Operators in Python perform mathematical, logical, and other operations on operands. The basic arithmetic operators are addition, subtraction, multiplication, and division. Comparison operators compare values, including equal, not equal, greater than, and less than. Assignment operators assign values to variables. Logical operators perform logical AND, OR, and NOT operations. Bitwise operators manipulate bits within a binary number. Membership operators test if a value is present within a sequence. Identity operators check if two values are the same type or object.