AT&T Posts Nearly 26% Surge in First-Half Profits
For full-year 2025, AT&T forecasts adjusted EBITDA growth above 3%, capital expenditures (capex) of up to $22.5 billion.
Quick overview
- AT&T reported a net profit of $8.85 billion in the first half of the year, a 25.7% increase from 2024.
- In Q2, AT&T's profit reached $4.5 billion, with revenue of $30.85 billion, marking a 3.5% increase year-over-year.
- CEO John Stankey attributed growth to the expansion of AT&T's fiber and wireless networks, the largest in the nation.
- Nokia's shares fell 7.5% after the company downgraded its 2025 profit outlook due to a weaker U.S. dollar and tariff pressures.
U.S. telecom giant AT&T posted a net attributable profit of $8.85 billion in the first half of the year, marking a 25.7% increase compared to the same period in 2024. Revenue rose 2.75% to $61.47 billion, while operating income jumped to $12.26 billion.
For Q2 alone, AT&T recorded a $4.5 billion profit (+25.1% year-over-year), with revenue of $30.85 billion (+3.5%) and operating income up 12.9% to $6.5 billion.
CEO John Stankey credited the growth to AT&T’s expanding fiber and wireless networks, which he described as the nation’s largest and most advanced.
Looking ahead, AT&T expects to save between $6.5 billion and $8 billion in taxes through 2027, driven by President Trump’s new “One Big Beautiful Bill” budget reconciliation law. The company plans to reinvest $3.5 billion of those savings into its fiber network and allocate $1.5 billion to its employee pension plan.
For full-year 2025, AT&T forecasts adjusted EBITDA growth above 3%, capital expenditures (capex) of up to $22.5 billion, and free cash flow near $16 billion.
In other telecom news, Nokia fell sharply after cutting its guidance.
Nokia Shares Plunge After Cutting 2025 Outlook
Shares of Finnish telecom giant Nokia fell around 7.5% on the stock market after the company downgraded its 2025 operating profit (EBIT) forecast, citing a weaker U.S. dollar and mounting tariff pressures.
The stock traded at €3.79, down 12.1% from the €4.32 level seen at the beginning of the year. The downgrade has amplified investor concerns over macroeconomic headwinds and trade tensions impacting global tech firms.
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