At&T (T) Cost of Revenue (2009 - 2026)
At&T's Cost of Revenue came in at $5.74 billion for Q2 2026, up 0.1% from $5.74 billion a year earlier but down 8.9% from the prior quarter.
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Analysis
At&T (T) Cost of Revenue (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, At&T reported Cost of Revenue of $26.01 billion, up 9.6% year-over-year; for FY2025, it was $25.4 billion, up 14.1% from FY2024.
- Cost of Revenue carries a five-year compound annual growth rate of -6.6% (FY2020 to FY2025).
- Going back by year, Cost of Revenue was $22.25 billion in FY2024 (-3.8%), $23.14 billion in FY2023 (-3.6%), $24.01 billion in FY2022 (-24.5%) and $31.79 billion in FY2021 (-10.9%).
- The five-year range for quarterly Cost of Revenue is $160 million (Q3 2023) to $22.56 billion (Q4 2023).
- Year-over-year, Cost of Revenue has increased for six consecutive quarters, with an average decline of 0.1% over the last seven quarters.
- The fastest year-over-year change in Cost of Revenue over five years came in Q4 2023 (growth of 222.3%), and the weakest in Q3 2023 (a decline of 97.1%).
- Business Quant data shows T's Cost of Revenue at $6.31 billion (Q1 2026), $8.5 billion (Q4 2025) and $5.47 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 190.87 Bn | 155.27 Bn | 27.03 Bn | 7.23 Bn |
| 2 | T-Mobile US | 175.88 Bn | 160.63 Bn | 14.76 Bn | 8.03 Bn |
| 3 | At&T | 166.65 Bn | 114.60 Bn | 25.82 Bn | 5.74 Bn |
| 4 | Grupo Televisa, S.A.B | 142.49 Bn | 131.12 Bn | 318.12 Mn | 502.80 Mn |
| 5 | Comcast | 76.29 Bn | 40.54 Bn | - | - |
| 6 | Chunghwa Telecom | 35.81 Bn | 31.66 Bn | 728.80 Mn | 1.21 Bn |
| 7 | EchoStar | 27.35 Bn | 18.48 Bn | 1.65 Bn | 1.93 Bn |
| 8 | AST SpaceMobile | 22.74 Bn | 23.25 Bn | 7.95 Mn | 23.57 Mn |
| 9 | Telefonica Brasil | 18.42 Bn | 12.42 Bn | 1.42 Bn | 1.70 Bn |
| 10 | Bce | 18.40 Bn | 16.72 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.74 Bn |
| Mar 31, 2026 | 6.31 Bn |
| Dec 31, 2025 | 8.50 Bn |
| Sep 30, 2025 | 5.47 Bn |
| Jun 30, 2025 | 5.74 Bn |
| Mar 31, 2025 | 5.69 Bn |
| Dec 31, 2024 | 7.36 Bn |
| Sep 30, 2024 | 4.93 Bn |
| Jun 30, 2024 | 4.82 Bn |
| Mar 31, 2024 | 5.14 Bn |
| Dec 31, 2023 | 22.56 Bn |
| Sep 30, 2023 | 160.00 Mn |
| Jun 30, 2023 | 5.06 Bn |
| Mar 31, 2023 | 5.66 Bn |
| Dec 31, 2022 | 7.00 Bn |
| Sep 30, 2022 | 5.44 Bn |
| Jun 30, 2022 | 5.53 Bn |
| Mar 31, 2022 | 6.04 Bn |
| Dec 31, 2021 | 7.44 Bn |
| Sep 30, 2021 | 6.52 Bn |
API Access
At&T Cost of Revenue 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=cost-of-revenue&ticker=T&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "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=cost-of-revenue&ticker=T&period=max&api_key=YOUR_API_KEY");
const data = await res.json();