At&T (T) Operating Leases (2019 - 2026)
At&T's (T) quarterly Operating Leases came in at $18.9 billion in Q2 2026, up 6.6% year-over-year from $17.8 billion in Q2 2025, and little changed quarter-over-quarter from $18.9 billion in Q1 2026.
Analysis
At&T (T) Operating Leases (2019 - 2026) Analysis & Trends
At&T (T) has reported Operating Leases for 8 consecutive years, with $18.9 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Leases rose 6.6% year-over-year to $18.9 billion in Q2 2026; TTM through Jun 2026 was $18.9 billion, a 6.6% increase from a year earlier, with the FY2025 full-year figure at $18.9 billion, down 9.47% from the prior year.
- Operating Leases was $18.9 billion for Q2 2026 at At&T, roughly flat from $18.9 billion in the prior quarter.
- Over five years, Operating Leases peaked at $24.6 billion in Q1 2022 and troughed at $17.2 billion in Q2 2024.
- A 5-year average of $20.1 billion and a median of $20.0 billion in 2024 frame the typical range for Operating Leases.
- Across the five-year window, Operating Leases retreated 21.31% in 2024 and increased 9.77% in 2025, its largest moves.
- Over 5 years, Operating Leases stood at $22.2 billion in 2022, then fell by 5.02% to $21.1 billion in 2023, then dropped by 0.8% to $20.9 billion in 2024, then declined by 9.47% to $18.9 billion in 2025, then dropped by 0.05% to $18.9 billion in 2026.
- The last three Operating Leases figures came in at $18.9 billion (Q2 2026), $18.9 billion (Q1 2026), and $18.9 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Verizon Communications | 208.02 Bn | 206.27 Bn | 27.03 Bn |
| 2 | T-Mobile US | 191.59 Bn | 188.77 Bn | 17.74 Bn |
| 3 | At&T | 177.47 Bn | 159.90 Bn | 25.25 Bn |
| 4 | Chunghwa Telecom | 34.55 Bn | 31.97 Bn | 728.80 Mn |
| 5 | Rogers Communications | 20.60 Bn | 23.90 Bn | 1.77 Bn |
| 6 | Telefonica Brasil | 19.16 Bn | 17.48 Bn | 1.42 Bn |
| 7 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 14.85 Bn | -56,572.15 Bn | - |
| 8 | Bce | 14.36 Bn | 14.24 Bn | - |
| 9 | Telus | 13.92 Bn | 12.82 Bn | - |
| 10 | Kt | 9.50 Bn | 10.94 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.93 Bn |
| Mar 31, 2026 | 18.91 Bn |
| Dec 31, 2025 | 18.94 Bn |
| Sep 30, 2025 | 19.03 Bn |
| Jun 30, 2025 | 17.76 Bn |
| Mar 31, 2025 | 17.43 Bn |
| Dec 31, 2024 | 20.92 Bn |
| Sep 30, 2024 | 17.33 Bn |
| Jun 30, 2024 | 17.17 Bn |
| Mar 31, 2024 | 17.29 Bn |
| Dec 31, 2023 | 21.09 Bn |
| Sep 30, 2023 | 21.27 Bn |
| Jun 30, 2023 | 21.83 Bn |
| Mar 31, 2023 | 21.94 Bn |
| Dec 31, 2022 | 22.21 Bn |
| Sep 30, 2022 | 22.21 Bn |
| Jun 30, 2022 | 22.22 Bn |
| Mar 31, 2022 | 24.61 Bn |
| Dec 31, 2021 | 22.35 Bn |
| Sep 30, 2021 | 25.19 Bn |