- AT&T (T, Financial) reported a 2% year-over-year increase in revenues for Q1 2025, totaling $30.6 billion.
- Diluted EPS increased to $0.61 from $0.47, marking a 29.8% growth over the prior year.
- The company added 324,000 postpaid phone subscribers with a churn rate of 0.83% and 261,000 new AT&T Fiber subscribers.
AT&T Inc. (T) has announced robust financial results for the first quarter of 2025, reflecting strong performance in key business segments. The telecommunications giant reported revenues of $30.6 billion, indicating a 2.0% increase compared to the same period last year. The rise in revenue was propelled by growth in the Mobility and Consumer Wireline sectors.
The company's profitability showcased significant improvement, with diluted earnings per share (EPS) climbing to $0.61, a notable increase from $0.47 year-over-year. The quarter also saw a rise in net income to $4.7 billion from $3.8 billion in Q1 2024.
Among the operational highlights, AT&T added 324,000 postpaid phone subscribers, achieving a low churn rate of 0.83%. This growth trend extended to its fiber business, which recorded 261,000 net additions, marking the 21st consecutive quarter of over 200,000 fiber subscriber gains. Consumer fiber broadband revenue jumped by 19% to $2.1 billion, underscoring successful monetization of the company’s fiber investments.
AT&T's free cash flow improved to $3.1 billion, up from $2.8 billion in the previous year, supporting the firm’s targeted net leverage ratio in the 2.5x range. This financial health positions AT&T to initiate share repurchases in the second quarter of 2025.
The company reaffirmed its full-year 2025 guidance, expecting consolidated service revenue growth in the low-single-digit range and mobility service revenue growth at the higher end of the 2% to 3% range. Despite challenges in the Business Wireline segment, which reported an operating loss of $98 million, AT&T remains focused on strategic investments in 5G and fiber to drive continued growth.
