.15pp | ||
| 1988 | 67.9% | -1.88pp | ||
| 1987 | 69.8% | -4.86pp | ||
| 1986 | 74.7% | +11.47pp | ||
| 1985 | 63.2% | — |
- 202579.8%+36.82pp
- 202442.9%-0.78pp
- 202343.7%-14.16pp
- 202257.9%+2.95pp
- 202154.9%+18.07pp
- 202036.9%-1.16pp
- 201938.0%+1.16pp
- 201836.9%+0.52pp
- 201736.3%-0.93pp
- 201637.3%-2.05pp
- 201539.3%-1.11pp
- 201440.4%-5.30pp
- 201345.7%+3.31pp
- 201242.4%+2.21pp
- 201140.2%-2.13pp
- 201042.4%-0.44pp
- 200942.8%-1.15pp
- 200843.9%+0.82pp
- 200743.1%+2.22pp
- 200640.9%+2.00pp
- 200538.9%+0.02pp
- 200438.9%-19.49pp
- 200358.4%-3.15pp
- 200261.5%-1.57pp
- 200163.1%+23.75pp
- 200039.4%-1.33pp
- 199940.7%-0.54pp
- 199841.2%+5.55pp
- 199735.7%-6.75pp
- 199642.4%-21.36pp
- 199563.8%-4.39pp
- 199468.2%-0.58pp
- 199368.7%+2.93pp
- 199265.8%-0.32pp
- 199166.1%+1.28pp
- 199064.9%-1.91pp
- 198966.8%-1.15pp
- 198867.9%-1.88pp
- 198769.8%-4.86pp
- 198674.7%+11.47pp
- 198563.2%—
Gross Margin values are taken from AT&T's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Margin at AT&T (T)
According to AT&T's latest reported financial statements, the company's latest reported gross margin is 79.7%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2025, AT&T (T) gross margin totalled 79.77% – expanded 36.8 percentage points year-over-year.
Across the available history, gross margin reached its high of 79.77% in 2025 and its low of 35.68% in 1997.
AT&T Gross Margin by Year
AT&T Gross Margin 2025: 79.8%
In 2025, AT&T reported gross margin of 79.77%, expanded 36.8 percentage points from 2024. This figure represents the highest annual value in the available history.
AT&T Gross Margin 2024: 42.9%
AT&T gross margin in 2024 was 42.94%, contracted 0.8 percentage points from 2023.
AT&T Gross Margin 2023: 43.7%
2023's gross margin for AT&T came in at 43.72%, contracted 14.2 percentage points from 2022.
AT&T Gross Margin 2022: 57.9%
AT&T posted gross margin of 57.89% in 2022, expanded 3.0 percentage points from 2021.
AT&T Gross Margin 2021: 54.9%
AT&T gross margin in 2021 was 54.93%.
See more financial history for AT&T (T).
Sector peers by Gross Margin
Communication Services peers of AT&T (T), ranked by their latest gross margin
| 81.9% | |
| 70.1% | |
| 60.4% | |
| 58.9% | |
| 54.3% | |
| 49.0% | |
| 37.2% | |
| 32.3% |
- 81.9%
- 70.1%
- 60.4%
- 58.9%
- 54.3%
- 49.0%
- 37.2%
- 32.3%
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