Current Assets

Inventories

AT&T Inventories increased by 1.3% to $2.45B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 5.5%, from $2.59B to $2.45B. Over 3 years (FY 2022 to FY 2025), Inventories shows a downward trend with a -8.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ4 2022
Last reportedQ1 2026Apr 27, 2026

How to read this metric

Rising inventory relative to sales may indicate slowing demand or overproduction, while declining inventory may signal strong sales or supply constraints.

Detailed definition

The aggregate value of all raw materials, work-in-progress, and finished goods held by the company. This metric is a cri...

Peer comparison

Benchmark against inventory turnover ratios of peer healthcare and consumer goods companies.

Metric ID: inventories

Historical Data

14 periods
 Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$3.12B$2.79B$2.35B$2.52B$2.18B$2.13B$1.82B$2.53B$2.27B$2.59B$2.36B$2.89B$2.42B$2.45B
QoQ Change-10.6%-15.9%+7.3%-13.6%-2.3%-14.6%+39.3%-10.2%+14.2%-9.1%+22.4%-16.1%+1.3%
YoY Change-30.3%-23.8%-22.7%+0.4%+4.3%+21.9%+29.8%+14.1%+6.6%-5.5%
Range$1.82B$3.12B
CAGR-7.2%
Avg YoY Growth-0.5%
Median YoY Growth+2.3%

Frequently Asked Questions

What is AT&T's inventories?
AT&T (T) reported inventories of $2.45B in Q1 2026.
How has AT&T's inventories changed year-over-year?
AT&T's inventories decreased by 5.5% year-over-year, from $2.59B to $2.45B.
What is the long-term trend for AT&T's inventories?
Over 3 years (2022 to 2025), AT&T's inventories has grown at a -8.1% compound annual growth rate (CAGR), from $3.12B to $2.42B.
What does inventories mean?
The total value of all goods held for production or sale.