At&T T
NYSE T
$25.16 -0.44 (-1.72%)
As of: Sep 9, 2026 · 3:59 PM EDT

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-over-year from $24.3 billion in Q2 2025, and down 1.32% quarter-over-quarter from $24.8 billion in Q1 2026.

Analysis

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.

  • 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 was $24.5 billion for Q2 2026 at At&T, down from $24.8 billion in the prior quarter.
  • Over five years, Operating Expenses peaked at $52.4 billion in Q4 2022 and troughed at $23.5 billion in Q2 2023.
  • A 5-year average of $26.6 billion and a median of $24.6 billion in 2023 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses surged 100.13% in 2022 and plunged 48.98% in 2023, its largest moves.
  • Over 5 years, Operating Expenses stood at $52.4 billion in 2022, then sank by 48.98% to $26.8 billion in 2023, then rose by 0.83% to $27.0 billion in 2024, then advanced by 2.62% to $27.7 billion in 2025, then declined by 11.41% to $24.5 billion in 2026.
  • The last three Operating Expenses figures came in at $24.5 billion (Q2 2026), $24.8 billion (Q1 2026), and $27.7 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Verizon Communications 208.28 Bn 207.80 Bn 27.03 Bn 27.07 Bn
2 T-Mobile US 195.10 Bn 192.28 Bn 17.74 Bn 17.30 Bn
3 At&T 175.90 Bn 174.32 Bn 25.25 Bn 24.52 Bn
4 Chunghwa Telecom 34.00 Bn 31.91 Bn 728.80 Mn 309.31 Mn
5 Rogers Communications 20.60 Bn 23.90 Bn 1.77 Bn 152.54 Mn
6 Telefonica Brasil 18.63 Bn 16.94 Bn 1.42 Bn -203.00 Mn
7 Telus 14.98 Bn 14.45 Bn - 7.94 Bn
8 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 14.67 Bn -40,057.33 Bn - -
9 Bce 14.36 Bn 14.24 Bn - -2.51 Bn
10 Kt 9.55 Bn 12.24 Bn - 4.75 Bn
Historic Data

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