At&T (T) Capital Expenditures (2009 - 2026)
At&T (T) recorded Capital Expenditures of $5.06 billion in Q3 2026, up 3.6% from $4.89 billion a year earlier but down 11.2% 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 $22.42 billion as of Sep 30, 2026, up 7.2% 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 has increased for three consecutive quarters, with growth averaging 12.5% over the last eight quarters.
- 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 $5.7 billion (Q2 2026), $4.88 billion (Q1 2026) and $6.78 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 189.57 Bn | 155.91 Bn | 27.05 Bn | 3.72 Bn |
| 2 | T-Mobile US | 177.30 Bn | 159.74 Bn | 15.13 Bn | 2.27 Bn |
| 3 | At&T | 148.15 Bn | 89.61 Bn | 26.22 Bn | 5.06 Bn |
| 4 | Grupo Televisa, S.A.B | 144.51 Bn | 136.19 Bn | - | - |
| 5 | Comcast | 85.95 Bn | 51.75 Bn | - | 3.06 Bn |
| 6 | Chunghwa Telecom | 37.94 Bn | 30.67 Bn | - | - |
| 7 | Vodafone Group Public | 37.58 Bn | 6.97 Bn | - | - |
| 8 | EchoStar | 30.20 Bn | 11.24 Bn | 647.20 Mn | 64.97 Mn |
| 9 | Bce | 20.05 Bn | 20.05 Bn | - | 780.76 Mn |
| 10 | Telefonica Brasil | 18.66 Bn | 13.32 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 5.06 Bn |
| 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 |
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();