Operating Expenses

Total Operating Expenses

AT&T Total Operating Expenses decreased by 10.2% to $24.85B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 0.1%, from $24.87B to $24.85B. Over 4 years (FY 2021 to FY 2025), Total Operating Expenses shows a downward trend with a -3.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026Apr 27, 2026

How to read this metric

An increase faster than revenue growth suggests declining operating margins, while slower growth indicates effective cost control.

Detailed definition

Total operating expenses represent the sum of all costs incurred to operate the business, excluding the cost of goods so...

Peer comparison

Used to calculate operating margin; peers in the healthcare sector monitor this closely to manage profitability against R&D requirements.

Metric ID: total_operating_expenses

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$28.17B$25.09B$26.20B$24.18B$24.69B$24.03B$52.44B$24.14B$23.51B$24.57B$26.75B$24.18B$24.04B$28.10B$26.97B$24.87B$24.35B$24.59B$27.68B$24.85B
QoQ Change-10.9%+4.4%-7.7%+2.1%-2.7%+118.2%-54.0%-2.6%+4.5%+8.9%-9.6%-0.6%+16.9%-4.0%-7.8%-2.1%+1.0%+12.6%-10.2%
YoY Change-12.4%-4.2%+100.1%-0.2%-4.8%+2.2%-49.0%+0.2%+2.2%+14.4%+0.8%+2.9%+1.3%-12.5%+2.6%-0.1%
Range$23.51B$52.44B
CAGR-2.6%
Avg YoY Growth+2.7%
Median YoY Growth+0.5%

Business Segments

View all
SegmentQ1 '26
Advanced Connectivity$21.62B
Legacy$1.16B
Latin America$1.15B
Corporate & Other$921.00M
Total$24.85B

Frequently Asked Questions

What is AT&T's total operating expenses?
AT&T (T) reported total operating expenses of $24.85B in Q1 2026.
How has AT&T's total operating expenses changed year-over-year?
AT&T's total operating expenses decreased by 0.1% year-over-year, from $24.87B to $24.85B.
What is the long-term trend for AT&T's total operating expenses?
Over 4 years (2021 to 2025), AT&T's total operating expenses has grown at a -3.2% compound annual growth rate (CAGR), from $115.74B to $101.49B.
What does total operating expenses mean?
The total cost of running the business, including all non-production expenses.