At&T (T) Capital Expenditures (2009 - 2026)
At&T (T) recorded Capital Expenditures of $5.7 billion in Q2 2026, up 16.4% from $4.9 billion a year earlier and up 16.9% from the prior quarter.
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Analysis
At&T (T) Capital Expenditures (2009 - 2026) Analysis & Trends
On a TTM basis, At&T's Capital Expenditures came in at $22.25 billion as of Jun 30, 2026, up 4.3% year-over-year; for FY2025, it came in at $20.84 billion, up 2.9% from FY2024.
- Annual Capital Expenditures has a five-year compound annual growth rate of 7.2% (FY2020 to FY2025).
- Across earlier years, Capital Expenditures came in at $20.26 billion in FY2024 (+13.5%), $17.85 billion in FY2023 (-9.0%), $19.63 billion in FY2022 (+26.3%) and $15.55 billion in FY2021 (+5.8%).
- Quarterly Capital Expenditures has ranged from $3.49 billion in Q4 2021 to $6.84 billion in Q4 2024 over the past five years.
- On a year-over-year basis, Capital Expenditures rose in six of the last eight quarters, with growth averaging 13.8%.
- Peak year-over-year performance for Capital Expenditures in the last five years was growth of 148.3% in Q4 2021, against a decline of 21.5% in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $4.88 billion (Q1 2026), $6.78 billion (Q4 2025) and $4.89 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 191.08 Bn | 155.48 Bn | 27.03 Bn | 4.01 Bn |
| 2 | T-Mobile US | 175.17 Bn | 159.92 Bn | 14.76 Bn | 2.70 Bn |
| 3 | At&T | 167.81 Bn | 115.76 Bn | 25.82 Bn | 5.70 Bn |
| 4 | Grupo Televisa, S.A.B | 146.22 Bn | 134.85 Bn | 318.12 Mn | - |
| 5 | Comcast | 76.40 Bn | 40.65 Bn | - | 2.90 Bn |
| 6 | Chunghwa Telecom | 35.35 Bn | 31.20 Bn | 728.80 Mn | -167.60 Mn |
| 7 | EchoStar | 26.08 Bn | 17.22 Bn | 1.65 Bn | 92.30 Mn |
| 8 | AST SpaceMobile | 23.11 Bn | 23.62 Bn | 7.95 Mn | 597.62 Mn |
| 9 | Bce | 18.79 Bn | 17.12 Bn | - | -780.76 Mn |
| 10 | Telefonica Brasil | 18.18 Bn | 12.18 Bn | 1.42 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.70 Bn |
| Mar 31, 2026 | 4.88 Bn |
| Dec 31, 2025 | 6.78 Bn |
| Sep 30, 2025 | 4.89 Bn |
| Jun 30, 2025 | 4.90 Bn |
| Mar 31, 2025 | 4.28 Bn |
| Dec 31, 2024 | 6.84 Bn |
| Sep 30, 2024 | 5.30 Bn |
| Jun 30, 2024 | 4.36 Bn |
| Mar 31, 2024 | 3.76 Bn |
| Dec 31, 2023 | 4.60 Bn |
| Sep 30, 2023 | 4.65 Bn |
| Jun 30, 2023 | 4.27 Bn |
| Mar 31, 2023 | 4.34 Bn |
| Dec 31, 2022 | 4.23 Bn |
| Sep 30, 2022 | 5.92 Bn |
| Jun 30, 2022 | 4.91 Bn |
| Mar 31, 2022 | 4.57 Bn |
| Dec 31, 2021 | 3.49 Bn |
| Sep 30, 2021 | 4.47 Bn |
API Access
At&T Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=T&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "T", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=T&period=max&api_key=YOUR_API_KEY");
const data = await res.json();