At&T (T) Operating Leases (2019 - 2026)

At&T (T) reported Operating Leases of $18.9 billion for Q1 2026, up 8.46% year-over-year from $17.4 billion in Q1 2025, and little changed quarter-over-quarter from $18.9 billion in Q4 2025.

At&T (T) Operating Leases (2019 - 2026) Analysis & Trends

At&T (T) has 8 years of Operating Leases data on file, last reported at $18.9 billion in Q1 2026.

  • Operating Leases for Q1 2026 came in at $18.9 billion, up 8.46% year-over-year; the trailing twelve-month figure through Mar 2026 was $18.9 billion (up 8.46% YoY), and the FY2025 annual result was $18.9 billion, down 9.47% from the prior year.
  • Operating Leases was little changed at $18.9 billion in Q1 2026 per T's latest filing, from $18.9 billion in the prior quarter.
  • Over five years, Operating Leases peaked at $22.2 billion in Q3 2022 and troughed at $17.2 billion in Q2 2024.
  • A 5-year average of $19.3 billion and a median of $18.9 billion in 2026 frame the typical range for Operating Leases.
  • The sharpest annual moves came in 2023 and 2024: Operating Leases climbed 16.41% in 2023, then decreased 21.31% in 2024.
  • A 5-year view of Operating Leases shows it stood at $18.7 billion in 2022, then advanced by 13.04% to $21.1 billion in 2023, then declined by 0.8% to $20.9 billion in 2024, then fell by 9.47% to $18.9 billion in 2025, then dropped by 0.19% to $18.9 billion in 2026.
  • Business Quant data shows T's Operating Leases at $18.9 billion in Q1 2026, $18.9 billion in Q4 2025, and $19.0 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Bce 382.57 Bn 381.58 Bn -
2 T-Mobile US 195.94 Bn 192.42 Bn 17.62 Bn
3 Verizon Communications 190.78 Bn 183.73 Bn 27.94 Bn
4 At&T 159.64 Bn 149.68 Bn 25.25 Bn
5 Telefonica Brasil 146.21 Bn 144.47 Bn 1.32 Bn
6 America Movil Sab De Cv 128.31 Bn 126.27 Bn 10.13 Bn
7 Chunghwa Telecom 109.39 Bn 107.21 Bn 719.92 Mn
8 Millicom International Cellular 106.22 Bn 104.67 Bn -
9 Veon 82.81 Bn 80.59 Bn -
10 EchoStar 33.61 Bn 33.48 Bn 3.13 Bn

Historic Data

Download Data
DateValue
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 18.41 Bn
Dec 31, 2022 18.66 Bn
Sep 30, 2022 22.21 Bn
Jun 30, 2022 18.75 Bn
Mar 31, 2022 20.92 Bn
Dec 31, 2021 22.35 Bn
Sep 30, 2021 21.51 Bn
Jun 30, 2021 21.64 Bn