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Non-Current Assets

PP&E (Net)

AT&T PP&E (Net) increased by 1.2% to $133.12B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.6%, from $128.45B to $133.12B. Over 5 years (FY 2020 to FY 2025), PP&E (Net) shows relatively stable performance with a 1.7% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026Apr 27, 2026

How to read this metric

An increase reflects ongoing capital investment in network expansion or modernization, while a decrease may indicate high depreciation rates or asset divestitures.

Detailed definition

This represents the net book value of long-term, tangible assets used in the production of goods or services, such as ne...

Peer comparison

Highly significant for capital-intensive sectors like utilities and telecommunications; compared across peers via capital intensity ratios.

Metric ID: property_plant_equipment_net

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$123.59B$124.42B$121.65B$127.16B$125.14B$127.05B$127.45B$128.46B$128.78B$128.5B$128.49B$127.85B$127.77B$127.96B$128.87B$128.45B$129.09B$129.92B$131.56B$133.12B
QoQ Change+0.7%-2.2%+4.5%-1.6%+1.5%+0.3%+0.8%+0.3%-0.2%-0.0%-0.5%-0.1%+0.2%+0.7%-0.3%+0.5%+0.6%+1.3%+1.2%
YoY Change+1.2%+2.1%+4.8%+1.0%+2.9%+1.1%+0.8%-0.5%-0.8%-0.4%+0.3%+0.5%+1.0%+1.5%+2.1%+3.6%
Range$121.65B$133.12B
CAGR+1.6%
Avg YoY Growth+1.3%
Median YoY Growth+1.1%
Current Streak4 quarters growth

Geographic Breakdown

View all
SegmentQ4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Europe$249M$201M$166M$139M$126M
Asia/Pacific Rim$136M$124M$99M$82M$68M
Latin America$74M$67M$60M$54M
Other$32M$23M$20M$36M$33M
Total$121.65B$127.45B$128.49B$128.87B$131.56B

Frequently Asked Questions

What is AT&T's pp&e (net)?
AT&T (T) reported pp&e (net) of $133.12B in Q1 2026.
How has AT&T's pp&e (net) changed year-over-year?
AT&T's pp&e (net) increased by 3.6% year-over-year, from $128.45B to $133.12B.
What is the long-term trend for AT&T's pp&e (net)?
Over 5 years (2020 to 2025), AT&T's pp&e (net) has grown at a 1.7% compound annual growth rate (CAGR), from $121.1B to $131.56B.
What does pp&e (net) mean?
The net value of the company's physical assets like buildings, equipment, and network infrastructure.