At&T (T) Operating Expenses (2009 - 2026)
At&T (T) posted quarterly Operating Expenses of $24.5 billion for Q2 2026, up 0.71% year-over-year from $24.3 billion in Q2 2025, and down 1.32% quarter-over-quarter from $24.8 billion in Q1 2026.
At&T (T) Operating Expenses (2009 - 2026) Analysis & Trends
At&T (T) has reported Operating Expenses for 18 consecutive years, with $24.5 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Expenses rose 0.71% year-over-year to $24.5 billion; the TTM figure through Jun 2026 stood at $101.6 billion (down 2.54% YoY), while the FY2025 annual figure was $101.5 billion, down 1.74% from the prior year.
- Operating Expenses fell to $24.5 billion in Q2 2026 per T's latest filing, from $24.8 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $52.4 billion in Q4 2022 and bottomed at $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.
- Annual changes were most pronounced in 2022 — Operating Expenses soared 100.13% — and 2023, when it tumbled 48.98%.
- At&T's Operating Expenses stood at $52.4 billion in 2022, then sank by 48.98% to $26.8 billion in 2023, then advanced by 0.83% to $27.0 billion in 2024, then grew by 2.62% to $27.7 billion in 2025, then retreated by 11.41% to $24.5 billion in 2026.
- Business Quant data shows T's Operating Expenses at $24.5 billion in Q2 2026, $24.8 billion in Q1 2026, and $27.7 billion in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 205.36 Bn | 203.61 Bn | 27.03 Bn | 27.07 Bn |
| 2 | T-Mobile US | 196.43 Bn | 193.61 Bn | 17.74 Bn | 17.30 Bn |
| 3 | Grupo Televisa, S.A.B | 190.22 Bn | 188.51 Bn | 318.12 Mn | -11.74 Mn |
| 4 | At&T | 174.94 Bn | 157.37 Bn | 25.25 Bn | 24.52 Bn |
| 5 | Chunghwa Telecom | 33.60 Bn | 31.03 Bn | 728.80 Mn | 309.31 Mn |
| 6 | EchoStar | 25.24 Bn | 23.74 Bn | 1.65 Bn | 3.06 Bn |
| 7 | Bce | 22.16 Bn | 22.16 Bn | - | 2.51 Bn |
| 8 | Rogers Communications | 19.61 Bn | 18.36 Bn | 1.77 Bn | 152.54 Mn |
| 9 | Telefonica Brasil | 18.11 Bn | 18.11 Bn | 1.32 Bn | -191.29 Mn |
| 10 | Charter Communications | 17.77 Bn | 17.26 Bn | - | 10.46 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |