At&T (T) Operating Expenses (2009 - 2026)

At&T's (T) quarterly Operating Expenses came in at $24.5 billion in Q2 2026, up 0.71% year-on-year from $24.3 billion in Q2 2025, and down 1.32% on a QoQ basis from $24.8 billion in Q1 2026.

At&T (T) Operating Expenses (2009 - 2026) Analysis & Trends

At&T (T) has 18 years of Operating Expenses data on file, last reported at $24.5 billion in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 0.71% year-over-year to $24.5 billion in Q2 2026; TTM through Jun 2026 was $101.6 billion, a 2.54% decrease from a year earlier, with the FY2025 full-year figure at $101.5 billion, down 1.74% from the prior year.
  • Operating Expenses for Q2 2026 stood at $24.5 billion, down from $24.8 billion in the prior quarter.
  • Over the last five years, Operating Expenses for T reached as high as $52.4 billion in Q4 2022 and fell as low as $23.5 billion in Q2 2023.
  • Historically, Operating Expenses has averaged $26.6 billion across 5 years, with a median of $24.6 billion in 2023.
  • Across the five-year window, Operating Expenses jumped 100.13% in 2022 and sank 48.98% in 2023, its largest moves.
  • Year by year, Operating Expenses stood at $52.4 billion in 2022, then sank by 48.98% to $26.8 billion in 2023, then grew by 0.83% to $27.0 billion in 2024, then rose by 2.62% to $27.7 billion in 2025, then slipped by 11.41% to $24.5 billion in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $24.5 billion in Q2 2026, $24.8 billion in Q1 2026, and $27.7 billion in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 America Movil Sab De Cv 1,543.97 Bn 1,543.97 Bn 7.08 Bn 8.32 Bn
2 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 1,427.96 Bn -8,564.04 Bn - -
3 Grupo Televisa, S.A.B 958.85 Bn 957.15 Bn 317.18 Mn -114.72 Mn
4 Chunghwa Telecom 334.17 Bn 331.99 Bn 719.92 Mn 305.28 Mn
5 Verizon Communications 198.41 Bn 190.05 Bn 29.14 Bn 26.20 Bn
6 T-Mobile US 192.12 Bn 189.29 Bn 17.74 Bn 17.30 Bn
7 At&T 169.04 Bn 151.47 Bn 25.25 Bn 24.52 Bn
8 Veon 90.84 Bn 90.84 Bn - -683.00 Mn
9 Tim 50.18 Bn 50.03 Bn 677.20 Mn -389.44 Mn
10 Telefonica Brasil 45.44 Bn 43.70 Bn 1.32 Bn -191.29 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 24.52 Bn
Mar 31, 2026 24.85 Bn
Dec 31, 2025 27.68 Bn
Sep 30, 2025 24.59 Bn
Jun 30, 2025 24.35 Bn
Mar 31, 2025 24.87 Bn
Dec 31, 2024 26.97 Bn
Sep 30, 2024 28.10 Bn
Jun 30, 2024 24.04 Bn
Mar 31, 2024 24.18 Bn
Dec 31, 2023 26.75 Bn
Sep 30, 2023 24.57 Bn
Jun 30, 2023 23.51 Bn
Mar 31, 2023 24.14 Bn
Dec 31, 2022 52.44 Bn
Sep 30, 2022 24.03 Bn
Jun 30, 2022 24.69 Bn
Mar 31, 2022 24.18 Bn
Dec 31, 2021 26.20 Bn
Sep 30, 2021 25.09 Bn